The Global Real Estate Sustainability Benchmark (GRESB), the worldwide portfolio-level standard for environmental, social and governance (ESG) benchmarking for real estate, recently recognized the BOMA 360 Performance Program® as a green certification for individual building operations. GRESB is a globally recognized, relative benchmark for assessing the sustainability performance of real estate, debt and infrastructure portfolios around the world.
GRESB’s validation of the BOMA 360 designation recognizes the program as a prestigious evaluator of sustainability and governance best practices. Achieving the BOMA 360 designation will help portfolios improve their GRESB performance in everything, from standard operating procedures to tenant engagement to energy management. Research also shows that achieving the BOMA 360 designation offers buildings tangible results, measured through higher tenant retention and satisfaction scores, higher rental rates and documented operational savings and efficiencies.
To date, more than 1,800 BOMA 360 designations have been conferred in more than 70 markets worldwide, totaling more than half a billion square feet of commercial space. For more information about BOMA 360, visit www.boma.org/BOMA360.
This article was originally published in the May/June 2018 issue of BOMA Magazine.