Over the last decade, the portfolio has invested significantly in energy and sustainability improvements, including switching from using fuel oil as a heating source to cleaner burning natural gas, installing modern HVAC control systems and automatic water and energy meters.
More recently, the portfolio has chosen to respond to the Global Real Estate Sustainability Benchmark (GRESB), which assesses the sustainability performance of leading real estate portfolios and assets worldwide. Assessment participants receive comparative business intelligence on where they stand against their peers, a roadmap with the actions they can take to improve their Environmental Social and Governance performance and a communication platform to engage with investors.
Most recently, all but one building in the portfolio has been LEED Gold certified. 12-16 Vestry is currently LEED Silver certified.