The Green Building Certification Institute (GBCI), the certification body for the global LEED® green building rating system, the WELL Building Standard®, the PEER™ program and other sustainability initiatives, announced today that it has acquired GRESB (the Global Real Estate Sustainability Benchmark), an industry-driven organization committed to assessing the sustainability performance of real estate portfolios around the globe. “GRESB delivers the missing link by providing a framework for this measurement within and across portfolios,” added Fedrizzi. “The merging of our two organizations will provide an unprecedented view of global real estate that can help protect and enhance the value of its investments and contribute to a more sustainable built environment at the same time. This is a huge step.”
The merger will provide the global real estate industry with a powerful set of integrated sustainability solutions, linking real time performance, asset certification and portfolio-level reporting to provide investment-grade data. These solutions will leverage GBCI’s established expertise providing rigorous third-party review, verification and training, which will be extended to the GRESB Survey in combination with GRESB’s unique capabilities to assess and benchmark critical aspects of environmental performance, social responsibility and corporate governance. Together, GBCI and GRESB will provide investors with reliable information to inform global real estate investment decisions.
To learn more about this merger and these two organizations:
Visit GBCI & GRESB