Advertisement

Global Real Estate Sustainability Benchmarking: An Essential Tool for Real Estate Management

  • Willem G. Keeris
  • Ruben A. R. Langbroek
Chapter
Part of the Palgrave Studies in Sustainable Business In Association with Future Earth book series (PSSBAFE)

Abstract

This chapter concerns benchmarking and specifically the Global Real Estate Sustainable Benchmark (GRESB). It provides an overview of benchmarking criteria and types before discussing how benchmarking contributes to the development of scenarios and is a useful tool in delivering the necessary productivity improvements required in sustainable real estate management organizations. This is followed by a description of GRESB, a new type of benchmarking, called ‘International standards benchmarking’, which is not a best practice benchmark but rather a dot placed on the horizon establishing a level of sustainability that is already theoretically achievable. The chapter concludes with a discussion of challenges and opportunities to consider with respect to the future of sustainable real estate benchmarking.

References

  1. Carbon War Room. (2015). Building Returns: Investing in Sustainability Pays Off.Google Scholar
  2. Clarke G. L., Feiner, A., & Viehs, M. (2015). From the Stockholder to the Stakeholder: How Sustainability Can Drive Financial Outperformance. Oxford University and Arabesque Partners.Google Scholar
  3. Fuerst, F. (2015). The Financial Rewards of Sustainability: A Global Performance Study of Real Estate Investment Trusts. Cambridge: Cambridge University.Google Scholar
  4. Goslings, J. H. W. (1995) Prestatiemeting: theorie en praktijk. VBA Journal.Google Scholar
  5. Keeris, W. G. (2007). The Diversifying Power of Real Estate Investments: You Never Can Tell. Paper for the 14th ERES Conference 2007, London, 26–30 June.Google Scholar
  6. Keeris, W. G., & Langbroek, R. A. R. (2007). Measuring Stability of Performance by Means of the Volatility Ratio. Paper for the 14th ERES Conference 2007, London, 26–30 June.Google Scholar
  7. Runhaar, P. (2015, December). Onderzoek toont aan: bedrijven hebben enorme slag te maken bij benutten eigen informatie. Facility Management Magazine (in Dutch).Google Scholar
  8. Waalewijn, Ph., Hendriks, A., & Verzijl, R. (1996). Benchmarking in Nederland: op zoek naar het ideale proces. Holland/Belgium Management Review, nr. 51 (in Dutch).Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Willem G. Keeris
    • 1
    • 2
  • Ruben A. R. Langbroek
    • 2
  1. 1.Delft University of TechnologyDelftThe Netherlands
  2. 2.GRESB Asia PacificSydneyAustralia

Personalised recommendations