The updated CRREM-SBTi aligned decarbonisation pathways for Real Estate are now available! SBTi-CRREM-pathways covers residential and the commercial real estate sector across North America, Asia-Pacific, and Europe. A new pathway for “Industrial Distribution Warehouse cooled”, as well as sub-regional pathways for USA – covering the 15 largest cities – and for Australia – covering the […]
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ABP mentions CRREM
We are happy to share with you that ABP (largest Dutch pension fund) announced their refined climate policy. It includes explicit reference to CRREM for their Real Estate portfolio. See the climate policy here Find out how CRREM can assist you in the transition of your properties!
Continue readingEPRA – ESG summit in London
We attended the EPRA ESG summit last week in London. Our project lead, Hunter Kuhlwein, talked on the panel: Net Zero: Achieving objectives or marketing hype?” together with Olivier Elamine, Andrea Palmer and Jan Willem van Kranenburg. ◼ They all agreed that there is a lot of marketing in Net Zero ambitions at the […]
Continue readingGerman JLL study finds proof: poor energy performance leads to massive value reductions
Eine Studie von JLL bestätigt es nun: Schlechte Energieeffizienz führt zu signifikanten Wertabschlägen bei Immobilien. Der Analyse von JLL folgend beträgt die Preisdifferenz von energetisch schlechten und guten (energieeffizienten) Immobilien im ersten Halbjahr 2022 durchschnittlich zwischen zwölf und 33 %. In wenigen Fällen liegt der Preisabschlag mit fast 50 % sogar deutlich darüber. Lesen […]
Continue readingInsufficient climate plans need action – now!
According to the UNFCC latest report the climate plans submitted by most signatories of the Paris Agreement are still not ambitious enough to limit global warming to 1.5 degree Celsius by the end of the century. The countries’ efforts are still not enough as they are leading to at least 2.5 degrees warming. Mr. Stiell, […]
Continue readingBad news: GHG levels are hitting new highs
The World Meteorological Organization (WMO) reports that the atmospheric level of GHG reached a new record high in the last year (2021). According to WMO the methane concentrations reached their all-time-high since the measurements began about 40 years ago. Although the reason for the biggest year-on-year jump in methane concentrations is not clear, it is […]
Continue readingAwareness of stranded assets rises
Older properties run the risk of becoming stranded assets due to ESG requirements, because they slip into energy efficiency class F or worse, so that refurbishments do not pay off. According to a survey by Aurelius subsidiary Aurepa and PwC, two-thirds of asset managers fear this. Just under a third of them have 50 to […]
Continue readingUNEP FI & CRREM RELEASE REPORT
The United Nations Environment Programme Finance Initiative (UNEP FI) and the Carbon Risk Real Estate Monitor initiative (CRREM) have published a project report and investor guide “Managing Transition Risk in Real Estate: Aligning to the Paris Climate Accord”. It presents the main outputs, results and lessons learned from applying the Task Force on Climate-related Financial […]
Continue readingWorkcloud24 publishes new market report
The latest report from Workcloud24 about digitization in real estate and its impact on ESG and leasing activities has been published this month. CEO Hubert Abt says that owners of real estate have a choice to make, either they play in the “green premium” or “grey discount” team. You want to read more? You may […]
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