Redaptive, Inc’s Post

Exciting update for sustainability in real estate assets from Preqin ESG Solutions!

Swiss Life Asset Managers is committed to reducing the carbon intensity of its proprietary real estate portfolio by 20% by 2030 compared to 2019.     To achieve this, the Climatch centre of excellence was established. Climatch is dedicated to advancing the decarbonisation of real estate through integrated energy solutions. By doing so, it counteracts the declining value associated with properties emitting high CO2 and offers a state-of-the-art solution to help achieve corporate sustainability goals and regulatory requirements to reduce real estate related greenhouse gas emissions.    👉 Learn more in our Responsible Investment Report 2023: https://lnkd.in/emcY8PnK #RealEstate #Decarbonisation #Climatch

Helping investors allocate, and real estate organizations improve access to capital based on #sustainability performance is what gets us to sustainable real estate and better overall markets. Great to work with Preqin on this! If you want to improve access to capital, please get in touch with us both.

Beyond the need for a digital-first approach and integrated digital systems to enhance asset performance—whether financial, operational, or ESG—I took away several key insights from the executive lunch session with leading real estate developers and property managers at the PROVADA 2024 event. Here are the top 5 take aways: 1. Attention is moving from listed equities to real estate for net-zero efforts due to its significant carbon footprint from construction materials and heating needs. 2. Real estate investments are increasingly incorporating detailed ESG data for better sustainability performance, with frameworks like GRESB evolving towards outcome-focused and property-specific assessments. 3. Measuring Scope 3 emissions from tenant spaces is improving with advanced metering, but landlords need to incentivize tenants to reduce energy use, preferring energy metrics over complex carbon accounting. 4. Challenges with inconsistent policies and regulations. 5. Investor concerns around the high demand for green buildings and the unclear medium-term cost-to-benefit ratio of retrofitting them for increased rental and asset value. Sorry for the background noise and my sore throat :D #ESG #Sustainability

🔴 A new analysis by S&P Global of 2,700 companies' emissions shows we're far off track from #netzero targets. Across sectors, #emissions are rising 1% per year but 6% annual cuts are needed. The biggest laggards are #utilities, #healthcare and #communication services. Ironically, just a few years ago, the lack of #data was blamed for #climate inaction. Now at least we have the data documenting our failure to transition energy systems. #marketingcommunication #emissionsreduction #article8 #esg #esgdata #climatetransition The Leonie and Norman Institute is linked to the Trium Sustainable Innovators (“TSI”) portfolio management team, which is part of Trium Capital LLP. TSI views and opinions may not necessarily represent the views of Trium Capital LLP.

Measurabl is thrilled to announce its partnership with Preqin, as featured today in Tech.eu, to create the first global dataset for real estate carbon and energy metrics. Together, we will deliver precise carbon emission and energy usage estimates, alongside green building certificates for private real estate assets. By merging our real estate sustainability expertise with Preqin’s comprehensive real estate transaction database, we are bridging a critical gap in ESG data solutions for real estate assets. We look forward to working with Preqin to create a new standard for accountability in our industry. Measurabl’s CEO, Matt Ellis, commented, “This new partnership brings unparalleled transparency to real estate sustainability, leveraging Measurabl’s timeliness, granularity, and auditability of data, along with a consistent and comparable machine learning approach, to deliver accurate insights previously available anywhere else.” Read the full story below: https://lnkd.in/gFf238g6 & on our site here: https://lnkd.in/gFcYCXZW #Measurabl #Preqin #ESGdata

🔴 A new analysis by S&P Global of 2,700 companies' emissions shows we're far off track from #netzero targets. Across sectors, #emissions are rising 1% per year but 6% annual cuts are needed. The biggest laggards are #utilities, #healthcare and #communication services. Ironically, just a few years ago, the lack of #data was blamed for #climate inaction. Now at least we have the data documenting our failure to transition energy systems. #marketingcommunication #emissionsreduction #article8 #esg #esgdata #climatetransition The Leonie and Norman Institute is linked to the Trium Sustainable Innovators (“TSI”) portfolio management team, which is part of Trium Capital LLP. TSI views and opinions may not necessarily represent the views of Trium Capital LLP.

Only a few more weeks to go until Westbridge Advisory is back at #MIPIM. The agenda for our team is clear: focus on the issues that matter most to the real estate industry right now – energy supply and sustainability strategies.

I'm going to repeat the conclusions of Leaders of the Urban Future (#LOTUF) as I share with you this 🙌 exciting announcement about Measurabl’s partnership with Preqin where we’ve created transparency in private #realestate - the largest and most opaque component of real estate markets - by delivering scalable and reliable access to high quality, metric-level #ESG data on real assets. Here's what LOFTUS said yesterday in their post ( 👉 https://lnkd.in/eJ92aJeH) which we enthusiastically support. I made two key adjustments - *emphasized* below - which is my own take on the way forward. ---------- LOFTUS 👉 https://lnkd.in/eJ92aJeH ---------- 🔑 How do we unlock the low-carbon real estate market? 🔎 We need a market where carbon and energy data are shared and used like financial data to inform decision-making. Transparency on actual asset performance and clear 1.5°C-aligned or better targets enable the market to properly identify, price, and ask for low-carbon buildings and portfolios. 🤝 Investors can play a key role in delivering this through (1) stimulating demand for transparency; (2) ---------> *driving to performance metrics, not proxies*; (3) facilitating data sharing; and (4) advocating for policy. 🏗 Transparency is ---------> the *closest thing we have to a* silver bullet, and a crucial part of unlocking the low-carbon real estate market, helping investors deliver better, lower-carbon buildings whilst creating and preserving value. 📋 These are the conclusions of the real estate investors behind the Leaders of the Urban Future (LOTUF) collective action project: ATP, BlackRock, HOOPP (Healthcare of Ontario Pension Plan), Ivanhoé Cambridge, Norges Bank Investment Management, Pictet Group, Urban Partners, and Victory Group. Nina Galbiati Pauline Diminutto Katherine Sherwin Systemiq Ltd. Vincent van Bijleveld great work! To our industry, this is part of a new, better way to access reliable ESG data. Stay tuned for more BIG announcements from Measurabl next month on how we will unlock data at scale :-)

The decarbonisation of the built environment is an important component of the global net zero agenda. Pilar Banegas Muñoz, a Partner in InfraRed Capital Partners Ltd’s Fund Management team, outlines some of the investment opportunities that makes this an interesting space for infrastructure investors.   In particular, she highlights the interplay between the decarbonisation of energy, the use of digital solutions for key building systems and new technologies to store energy and to heat buildings.   Read Pilar’s views below or click here: https://lnkd.in/eb2XzaYu   #decarbonisation #infrastructure #investmenttrends