CRREM initiative named as benchmark by Allianz Real Estate to help meet its carbon emissions and energy efficiency targets

Allianz Real Estate announces that their investments are analysed and reported against CRREM’s decarbonisation pathways.

Allianz Real Estate is targeting a reduction in carbon emissions from its global portfolio of 25 per cent by 2025. The decrease is part of the firm’s wide-ranging and extensive global sustainability program initiated in 2019 and supports Allianz Real Estate’s overall aim to be carbon net-zero by 2050.

Allianz Real Estate states: “We strongly believe that CRREM is the best methodology with regards to real estate carbon emissions and benchmarking. It takes a dedicated, highly scientific and independent approach, and it is well perceived by internal and external stakeholders,” says Dr Raphael Mertens.

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