Trademark Property Company Recognized by GRESB for its Leadership in Sustainability Company receives top position in retail sector – Americas
FORT WORTH, Texas (Dec. 10, 2020) – Trademark Property Company has been named Real Estate Development Sector Leader by the Global Real Estate Sustainability Benchmark (GRESB), achieving the top position in the Retail sector – America for its environmental, social and governance excellence.
The retail and mixed-use development, investment and institutional services firm ranked first among its peer group for Real Estate Development for Retail in America, garnering an overall score of 77 and three Green Stars. It ranked second among its peer group for Real Estate Standing Investment for Retail in America, achieving an overall score of 83 and four Green Stars.
“We are delighted that our sustainability policies and practices have been recognized by GRESB,” said Terry Montesi, CEO of Trademark Property Company. “With this honor, Trademark has established itself as an industry leader in the retail sector and proved its commitment to sustainability initiatives that generate value for all of our stakeholders.”
GRESB is a mission-driven and investor-led organization that provides standardized and validated Environmental, Social and Governance (ESG) data to the capital markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world. The GRESB Sector Leader Awards Program recognizes real estate and infrastructure companies, funds and assets that have demonstrated outstanding leadership in sustainability.
“We are proud to recognize the 2020 Sector Leaders for their clear commitment and meaningful action to improve their ESG performance,” said Sander Paul van Tongeren, managing director at GRESB. “With accelerating sustainability risks, accessing standardized and reliable ESG data and benchmarks has never been more important to investors.”
In 2020 alone, more than 1,200 real estate portfolios reported to GRESB, covering more than 96,000 assets. The organization’s coverage for infrastructure includes more than 540 infrastructure portfolios and assets. Combined, the reported assets represent US $5.3 trillion AUM.
GRESB’s Real Estate Assessment generates two benchmarks: The GRESB Real Estate Benchmark and the GRESB Development Benchmark. The Real Estate Benchmark consists of participants completing both the Management and Performance Components and the Development Benchmark consists of participants completing both the Management and Development Components.
The Management Component measures the entity’s strategy and leadership management, policies and processes, risk management and stakeholder engagement approach, comprising of information collected at the organizational level. The Performance Component measures the entity’s asset portfolio performance, comprising of information collected at the asset and at the portfolio level. The Development Component measures the entity’s efforts to address ESG issues during the design, construction, and renovation of buildings.
In 2020, GRESB introduced mandatory asset-level data reporting to improve data quality and implemented a new reporting structure that placed a greater emphasis on the Performance Component towards the overall GRESB Score. The average GRESB Score for standing investments portfolios is 71 for listed companies and 70 for private entities. For development portfolios, listed companies have an average score of 73 compared to 75 for private entities.
About Trademark Property Company
Trademark Property Company is a full-service real estate firm focused on investments, development and institutional services of experiential, mixed-use and daily needs properties. In its 28 years of business, Fort Worth, Texas-based Trademark has invested in, developed or redeveloped 19.5 million square feet of retail and mixed-use assets worth $4.5 billion. Trademark’s experienced team of more than 160 employees is currently responsible for a 17-property portfolio totaling approximately 10.9 million square feet of retail and mixed-use projects across the country. A leader in navigating the changing retail landscape, Trademark’s purpose is to be extraordinary stewards, enhance communities and enrich lives. For more information, visit www.trademarkproperty.com or interact on Facebook, LinkedIn and Instagram.
GRESB is a mission-driven and investor-led organization providing standardized and validated Environmental, Social and Governance (ESG) data to the capital markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world. In 2020 alone, more than 1,200 real estate portfolios reported to GRESB covering more than 96,000 assets. The data is used by more than 100 institutional and financial investors to monitor investments across portfolios and navigate the strategic choices needed for the industry to transition to a more sustainable future. Learn more at GRESB.com.