On November 14, 2024, Bridge Investment Group Holdings Inc. announced its continued improvement in the 2024 GRESB Real Estate Assessment, demonstrating its commitment to sustainability transparency. The firm participated with six vehicles across its Workforce and Affordable Housing, Multifamily Housing, Seniors Housing, and Logistics Properties strategies.
All five of Bridge's recurring reporting vehicles achieved significant point increases from the previous year, ranging between 14% and 24%. The newest Logistics Properties reporting vehicle also achieved an excellent inaugural year score, establishing a strong baseline for future performance.
Every participating vehicle earned at least two Green Stars, with one vehicle achieving three Green Stars, a designation reflecting strong absolute performance. Additionally, all participating vehicles scored 29.78 out of 30 points in the management section of the assessment, indicating robust leadership, policies, reporting, risk management, and stakeholder engagement.
Robert Morse, Executive Chairman at Bridge, stated that the GRESB progress is a demonstration of intentional hard work by team members across the firm to support sustainability efforts. The collective vision includes achieving improved operational efficiencies, enhanced climate resiliency planning, increased ESG data collection, and healthier buildings for tenants and residents.
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