Global survey measures environmental, social and governance (ESG)
performance and accountability among public and private real estate
TORONTO, Sept. 6, 2011 /CNW/ - Bentall Kennedy, one of North America's
largest independent real estate investment advisors, earned the top
spot on the Global Real Estate Sustainability Benchmark (GRESB)
Foundation's survey report as the highest-ranking fund manager in the
Americas. Bentall Kennedy is also identified #5 on the GRESB's "Global
Top Ten" list, according to the survey, which measures the social and
environmental performance of listed and private property funds.
The GRESB Foundation's 2011 research report is based on a global survey
of 340 of the world's largest property funds. The survey captures over
50 science-based data points that gather information on sustainable
management practices and policies, and implementation and measurement
of energy consumption, water consumption, waste collection, recycling,
CO2 emissions, and on employee training programs and remuneration policies.
The GRESB is an initiative of some of the worlds largest institutional
investors with the stated goal of increasing transparency in
environmental and social practices in the property sector.
"Bentall Kennedy has earned the top place in the Americas and was ranked
among the global leaders in sustainability. This initiative, which is
endorsed by 18 of the world's leading institutional investors, rewards
actions and measurable performance. Bentall Kennedy has achieved 'Green
Star' status, as they have an integrated approach towards measurement
and management of key performance indicators, as well as focusing on
reduction of resource consumption, and innovation beyond energy
efficiency, but also addressing related issues such as productivity and
behaviour," said Dr. Nils Kok, Executive Director of the GRESB
"We are very gratified with the findings of the study and the increased
emphasis that it will place on the importance of sustainable practices
in real estate investment and management. This global study will allow
investors and tenants to identify and partner with the world's leaders
in sustainable and responsible property investment and management,"
said Gary Whitelaw, Chief Executive Officer for the Bentall Kennedy
"These results are a direct reflection of our clients, tenants, and
employees, who are committed to best practices and continuous
improvement in responsible property investing. We see ESG as a catalyst
for innovation and improved performance," said Whitelaw.
About Bentall Kennedy
Bentall Kennedy is one of North America's largest real estate investment
advisors and one of its foremost providers of real estate services.
Bentall Kennedy serves the interests of more than 400 clients across
135 million square feet of office, retail, industrial, hotel, and
apartment properties totaling $24 billion throughout Canada and the
U.S. Bentall Kennedy has a 100-year track record of delivering superior
returns and a reputation for integrity, innovation and creating value.
Bentall Kennedy is a member of UN PRI and is a recognized global leader
in Responsible Property Investing.
For more information, visit www.bentallkennedy.com.
About the GRESB Foundation:
The Global Real Estate Sustainability Benchmark (GRESB) Foundation, an
initiative of some of the world's largest institutional investors
(representing $1.7 trillion in assets under management), leading
academics and industry bodies, provides a science-based sustainability
benchmark for commercial property portfolios; a tool with which
institutional investors can start a dialogue on social and
environmental issues with their real estate managers.
For more information and to download the report, visit www.gresb.com.
SOURCE Bentall Kennedy
For further information:
Giselle Gagnon, Vice President, National Real Estate Services, Bentall Kennedy 416 679 2326 or firstname.lastname@example.org
Christian Gunter, Vice President, Responsible Property Investing, Bentall Kennedy 206 623 4739 or email@example.com