Monitoring

This indicator evaluates how the participant monitors property/asset managers’ compliance with its sustainability requirements. Effective oversight helps ensure manager accountability and supports consistent implementation of the entity’s sustainability requirements across its portfolio.

Select yes or no. If yes, select all applicable sub-options.

Terminology

Checks performed by an independent third party or the entity's employees

Formal, structured checks that assess the compliance with sustainability-specific requirements in place for property/asset managers.

External property/asset managers

Organizations or persons to which participants outsource some or all of their property and asset management functions.

Internal property/asset managers

The part of the entity or persons that is/are responsible for the entity’s property and asset management functions.

Monitoring of property managers

Performance evaluation and incentives put in place for property managers to employ sustainable processes in their day-to-day work.

Property/asset manager sustainability training

A formal and structured training program addressing sustainability-related issues and opportunities for action.

Regular meetings with property/asset managers

Meetings with property/asset managers that take place at least four times per year, addressing sustainability-specific requirements in place.

No evidence required. Only the 'Other' answer is manually validated.

Other Answer

State the other method used for monitoring. It is possible to report multiple other answers. If multiple other answers are acceptable, only one will be counted towards scoring.

Professional standard: If ‘require alignment with a professional standard’ is selected, state the professional standard. It is possible to report multiple standards.

Validation Basics

The scoring of this indicator is equal to the fraction assigned to the selected option, multiplied by the total score of the indicator.

Other: The 'Other' answer is manually validated and assigned a score which is used as a multiplying factor, as per the table below:

Scoring Basics

This indicator examines the methods used by a participant to monitor the compliance of external suppliers and/or service providers with the participant's sustainability-specific requirements. This indicator refers to stakeholders other than property/asset managers, who are covered by indicator RSE7.1.

Select yes or no. If yes, select all applicable sub-options.

Terminology

Checks by the entity’s employees or by external property/asset managers

Formal, structured checks that assess the compliance with sustainability-specific requirements in place for that supplier.

Sustainability-specific requirements

Includes specification and use of sustainable and energy efficient materials, systems, equipment and onsite operating practices. Requirements can address site access, environmental impact, community impact, health and safety, etc.

Monitoring of external suppliers and/or service providers

Performance evaluation and incentives in place for direct external suppliers and/or service providers to employ sustainability related processes in their day-to-day work.

Regular meetings with suppliers

Meetings with suppliers that take place at least four times per year, addressing sustainability-specific requirements in place for that supplier.

Update reports

Written reports received from contractors that address compliance with the sustainability-specific requirements in place for that contractor.

No evidence required. Only the 'Other' answer is manually validated.

Other Answer

State the other method used for monitoring. It is possible to report multiple other answers. If multiple other answers are acceptable, only one will be counted towards scoring.

Professional standard: If ‘require alignment with a professional standard’ is selected, state the professional standard. It is possible to report multiple standards.

Validation Basics

The scoring of this indicator is equal to the fraction assigned to the selected option, multiplied by the total score of the indicator.

Other: The 'Other' answer is manually validated and assigned a score which is used as a multiplying factor, as per the table below:

Scoring Basics

GRI Sustainability Reporting Standards, 2016: GRI 308; GRI 414; 414-1; 412-1

RobecoSAM Corporate Sustainability Assessment, 2017: 3.5.2, Risk Exposure