Taking a Proactive Approach to Managing Climate Crisis
A blow from increased novel coronavirus fears sent both financial market and stability into freefall. With the outbreak of the COVID-19 pandemic, daily necessities are becoming scarce because of the fear of supply chain disruptions. We now confront a key question: Is this the new market trend?
Read more A 2050 target but no time to spare!
We are now in a critical period requiring rapid and urgent action to retrofit our buildings in a bid to address climate change. The Paris Agreement set a global imperative to restrict global warming to 2⁰C or below. To achieve this ambition, global greenhouse gas emissions need to reduce rapidly today with developed economies ultimately becoming Net Zero by 2050. We cannot afford to bide our time and cut emissions later.
Read more Trending Now: Impact Investing
Impact Investing 101 Providing access to energy for remote, underserved communities. Repairing infrastructure and buildings to improve resilience against climate-related shocks. Developing skills-based trainings and creating new job opportunities. These are just some of the initiatives that governments, NGOs, non-profits, and philanthropic foundations help finance around the globe each year. But who is to say […]
Read more Scaling Building Resilience in the Face of Climate Change
In 2017 the U.S. experienced devastating storms, fires, and hurricanes that caused over $358 Billion in damages. And for countries and communities around the world, they continue to be impacted by climate change as weather patterns become unpredictable.
Read more Analysis of physical risks related to climate change for Gecina’s real estate office portfolio
Why adaptation to climate change matters to lower the value at risk Buildings, designed to be managed over several decades, are particularly exposed to evolving climate hazards, particularly extreme hazards: heat waves, floods, intense rainfall, storms. Impacts on Gecina’s activity can be physical (damage to the structure or the technical equipment) or functional (deterioration of […]
Read more Innovation to drive down risk
Technological advances have been gathering pace at an astonishing rate, forcing industries worldwide to adapt – the real estate sector is no different. PropTech has one common goal: to innovate, using technology to simplify the real estate market.
Read more Case Study: The Great Energy Reduction Race
This article is part of a series of selected ESG case studies submitted by participants in the 2017 GRESB Real Estate Assessment. “It’s a real win-win when you can use measures to reduce consumption and save resources and still effectively and efficiently deliver required services to your tenants.” – Laura A. Masapolla, Property Manager for […]
Read more 4 ESG Takeaways for the Real Estate Sector from the 2017 GRESB Siemens Spring Conference
The first annual GRESB Spring Conference took place last week at the Crystal in London, hosted by Siemens, and those of us who were there are still processing the many insights and takeaways from the event. The venue was full of inspiring people — attendees, presenters and moderators — all gathered in one place. The combined […]
Read more Sharing Insights from Greengage Breakfast Workshop: Using GRESB to Deliver ESG in Real Estate
Investors increasingly view ESG as a core part of their investment analysis as its link to CFP in terms of reducing risks, improving performance and building reputation is becoming evident. Thus, there is a clear need for companies to embed ESG considerations in their strategy and business practice, as well as communicating this to the […]
Read more Addressing stranded asset risk in real estate investment
The value of assets is vulnerable to factors such as environmental challenges, changing resource landscapes, technological innovation, changes in regulations and liability and evolving social norms. Such changes can result in the devaluation or non-performance of assets, thus making them ‘stranded’. This concept of ‘stranded assets’ has been prominently used to discuss the impact of […]
Read more Climate Change Risk Assessment
Purpose of the project: During 2013, the Goodman Group and the Goodman Australia Industrial Fund (GAIF), jointly undertook a holistic climate change risk assessment in partnership with independent consultants Edge Environment. Edge have been working closely with the Insurance Council of Australia on a similar project for the residential sector. The purpose of the assessment, […]
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