Navigating sustainable real estate: the ongoing ESG transformation

The real estate sector faces increasing demands to significantly change its modus operandi and decarbonise. It has become a priority to drive the sector towards a more positive transformation, which strives to better respond to the ESG criteria. How effective has this transition been so far?

Mazars’ latest report, Navigating sustainable real estate: the ongoing ESG transformation, focusses on the transition from a CSR vision to an operational ESG strategy, and comes at a time of great market uncertainty. Celebrating the power of shared knowledge, thanks to the 15 stakeholders interviewed for the purpose of this report, we aim to share strategic and operational views on ESG strategies implemented in the world of business. The report also stresses the importance of the work carried out by various industry groups, both in terms of understanding the regulations and managing challenges encountered on a daily basis.

Key findings include:

Adopting ESG framework
ESG actions within real estate and construction businesses, or their end-users, are now priorities that can no longer be ignored, as organisations are now rethinking their business models to ensure ESG plays a central role.
“Although time-consuming, it is essential to implement an ESG policy.” Thierry Gaiffe, Managing Director at FIDUCIAL Gérance.
Regulations
Regulation is the key to progress in the real estate sector and players must not only work on mitigating their externalities but also adapt to climate change itself.
“Regulation alone is what moves people.” Virginie Wallut, Research and Real estate SRI Director at La Française.
Tools
The installation of data collection equipment is essential when data is lacking or is not sufficient to meet the Group’s ambitions for the sustainable improvement of its assets.
“Given the volume and importance of the data involved, reporting tools are essential. They enable teams to save time, for example through automated data collection, and to improve data quality and availability.” Clément Jeannin, Group. Director of Sustainable Development at Unibail-Rodamco-Westfield

Download the report here

First name^*

Family name

E-Mail^*

Company name

How did you find us?^*

Message^*

I accept to receive further communications from Mazars

I accept that Mazars will process my personal data for the purpose of handling my request^*

^* mandatory fields

Your personal data is collected by Mazars in Australia, the data controller, in accordance with applicable laws and regulations. Fields marked with an asterisk are required. If any required field is left blank, it will not be possible to process your request. Your personal data is collected for the purpose of processing your request.

You have a right to access, correct and erase your data, and a right to object to or limit the processing of your data. You also have a right to data portability and the right to provide guidance on what happens to your data after your death. Finally, you have the right to lodge a complaint with a supervisory authority and a right not to be the subject of a decision based exclusively on automated processing, including profiling, that produces legal effects concerning you or significantly affects you in a similar way.