> For the complete documentation index, see [llms.txt](https://guides.gresb.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guides.gresb.com/investor-members/guidance-for-investor-members.md). # Guidance for Investor Members GRESB provides essential data, tools, and guidance to support constructive engagement between investors and managers. By leveraging these resources, investors can drive productive conversations, increase transparency about investment characteristics, and, ultimately, improve risk-adjusted investment returns. {% hint style="info" %} Not an Investor Member yet? Learn more about the use cases [here](https://www.gresb.com/welcome/for-investors/). {% endhint %} ## What is GRESB? {% stepper %} {% step %} ### A strategic partner for sustainable investment Approximately 150 institutional and financial investors with USD 53 trillion in assets under management rely on GRESB to inform their decisions. In 2025, GRESB Participants continued to demonstrate strong commitment to responsible investing. In real estate, 1,002 fund managers—including 84 new participants—submitted 2,382 assessments, with 239 entities joining the inaugural Residential Component. On the infrastructure side, 186 managers (including 19 newcomers) completed 805 assessments across the Fund, Asset, and Development Asset Assessments, underscoring the industry’s resilience and dedication to advancing sustainability performance. Each year, the GRESB Standards evolve to better reflect the needs and priorities of the real assets investment community. This work is driven by investors and other industry stakeholders who serve as volunteer leaders of the non-profit [GRESB Foundation](https://www.gresb.com/gresb-foundation/). Read about 2026 updates to the GRESB Standards Learn more about the latest 2026 GRESB Foundation Roadmap {% endstep %} {% step %} ### Road Ahead for 2026 The real estate and infrastructure industries have experienced different unprecedented conditions over the last year. For instance, slower capital flow and uncertainty in regulations. To promote sustainability in real assets, GRESB has set a list of priorities when looking ahead of 2026. Learn more about our long-term vision {% endstep %} {% step %} ### GRESB participation and financial performance Investors are increasingly recognizing the potential impact of responsible investment practices on financial performance. Recent studies across Europe, Asia Pacific, and the US show that GRESB participation is positively correlated with higher total returns and lower volatility. For example, a study found that GRESB reporting is associated with a 0.35% increase in an ODCE fund’s total quarterly return, compared to a mean quarterly return of 1.94%. Additionally, each one-point increase in GRESB scoring corresponds to a 0.09% increase in quarterly returns—equivalent to a 0.36% annualized boost (Devine, Sanderford & Wang, 2022). Explore key findings {% endstep %} {% step %} ### Better understand GRESB Scores and their implications Scores and star ratings alone do not capture the full picture of a fund's performance or the commitments made over the years. We encourage GRESB Investor Members not to use these as the sole criterion for investment decisions, and instead to read the full Benchmark Report in detail. We invite you to deepen your understanding of the history, methodology, and future direction of GRESB Scores in the GRESB Scoring Insights series, where Chief Innovation Officer Chris Pyke breaks down what GRESB Scores signify and how they influence sustainability and investment outcomes. Explore: * How GRESB Scores act as a mechanism for simplification, differentiation, and flexibility * What a score means based on the GRESB Standard itself and how it correlates to financial returns * The comparability of GRESB Scores over time Read the GRESB Scoring Insights series {% endstep %} {% step %} ### Ask your managers to participate By encouraging your managers to participate in GRESB, you will be able to maximize your portfolio coverage for sustainability data, drawing more meaningful benchmark comparisons and portfolio insights. You can send a [customized letter](https://www.gresb.com/gresb-industry-insights/investor-guidance/) to your managers requesting participation in the GRESB Assessments. {% endstep %} {% endstepper %} *** ## Looking to increase your sustainability data coverage? GRESB data and benchmarks cover more than 2,200 real estate funds and 880 infrastructure funds and assets. By encouraging your managers to participate in GRESB, you will be able to maximize your portfolio coverage for sustainability data, drawing more meaningful benchmark comparisons and portfolio insights. You can share [this webpage](https://www.gresb.com/nl-en/satisfy-investors-and-take-control-of-your-esg-data/) with your managers to help them understand why you want them to participate in GRESB. See GRESB Assessment Participants *** ## Get more from your GRESB data As a GRESB Investor Member, you have access to a full range of data and analytics that can unlock a new level of insights into your investments.
Cover image

Benchmark Report

Gain a detailed comparison of your investment’s sustainability performance against peers, helping you identify strengths, areas for improvement, and manage risks. Use it to enhance decision-making and improve long-term returns./files/ZaO4WiQeqtogs0HLvfqF

Portfolio Analysis Tool

Benchmark the sustainability performance of your portfolios, providing insights into environmental impact, strategy alignment, and overall efficiency. By comparing portfolios against custom benchmarks, you can identify top performers, address under-performers, and enhance sustainability reporting and stakeholder communication./files/lRNQIgpwsPZ0XjLJnYe5

Data Exporter

Easily export data from GRESB Assessments in .csv or .xlsx formats for custom analysis and modeling. Access specific data points, filter by variables, and perform time-series analysis to gain deeper insights into your sustainability performance./files/bAiTRlo2uByIdTq58qAq

Carbon Footprint Dashboard

Gain a clear view of your GRESB real estate portfolio’s energy use and greenhouse gas emissions. Understand its environmental impact and discover insights to guide smarter decisions for your investments and the planet./files/dKJXZiZ0Psn3btuFcA4h
*** ## GRESB Assessment Timeline When is the best time to engage with your managers? Real estate and infrastructure managers, companies, and asset owners and operators submit their assessment data to GRESB on an annual basis. The GRESB Assessments open in April and submissions are accepted until the end of June, with preliminary and final results made available in September and October, respectively. See all of the key dates [here](https://www.gresb.com/key-dates-gresb-assessments-timeline/). * **1 April - 1 July:** GRESB Portal opens for the 2026 GRESB Assessments * **July - August:** GRESB's validation, scoring and benchmarking * **1 September:** Launch of 2026 GRESB Assessment *preliminary* results for Participants only * **1 - 15 September:**[ Assessment Correction](https://www.gresb.com/assessment-correction/) * **1 October:** Launch of 2026 GRESB Assessment *official* results for Participants and Investors. * **October - December**: Public events ## Frequently Asked Questions ### Real Estate FAQ
Can I add or remove users myself? Please reach out to us at .
What entities can I access in the Portal? And what is request access? This depends on the type of subscription you have. When signing up for the GRESB Investor Membership, you may purchase the following subscriptions: * Real Estate | Listed * Real Estate | Non-listed * Infrastructure | Listed * Infrastructure | Non-listed With a listed subscription, you will, by default, have access to all Benchmark Reports of listed entities. No request access is needed. As for non-listed subscriptions, it is necessary to request access to participants’ Benchmark Reports in the Portal. Simply tick the check-box next to 'Benchmark Report'.
You may also leave a message when making the request.
You can always cancel your request under the tab ‘Pending Access Requests’ if it is no longer needed.
Once the entities grant you access, you will be able to access the reports under the tab 'Accessible Reports' by clicking on the 'View' button.
The entities I requested access to haven’t responded to my request. What should I do? The entities will be notified by email once the request has been made. Our system generates a reminder email every two weeks when the entity has neither granted nor declined access on the Portal. If the request is time-sensitive, we would suggest reaching out to the entity outside the Portal and asking them to respond to your request on the GRESB Portal.
What is the Grace Period? First-year participants can opt out of allowing GRESB Investors Members, or Fund Managers in the case of the Infrastructure Asset Assessment, to request access to their data and GRESB results. This is referred to as a [Grace Period](https://guides.gresb.com/completingassessments/prepare/basics/data-sharing-and-confidentiality#can-i-hide-my-gresb-results-grace-period). The Grace Period allows participants a year to familiarize themselves with the GRESB reporting and assessment process. The names of participating entities are still visible during the Grace Period, but GRESB Investor Members, and fund managers in the case of the Infrastructure Asset Assessment, will **not** be able to request to see their results.
How can my manager opt out of the Grace Period? Please note that once the Grace Period is opted out, it cannot be opted in again, even within the same Assessment year. It also cannot be applied in the following Assessment year as it is only for first-year participants. Your manager can follow the steps below to opt out of the Grace Period.
What is customized peer group? The Customized Peer Group feature allows participants to review their predefined peer group, as allocated by GRESB, and, if relevant, create a customized peer group based on self-selected criteria (e.g., location, sector, fund size). Participants who opt for this functionality will receive two peer group ranking on the Benchmark Report – a pre-defined one and customized one. Neither one of the peer groups influences the GRESB Score nor GRESB Star Rating. For more information, see [here](https://guides.gresb.com/completingassessments/data/results-insights/benchmark-report/customized-peer-group).
What kind of asset-level data do I have access to? Please note that asset-level data of listed entities will **not** be shared under any circumstances due to legal reasons. This means that only the asset-level data of non-listed entities can be accessed once Benchmark Report access is granted and only if the entity has chosen to share it. You are able to access Asset Analytics of a respective entity in the drop-down menu under the tab ‘Accessible Report’.
Within Asset Analytics, you will be able to view the following per performance category (energy, GHG, water and waste) on the Portal: Each category commonly has the following: * Asset ID * Asset name * Property type * Size (sq. ft./m2) * Country **Energy**: * Consumption (kWh): Absolute consumption during the reporting year * Data coverage (% floor area): Percentage of floor area for which consumption data is available * Intensity (kWh/sq. ft.//m2): Consumption per unit floor area * Like-For-Like Consumption change (%): * Percentage change in consumption from last year to current year **GHG**: * Consumption (ton): Absolute emissions during the reporting year * Data coverage (% floor area): Percentage of floor area for which emissions data is available * Intensity (kg/sq. ft.//m2): Emissions per unit floor area * Like-For-Like Consumption change (%): Percentage change in emissions from last year to current year **Water**: * Consumption (kWh): Absolute consumption during the reporting year * Data coverage (% floor area): Percentage of floor area for which consumption data is available * Intensity (liter/sq. ft.//m2): Consumption per unit floor area * Like-For-Like Consumption change (%): Percentage change in consumption from last year to current year **Waste**: * Consumption (ton): Absolute total waste during the reporting year * Data coverage (% floor area): Percentage of floor area for which waste data is available * Intensity (kWh/sq. ft.//m2): Total waste per unit floor area * Diverted from landfill/incineration (%): Percentage of waste diverted from landfill/incineration
The following will also be available if the data is downloaded in CSV format: * Asset status (standing investment, major renovation, or new construction) * Vacancy rate * Whether outliers exist and if so, what type of outliers (refer to this page for more information)
Why can’t I see asset-level data of the non-listed entities I have access to? While you can request access to the entities’ Benchmark Reports, access to Asset Analytics can only be enabled by the entity on the Portal. Once the entities choose to share their asset-level data and you also have access to their Benchmark Report, you will be able to access Asset Analytics.
How can I ask my managers to enable access to asset-level data? Managers can follow the steps below to share their asset-level data with Investors: **Step 1**\ Please head to the Assessment Portal and click on the entity concerned.
**Step 2**\ Go to ‘More’, then ‘Response Settings’.\ Please note that sharing of asset-level data must be enabled year by year. If the entity would like to share asset-level data from previous reporting years, please change the year in question in the top left-hand corner.
**Step 3**\ Select ‘Yes’ under ‘Share asset data with investors (for non-listed entities only)’ and save the preference by clicking ‘Update settings’ at the bottom.
What are the differences between the Data Exporter, Portfolio Analysis Tool, and Carbon Footprint Dashboard? The [Data Exporter](https://guides.gresb.com/completingassessments/data/analysis/data-exporter) allows users to download all the reported data points in the Assessment per accessible entity in bulk. You can find the right variables for your analyses with our search and filter functions. If you would like to compare the aggregated performance of your portfolio against a benchmark of your choice, the [Portfolio Analysis Tool](https://guides.gresb.com/completingassessments/data/analysis/portfolio-analysis-tool) is the ideal tool to do so. Users can define the benchmark based on different criteria drawn from our entire participant universe for a useful analysis. For example, if you want to benchmark your portfolio against all European industrial entities, it is possible to do so. The [Carbon Footprint Dashboard](https://guides.gresb.com/completingassessments/data/analysis/carbon-footprint-dashboard) empowers real estate Investor Members to explore and better understand the energy consumption and greenhouse gas (GHG) emissions of their GRESB Real Estate portfolios. We utilize the [GRESB Estimation Model](https://guides.gresb.com/completingassessments/data/asset-analysis/gresb-estimation-model) to fill in data gaps if needed. The GEM leverages more than 170,000 assets in our global database to generate a highly representative estimation for energy consumption data.
I would like to see if an entity has net-zero targets and any related data. Where can I access this data? You may use the **Data Exporter** to download the relevant data to facilitate your own analyses. After clicking on *‘Create a new data export’* and choosing *'GRESB Real Estate Assessment'*, select the desired variables by using our search function. By using the search function, the scope will be narrowed down from thousands of variables to only a hundred, and you will be able to see the relevant variables with descriptions. The system by default selects the latest two Assessment years and you may change it accordingly.
You can check the box in the top row to select all the relevant variables or select them individually. After you choose the desired format and accept the Terms & Conditions, the file will be generated.
Below is an example of how the export will be displayed in an Excel format. * Each row represents the entity you have access to * Each column contains the desired variables
What is the granularity of GRESB data on Data Exporter? On the **Data Exporter,** data related to the indicators within the Management and Development Component are assessed and available at the entity-level. **Example indicators** * *Management Component: PO1* – Does the entity have a policy/policies on environmental issues? * *Development Component: DMA2* – Does the entity measure the embodied carbon emissions of its development projects? Performance Component indicators (e.g., EN1, Energy Consumption) are available at a more granular level. In the meantime, if you would like to see the following aggregated data, you may refer to the ‘Portfolio Impact’ section of the Benchmark Report. * **Energy (EN1)**: Absolute consumption, data coverage, amount of renewable energy, like-for-like change & impact, and portfolio improvement targets * **GHG (GH1)**: Absolute emissions, date coverage, quantity of GHG offsets, like-for-like change & impact, and portfolio improvement targets * **Water (WT1)**: Absolute consumption, data coverage, amount of water reuse, like-for-like change & impact and portfolio improvement targets * **Waste (WS1)**: Absolute amount, data coverage, amount of diverted waste, and portfolio improvement targets Please refer to the [Real Estate Assessment completion instructions](https://guides.gresb.com/completingassessments/2026-real-estate-assessment/re) for an overview of indicators and their contents.
I would like to compare my portfolio of German funds (which all consist of operational assets) to all European funds. How can I do this? You can use the **Portfolio Analysis Tool** to make such an analysis. Name your analysis and click *‘Create’*. Select the appropriate benchmark. The Real Estate Assessment generates two Benchmarks: (1) Standing Investment Benchmark (entities completing Management and Performance Component); (2) Development Benchmark (entities completing Management and Development Benchmark). GRESB does not require entities to submit to certain Components. **Real Estate** * **Management Component** – measures the entity’s strategy and leadership, management, policies and processes, risk management, and stakeholder engagement approach, composed of information collected at the entity level. * **Performance Component** – measures the entity’s asset portfolio performance, composed of information collected at the asset level. It is suitable for any real estate company or fund with operational assets. * **Development Component** – measures the entity’s efforts to address sustainability issues during the design, construction, and renovation of buildings. This component is suitable for entities involved in new construction (building design, site selection and/or construction) and/or major renovation projects, with ongoing projects or completed projects during the reporting year. GRESB does not require participation in any of the Assessment Components. However, if the entity has both standing investments and development projects, and it considers itself both an operator of buildings and involved in development activities, it is highly recommended to participate in both benchmarks. As a result, participants will receive two GRESB Scores, two Benchmark Reports, two pre-defined peer groups, etc. capturing how the entities approach their respective activities in both benchmarks. In this example question, since the German entities under your portfolio only have operational assets, they would only be part of the Standing Investment Benchmark and thus you should choose *‘Management and Performance Component’.* There are 1923 entities available, which means there were 1923 entities within the Standing Investment Benchmark in the GRESB universe.
You can directly select the German entities using the search function, or you can filter the results to find them. Note that the display only shows the entities that you have access to.
After applying the filter, you can see that the list of relevant entities is narrowed down. Then, please select the relevant entities to compose your portfolio by checking the boxes next to the entities. Now, you must assign a weight for the analysis. Different weighting options have the following impact on the aggregation: * **GAV weighted:**\ Scores and other percentage metrics (e.g. Data Coverage, etc) are aggregated as the weighted average of the individual metrics of the Portfolio’s constituents, using their GAV as a weighting factor. Absolute performance metrics (e.g. Energy Consumption, GHG Emissions, etc) are aggregated as the sum of all constituents in the Portfolio. * **Equally weighted:**\ This option only applies to Scores. Each entity’s score carries the same weight in the aggregated Portfolio Score. If this option is selected, the performance metrics of the analysis (i.e. the Portfolio Impact section) will not be displayed. * **Custom weighted:**\ The values of the percentage custom weights will be divided by the GAV of the respective entity (expressed in USD) to determine the Weight used in the aggregation of absolute performance metrics in the Portfolio Impact section (e.g. total energy consumption, total GHG emissions of the Portfolio). The scores and other performance metrics, such as data coverage, are aggregated using a weighted average of the assigned Weights. Note that if the custom weight is selected, it is mandatory to put down the entity’s ownership (%). Click *‘Next Step’* to proceed after confirming the selection and the total weights.
When defining the Benchmark, there are different criteria available. In this example, you should choose all of ‘Europe’ under the ‘Location’ criteria. It shows that your portfolio will be benchmarked against 944 entities that are within this Standing Investment Benchmark and Europe. Click ‘Next Step’ to generate the analysis.
Finally, you will be able to see the analysis as below. Note that the screenshot below only shows the top part of a regular Portfolio Analysis report. Scroll down in your own report for more granular insights.
I would like to calculate my financed emissions of real estate funds for my own reporting. What should I do? This data is available in the **Carbon Footprint Dashboard** for GRESB **Real Estate** Investor Members. After clicking the Carbon Footprint Dashboard on the navigation bar, first, please choose the preferred unit – either m2 or ft2. Then, select entities to compose your portfolio. Note that at least two entities have to be selected. It is also mandatory to enter the entity ownership in percentage in order to calculate the share of financed emissions.
You will also have an overview of the selection and can remove some of them in the tab ‘Selected entities’.
In case you have access to a considerable number of entities, you may wish to use the filter to search for the relevant entities. It is possible to filter by locations, property types, legal status and investment strategy.
Finally, please click ‘Generate Dashboard’.
\ You will be able to see the energy consumption and GHG emissions by changing the tabs. Users can also view it in portfolio or entity view. When scrolling down, the Carbon Footprint Dashboard offers breakdowns by country and property sector. The GHG tab is similar to the Energy tab except there is an option to choose between market-based or location-based and it provides a breakdown of emissions by Scope.
Users can also download the data in Excel format and convert the charts to PDF.
### Infrastructure FAQ
Can I add or remove users myself? Please reach out to us at .
What entities can I access in the Portal? This depends on the type of subscription you have. When signing up for the GRESB Investor Membership, you may purchase the following subscriptions: * Real Estate | Listed * Real Estate | Non-listed * Infrastructure | Listed * Infrastructure | Non-listed With a listed subscription, you will, by default, have access to all Benchmark Reports of listed entities. No request access is needed. As for non-listed subscriptions, it is necessary to request access to participants’ Benchmark Reports in the Portal. As for non-listed subscriptions, you can request access to participants’ Benchmark Reports in the Portal. Simply tick the check-box next to 'Benchmark Report'.
You may also leave a message when making the request.
You can always cancel your request under the tab ‘Pending Access Requests’ if it is no longer needed.
Once the entities grant you access, you will be able to access the reports under the tab 'Accessible Reports' by clicking on the 'View' button.
The entities I requested access to haven’t responded to my request. What should I do? The entities will be notified by email once the request has been made. Our system generates a reminder email every two weeks when the entity has neither granted nor declined access on the Portal. If the request is time-sensitive, we would suggest reaching out to the entity outside the Portal and asking them to respond to your request on the GRESB Portal.
What is the Grace Period? First-year participants can opt out of allowing GRESB Investors Members, or Fund Managers in the case of the Infrastructure Asset Assessment, to request access to their data and GRESB results. This is referred to as a [Grace Period](https://guides.gresb.com/fund/prepare/data-sharing-and-confidentiality#can-i-hide-my-gresb-results-grace-period). The Grace Period allows participants a year to familiarize themselves with the GRESB reporting and assessment process. The names of participating entities are still visible during the Grace Period, but GRESB Investor Members, and fund managers in the case of the Infrastructure Asset Assessment, will **not** be able to request to see their results.
How can my manager opt out of the Grace Period? Please note that once the Grace Period is opted out, it cannot be opted in again, even within the same Assessment year. It also cannot be applied in the following Assessment year, as it is only for first-year participants. Your manager can follow the steps below to opt out of the Grace Period.
What are the differences between Infrastructure Fund Assessment, Infrastructure Asset Assessment, and Infrastructure Development Asset Assessment? The [**Infrastructure Fund Assessment**](https://www.gresb.com/infrastructure-fund-assessment/) provides the basis for systematic reporting, objective results, and peer benchmarking of the sustainability management and performance of infrastructure funds around the world. It includes a Management Component, which is aligned with the Management Component in the Infrastructure Asset Assessment. The other component is the Performance Component. A fund’s underlying assets may participate in a complementary Infrastructure Asset Assessment, with these results informing the fund’s Performance Component Score. While the participation of underlying assets is not required, only funds with at least 25% of assets participating will receive an overall GRESB Score and be allocated to a corresponding peer group. For the [**Infrastructure Asset Assessment**](https://www.gresb.com/infrastructure-asset-assessment/), both single and multi-asset operators can participate. It is structured into separate Management and Performance Components. The [**Infrastructure Development Asset Assessment**](https://www.gresb.com/infrastructure-development-asset-assessment/) focuses on greenfield development and pre-operational assets. It is a single assessment, with a number of indicators dedicated to sustainability management practices and performance. The diagram below shows how the different types of Infrastructure Assessments interact with each other:
What are the differences between the Data Exporter and Portfolio Analysis Tool? The [Data Exporter](https://guides.gresb.com/completing-gresb-assessments/data/data-exporter) allows users to download all the reported data points in the Assessment per accessible entity in bulk. You can find the right variables for your analyses with our search and filter functions. If you would like to compare the aggregated performance of your portfolio against a benchmark of your choice, the [Portfolio Analysis Too](https://guides.gresb.com/completing-gresb-assessments/data/portfolio-analysis-tool)l is the ideal tool to do so. Users can define the benchmark based on different criteria drawn from our entire participant universe for a useful analysis. For example, if you want to benchmark your portfolio against all European industrial entities, it is possible to do so.
I would like to see if a fund has net-zero targets and any related data. Where can I access this data? You may use the **Data Exporter** to download the relevant data to facilitate your own analyses. After clicking on *‘Create a new data export’* and choosing *‘GRESB Infrastructure Fund Assessment’*, you can select the desired variables with our search function. By using the search function, the scope will be narrowed down from thousands of variables to only a hundred, and you will be able to see the relevant variables with descriptions. The system by default selects the latest two Assessment years and you may change it accordingly.
You can check the box in the top row to select all the relevant variables or select them individually. After you choose the desired format and accept the Terms & Conditions, the file will be generated.
Below is an example of how the export will be displayed in an Excel format. * Each row represents the entity you have access to * Each column contains the desired variables
I would like to see GHG emissions intensity per assets that reported to GRESB. What should I do? You may use the **Data Exporter** to download the relevant data to facilitate your own analyses. Similar to the last example, please choose *‘GRESB Infrastructure Asset Assessment’* instead.
Then, with the help of the search function, you may select from the following variables related to GHG emissions intensity.
Please note that by ‘current year’, we are referring to the reporting year which is always one year prior. So for the 2027 Assessment, the reporting year is 2026, either fiscal or calendar year. Entities can choose either one of them.
I would like to compare my portfolio of European renewable power funds that have assets reported to GRESB to all the European renewable energy funds. How can I do this? You can use the **Portfolio Analysis Tool** to make such an analysis. Choose *‘Fund’*, name your analysis and click *‘Create’.*
Since you would like to see the performance of the funds that have assets reported to GRESB as well, please select *‘Management and Performance Components’.*
You can directly select the European renewable power funds using the search function, or you can filter the results to find them. Note that the display only shows the entities that you have access to.
After applying the filter, you can see that the list of relevant entities is narrowed down. Then, please select the relevant entities to compose your portfolio by checking the boxes next to the entities. Now, you must assign a weight for the analysis. Different weighting options have the following impact on the aggregation: * **GAV weighted:** Scores and other percentage metrics (e.g. Data Coverage, etc.) are aggregated as the weighted average of the individual metrics of the Portfolio’s constituents, using their GAV as weighting factor.Absolute performance metrics (e.g. Energy Consumption, GHG Emissions, etc.) are aggregated as the sum of all constituents in the Portfolio. * **Equally weighted:** This option only applies to Scores. Each entity’s score carries the same weight in the aggregated Portfolio Score. If this option is selected, the performance metrics of the analysis (i.e. the Portfolio Impact section) will not be displayed. * **Custom weighted:** The values of the percentage custom weights will be divided by the GAV of the respective entity (expressed in USD) to determine the Weight used in the aggregation of absolute performance metrics in the Portfolio Impact section (e.g. total energy consumption, total GHG emissions of the Portfolio). The scores and other performance metrics, such as data coverage, are aggregated using a weighted average of the assigned Weights. Note that if custom weighted is selected, it is mandatory to put down the entity’s ownership (%). Click *‘Next Step’* to proceed after confirming the selection and the total weights.
When defining the Benchmark, there are different criteria available. In this example, you should choose all of ‘Europe’ and ‘Renewable Power’ under the ‘Location’ and ‘Sectors’ criteria respectively. It shows that your portfolio of 4 funds will be benchmarked against 16 entities in this Benchmark. Click *‘Next Step’* to generate the analysis.
Finally, you will be able to see the analysis as below. Note that the screenshot below only shows the top part of a regular Portfolio Analysis report. Scroll down in your own report for more granular insights.
--- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://guides.gresb.com/investor-members/guidance-for-investor-members.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.