GRESB

GRESB assesses and benchmarks the Environmental, Social and Governance (ESG) performance of real assets worldwide spanning stakeholder engagement, building certification, waste management, energy consumption, water use, materials, risk management and reporting. The Hines team recently achieved a GRESB score of 92/100 (5 stars), which was the highest score in Europe and we are excited to continue to build on this success.

WELL Community

Cherrywood Town Centre is on track to be Ireland’s 1st Well Community and the 3rd Well Community registered in Europe. The WELL Community, from the International WELL Building Institute, measures 10 key metrics including Air, Water, Light and Sound to promote the development of health-focused, integrated and supported communities.

BREEAM

BREEAM stands for Building Research Establishment Environmental Assessment Methodology and is one of the world’s leading sustainability assessments for masterplan projects, infrastructure and buildings. Following a recent evaluation of our apartment development, we received a BREEAM ‘Excellent’ score for our first phase of development design.

Home Performance Index

The Home Performance Index (“HPI”) provides a label for quality sustainable residential development, complementing existing schemes used in the commercial sector such as BREEAM. Developed by the Irish Green Building Council (“IGBC”) the Home Performance Index stamp of approval provides a robust and nationally tailored green home label aligned with Ireland’s climate action plan, and goals.

Near Zero Energy Building

Nearly Zero Energy Buildings (“NZEB”) are highly efficient buildings with extremely low energy demand. The nearly zero or very low amount of energy required should be covered to a significant extent by renewable energy sources.

ESG Policy

From the start, we have felt a responsibility to the future and a drive to do things better. Hines APG Cherrywood is committed to implementing a best practice approach to minimise construction and operational environmental impacts, while promoting energy efficiency, health, wellness and social inclusivity, to deliver a high performance ESG strategy that is integrated with the overall investment strategy.

Read our Environmental, Social & Governance Policy to learn more.

Considerate Constructor Scheme

Registered all active construction areas with the Considerate Constructors Scheme (CCS) and implement systematic processes to monitor the impact of new construction on the local community during different stages of the project.

Local Employment

A local community employment programme has been implemented during the construction of the project.

Urban Greening and Biodiversity

Cherrywood has seen the planting of more than 3,000 trees add considerable urban ecology and interest to the landscape. Ecological corridors traverse the development ensuring an ongoing commitment to biological diversity and improved urban water quality