GTIS has long seen compelling value in sustainable development and management.
Sustainability
We have been integrating ESG considerations into our business model since we submitted our first assessment to GRESB (Global Real Estate Sustainability Benchmark) in 2012. GRESB has provided us with the initial framework to guide our business, and some of our funds have consistently received top scores in the annual surveys within their respective peer groups for more than five years. Among other credentials, in May 2021 GTIS was named a Green Leasing Leader at the Gold level by the U.S. Department of Energy Better Buildings Alliance.
The GTIS Brazil Real Estate Fund I has been recognized as 2022's most sustainable private equity real estate investment fund in South America by the Global Real Estate Sustainability Benchmark ("GRESB"). This is the eighth consecutive year the fund has been ranked number one by GRESB, in addition, GTIS Brazil Real Estate Funds III and II took second and fourth-place honors, respectively. GRESB also awarded two new accolades to the firm this year, naming GTIS Brazil Fund I as a Regional Sector Leader, Americas, Office and a Regional Non-listed Sector Leader, Americas, Office.
Diversity, Equity, & Inclusion
GTIS is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion. Our human capital is the most valuable asset we have. The collective sum of the individual differences, life experiences, knowledge and unique capabilities and talent that our employees invest in their work represents a significant part of our culture, reputation and achievement.
Real estate development by definition has a considerable impact on the environment, the local community and its integration with the surrounding area. It has become increasingly clear that ESG conscious policies are important not just for the wellbeing of various stakeholders affected by development projects, but also for asset and fund level performance. Evidence continues to accumulate that development projects can do well financially while simultaneously doing good by the environment and the surrounding community.
