Tishman Speyer Earns Six 5-Star Rating From the Global Real Estate Sustainability Benchmark (GRESB)
Tishman Speyer has announced that six of its submissions to the Global Real Estate Sustainability Benchmark (GRESB) earned the organization's coveted 5-Star ratings for 2022.
With six U.S. and European Tishman Speyer portfolios ranked in the top 20 percent of this year's GRESB benchmark and receiving 5-star ratings, this represents Tishman Speyer's most successful year ever for GRESB ratings.
Each year, GRESB assesses and benchmarks the ESG performance of assets worldwide. These assessments are guided by material issues in the sustainability performance of asset investments and are aligned with international reporting frameworks, goals and emerging regulations. The GRESB ESG Benchmark grew this year to cover more than USD 8.6 trillion of assets under management, up from USD 6.4 trillion the year before.
"We are thrilled by these results and GRESB's recognition, which exemplifies our commitment to embedding sustainability throughout all aspects of our properties' lifecycle," said Tishman Speyer's Julie Lurie, Senior Managing Director and Chair of the global ESG Committee. "Our continued focus on ESG is essential for the future performance of our properties and the well-being of our broader communities."
Tishman Speyer's Jonathan Flaherty, Managing Director, Global Head of Sustainability and Building Technologies also commented, "As a vertically integrated firm, Tishman Speyer is able to ensure its assets are built and operated to the highest ESG standards. These remarkable ratings are the direct result of active management by our global teams, who are driven by their passion for making a positive impact and building inclusive communities around the globe."
To learn more about Tishman Speyer's global commitment to environmental, social and governance, please click here for its newly-released ESG Report.