LBR2: Sustainability-Related Third-Party Report

bullseye Maximum Score

3 points

pen-to-square Prefill

check Eligible

shield-check Validation

Other answer is manually validated


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

Assessment Instructions

chevron-rightIntent: What is the purpose of this indicator?hashtag

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.

chevron-rightInput: How do I complete this indicator?hashtag

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.

chevron-rightValidation: What evidence is required?hashtag

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

Other Answer

State which other reports are included in standard due diligence.

shieldValidation Basics

Scoring

chevron-rightScoring: How does GRESB score this indicator?hashtag

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

hundred-pointsScoring Basics


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