推动可持续价值：GRESB基金会路线图（2026版）

Contents Executive SummaryThe GRESB FoundationGRESBMission & VisionStructure & FunctionFoundation BoardStandards CommitteesTechnical Working GroupsHighlight: Change Management Working GroupExpert Resource GroupsHighlight: Expert Resource Group SurveyEvolution of the GRESB StandardsOrigin of the StandardsDevelopment DriversLeadership & InnovationHighlight: Emerging Market Investors AllianceOperational PerformanceHighlight: Real Estate Road to PerformanceSegmentation & SpecificityHighlight: Net-Zero Materiality for Renewable Energy AssetsPolicy & RegulationHighlight: IIGCC Net Zero Investment FrameworkData Quality & InteroperabilityEvolution & ImpactTargeted ImprovementHighlight: Decarbonization AttributionPredictable ChangeHighlight: Principles for Governing the Standards Development ProcessStreamlined ReportingHighlight: Reducing Reporting BurdenHighlight: Static Fund AssessmentSector SpecificityHighlight: ResidentialHighlight: Data CentersGRESB StandardsCurrent Assessment StructureRelationship to Industry FrameworksDevelopment of the StandardsReal Estate WorkplanInfrastructure Workplan4666778999101212121314141518181919202121212222232324252526272728293033 GRESB Foundation. Driving Sustainable Value: The GRESB Foundation Roadmap, 2026 edition.Authors: Joss Blamire, Karl Desai, Anissa Eleuterio, Cathy Granneman, Tyler Guthrie, Chris Pyke, Charles van Thiel, and Sarah Welton. Preface November 2025 Dear GRESB stakeholders, The Foundation Board is proud to continue leading the GRESB Foundation and promoting sustainability across theglobal real asset industry. This updated Roadmap celebrates our collective progress toward a shared vision—aninvestment community working together to build a more sustainable and resilient world. As we look to the future, theFoundation is focused on amplifying our impact and empowering real change. Our mission is simple but powerful: to bring investors and managers together to create sustainable assets that deliverlasting value. The GRESB Standards define the information real asset investors and managers need to understand,benchmark, and improve performance—recognizing and rewarding assets that are clean, efficient, and resilient. Theseassets set the standard for better investments and a better world. The Standards continue to drive real asset performance. Guided by the recently establishedPrinciples for GoverningStandards Development, the continued evolution of the Standards will reduce reporting burden, improve transparencyand predictability, increase alignment with emerging regulations, and address urgent social and environmentalchallenges. The 2026 Standards offer multi-year implementation plans for key issues, including energy efficiency, decarbonizationplanning and net-zero alignment, physical climate risk and resilience, and embodied carbon. The Foundation isconfident these topics will help shape a more sustainable future for the entire real asset industry. The Foundation is deeply grateful to our dedicated volunteers who share our mission to drive positive, sustainablechange in the built environment. Together, we will continue strengthening the GRESB Standards and supportinginvestors and managers worldwide as they turn sustainability ambition into lasting impact. Thank you. Sincerely, Katie JowettBoard Chair, GRESB FoundationBarbara Strozzilaan 374,1083 HN Amsterdam, The Netherlands Executive Summary The GRESB Foundation is an independent, mission-based, non-profit organization dedicated to the developmentand operation of the GRESB Standards. The Standards provide the basis for the systematic assessment of themanagement and performance of real asset companies and funds around the world. The Foundation exists to ensurethat GRESB Standards continue to meet the needs and priorities of real asset investors and managers. Foundationvolunteers share a commitment to positive market transformation powered by effective communication betweeninvestors and managers. This Roadmap provides a snapshot of the work of the Foundation at the end of 2025 and a high-level plan for thedevelopment of the GRESB Standards in 2026 and beyond. Key elements include the Foundation’s: Roles and responsibilities Mission and vision Standard development priorities Plan of action for 2026 through 2028 High-profile activities that support the continued enhancement and relevance of the Standards are highlightedthroughout the Roadmap. In brief, the GRESB Foundation works to govern the GRESB Standards to meet the needs and priorities of real assetinvestors and managers. The Foundation’s work is based on a long-standing theory of change: Engaged investors—empowered with timely, relevant, high-quality information—can drive positive change in the management and operationof real asset companies. The result is better, more valuable companies that benefit people and the environment. Thisbasic theory has helped transform the real asset industry over the last fifteen years, with demonstrable improveme