Alliance and GRESB partner to use ESG data for the sector

by: Felicity Cousins | February 15, 2024

EUROPE: The Sustainable Hospitality Alliance has partnered with GRESB to use ESG data and training to decarbonise the hospitality sector.

Founded in 2009, GRESB, which has B Corp status, is the global ESG benchmark for real estate assets. 

GRESB’s ESG assessments are guided by material issues identified by investors and the wider industry. 

These assessments are aligned with the UN’s Sustainable Development Goals, the Paris Climate Agreement, and major international reporting frameworks.

Comprised of an independent foundation and a benefit corporation, the Netherlands-based organisation collects, validates, scores, and independently benchmarks ESG data, offering valuable business intelligence, engagement tools, and regulatory reporting solutions for investors, asset managers, and the wider industry.

The two organisations will engage in activities such as working groups, events, and training sessions to provide support and leadership to members on their sustainability journey.

Glenn Mandziuk, CEO of the Sustainable Hospitality Alliance, said: “Working collaboratively with the team at GRESB, I am confident that our shared vision will accelerate our sector towards Net Positive through a wide range of initiatives and programmes. 

“The data, insights, and tools held by GRESB will empower our network of members to decarbonise their real estate portfolio using a rigorous methodology and framework.”

Anna Olink, director of real estate engagement at GRESB, said: “We are thrilled to join forces with the Sustainable Hospitality Alliance in our shared commitment to drive the real estate sector towards a sustainable future. Together, through collaborative initiatives and efforts, we look forward to fostering positive change within the industry.”

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