Bridge Investment Group Continues to Improve in the 2024 GRESB Real Estate Assessment
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.