(points determined by materiality)
Intent
The intent of this indicator is to assess the entity’s measurement of and target setting for energy performance. The use of energy is both a direct cost and a critical source of local, regional, and global environmental impacts.
Requirements
Select Yes or No: If selecting “Yes”, the entity must be actively tracking and reporting on all of the mandatory reporting metrics (indicated by the dark green cell outline).
Can the entity report on energy?
- Yes
- Has the entity imported or purchased energy?
- Yes
- No
- Yes
- Has the entity generated energy from fuels?
- Yes
- No
- Yes
- Has the entity generated energy from non-combustible sources?
- Yes
- No
- Yes
- Complete the table below for any energy consumption targets that apply
- Complete the table below for any energy intensity targets that apply
- External review - Has the data reported above been reviewed by an independent third party?
- Yes (provide evidence indicating where the relevant information can be found)
- Externally checked
- Externally verified - Using: [insert scheme name]
- Externally assured - Using: [insert scheme name]
- No
- Yes (provide evidence indicating where the relevant information can be found)
- EXCEPTIONS - Does the entity’s data reported above cover all, and only, the facilities (as reported in RC3) and activities (RC4) for the entire reporting year (EC4)? (for reporting purposes only)
- Yes
- No
-
Please indicate which facilities, activities and/or time periods are additional or excluded from the data reported above
________________________
-
- Has the entity imported or purchased energy?
- No
- Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
- Provide additional context for the answer provided (not validated, for reporting purposes only)
Changes: The indicator structure has changed to provide a clearer step-by-step reporting process. To this end, “Electricity” and “Steam, Heating and Cooling” have been split into renewable and non-renewable and “Total Renewable Energy Consumed” and “Total Non-Renewable Energy Consumed” are calculated automatically.
New metrics have also been added (“Biofuels”, “Waste (non-biomass)”, “Renewable Hydrogen”, “Non-renewable hydrogen”, “Geothermal”, “Hydro-electric”, “Solar”, “Wind”, “[enter “other renewable source”]”, “Nuclear”). The metric “Other fuels” has been changed to “[enter “other non-renewable fuel”]”.
Prefill: The cells in the column “Previous-year performance” have been prefilled with the 2019 Assessment response where metrics have remained the same. Data has not been prefilled for new metrics or metrics that have substantially changed relative to the 2019 Assessment.
Performance Tables
Imported/purchased energy, Energy generated from fuels, Energy generated from non-combustible sources, Energy exported/sold: Complete the tables as follows:
- Previous-year performance (2018): This column shows the reported performance for the previous year (2018). If a metric is new or has changed substantially compared to last year’s Assessment, or if there is no data available for the entity for the previous year, ‘N/A’ is shown. It is not possible to enter any data into this column.
- Reporting-year performance (2019): Enter data for the performance during the reporting year for each metric where available.
- Biofuels
- Renewable hydrogen
- Waste (non-biomass)
- Renewable electricity
- Renewable steam, heating and cooling
- Geothermal
- Hydro-electric
- Solar
- Wind
- It is mandatory to enter data for all metrics highlighted with a green border.
- ‘Zero’ is an acceptable answer if it is true and accurate. If the entity cannot provide all of the mandatory data then it must select “No” for the overall table.
- The metric “[Enter other…]” should only be completed when the metric is outside the options already listed in the table.
- Calculated total cells: Certain performance cells are automatically calculated based on inputs to other performance cells within the table or inputs to another indicator. Totals are the sum of all metrics in that table.
- % Renewable Energy: for some tables, percentage renewable energy is calculated. The fraction renewable energy is calculated by dividing the sum of the renewable metrics by the overall total for that table. Renewable metrics included in the calculation are:
- Reporting-year target (2019): Enter the targets that were applicable for the reporting year for each metric, where available.
- A target can be interpolated from a future-year target.
- A target (or the future-year target from which it is derived) must be formally adopted. This means that the entity must have set and communicated the target at least internally, and has implemented, or is preparing, actions to achieve the target.
- Future-year targets: Enter the relevant year for which the targets are set at the top of the column and enter the future-year targets for each metric where available.
- A target must be formally adopted.
- The target must be set for any future year that is not the reporting year.
Energy consumed: Complete the table as follows:
- Previous-year performance (2018): This column shows the reported performance for the previous year (2018). If a metric is new or has changed substantially compared to last year’s Assessment, or if there is no data available for the entity for the previous year, ‘N/A’ is shown. It is not possible to enter any data into this column.
- Reporting-year performance (2019): Data for reporting-year performance is calculated automatically based on the tables above. The calculations are:
- Total renewable energy consumed = Sum of renewable energy imported/purchased + Sum of renewable energy generated from non-combustible sources - Sum of renewable energy exported/sold
- Total non-renewable energy consumed = Sum non-renewable energy imported/purchased + Sum non-renewable energy generated from non-combustible sources - Sum non-renewable energy exported/sold
- Total energy consumed = Sum renewable energy consumed + Sum non-renewable energy consumed
- % Renewable energy = (Total renewable energy consumed / Total energy consumed) * 100
- Reporting-year target (2019): Enter the targets that were applicable for the reporting year for each metric, where available.
- A target can be interpolated from a future-year target.
- A target (or the future-year target from which it is derived) must be formally adopted. This means that the entity must have set and communicated the target at least internally, and has implemented, or is preparing, actions to achieve the target.
- Future-year targets: Enter the relevant year for which the targets are set at the top of the column and enter the future-year targets for each metric where available.
- A target must be formally adopted.
- The target must be set for any future year that is not the reporting year.
Energy intensities table: Intensity metrics provide a basis for comparing and benchmarking ESG performance. Intensity metrics are not mandatory and not scored in 2020. The table should be completed as follows:
- Previous-year performance (2018): This column shows the reported performance for the previous year (2018). If a metric is new or has changed substantially compared to last year or is new, or if there is no data available for the entity for the previous year, ‘N/A’ is shown. It is not possible to enter any data into this column.
- Reporting-year performance (2019): Intensity performance metrics are calculated automatically as follows:
- Energy export intensity (/GAV) = Total energy exported/GAV. Gross Asset Value (GAV) is reported in RC2 (Economic size) and is converted from millions to units within the calculation.
- Energy export intensity (/Revenue) = Total energy exported/Revenue. Revenue is reported in RC2 (Economic size) and is converted from millions to units within the calculation.
- Energy export intensity (/Output) = Total energy exported/Output. Output is reported in OI1 and is specific to the entity’s primary sector as reported in RC3 (Sector & geography).
- Energy consumption intensity (/GAV) = Total energy consumed/GAV. Gross Asset Value (GAV) is reported in RC2 (Economic size) and is converted from millions to units within the calculation.
- Energy consumption intensity (/Revenue) = Total energy consumed/Revenue. Revenue is reported in RC2 (Economic size) and is converted from millions to units within the calculation.
- Energy consumption intensity (/Output) = Total energy consumed/Output. Output is reported in OI1 and is specific to the entity’s primary sector as reported in RC3 (Sector & geography).
In some cases, the calculated cells may show as ‘Not applicable’. This is either due to:
- the participant not reporting the input data (within the indicator);
- the participant not reporting on the relevant denominator (GAV/Revenue/Output);
- there being no output metric applicable to the entity’s primary sector.
- Reporting-year target (2019): Enter the targets that were applicable for the reporting period for each metric, where available.
- A target can be interpolated from a future-year target.
- A target (or the future-year target from which it is derived) must be formally adopted. This means that the entity must have set the target at least internally and has implemented or is preparing actions to achieve the target.
- Future-year targets: Enter the relevant year for which the targets are set at the top of the column and enter the future-year targets for each metric where available.
- A target must be formally adopted.
- The target must be set for any future year that is not the reporting year.
External Review
Select Yes or No: If selecting “Yes”, state whether the data submitted has been checked, verified or assured (select one option; the most detailed level of scrutiny to which the data was subjected). Participants should select the appropriate checkbox(es):
- Externally checked: should be selected when a third party has reviewed the data in a structured and consistent process.
- Externally verified: applies to instances where a third party has reviewed the data against an existing scheme. When this checkbox is ticked, participants should select the scheme name from the dropdown.
- Externally assured: applies to instances where a third party has reviewed the data against an existing scheme. When this checkbox is ticked, participants should select the scheme name from the dropdown.
GRESB does not require the selected standard to be specific to energy data. As such, a standard initially designed to verify/assure non-energy data (e.g. water) can be selected as long as the same thoroughness and review criteria are applied to data reported in EN1.
Exceptions
Select Yes or No: GRESB is seeking to standardize the scope and boundaries of reporting to allow for more accurate benchmarking and to progressively move towards scoring of performance. If the scope of the data reported for this indicator does not exactly match the reporting scope (facilities, ancillary activities and time period) as reported in “Entity and Reporting Characteristics” (EC3, RC3, RC4), then answer ‘No’ to this question and describe these exceptions in the “Exceptions” text box.
Examples are:
- Temporal - A toll road includes data on energy consumption from its street lighting within its boundary but due to a data glitch, it lost this data for a two month period during the reporting year.
- Physical - A power plant includes a switchyard facility within its reporting boundary but does not have data on water discharge for this facility.
- Operational - An airport includes the operation of mobile equipment within its reporting boundary but not for aircraft since these are operated by airlines.
Validation
Evidence
It is optional to provide evidence of external review in the form of a third-party letter or certificate. Evidence will not be subject to manual validation for this indicator in 2020. Evidence can be provided by a hyperlink or through a document.
- Hyperlink: If a hyperlink (or deep link) is provided, ensure that the relevant page can be accessed within two steps.
- Document upload: Participants may upload several documents. When providing a document upload, it is mandatory to indicate where relevant information can be found within the document (e.g. for evidence relating to issue x, see section y on page z; for evidence relating to issue a, etc.).
Evidence should include:
- Proof of the existence of third-party review of the data;
- Clear indication that the reviewed data reflects the reported data;
- A description of the type of third-party review (checked, verified or assured) and the used assurance standard (if applicable);
- Proof that the data review applies to the entity.
Scoring
Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Energy’ issue in the GRESB Materiality Assessment (RC7).
Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.
Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green or orange is used for scoring:
- For participants whose primary sector is ‘Power Generation x-Renewables’ or ‘Renewable Power’, only the “Total” metric in the Energy exported/sold table is scored, as indicated by orange shading of the cells.
- For all other sectors, only the “Total” metric in the Energy consumed table is scored, as indicated by green shading of the cells.
For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:
- 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
- 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
- 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.
Reporting of external data review and exceptions are not scored in 2020.
Terminology
Energy consumed: Energy consumed on site in undertaking the entity's business activities and including losses. This is calculated as renewable energy consumed + non-renewable energy consumed.
Energy exported/sold: Any energy that the entity has supplied or distributed to third-parties, either the distribution of energy that has been imported by the entity, or energy that has been generated by the entity.
Energy generated from fuels: Any energy generated from fuels imported or purchased by the entity. For example, electricity generated from natural gas.
Energy generated from non-combustible sources: Any energy generated from non-combustible sources. For example, solar PV-generated electricity.
Energy imported/purchased: Any energy that the entity has obtained or purchased from outside the entity's reporting boundaries.
Geothermal: Energy generated from heat within the Earth's crust.
Hydro-electric: Energy generated from turbines powered by water, such as tidal energy, dams and water mills.
Hydrogen: A fuel that has no carbon emissions when combusted. Can be generated from hydrocarbons or electrolysis of water.
Motor gasoline: Liquid fossil fuel that is created from crude oil, also known as petrol. Includes forecourt gasoline blended with biofuels.
Natural gas: Gaseous fossil fuel comprised mostly of methane. Can be compressed as CNG or liquified as LNG.
Non-renewable energy: Energy sources that cannot be replenished in a short time through natural cycles or processes.
Nuclear: Energy generated from nuclear reactions. This includes nuclear fission, nuclear decay and nuclear fusion. Nuclear energy is not renewable.
Renewable energy: Energy sources that can be replenished in a short time through natural cycles or processes.
Solar: Energy generated from the sun's heat or light. Includes solar thermal and solar photovoltaic.
Waste (non-biomass): Any waste that is not categorized as biomass (biomass waste falls under biofuels) that is used to generate energy.
Wind: Energy generated from wind in turbines. Can be off- or onshore.
References
CDP Climate Change 2019 - Technical Note: Fuel definitions
Eurostat - Energy Glossary
Alignment with External Frameworks
CDP Climate Change 2020 - C8 Energy
DJSI CSA 2019 - 4.2.3 EP - Energy
DJSI CSA 2019 - 4.2.4 EP - Energy Consumption
GRI Standards 2016 - 302: Energy
Relevant UN Sustainable Development Goals
SDG 7 - Affordable and Clean Energy
7.2 By 2030, increase substantially the share of renewable energy in the global energy mix
7.3 By 2030, double the global rate of improvement in energy efficiency
SDG 9 - Industry, Innovation and Infrastructure
9.4 By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities
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