What is GRESB primarily used for?

GRESB, which stands for Global Real Estate Sustainability Benchmark, is designed specifically for providing an assessment and benchmarking system that evaluates the environmental, social, and governance (ESG) performance of real estate and infrastructure assets globally. The platform gathers data from participating entities and compiles it into an index that allows stakeholders, including investors and fund managers, to compare and benchmark the sustainability performance of various assets.

The focus on ESG criteria makes GRESB a vital tool for investors who want to understand how well real estate and infrastructure assets align with sustainable practices. This is essential for making informed investment decisions, as the demand for sustainability in investment portfolios continues to grow. GRESB's benchmarks are pivotal for entities seeking accountability and transparency in how they manage their assets regarding sustainability.

In this context, the other choices do not align with the purpose of GRESB. While regulatory compliance and investment assessments are essential aspects of business operations, they do not specifically pertain to GRESB’s focus on ESG performance for real estate and infrastructure. Environmental technology audits are also unrelated to the benchmarking and assessment that GRESB provides.