There’s a growing interest in green building certifications and making buildings more sustainable. A study by PwC shows that automation and smart software could help property managers and real estate investment funds Paris-proof their building portfolio.
80% of investors have incorporated ESG goals
More and more institutional investors are recognising the importance of having a long-term vision on sustainability. At least 80 per cent of these property investors have incorporated ESG goals (Environmental, social and corporate governance) into their strategies.
Not only do these investors want to weigh their long term investments, but green building certifications also help reduce risks for these investments.
The gap between ESG reporting
It turns out, however, that there’s a GAP between the information that investors and (real estate) companies are looking for. Investors want detailed reports to make risk assessments across portfolios, whereas (real estate) companies are delivering inconsistent information on their ESG goals and outcomes.
Smart software
Automation and smart software could help streamline this information exchange. For example, hello energy helps make the sustainability performance of your building portfolio more insightful by visualising the outcomes. With the benchmark feature, you can compare your buildings to the (inter)national industry standards or to similar buildings.