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 2015, the Fund participated for the fourth time in the GRESB and improved its score slightly (after a 66% improvement in 2014), ranking 3rd out of 11 in its peer group
‘Green star’
Following the successful implementation of the action plan to enhance overall GRESB performance, in 2014 the Residential Fund emerged with a ‘Green Star’ classification, the highest category in the GRESB scoring system. In 2015, the Residential Fund was awarded Green Star status for the second year in a row.