More broadly, the subject of ESG (Environmental Social Governance) is becoming increasingly important in the real estate sector. Across the globe, governments, organisations and individuals are pushing to reduce their carbon footprint. This drive has been particularly helped by new regulations and policies.
ESG applied to real estate
For a building or a real estate fund, the environmental component of ESG strategies often focuses on reducing energy consumption and therefore CO2 emissions. This involves carrying out an energy audit to identify high-energy consumption items and areas for improvement. For office buildings, the social aspect focuses particularly on the well-being and comfort of the building's occupants by encouraging soft mobility, offering adapted services and activities around the common areas, and ensuring accessibility for all.
Using data for the benefit of occupiers
In order to better improve how equipment is managed and to help support our approach to reducing energy consumption, there is a real need to share an optimal amount of data with tenants. This does however present a certain challenge as the sharing of data is still an aspect that the main consumers of energy are reluctant to take part in.
Data in the real estate sector: a vital tool for ESG investment
Using data and better integrating it into investment activities can help companies achieve their carbon reduction goals. There is a growing demand for qualitative and quantitative data related to ESG integration, which will allow companies to understand their impact on the environment and as such, make strides to improving it.