Bridge Investment Group Continues to Improve in the 2024 GRESB Real Estate Assessment
Bridge Investment Group (NYSE: BRDG) demonstrated strong ESG performance in the 2024 GRESB Real Estate Assessment, participating with six vehicles across Workforce and Affordable Housing, Multifamily Housing, Seniors Housing, and Logistics Properties strategies. Five recurring reporting vehicles showed significant improvements with 14-24% point increases from the previous year. All vehicles earned at least two Green Stars, with one achieving three Stars, and scored nearly perfect (29.78/30) in the management section. The assessment, which included 2,223 portfolios representing $7 trillion in gross asset value across 80 markets, reflects Bridge's commitment to sustainability transparency and operational efficiency.
Bridge Investment Group (NYSE: BRDG) ha dimostrato una forte performance ESG nella valutazione GRESB Real Estate 2024, partecipando con sei veicoli nei settori dell'Alloggio per lavoratori e accessibile, Alloggio multifamiliare, Alloggio per anziani e Strategia per immobili logistici. Cinque veicoli di reporting ricorrenti hanno mostrato miglioramenti significativi con incrementi dal 14 al 24% rispetto all'anno precedente. Tutti i veicoli hanno guadagnato almeno due Stelle Verdi, con uno che ha ottenuto tre Stelle, e hanno ottenuto un punteggio quasi perfetto (29.78/30) nella sezione di gestione. La valutazione, che ha incluso 2.223 portafogli con un valore lordo degli attivi di 7 trilioni di dollari in 80 mercati, riflette l'impegno di Bridge verso la trasparenza della sostenibilità e l'efficienza operativa.
Bridge Investment Group (NYSE: BRDG) demostró un sólido desempeño ESG en la evaluación de bienes raíces GRESB 2024, participando con seis vehículos en las estrategias de Vivienda para Fuerza Laboral y Asequible, Vivienda Multifamiliar, Vivienda para Personas Mayores y Propiedades Logísticas. Cinco vehículos de informes recurrentes mostraron mejoras significativas con incrementos del 14 al 24% en comparación con el año anterior. Todos los vehículos obtuvieron al menos dos Estrellas Verdes, y uno alcanzó tres Estrellas, logrando un puntaje casi perfecto (29.78/30) en la sección de gestión. La evaluación, que incluyó 2,223 portafolios representando $7 billones en valor bruto de activos en 80 mercados, refleja el compromiso de Bridge con la transparencia en sostenibilidad y eficiencia operativa.
브릿지 인베스트먼트 그룹 (NYSE: BRDG)는 2024 GRESB 부동산 평가에서 강력한 ESG 성과를 보여주었으며, 근로자 및 저소득 주택, 다가구 주택, 노인 주택 및 물류 부동산 전략을 포함한 여섯 개의 차량으로 참여했습니다. 다섯 개의 반복 보고 차량은 이전 해에 비해 14-24%의 상당한 개선을 보였습니다. 모든 차량은 최소 두 개의 그린 스타를 획득했으며, 하나는 세 개의 스타를 달성했고, 관리 섹션에서 거의 완벽한 점수(29.78/30)를 기록했습니다. 2,223개의 포트폴리오를 포함한 이 평가는 80개 시장에서 7조 달러의 총 자산 가치를 반영하며, 브릿지가 지속 가능성 투명성과 운영 효율성에 대한 약속을 보여줍니다.
Bridge Investment Group (NYSE: BRDG) a démontré une forte performance ESG dans l'évaluation immobilière GRESB 2024, participant avec six véhicules dans les stratégies de logement du personnel et abordable, de logement multifamilial, de logement pour personnes âgées et de propriétés logistiques. Cinq véhicules de reporting récurrents ont montré des améliorations significatives avec des augmentations de 14 à 24% par rapport à l'année précédente. Tous les véhicules ont obtenu au moins deux étoiles vertes, l'un d'eux ayant atteint trois étoiles, et ont obtenu un score presque parfait (29,78/30) dans la section de gestion. L'évaluation, qui a inclus 2 223 portefeuilles représentant 7 trillions de dollars en valeur brute d'actifs dans 80 marchés, reflète l'engagement de Bridge envers la transparence en matière de durabilité et d'efficacité opérationnelle.
Bridge Investment Group (NYSE: BRDG) hat eine starke ESG-Leistung in der GRESB Immobilienbewertung 2024 gezeigt und mit sechs Fahrzeugen in den Bereichen Beschäftigungs- und Sozialwohnungen, Mehrfamilienhäuser, Seniorenwohnungen und Logistikstrategien teilgenommen. Fünf wiederkehrende Berichtsfahrzeuge zeigten signifikante Verbesserungen mit Zuwächsen von 14-24% im Vergleich zum Vorjahr. Alle Fahrzeuge erhielten mindestens zwei grüne Sterne, wobei eines drei Sterne erreichte, und erzielten in der Managementsektion nahezu perfekte (29,78/30) Punktzahlen. Die Bewertung, die 2.223 Portfolios mit einem Gesamtvermögenswert von 7 Billionen Dollar in 80 Märkten umfasste, spiegelt das Engagement von Bridge für Transparenz in der Nachhaltigkeit und operative Effizienz wider.
- All five recurring vehicles showed significant improvement (14-24%) in GRESB scores
- All vehicles earned minimum two Green Stars, with one achieving three Stars
- Near-perfect management section score (29.78/30) across all vehicles
- Strong performance in leadership, policies, reporting, and risk management
- None.
Insights
The GRESB assessment results, while positive for Bridge Investment Group's ESG profile, have minimal direct financial impact on the company's immediate performance. The 14-24% improvement in scores and achievement of Green Stars demonstrate strong ESG management, which could potentially attract ESG-focused institutional investors and reduce operational costs long-term. However, with a relatively modest market cap of
The strong management section score of 29.78/30 points reflects well on operational efficiency and risk management, but investors should note that ESG metrics, while increasingly important, are secondary to fundamental financial performance in the real estate investment sector. The participation in GRESB across six vehicles shows comprehensive commitment to sustainability reporting, yet the immediate impact on revenue or profitability is
Each year, GRESB assesses and benchmarks the environmental, social, and governance (“ESG”) performance of assets worldwide, providing clarity and insights to financial markets on complex sustainability topics.
In its fourth year as a GRESB member, Bridge submitted six assessments for vehicles within the following strategies: Workforce and Affordable Housing, Multifamily Housing, Seniors Housing, and Logistics Properties.
All five recurring reporting vehicles achieved significant point increases from the previous year, ranging between 14
Every reporting vehicle earned at least two Green Stars, with one earning three Green Stars, a designation that reflects strong absolute performance in the assessment.
Additionally, all participating vehicles achieved 29.78/30 points in the management section of the assessment. This reflects strong Bridge leadership, policies, reporting, risk management, and stakeholder engagement for the firm. The strong management scores also resulted in high management rankings in comparison with peers across the board.
“Our GRESB progress is a demonstration of intentional hard work by many team members across our firm to support our sustainability efforts,” said Robert Morse, Executive Chairman at Bridge. “We have a collective vision to achieve improved operational efficiencies, enhanced climate resiliency planning, increased ESG data collection, and healthier buildings for our tenants and residents.”
The GRESB Assessments are guided by what investors and the industry consider to be material issues in the sustainability performance of asset investments and are aligned with international reporting frameworks, goals, and emerging regulations. This year’s Real Estate Assessment saw a record 2,223 listed and non-listed portfolios participate, generating a benchmark that covers
GRESB data is used by hundreds of capital providers and thousands of asset managers to benchmark investments across portfolios, and to better understand the opportunities, risks and choices that need to be made as the industry transitions to a more sustainable future.
About GRESB
GRESB is a mission-driven and industry-led organization providing standardized and validated Environmental, Social, and Governance (ESG) data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 150 institutional and financial investors to inform decision-making. For more information, visit GRESB.com.
About Bridge Investment Group
Bridge is a leading alternative investment manager, diversified across specialized asset classes, with approximately
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Charlotte Morse
Managing Director, Investor Relations & Marketing
300 Park Avenue, 17th Floor
t: +1 646 844 0901
c: +1 212 729 6660
e: Charlotte.Morse@bridgeig.com
BridgeIG.com
Source: Bridge Investment Group Holdings Inc.
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