Amol Agrawal’s Post

🔊"Bridging the gap between high-performing and underperforming buildings is essential to achieving our global #decarbonisation goals. This report underlines the importance of inclusive investment strategies that unlock capital for the majority of buildings, ensuring that no part of the #builtenvironment is left behind," said Jane Goddard, BRE's Deputy CEO. 🌏 While high-performing buildings have access to green finance and resources, most buildings remain locked out due to a lack of capital. BRE's new report "Building Transition: How to Scale and Finance an Inclusive Transition for the Built Environment," focuses on the 75% of lower-performing buildings that have not yet adopted green building practices. Developed in partnership with the Green Building Council of Australia (GBCA), the Singapore Green Building Council (SGBC), the U.S. Green Building Council (USGBC), and Alliance HQE - GBC France, our new report offers key recommendations to address this challenge. It lays out how to attract capital to this large untapped segment, to ensure that decarbonisation takes place across the entire sector. BRE's new report expands the conversation to ensure financing solutions are inclusive, enabling more building owners to access the funds needed to make significant improvements. Read more here: https://lnkd.in/erW2g2gF #netzero #zerocarbon #sustainable #netzerocarbon #climatechange

Thank you to the Property Funds Association of Australia for yet another insightful event. In particular, the upcoming ESG changes in property are significant: 🌦️ Mandatory climate reporting for certain large entities with a focus on 1) increased transparency and 2) integrating climate related risks and opportunities into business’s decision making. Final standards are coming soon. 🌍 Government is consulting on net zero plans for industry, resources and the built environment which will continue throughout the year.  Emissions associated with operating businesses (e.g. heating, cooling and lighting) and emissions in construction materials (i.e. embedded carbon) are the key focus areas. 🏢 The Commercial Building Disclosure Program is under consultation, with the Government proposing to: - expand NABERS disclosures over the next 3 years to smaller spaces, office tenancies and other kinds of large buildings e.g. hotels, shopping centers and data centers.  To date NABERS has reported a 29% improvement in energy intensity for buildings covered under the program. - introduce minimum energy performance standards (MEPS) over the next 5 years for large buildings. In keeping with overseas trends, buildings that do not satisfy the MEPS may not be able to be sold or leased until they meet the MEPS. 📖 The Sustainable Finance Taxonomy is under consultation to define economic activities / assets that contribute to key sustainability objectives. These intend to make it easier for consumers to identify sustainable opportunities.  The taxonomy should set out how activities need to improve over time to remain classified as sustainable. Businesses subject to these regimes will need to consider the costs and impacts of compliance, such as: 1️⃣ Designing and implementing processes for mandatory climate reporting and / or the government sector strategy. 2️⃣ Preparing and making energy disclosures as well as adapting to consumer sentiment around them. 3️⃣ Potential savings from investing in green buildings and those that are responsive to the grid (to capitalize on renewable surges). 4️⃣ Due diligence on buildings to assess whether they meet the MEPS and rectifying existing buildings to satisfy the MEPS. #PFA #ESG #sustainability #mandatoryclimatereporting #netzero

🔊"Bridging the gap between high-performing and underperforming buildings is essential to achieving our global #decarbonisation goals. This report underlines the importance of inclusive investment strategies that unlock capital for the majority of buildings, ensuring that no part of the #builtenvironment is left behind," said Jane Goddard BRE's Deputy CEO. 🌏 While high-performing buildings have access to green finance and resources, most buildings remain locked out due to a lack of capital. Our new report "Building Transition: How to Scale and Finance an Inclusive Transition for the Built Environment," focuses on the 75% of lower-performing buildings that have not yet adopted green building practices. Developed in partnership with the Green Building Council of Australia (GBCA), the Singapore Green Building Council (SGBC), the U.S. Green Building Council (USGBC), and Alliance HQE - GBC-GBC France, our new report offers key recommendations to address this challenge. It lays out how to attract capital to this large untapped segment, to ensure that decarbonisation takes place across the entire sector. This new report expands the conversation to ensure financing solutions are inclusive, enabling more building owners to access the funds needed to make significant improvements. Read in full here: https://lnkd.in/e73_nPK6 #netzero #zerocarbon #sustainable #netzerocarbon #climatechange

Today, I’m proud to share the release of Building Transition: How to Scale and Finance an Inclusive Transition for the Built Environment, the newest report from BRE and our powerful global alliance of green building organizations.    Together with Green Building Council of Australia (GBCA), the Singapore Green Building Council (SGBC), the U.S. Green Building Council (USGBC), and Alliance HQE - GBC France, we’ve developed strategies to address a crucial challenge: enabling access to green finance for the 75% of buildings still left behind. Our report highlights the importance of making sustainable finance accessible for a truly inclusive transition to #netzero. #sustainablefinance #netzerotransition #climateaction #builtenvironment 

𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴𝘀 𝗥𝗶𝘀𝗲 𝗮𝘀 𝗘𝗨 𝗥𝘂𝗹𝗲𝘀 𝗥𝗲𝘀𝗵𝗮𝗽𝗲 𝗥𝗲𝗮𝗹 𝗘𝘀𝘁𝗮𝘁𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 The push for sustainability in real estate is accelerating as the EU's Energy Performance of Buildings Directive (EPBD) sets higher standards, compelling property owners to improve energy efficiency and reduce carbon emissions. Non-compliance is costly, and properties that don't meet these standards may face restrictions on leasing and selling. 💡 𝚃𝚑𝚎 𝙾𝚙𝚙𝚘𝚛𝚝𝚞𝚗𝚒𝚝𝚢: Sustainable buildings are not just meeting compliance but are rising in market value. Eco-conscious investors and tenants are now actively seeking green-certified properties, which command rental premiums of up to 7%. For real estate owners, investing in energy efficiency is becoming crucial to protect asset value and marketability. 💼 𝚃𝚑𝚎 𝙲𝚑𝚊𝚕𝚕𝚎𝚗𝚐𝚎: Non-compliant properties are at risk. For example, in the UK, about 70% of commercial buildings hold energy ratings of C or lower, requiring significant upgrades by 2030 to avoid financial loss and legal issues. 🏢 𝚃𝚑𝚎 𝚂𝚘𝚕𝚞𝚝𝚒𝚘𝚗: Taking action now is key. Property owners who embrace ESG standards and sustainability technologies for compliance tracking will stay ahead. As EU regulations evolve, adapting to greener practices is no longer optional—it’s essential and it's been implemented all over the world. #ESG #SustainableRealEstate #GreenBuilding #EnergyEfficiency #RealEstateInvestment #EU

Is sustainability still just a buzzword in real estate? 🌍 I recently came across a groundbreaking initiative that’s reshaping our industry’s landscape. In July 2024, a major collaboration among global green building councils launched a comprehensive guide for integrating green bonds and loans into real estate financing. This guide is a game-changer, aligning major building certification systems like LEED, BREEAM, and Green Star with sustainable finance instruments. The goal? To drive the decarbonization of our built environment and meet climate targets. Here’s why this matters: 🏢 Significant Investment: The International Energy Agency (IEA) highlights that buildings account for over 30% of global energy use and a substantial portion of emissions. Retrofitting existing buildings to be more energy-efficient will require a $35 trillion investment by 2030. This initiative provides a clear pathway for securing and utilizing these funds. 📈 Global Impact: This guide isn’t just about finance; it aims to improve occupant health, community resilience, and ecosystem restoration. By standardizing green building practices globally, we’re ensuring that our industry contributes positively to society and the environment. 💼 Industry Collaboration: The alliance between major green building councils from the UK, Australia, Singapore, the US, and France demonstrates a unified commitment to sustainability. This international cooperation is essential for achieving large-scale changes and meeting our climate goals. As #projectdevelopers, #architects, and #investors, it’s crucial to stay ahead of these trends. Embracing sustainable practices isn’t just good for the planet—it’s good for business. How are you planning to incorporate green building principles into your next project? Let’s talk! 🌱🔨🏢 #SustainableRealEstate #GreenBuilding #EcoFriendly #RealEstateDevelopment #Sustainability #LEED #BREEAM #GreenStar #FutureOfBuildings #RealEstateInvesting

As the world focuses more on sustainability, the real estate sector needs to adapt to new rules and expectations. The Taxonomy Regulation and the Corporate Sustainability Reporting Directive (CSRD) require detailed reporting on sustainability practices. Right now, this applies to the largest property owners, but by 2025, mid-level property owners will also need to comply. Key regulations like the Energy Performance of Buildings Directive (EPBD) aim to reduce emissions through renovation and new construction. The new Construction Products Regulation (CPR) sets ambitious targets, such as renovating the worst-performing non-residential buildings by 2030 and achieving a 26% improvement by 2033. Here are 5 steps to tackle ESG in real estate by Colliers Baltics Sustainability expert Liga Horsta Reach out for more details! Read more: https://lnkd.in/d9d9Cwya #ColliersBaltics #ESG #Sustainability #realestate

Green leases are no new topic. Since EU sustainable finance regulations and other regulatory frameworks kicked in, Green (ESG) leases have become more and more common to use. With members of Dentons Europe Real Estate ESG task force covering 15 jurisdictions across Europe we have been compiling some notes on green leases across some of these jurisdictions, see below. #greenlease #esglease #esgrealestateesgtaskforce

🔊"The green building community has proven that buildings can accelerate global #decarbonisation. Increasing the flow of capital to buildings and portfolios delivering these outcomes is essential to expanding the scale and impact of this work" - Peter Templeton, U.S. Green Building Council CEO. BRE joins U.S. Green Building Council and Green Building Council of Australia to form industry-first alliance, bringing together the green building certifications of each organisation - BREEAM Official, #LEED and #GreenStar. With this new alliance focusing on reducing #greenhousegas #emissions, while coupling the financial sector’s rising #ESG obligations with demands to #retrofit the #builtenvironment, read more in #CanadianPropertyManagement: https://lnkd.in/eyfXiZ_R Davina Rooney Gillian Charlesworth

🔊"We believe that scalable, context-specific solutions—backed by robust data, strong policies, and global standards—are key to transforming the #builtenvironment and meeting the urgent challenges of #climatechange," said Jane Goddard, BRE Deputy CEO. 📁 New report, "Building Transition: How to Scale and Finance an Inclusive Transition for the Built Environment" argues most buildings are locked out of green finance and resources due to a lack of capital. BRE has joined an alliance of Green Building Council of Australia, the Singapore Green Building Council, the U.S. Green Building Council and Alliance HQE - GBC to publish the report and help underperforming buildings unlock investments to help them #decarbonise. Read more in ThisWeekinFM: https://lnkd.in/euP7zwJ9 #construction #sustainablefinance #climatecrisis #netzero #zerocarbon