This webinar provides an overview of the 2014 GRESB Survey, the Survey Portal, and the submission process. This slidedeck is also available as a webinar: http://vimeo.com/92213288

1. GRESB 2014 Survey
Webinar, April 15, 2014
Elsbeth Quispel, Head of Sustainability

2. Webinar Topics
! About GRESB
! 2014 Planning
! About the 2014 Survey
! Reporting Scope and Boundaries
! Scoring and Methodology
! 2014 Data Validation Process
! GRESB Portal – Survey submission management
! GRESB Portal – Survey and question structure
! Innovation question
! Support
! Disclosure of GRESB results

3. About GRESB
! GRESB complements asset-level certification schemes by
focusing on property companies and funds
! The standard is actively used by institutional investors, managing
USD 6.1 trillion in assets, with a clear goal to optimize the risk/
return profile of their investments
! In 2013, 550 property companies and funds participated in the
annual GRESB Survey, managing USD 1.6 trillion in value
! The GRESB database currently covers 49,000 assets in 46
countries
The global standard to assess the sustainability performance of real estate portfolios

4. 2014 Planning
GRESB Survey timeline 2014
! April 1: Survey opened
! Guidance documents and helpdesk available
! Response Check upon completion of all sections
! Confirm data accuracy before submission
! May 15: Validation process starts
! July 1: Survey closes (fixed deadline)
! September 4: Survey results and Results events
! October 1: Consultation Period starts

5. About the 2014 Survey
Survey forms basis for GRESB Benchmark
! GRESB collects information regarding sustainability performance of
property companies and funds
! Online Survey: 42 questions (+ 14 questions on New Construction &
Major renovation activities)
! Topics include: sustainability risk assessments, improvement programs,
performance indicators, and stakeholder engagement
! Survey is aligned with GRI (CRESS), DJSI and PRI frameworks
! Survey builds on framework of previous Surveys, but has been updated
and refined based on feedback 2013 Consultation Period

6. Reporting Scope and Boundaries
Includes whole portfolio, independent of lease structure
! Whole portfolio reporting, including both managed and indirectly
managed assets
! Managed versus indirectly managed assets:
! Definition is based on lease structure, but in both cases assets
should be included
! Separate sections in Performance Indicators tables
! GRESB intents to create peer group(s) comprising of Indirectly
Managed Assets
! Joint ventures: all involved parties with a stake larger or equal to
25%, should report on the whole asset or all applicable assets
! If stake is smaller than 25%, reporting is optional

7. Scoring and Methodology
Transparency in scoring includes: score per question, importance of answers
! The Guidance document states the
maximum score awarded per
question and the importance of each
Aspect
! Points are awarded cumulatively for
each individual answer within a
question and Guidance document
states importance of each answer
! New Construction & Major
Renovations (NC & MR):
! 1. NC & MR only: score is based on
this Aspect, as well as on selected
questions from the other Aspects
! 2. Also standing investments: score
is stand-alone and does not count
towards total GRESB Score

8. Scoring and Methodology
Transparency in scoring includes: score per question, importance of answers
! The Guidance document states the
maximum score awarded per
question and the importance of each
Aspect
! Points are awarded cumulatively for
each individual answer within a
question and Guidance document
states importance of each answer
! New Construction & Major
Renovations (NC & MR):
! 1. NC & MR only: score is based on
this Aspect, as well as on selected
questions from the other Aspects
! 2. Also standing investments: score
is stand-alone and does not count
towards total GRESB Score

9. 2014 Data Validation Process
Three-layer validation process helps to ensure accurate data
! Extended validation process to be introduced in phases over a two-year
period (2014-2016)
! What data does GRESB validate?
! Key topics
! Third-party review topics
! Umbrella topics
! GRESB checks selected key data points including:
! Content quality of answers to open text boxes
! Additional information provided (open fields)
! Uploads
! Automated outlier and consistency checks of performance data
! Whose data does GRESB validate?
! All Participants Checks (100%)
! Validation Plus (10-15%)
! Site Visits (1-2%)

10. GRESB PORTAL
Survey submission management

26. GRESB PORTAL
Survey and question structure

43. GRESB SURVEY
Other

46. GRESB Support
Send us an email with technical or content questions
! Helpdesk: survey@gresb.com
! Support via Associate Members
! Response check: high-level check prior to submission. Fee for non-
members is 500 euro (exclusive of VAT). Deadline June 15
! GRESB results: September 04, 2014

47. Disclosure of GRESB results
Scorecard
o Highlights the key
results of a company
or fund’s
sustainability
performance
Benchmark Report
o Deeper analysis of a
company or fund’s
sustainability
performance
Member Portal
o Exclusively for GRESB
Members: ability to
construct tailored
Portfolio Analysis
Reports

48. Questions & Comments
?
e.quispel@gresb.com
gresb.com