Two real estate funds of Syntrus Achmea Real Estate & Finance have achieved the highest rating in the international GRESB benchmark. The Achmea Dutch Residential Fund (ADRF) and the Achmea Dutch Retail Property Fund (ADRPF) have been awarded five stars for their sustainability performance. Seven other funds and portfolios under management at Syntrus Achmea have been awarded four stars.
As in 2019, Syntrus Achmea has participated with ten funds and portfolios in GRESB, which stands for Global Real Estate Sustainability Benchmark. On average, the Syntrus Achmea funds scored 81 (maximum is 100). The same as in 2019. The average score of all participating funds worldwide dropped by 2.8% to 70. All Syntrus Achmea funds score higher than this global average.
GRESB has changed its scoring methodology considerably this year. In particular the scoring weight of the Performance Indicators (the reports on energy consumption, CO2 emission, water consumption and waste flows) has increased significantly. The ratios within the Performance Indicators have also changed. As a result, the final results achieved are lower in general. With an unchanged methodology, the Syntrus Achmea funds would have scored an average of 6.3% higher this year.
“We are proud of the highest rating for the ADRF and the ADRPF”, says Arthur van der Wal, CEO of Syntrus Achmea. “At the same time, we continue to work on improvements. In line with our ambition to belong to the top of our peer group in the field of sustainability, we are stepping up our efforts. Particularly in the field of the Performance Indicators, we are already working to further improve the scores.”