Institutionals group launches global infrastructure sustainability benchmark

A group of global institutional infrastructure investors, including AIMCo, APG, ATP, Aviva Investors, CalPERS, Mirova, Ontario Teachers’ Pension Plan and PGGM, representing  $1.5trn (€1.32trn), has recently launched the GRESB Infrastructure, a global sustainability benchmark for infrastructure assets.

The group has partnered with GRESB, the global standard for portfolio-level sustainability assessment in real estate, to develop  a consistent global sustainability framework for the infrastructure sector.

The firm’s CEO, Philippe Zaouati, said : “The infrastructure market needs practical tools to assess the environmental and social performance of projects. The goal is to create a level playing field to enhance operator’s practices and investor’s awareness. The past experience of the GRESB will help the industry to rapidly achieve this objective.”

“CalPERS looks forward to working with GRESB’s platform to gain insights into current and prospective infrastructure assets. GRESB has an established and global track record in assessing and evaluating social and environmental factors, which will shed more light on sustainability considerations for investors to understand and manage. Utilizing this platform gives CalPERS a process for implementing our Investment Beliefs, enabling us to better understand and navigate the multi-faceted risks and opportunities of our portfolio,” said Anne Stausboll, Chief Executive Officer, CalPERS.

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