GRESB assesses and benchmarks the Environmental, Social and Governance (ESG) and other related performance of real assets, providing standardised and validated data to the capital markets. Assessment participants receive comparative business intelligence on where they stand against their peers, insight into the actions they can take to improve their ESG performance and a communication platform to engage with investors.
An innovation of IFC, EDGE (Excellence in Design for Greater Efficiencies) provides market leaders with the opportunity to gain a competitive advantage by differentiating their products and adding value to the lives of their customers. The EDGE App is at the core of the certification program. Anyone can access the free software globally and within minutes compare a building against a local baseline and implement green design principles to make it resource-efficient.
The reduction of carbon-risk factors associated with premature obsolescence and potential depreciation due to changing market expectations and legal regulations are key objectives of the EU-funded research project CRREM (Carbon Risk Real Estate Monitor). CRREM aims at supporting the industry to tackle these risks and foster investments in energy efficiency as many assets will become ‘stranded’ properties .
Green Key is a voluntary eco-label awarded to around 2700 hotels and other establishments in 56 countries. The Green Key award is a leading standard of excellence in the field of environmental responsibility and sustainable operation within the tourism industry. This prestigious eco-label represents a commitment by businesses that their tourism establishments adhere to the strict criteria as stipulated by the Foundation for Environmental Education (FEE). [emptyspaceemptyspaceemptyspace]
The Global Sustainable Tourism Council (GSTC) establishes and manages global standards for sustainable travel and tourism, known as the GSTC Criteria. The GSTC Criteria form the foundation Accreditation for Certification Bodies that certify hotels/accommodations, tour operators/transport providers, and destinations as having sustainable policies and practices in place. GSTC does not directly certify any products or services. [emptyspaceemptyspaceemptyspace]
The Green Globe certification is a structured assessment of the sustainability performance of travel and tourism businesses and their supply chain partners. Businesses can monitor improvements and document achievements leading to certification of their enterprises’ sustainable operation and management. The Green Globe Standard includes 44 core criteria supported by over 380 compliance indicators. The indicators vary by type of certification, geographical area and local factors.