# LBR2: Sustainability-Related Third-Party Report

<table data-column-title-hidden data-view="cards" data-full-width="false"><thead><tr><th></th><th></th><th></th><th data-hidden data-card-cover data-type="image">Cover image</th></tr></thead><tbody><tr><td><i class="fa-bullseye">:bullseye:</i> Maximum Score</td><td><strong>3 points</strong></td><td></td><td></td></tr><tr><td><i class="fa-pen-to-square">:pen-to-square:</i> Prefill</td><td><i class="fa-check">:check:</i> <strong>Eligible</strong></td><td></td><td></td></tr><tr><td><i class="fa-shield-check">:shield-check:</i> Validation</td><td><strong>Other answer is manually validated</strong></td><td></td><td></td></tr></tbody></table>

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**As part of standard asset due diligence, does the lender evaluate third party provided reports?**

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## Assessment Instructions

<details>

<summary><strong>Intent</strong>: What is the purpose of this indicator?</summary>

Identify sustainability-related information included within the lender’s standard due diligence process. Please indicate which sustainability-related third-party reports are evaluated during due diligence.

</details>

<details>

<summary><strong>Input</strong>: How do I complete this indicator?</summary>

Select Yes or No. If Yes, please select all applicable checkboxes.

**Other:** Answers provided under 'Other' must be outside the options listed in the indicator to be valid. State the information from a third-party report used in the due diligence process.

### **Terminology**

**Appraisal or valuation report**

> Report provided by a third-party valuation expert for the subject property (or properties).

**Energy audit**

> A process for assessing existing energy consumption patterns and evaluating measures needed to increase energy efficiency.

**Environmental assessment (Phase I, ESA)**

> A report prepared by a qualified environmental engineer that identifies areas of environmental concern.

**Green building certificate**

> Recognition that a project has received a green building rating. A certificate indicates the name and location of the project, version of the rating system, date of certification, and level of recognition.

**Monitoring Surveyor report**

> Valuation of construction activity to facilitate the drawdown of funds which is issued within a written interim report.

**Property condition assessment (PCA)**

> A report prepared by an engineering firm identifying property items requiring immediate repair, and additional items requiring attention over the loan term.

**Resilience assessment**

> Assessing an asset’s ability to continue to function, or return to function, after disruption from catastrophic events or long-term change.

**Sustainability asset plan**

> A borrower’s long-term plan detailing how sustainability measures will be embedded into the property’s lifecycle.

**Waste audit**

> Report outlining issues associated with waste generation, reuse, recycling, composting, recovery, incineration, landfill and storage.

**Water audit**

> Report outlining water consumption, management and conservation issues.

</details>

<details>

<summary><strong>Validation</strong>: What evidence is required?</summary>

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

#### Other Answer

State which other reports are included in standard due diligence.

<a href="/pages/utxKQNLSUKyW8QMeUwEi" class="button primary" data-icon="shield">Validation Basics</a>

</details>

## Scoring

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<details>

<summary><strong>Scoring</strong>: How does GRESB score this indicator?</summary>

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:

| Validation status | Score |
| ----------------- | ----- |
| Accepted          | 1/1   |
| Not Accepted      | 0     |
| Duplicate         | 0     |

<a href="/pages/rseBFLKotMCNp5cMYQSL" class="button primary" data-icon="hundred-points">Scoring Basics</a>

</details>

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