Introduction
We partner with a Major Real Estate REIT and Logistics firm with a portfolio consisting of 1000 acres of land, 42 million square feet of buildings and $72 billion’s worth of assets under management worldwide. As an environmentally conscious business, they chose to work with Eight Versa to support their commitments to sustainability and help with their ESG reporting.
The Project
Over the years, Eight Versa has worked successfully on several of the clients projects including BREEAM assessments, Life Cycle analysis and WELL testing for a number of their buildings across the UK. More recently, the client recognised that the EU Taxonomy regulation criteria and the Sustainable Finance Disclosure Regulation (SFDR) are new guidelines that push the boundaries of sustainability disclosure and they wanted to align their European portfolio of assets. They were aware of the level of detail needed and the benefits of introducing these guidelines, and so we worked with their global team residing in the US to help implement these standards into their European operations.
We worked closely with the ESG Data Project Manager to establish definitions and KPIs around the data they needed to collect so that they not only adhered to these requirements but also created real business value. This included several set data points such as:
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Climate change mitigation
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Climate change adaptation
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Climate Hazard Risk assessment
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Human Rights and Responsible Business Conduct
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NZEB (Nearly Zero Energy Building) Requirements per country of operation