Benchmarking based on the Global Real Estate Sustainability Benchmark (GRESB) gives the Residential Fund greater insight into the opportunities to improve its sustainability performance at fund level. In 2014, the Fund participated for the third time in the GRESB and improved its scores significantly, increasing its overall score by over 66%, taking it to second in its peer group.
‘Green star’
Following the successful implementation of the action plan to enhance overall GRESB performance, the Residential Fund emerged with a ‘Green Star’ classification, the highest category in the GRESB scoring system, no less than two years ahead of schedule.