# LLE3: Sustainability Action

<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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**Does the lender take specific steps to achieve the sustainability objectives reported in LLE2?**

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## Assessment Instructions

<details>

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

Indicate actions that participant takes to achieve sustainability objectives in LLE2. Participants must select actions that were in-place during the reporting period. Additional context on implementation and tracking actions must be included.

</details>

<details>

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

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

**Open text box:** Description provided should fully support each checkbox selected, along with the following elements:

1. Describe the connection between objectives and selected actions.
2. Describe the on-going monitoring process to track implementation.

State actions that participant takes to achieve sustainability objectives. These actions must be related to commercial real estate lending.

### Terminology

**Asset-level consumption data**

> Information regarding energy/water/waste use intensities and overall efficiency of an asset.

**External sustainability standard**

> Refers to third party guidance/standards that focuses on sustainability integration/management.

**Financing for property improvements**

> Refers to dedicated financing for borrower activities to alter/improve existing buildings. May include major renovation and retrofit.

**Impact analysis of new construction/major renovation**

> Process of identifying the potential consequence of new development and/or alterations to existing asset that affects more than 50 percent of the building floor area.

**Standalone sustainable lending policy**

> Policy or guidance document that outlines real estate lending criteria and includes sustainability-related metrics/factors.

**Sustainability commitment**

> Long and/or short term aims connected to specific metrics/impacts made by the lender.

**Sustainability profile**

> A report/scorecard that includes information about economic, environmental and governance performance and commitments of the borrower.

</details>

<details>

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

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

#### **Other Answer**

State the action that participant takes to achieve sustainability objectives in LLE2. Ensure that the other answer provided is not a duplicate of a selected option above. It is possible to report multiple other answers. If multiple other answers are acceptable, only one will be counted towards scoring.

<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     |

**Open text box:** The open text box is not scored and is for reporting purposes only.

<a href="/spaces/31ovOsfsdlwYDiJclXFF/pages/icQ0DHRq3V3IjuzyusHb" class="button primary" data-icon="hundred-points">Scoring Basics</a>

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