Articles

We are delighted to announce that the PITCH Fund has received its 2023 GRESB results, with PITCH gaining an additional “Green Star” from 2022, to achieve a four “Green Star” status. The Fund’s score has increased by over 10%, achieving 83 out of 100, and ranking 5^th in a peer group of 100 participants.

GRESB (The Global Real Estate Sustainability Benchmark) is the dominant global ESG benchmark for real estate and infrastructure investments covering USD 7.2 trillion of gross asset value (GAV) across 75 countries.

This is the 10th consecutive year that PITCH has taken part in GRESB, improving its peer group ranking to 5^th out of 100, having previously ranked 18^th in 2022. The continued improvement in PITCH’s score reflects the hard work and continued efforts by the team to engage with tenants and improve our data coverage, quality and sustainability credentials of the portfolio, which is fundamental to driving forward our net zero commitment and strategy.

In order to achieve this goal, we continue to focus our efforts on:

• Buying resilient and sustainable assets to ensure we are future proofing the portfolio.
• Refurbishing assets to improve energy and carbon performance and meet best practice sustainability standards.
• Progressing our solar strategy, installing solar installations where feasible and engaging with tenants to progress standalone projects.
• Collecting data and improving data coverage and quality to support decarbonisation pathway analysis. An update on progress will be provided in PITCH’s annual ESG Report next year.

To access the summary 2023 GRESB Report please click on the button below.

portal.gresb.com_product_report_39922 (pitch-fund.co.uk)