GRESB is bringing its ESG benchmarking to the listed infrastructure asset class.
The Global Real Estate Sustainability Benchmark has partnered with Global Listed Infrastructure Organisation (GLIO) to offer a new index for infrastructure assets.
The GLIO/GRESB ESG Index will leverage the existing parent GLIO Index that captures listed companies involved with infrastructure such as energy, transport and communications infrastructure.
It will use GRESB’s annual infrastructure Public Disclosure scores to weight constituents, which evaluates sustainability disclosures in company websites, sustainability reports and annual reports.
It includes sustainability governance, sustainability implementation, operational performance data, and stakeholder engagement practices.
“The launch of the GLIO/GRESB ESG Index is leap forward in the sophistication of the asset class, aimed at encouraging better ESG disclosure,” Manoj Patel, chairman of the GLIO Index Committee said.
“We see this as a move towards better ESG engagement with companies, enabling investors to benchmark through an ESG lens.”