Health and Well-being in Real Estate
Market trends for health promotion as a new focus within ESG reporting
Green Health Partnership & GRESB Special Report
In 2015, the Green Health Partnership collaborated with GRESB to develop the GRESB Health & Well-being Module - the first portfolio level health assessment for real estate practitioners and investors.
This report utilizes findings from three years of data gathered by the GRESB Health & Well-being Module to analyze current market trends and provide real estate companies and investors with guidance on how to increase consideration of health and well-being within their approach to ESG.
From 2016-2018, a total of 399 real estate funds participated in the voluntary GRESB Health & Well-being Module representing 5.8 billion square meters of real estate and over $1.75 trillion USD in gross asset value. This robust participation demonstrates a strong interest in health amongst global real estate companies and funds. Participation covered a diversity of regions – Europe, North America, Oceania, Asia – and property types – office, residential, retail and industrial. On average, each participating fund contained 300 individual real estate assets.
The data from the GRESB Health & Well-being Module provide a unique snapshot of industry conditions and trends:
Real estate companies and funds are beginning to include health and well-being as an explicit component of their ESG strategy.
Top performing companies have structured their health and well-being programs to include consideration of organizational employees, tenants, communities and supply chains.
Health and well-being programs are not yet uniform or standardized. Leading companies have comprehensive programs informed by an intentional health promotion process including policy, needs assessment, action and monitoring for health and well-being. Lagging companies have disjointed, incomplete processes for health.
Learn more about the GRESB Health & Well-being Module
