Which GRESB points can we influence?
Implementing biodiversity uplifts can influence up to 80 points addressing themes of environmental strategy & policy, biodiversity, water conservation and engagement across the three GRESB pillars
Management:
PO1 Policy on Environmental Issues
SE1 Employee Training
SE3.2 Employee Health & Well-being Measures
Performance:
RA4 Water Efficiency Measures
TC1 Tenant Engagement Program
TC5.2 Tenant Health & Well-being Measures
EN1 Energy Consumption
WT1 Water Use
Development:
DRE1 ESG Stragegy During Development
DWT1 Water Conservation Strategy
DSE1 Health & Well-being
Why is MRV important?
Accountability:
MRV provides a structured and standardized approach for tracking and reporting progress in biodiversity initiatives. This accountability is essential to ensure that the commitments made by real estate entities, governments, or other stakeholders are being met and that goals are achieved
Data-Driven Decision-Making:
MRV processes collect valuable data on the state of biodiversity. This data can inform decisions related to the allocation of resources, the development of new policies, and the identification of areas that require attention or improvement
Transparency:
MRV processes make the data on biodiversity accessible to the public and stakeholders, promoting transparency. This transparency is crucial in building trust among stakeholders and demonstrating a commitment to sustainability and biodiversity conservation
Evaluation of Effectiveness:
MRV allows for the assessment of the effectiveness of biodiversity initiatives. By comparing data before and after implementation, it becomes possible to measure the impact of specific actions and determine which strategies are most successful in enhancing biodiversity
Demonstrating Compliance:
For organizations and cities committed to sustainability goals, MRV is crucial for demonstrating compliance with international and national commitments, such as the Convention on Biological Diversity, the Sustainable Development Goals, or local environmental regulations
Long-Term Monitoring:
Biodiversity is not a one-time effort but a long-term commitment. MRV provides a framework for ongoing monitoring and adaptive management, ensuring that efforts are sustained over time.
Why crowdsource primary MRV data through our engagement program?
Cost-Effective Data Collection:
Engaging stakeholders reduces the costs associated with data gathering. It can be expensive to hire experts or consultants for extensive data collection, whereas community involvement can be more cost-effective
Community Ownership:
Involving the community in data collection fosters a sense of ownership and responsibility for the local environment. This can lead to greater long-term commitment to biodiversity conservation efforts
Increased Trust and Transparency:
Engaging stakeholders in data collection builds trust and transparency. When the community and employees see their data contributing to the decision-making process, they are more likely to trust the results and the actions taken based on those results
Educational Opportunities:
Involving tenants, employees, and the community in data gathering provides educational opportunities. Participants gain a better understanding of the importance of biodiversity and conservation, which can lead to more sustainable behaviors and practices
Social Cohesion:
Collaborative data gathering activities can foster social cohesion among community members and employees. Working together toward a common goal strengthens community bonds and fosters a sense of unity and purpose