LLE3: Sustainability Action
Maximum Score
3 points
Prefill
Eligible
Validation
Other answer is manually validated
Does the lender take specific steps to achieve the sustainability objectives reported in LLE2?
Assessment Instructions
Intent: What is the purpose of this indicator?
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.
Input: How do I complete this indicator?
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:
Describe the connection between objectives and selected actions.
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.
Validation: What evidence is required?
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.
Scoring
Scoring: How does GRESB score this indicator?
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.
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