Our Responsible Investment Report is out today!🌍 In our 2025 Climate Action Plan, we've set two targets for our unlisted real estate portfolio: 1️⃣ Net zero carbon emissions by 2050 for both operational and embodied carbon. 2️⃣ A 40% reduction in operational carbon emissions intensity by 2030. We measure our journey using 1.5°C decarbonisation pathways by CRREM - By the end of 2022, 41% of our portfolio was aligned with the 2022 CRREM decarbonisation pathway, a significant increase from 26% in 2021. Yet, there is so much more work to do: by 2030, 18% of our portfolio is projected to be aligned with the pathway, but none of the portfolio meet the 2050 requirements. Encouragingly, our greenhouse gas intensity has fallen by 4% from 2019-2022, with a 10% decrease in the office sector and a 16% drop in retail. Refurbishing existing assets may present significant opportunities to reduce carbon emissions of our portfolio - We took our Parisian asset "M" on boulevard de la Madeleine as a case study. It's under heavy refurbishment in line with our sustainable design strategy. We've implemented a circular economy strategy, prioritized low-carbon materials, innovated in energy efficiency while improving our tenants' well-being. The results?⭐ 🌱 5,000 tons of carbon emissions saved through reuse and low-carbon materials 💚50% reduction in energy intensity 🌍 50% reduction in carbon emissions over the building's life cycle "Chapeau bas" to Alexis DELOM and Louis-Victor Lefèvre, and the entire team for their exceptional efforts!
𝟮𝟬𝟮𝟯 𝘄𝗮𝘀 𝗮 𝘆𝗲𝗮𝗿 𝗳𝗼𝗿 𝗲𝘃𝗲𝗻 𝗺𝗼𝗿𝗲 𝘁𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 🌐 ✨ As investors, we make our living from information. Data is key to everything we do 👩💻 🖥️ The report for 2023 illustrates this well, and you can watch our highlights video on our YouTube channel now, visit our website to read more – or simply dive into the details in the full report below 👇 The report is all about the details, but we interviewed our great colleagues to further explain more about what we’ve done, and why. Tune in to our YouTube channel to see highlights from the report and get to know the topic experts on a deeper level 📽️🤝 #Oljefondet #ResponsibleInvestment #ESG #NorgesBankInvestmentManagement
Guilain, thanks for sharing!
Independent advisor
9moMerci Guilain Decrop for sharing !!