LE3: Individual Responsible for ESG

Intent

This indicator identifies resources allocated to ESG management. Having personnel dedicated to ESG issues increases the likelihood that the entity’s ESG objectives will be properly managed and targets will be met.

Requirements

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

Does the entity have one or more persons responsible for implementing ESG objectives?

• Yes
  • Select the persons responsible (multiple answers possible)
    • Dedicated employee(s) for whom ESG is the core responsibility
      • Provide the details for the most senior of these employees
        • Name: ____________
        • Job title: ____________
    • Employee(s) for whom ESG is among their responsibilities
      • Provide the details for the most senior of these employees
        • Name: ____________
        • Job title: ____________
    • External consultants/manager
      • Name of main contact: ____________
      • Job title: ____________
    • Investment partners (co-investors/JV partners)
      • Name of main contact: ____________
      • Job title: ____________
• No

Details of persons responsible: Participants must provide the name and job title of the relevant person. This information will be used for reporting purposes only.

Validation

This indicator is not subject to automatic or manual validation.

See Appendix 2a for additional information about GRESB Validation.

Scoring

2 points, G

Scoring is based on the number of selected options. It is not necessary to select all options to achieve the maximum score.

See the Scoring Document for additional information on scoring.

Terminology

Dedicated employee(s) for whom ESG is the core responsibility: The employee(s)’ main responsibility is defining, implementing and monitoring the ESG objectives at entity level.

Employee(s) for whom ESG is among their responsibilities: The implementation and monitoring of ESG is part of the employee’s role, but is not necessarily their main responsibility.

ESG objectives: Strategic priorities and key topics for the management and/or improvement of ESG issues.

External consultants/manager: Organizations or persons to which participants outsource some or all of their ESG strategy and/or implementation.

Investment partners (co-investor/JV partners): A General Partner that co-owns and operates (part of) the entity’s assets and is responsible for implementing ESG objectives at a property level.

Persons responsible: A person or group of people who work on the implementation and completion of the task, project, or strategy.

References

GRI Sustainability Reporting Standards (2016): 102-20

Recommendations of the Task Force on Climate-Related Financial Disclosures June 2017: Governance A&B

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