Data coverage & stakeholder engagement – a perfect marriage
We all need to use less energy and hopefully even achieve net-zero carbon or at least be Paris Proof. The impact of real estate on climate change is real and needs to be reduced. But besides this big reason, there are other valid justifications to reduce energy usage in the short term.
If you use less energy, you will have lower operational costs. A portfolio that uses relatively low amounts of energy, has good data coverage and engaged stakeholders, will score higher on GRESB. Because of this, it is more attractive to investors. And lastly, you might already be doing pretty great. If you want to know for sure, you need the right data collection. But how will everybody else know? By engaging stakeholders to your sustainability commitments, you will be able to share your successes and go on a journey together towards an even more sustainable portfolio.
While some parties choose to go deep into the data, others find out that they’ve hit a wall – they either can’t access the data because it’s owned by other parties, or they feel like their savings are plateauing. We’ve discussed this stalemate in a previous whitepaper on the circle of blame.
To run a sustainable portfolio and get all the energy reduction benefits mentioned above, you will need to combine good data coverage and quality stakeholder engagement. Not combining those is a waste of investment money.
For this whitepaper, we interviewed experts Sarah Ratcliffe (Better Buildings Partnership) and Luc van de Boom (Cooltree) about their views on data coverage and stakeholder engagement.
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