{"id":11238,"date":"2023-11-17T14:11:46","date_gmt":"2023-11-17T14:11:46","guid":{"rendered":"https:\/\/cfp.nl\/?p=11238"},"modified":"2023-11-20T09:17:10","modified_gmt":"2023-11-20T09:17:10","slug":"crefc-autumn-conference-cfps-roundtable-discussion-on-data-and-sustainability","status":"publish","type":"post","link":"https:\/\/cfp.nl\/en\/news-and-cases\/crefc-autumn-conference-cfps-roundtable-discussion-on-data-and-sustainability\/","title":{"rendered":"CREFC autumn conference: CFP’s roundtable discussion on data and sustainability"},"content":{"rendered":"\n
CREFC’s autumn conference was held in London on 8 November. CFP has long worked with the UK trade association for the commercial real estate finance industry. Colleagues Bram, Joris, Olivier and Andres attended the conference, where they participated in a roundtable discussion on ESG, real estate sustainability and data. At the table were consultants, bankers, real estate owners and building users, all faced with legislation and sustainability goals.<\/strong><\/p>\n\n\n\n Together with partners including David Stephens of HSBC \u2013 with whom we launched the Green Buildings Assessment Tool in the UK \u2013 the perks and flaws of data were discussed. Bram Adema presented the Green Buildings Tool as a solution to many of these challenges. In this article, we bring you up to speed. <\/strong><\/strong><\/p>\n\n\n\n Data is key<\/em> in real estate sustainability. However, collecting the required data is complex and creates problems for all parties, as the roundtable discussion revealed. The Green Buildings Tool <\/a>makes data collection far easier. At both building level and portfolio level, much of the required information can be obtained quickly and easily. But the Green Buildings Tool not only provides data, but also supports the actual sustainability of buildings. In the tool, quick wins are immediately visible, offering a great deal of added value for real estate investors and building users who are not always familiar with technical installations and their potential. This turns a complex process of data collection and comparisons into a quick and easy decision that can be recouped in the short term. CFP project manager Joris Kok: “The Green Buildings Tool actually works as a leading indicator by showing which buildings and which measures are best to focus on first.”<\/p>\n\n\n\n Also at the table was David Stephens, Head of Real Estate Finance at HSBC, who noted that the tool is also useful in identifying risks. Risk assessments are essential when applying for finance to purchase real estate or to make it more sustainable. The Green Buildings Tool provides quick insight into the sustainability status of buildings. Are they in bad shape with an unfavourable EPC, for example? If so, they are more likely to eventually become stranded assets and can no longer be leased or used. This brings greater risks in issuing a loan. Conversely, if a building scores well, there are more opportunities for a green premium.<\/p>\n\n\n\nThe challenge of missing data<\/h2>\n\n\n\n
Hedging financial risks<\/h2>\n\n\n\n