Six Trends Shaping Sustainability Management in Real Estate Markets
As sustainability continues to rise in importance within the real estate sector, six key trends are emerging. Firstly, there is an increase in sustainability reporting alongside a growing role for CFOs in these initiatives. Employees are becoming crucial stakeholders in sustainability strategies. Moreover, clear reporting on greenhouse gas emissions and water usage is crucial, despite regulatory uncertainties. Businesses are increasingly concerned about raw material accessibility, and corporate executives are paying more attention to external rankings and ratings. These trends highlight the evolving landscape of responsible management in real estate.
Six Trends Shaping Sustainability Management in Real Estate Markets
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Presentation Transcript
Peter GarréManaging Director Sustainability in real estate markets
Six trends in Responsible Management 1. A rise in sustainability reporting 2. An increase in the CFO's sustainability role 3. The emergence of employees as a key sustainability stakeholder force 4. Strong reporting on greenhouse gas emissions and mounting reporting on water use despite regulatory uncertainty 5. Growing concern about access to raw materials as a business supply chain issue 6. Special attention to outside rankings and ratings on the part of corporate executives Sources : Barometer 2011 MVO - Business & Society Belgium Market Survey Fall 2011 – Ernst & Young
Sustainability drivers • Current and future legislation and regulation • Increasing CSR involvement of the boards • Improving Responsible Asset Management • Creating healthy working, living and shopping places • Supporting Real Estate Value
Certification and Benchmarking REF B ?
BREEAM Strengths • 21 years of research • Recognized by major EU Real Estate investors • Unique and consistent scoring mechanism • CO2 as a main differentiator • Large range • National Schemes Operators • BESPOKE Schemes • Applicable to the building stock : BREEAM In Use • Shell & Core only • Fit Out upgrade
BREEAM Commercial/Bespoke in Europe Over 600 projects registered in Europe 1.045 certified projects in UK