Schools Achieve European GRESB Benchmark Rankings
Two UK schools managed under a PFI contract by BAM FM have been assessed and ranked against the global GRESB Environmental, Social and Governance benchmark for real estate.
The schools in Somerset and West Dunbartonshire achieved fourth and seventh place respectively in the annual GRESB Infrastructure Asset Assessment for ‘Northern Europe Schools (Classes and Sports Facilities) Maintenance and Operation’.
GRESB (formerly the Global Real Estate Sustainability Benchmark) is recognised internationally as a benchmark for assessing the ESG performance of real estate, with annual assessment providing a basis for systematic reporting, objective scoring and peer benchmarking of ESG performance.
Twelve categories are covered, including health & safety, energy, greenhouse gas emissions air pollution water waste, and biodiversity & habitat.
BAM FM collects data which is subjected to a validation process before it is scored and benchmarked, and has reported year-on-year improvements in its two PFI contract scores for the last three years.
The company’s Strategic Development Director, Reid Cunningham, comments: “For the third year in a row, we have seen improvements to our scores for both of our GRESB assessed PFI contracts.
“The detailed assessment process and the results give us useful insights into our sustainability performance and where we can target further areas of improvement and development.”
BAM FM’s parent company, BAM Construct UK, recently announced carbon emission reductions of almost 50 per cent over the last five years.