GRESB benchmarking score in Europe 2021-2023, by component
European companies participating in the Global Real Estate Sustainability Benchmark (GRESB) received the highest score for their management practices in 2023. GRESB is an industry-led organization that collects, validates, scores, and benchmarks ESG performance. Within the management component, which stands for a company's adoption of different ESG criteria, the policy metric ranked the highest, with a score of 94.3. Waste management was the strongest metric within the development of new buildings and the performance of standing investments.
ESG benchmarking has been a growing trend among real estate companies worldwide, with the number of companies participating in GRESB benchmark increasing year-on-year since 2013.