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Daily CSR

Daily CSR
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CBRE GI Join BRE In ‘Signature Project’


Driving in ‘sustainability and performance’, “BRE and CBRE GI” will approach the “BREEAM Assessor network” as clients.

Dailycsr.com – 30 May 2019 – CBRE Global Investors will join in a “landmark” partnership with BRE for implementing “BREEAM In-Use International 2015” for the entire portfolio range of “CBRE GI EMEA”. The said initiative will be spread across a period of five years.
It is indeed a “signature project” and a first of its kind wherein “BRE and CBRE GI” will come together as the client to look into “the BREEAM Assessor network” through a “joint Request for Proposals”. In this new approach method, big “volume of assessments” could be managed faster and in more efficient manner with the help of a “panel of assessors” with “high levels of experience”. In order to ensure transparency and fairness, the tender process will remain open to “all BREEAM assessors”.
The commitment made by CBRE GI toward ESG principles remain clear even going though this “independent, robust and third-party certification”. It sends a message to the “real estate market” about the need to improve the “performance of a large proportion of existing buildings”. In the words of the head of global ESG, Aleksandra Njagulj, who is also leading the “initiative at CBRE GI”:
“Sustainability is a fundamental part of CBRE Global Investors business strategy. We understand the significant impact the built environment has on the global environment and believe that we have a responsibility to incorporate and demonstrate ESG best practices in all of our corporate and investment management activities. The greatest sustainability impact is achieved through responsible portfolio management of standing assets.
For us, the BREEAM In-Use certification is not a tick-box exercise to create statistics for corporate responsibility reporting. Instead, it is a valuable tool we already use to assess, benchmark and drive continual improvement through our assets and property management alike. Expanding the BREEAM In-Use portfolio approach across our entire EMEA portfolio, comprising more than 360 assets, over five years initial programme, marks a market-leading step forward in sustainable asset management.”
While, the “Head of Real Assets for BREEAM at BRE”, James Fisher added:
“We have been discussing the idea of a new RFP approach for large portfolio BREEAM projects for some time now and are very proud that CBRE GI will join us on this full implementation. The aim is to keep driving innovation in the delivery of BREEAM as the value case becomes more and more clear.
We need mass action in the CRE market that not only focuses on the super high-performing assets but also in the more mainstream buildings. It is testament to CBRE GIs commitment to build a better world, that we are now able to drive forward on this project with them.”