DBC1.1: Green Building Standard Requirements

Intent

This indicator is focused on green building rating standards utilized as part of the development process. Green building standards provide a measure of the intrinsic quality of the asset and its design in order to meet environmental standards requirements. Building certifications provide external assurance on the ESG performance of an asset.

Requirements

Does the entity’s development portfolio include projects that are aligned with green building rating standards?

• Yes
  • Select all applicable options (multiple answers possible)
    • The entity requires projects to align with requirements of a third-party green building rating system but does not require certification
      • [Select percentage portfolio covered]
      • Green building rating systems (include all that apply): ____________
    • The entity requires projects to achieve certification with a green building rating system but does not require a specific level of certification
      • [Select percentage portfolio covered]
      • Green building rating systems (include all that apply): ____________
    • The entity requires projects to achieve a specific (above the minimum) level of certification
      • [Select percentage portfolio covered]
      • Green building rating systems (include all that apply): ____________

      • Level of certification (above the minimum) adopted as a standard by the entity (include all applicable rating systems):

        ________________________

• No

Select year or no. If yes, also (1) select all applicable sub-options (2) select portfolio coverage and (3) specify:

1. Green building standard: include all applicable green building rating systems that projects are aligned with AND/OR
2. Green building certificates: include all applicable green building certificates that projects are required to earn AND/OR
3. Level of certification: include all applicable rating systems and certification levels adopted as a standard by the entity.

The full list of recognized green building certifications is provided in the Real Estate Reference Guide Appendix 5a.

Portfolio coverage: Portfolio coverage is calculated based on floor area. The numerator is the floor area to which the selected answer option applies. The denominator is the total floor area of all development projects as reported in DR1.1.

Validation

Green building rating systems: State the green building standard used by the entity.

Level of certification (above the minimum) adopted as standard by the entity: State the level of certification adopted as standard by the entity that is above the minimum level of certification.

See Appendix 2a for additional information about GRESB Validation.

Scoring

4 points, E

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

Percentage portfolio covered: The coverage percentage number is provided by selecting one of four drop-down menu options. The selected option then acts as a multiplier to determine the score according to the table below:

Drop down option	Multiplier
0% - 25%	0.25
25% - 50%	0.5
50% - 75%	0.75
75% - 100%	1.00

Green Building Rating System: The name of the green building rating system and the level of certification (if applicable) is validated, and its validation status is determined based on the requirements of the indicators.

See the Scoring Document for additional information on scoring.

Terminology

Green building rating standard: A rating system/certificate for real estate assets that uses a wide set of environmental criteria. Successful completion of the rating assessment typically results in the award of a certificate that records (a) the completion of the rating assessment process and (b) the level achieved.

Level of certification: The level achieved with successful completion of the rating scheme.

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