Data play a crucial role in sustainability reporting and are essential to measure and communicate the progress and impact of sustainability initiatives. We are therefore increasingly receiving requests from banks and municipalities to provide data. What can they do with the right data and which data are important? Read about it in this article.
Both banks and municipalities face increasing reporting requirements and seek compliance with more and more frameworks. Why? Because it provides tremendous insight. With the right data, they can make real estate more sustainable and assess risks at portfolio level.
But which data are important? Jarno Schimmelpennink, Lead Product Developer at CFP: “To make a good report or risk analysis, having the right data is crucial. We obtain some of these data, e.g. EPCs and building user characteristics, from public sources. We then enrich those data with our own experiences and algorithms. As a result, we can now provide some 60 to 80 data fields per object, such as building data, but also measures to be taken with a business case, carbon emissions and the degree of climate change adaptation.”
Data form the basis for sustainability reports and communication with stakeholders, including investors, customers and society. Jarno explains: “Many customers want to know about the situation for their entire portfolio. This started with the energy label C minimum requirement, but now it is also very important to know the PCAF and CRREM score of your entire property portfolio. Through the data we provide, customers can map this out properly and report on it in, for example, annual reports.”
It is increasingly common for companies to have specific sustainability targets, e.g. energy neutral or Paris Proof. Therefore, CFP can also provide data with scenarios for each target. And because we operate in a growing number of countries, more and more countries can be added to the Green Buildings Tool. This also makes it possible to compare portfolios from multiple countries.
Jarno: “A great example is the Sustainable Real Estate Roadmap, which we developed especially for Dutch municipalities and public authorities. This allows relevant data to be retrieved per district or per municipality that are needed to further improve sustainability and remain compliant with European legislation.”
Data make sustainability accessible. They provide the information needed to set targets, measure progress, uncover risks and communicate sustainability efforts, which is essential to achieve a positive impact on the environment and society. CFP can provide those data via the Green Buildings Tool, as well as via APIs or as separate data delivery. Do you want to know how we can help you obtain the right data? If so, please contact us.