Let's Chit-Chat: Vincent Bryant and Volker Stix
Embracing Sustainability in Real Estate with Tech Solutions and Advocating for a Unified Energy Certificate
wbr Frankfurt
"Decarbonisation efforts are now underway"
The world of ESG (Environmental, Social, and Governance) criteria has undergone a notable shift these days. What once seemed like an optional bonus feature is swiftly becoming a pivotal factor in real estate investment decisions. Changes in data availability, regulatory pressure, and investor awareness have all played a significant role in this transformation.
Vincent Bryant and Volker Stix, industry experts, recently sat down for a chat to discuss these very topics.
European countries are pressing harder for ESG excellence. In fact, Volker Stix, Catella Manager, plans to leverage ESG data from Deepki to foster greater sustainability in real estate ventures.
In the past, ESG criteria were considered nice-to-have; the new normal is different. Regulations, risk factors, and investor preferences are all pushing change in the real estate sector. However, a lack of standardization and poor data quality have hindered implementation. Fortunately, technological solutions can help bridge this gap.
By Wolf Brandes, Frankfurt
Smart Technology and Greener Real Estate
The real estate sector is embracing technology to tackle the challenges of standardization and data quality. Here's a peek at some key areas where technology is making a significant impact:
- Advanced Data Collection and Analysis: Innovative technologies such as blockchain, AI, IoT, and cloud computing are reshaping how we collect, process, and analyze ESG data, offering greater transparency and actionable insights.
- Streamlined ESG Reporting and Collaboration: Platforms like Alasco unify teams involved in ESG, assets, and portfolios on a single platform. They facilitate real-time insights, ensure faster due diligence, and improve collaboration throughout a transaction's lifecycle.
- Enhanced Data Quality and Regulatory Compliance: Shipshape technological integration enables companies to identify and manage climate risks, regulatory risks, and stranding points, ensuring better risk management and regulatory compliance.
- Smart Buildings: Properties that embrace smart technologies and energy-efficient solutions are more attractive to environmentally conscious investors and align with growing consumer demand for sustainable living.
Technology is enabling real estate projects to move beyond simple compliance with ESG criteria and instead create value through sustainable, efficient, and responsible developments.
Some relevant insights:
- Global initiatives like CRREM (Climate-Related Real Estate Monitoring Framework), SFDR (Sustainable Finance Disclosure Regulation), and MEES (Minimum Energy Efficiency Standards) are shaping regulatory requirements for real estate transactions.
- By harnessing technology, leaders in the real estate sector are taking decisive action to secure better transactions, make informed decisions, and ensure compliance with important global standards.
- Seamless collaboration, robust due diligence, and efficient data management are crucial factors driving the success of real estate projects in the increasingly competitive ESG landscape.
- In the rapidly evolving world of environmental, social, and governance (ESG) criteria, experts like Vincent Bryant and Volker Stix are leveraging advanced technology, such as data collection and analysis through blockchain, AI, IoT, and cloud computing, to tackle standardization and data quality issues in real estate.
- To make real estate more sustainable and attractive to investors, industry leaders like Volker Stix, Catella Manager, are embracing technologies for smart buildings, ensuring energy-efficient solutions and compliance with global regulatory standards like CRREM, SFDR, and MEES, while creating value through sustainable, efficient, and responsible developments.
