LPO2: Sustainability-Related Requirements
Maximum Score
3 points
Prefill
Eligible
Validation
Other answer is manually validated
Does the document referenced in LPO1 include specific sustainability-related requirements?
Assessment Instructions
Intent: What is the purpose of this indicator?
Participants should select all sustainability-related requirements that are present in the commercial real estate lending policy/guidance document (see LPO1). Please elaborate on implementation actions.
Input: How do I complete this indicator?
Select Yes or No. If Yes, please select applicable checkboxes and complete the open text box.
This indicator contains four options to provide an answer. After selecting Yes, state the sustainability-related metrics included in the guidance document.
Under 'Asset-specific metrics' participants should specify which metrics are included in the document.
Under 'Project Scope' participants should specify real estate scope of the loan.
Under 'Property type' participants should specify the applicable property type.
If there any location considerations, the participant should select the 'Regional/location considerations' checkbox.
Open text box: Description provided should fully support each checkbox selected, along with the following elements:
Describe practical application/use of the guidance document;
Elaborate on how guidance components are related to sustainability objectives in real estate lending.
Other: Answers provided under 'Other' must be outside the options listed in the indicator to be valid.
Terminology
Energy consumption
The use of energy by the asset.
Energy Rating
A scheme that measures the energy efficiency performance of buildings.
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.
Industrial
Includes distribution warehouses, flex, manufacturing and self-storage.
Major Renovations
Alterations that affect more than 50 percent of the total building floor area or cause relocation of more than 50 percent of regular building occupants. Major renovation projects refer to buildings that were under construction at any time during the reporting year.
New construction
Includes all borrower activities to obtain or change building or land use permissions and financing.
Office
Includes free-standing office, office terrace, unattributed office buildings, office parks, and medical offices.
Refurbishment
Renovation or redecoration works undertaken by a landlord or tenant.
Residential
Refers to buildings with at least five residential units including apartments and student housing.
Waste diversion
Actions that focus on diverting wastes from landfills. This may include actions to decrease waste reduction at the source and recycling and reusing materials that are non-biodegradable.
Water consumption
The use of water resources by the asset.
Validation: What evidence is required?
No evidence required. Only the 'Other' answer is manually validated.
Other Answer
State the specific sustainability-related metric/aspect which is included in the guidance document. Ensure that the other answers provided are not a duplicate of a selected option above. The 'Other' answers are manually validated.
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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