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Carbon Intelligence supports Transport for London stands out for sustainability with 5 star GRESB ranking

By Grace Melville
24th November 2020
  • Transport for London received a GRESB 5 Star rating, the highest GRESB rating and recognition that TfL is a leader in sustainability
  • Outstanding achievement for a first-time entry and the best score in their peer group

Transport for London (TfL) has today been awarded a GRESB 5 Star rating and recognised as a leader by GRESB – with an overall score of 93 out a maximum of 100. GRESB is one of the leading environmental, social and governance benchmarks for real estate and infrastructure investments across the world, examining their environmental, social and governance performance.

It is the first time that TfL has participated as part of the real estate benchmarking assessment process and the result is outstanding for a first-time entrant. This ranking reflects TfL’s passionate commitment to sustainability as its property development programme continues to build momentum, with both residential and commercial office proposals being taken forward. The entry this year focused on TfL’s property development portfolio under the GRESB development and management modules, with the aim of entering TfL’s operational estate under the performance module in the future.

Derek Wilson, Head of Sustainability, TfL Commercial Development, said: “We are thrilled to have received this outstanding GRESB result for our first ever assessment. It is a testament to the whole team’s commitment to put sustainability at the heart of our development programme, making sure that we drive real positive changes for local communities, tenants and residents through our developments. Our development partners, including Grainger plc, have embraced our approach and we are very excited to be working with our partners to deliver the most sustainable development programme in London.”

Jonathan Sykes, Executive Chairman, Carbon Intelligence said: “Congratulations to TfL on their remarkable GRESB result. This outstanding first-time score shows what can be achieved through ambitious targets, a rigorous framework and extensive stakeholder engagement.” 

 

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If you would like to to know more about how we support our clients to become GRESB leaders contact us at info@carbon.ci