International recognition for ABN AMRO’s approach to sustainability in the real estate sector

Press release -

The results of the 2017 GRESB assessment were announced earlier this week. Having been rated fourth last year, ABN AMRO has now taken the top spot in the annual assessment.

GRESB – short for ‘global real estate sustainability benchmark’ – is a worldwide benchmark that measures the sustainability performances of financials in terms of commercial real estate investments and financing. ABN AMRO takes part in the GRESB Real Estate Debt Assessment.

A measure for policies and their implementation

The assessment scrutinises sustainability policies for real estate financing, but also how those policies are implemented. ABN AMRO rates highly in both areas. The bank has developed a series of initiatives in recent years to boost the sustainability of commercial real estate. Those initiatives include tools for clients to find out how to improve their sustainability, additional funding, green bonds and arrangements with real estate surveyors to make sustainability an integral part of their valuations.

Impacting the environment

ABN AMRO’s CEO Kees van Dijkhuizen comments, “A few years ago we set ourselves the ambition of encouraging efforts to improve the sustainability of commercial real estate. It’s wonderful to see how, with our clients, this has been translated into concrete initiatives and has now yielded the top spot in the GRESB assessment. Coming so soon after our impressive score in RobecoSAM’s sustainability assessment last week, this is further recognition of our bank’s efforts to impact the environment.”

ABN AMRO further expanded the scope of its ambitions for real estate sustainability this past summer. By 2030, the bank wants every building that it finances – including private homes and the bank’s own branches and offices – to have an average rating of energy label A.

Leading role

GRESB’s Managing Director Sander Paul van Tongeren adds, “Sustainability is becoming more and more of an issue for commercial real estate financiers. ABN AMRO has taken on a leading role and is showing other banks the way.”

To find out more about GRESB and its assessments, visit www.gresb.com.

Share

Join the discussion

ABN AMRO would like to know your opinion, so below this article you can react to this article via Disqus. By doing so, you agree to the conditions for reacting to articles on our website.

Related news items

More news about sustainability