RP2.1: ESG Incident Monitoring – Above Green

Intent

This indicator intends to identify whether the reporting entity has a defined process in place to communicate any ESG-related misconducts to its stakeholders if the entity has incurred any environment, social or governance fines and/or penalties at its investment properties or elsewhere.

Requirements

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

Does the entity have a process to monitor ESG-related controversies, misconduct, penalties, incidents, accidents, or breaches against the codes of conduct/ethics?

Yes
- The process includes external communication of controversies, misconduct, penalties, incidents or accidents to:
  - Clients/Customers
  - Community/Public
  - Contractors
  - Employees
  - Investors/Shareholders
  - Regulators/Government
  - Special interest groups (NGOs, Trade Unions, etc.)
  - Suppliers
  - Other stakeholders: ____________
- Describe the process (maximum 250 words): ____________
No

Note: The information in RP2.1 and RP2.2 may be used as criteria for the recognition of 2020 Sector Leaders.

Open text box: The content of this open text box is not used for scoring, but will be included in the Benchmark Report. Participants should use this open text box to communicate on the process the reporting entity intends to follow in order to communicate any ESG-related misconducts to its stakeholders.

Other: State the other stakeholder groups. Ensure that the other answer provided is not a duplicate of a selected option above. It is possible to add multiple other answers.

Validation

This indicator is not subject to automatic or manual validation.

See Appendix 2a for additional information about GRESB Validation.

Scoring

Not scored, G

This indicator is not scored and is used for reporting purposes only.

*The information in RP2.1 and RP2.2 may be used as criteria for the recognition of 2020 Sector Leaders.

Terminology

Accident: An unplanned, undesired event that results in damage or injury.

Community/public: Persons or groups of people living and/or working in any areas that are economically, socially or environmentally impacted (positively or negatively) by the entity’s operations.

Contractors: Organizations or persons working on-site or off-site on behalf of an entity with a relationship determined by a contract. A contractor may hire their own staff directly or hire sub-contractors or independent contractors.

Controversy: A prolonged public disagreement or heated discussion.

Employee(s): The entity’s employees whose primary responsibilities include the operation or support of the entity.

ESG fines and/or penalties: Sanctions resulting from an illegal act or non-compliant behavior, which directly harms the environment and/or stakeholders of the entity.

Incident: An unplanned, undesired event with actual or potential adverse impacts.

Investors/shareholders: The entity’s current investors and/or equity stake owners in the entity.

Misconduct: Unethical behavior, and more specifically, poor stewardship of environmental, social or governance issues, which may or may not result in legal action.

Penalty: A punishment imposed for breaking a law, rule, or contract.

Suppliers: Organizations or persons that provide a product or service used in the supply chain.

References

GRI Sustainability Reporting Standards, 2016: 102-17, Mechanisms for advice and concerns about ethics

CDP Reporting Guidelines, Compliance

RobecoSAM Corporate Sustainability Assessment, 2017: 3.3.6, Report on breaches