London, 31st May 2023 - BNP Paribas Real Estate today announced the launch of its sustainability framework offering, an integrated and holistic service which supports its clients in achieving and monitoring its multiple ESG targets.
The framework is an organisational solution for achieving multiple sustainability goals at once and can be applied at asset or portfolio level. It considers sustainability targets, fund strategies, and the buildings themselves to create an optimised set of upgrades over the span of an assets lifecycle.
This includes support with project managing the implementation of the upgrades, as well as collaboration and engagement with occupiers to meet several sustainability targets such as MEES, net zero or other initiatives including NABERS at once, as well as continual governance monitoring.
Donna Rourke, head of ESG and sustainability at BNP Paribas Real Estate commented: “The real estate sector has been heavily focusing on MEES legislative changes of late, however, it’s important to note that this does not future proof against energy costs or emissions. We know occupiers will be looking for energy efficient buildings in the future, based on use, not just on EPC.
"To futureproof, we have developed this framework to continually map the pathway to comply with legislation and track the route to net zero. This integrated and holistic approaches aims to remove barriers and lean on the right built environment professionals at the right time.”
As part of the BNP Paribas group, BNP Paribas Real Estate advise some of the world's largest investor, funds and corporate occupiers on ESG strategies to help them plan successful and sustainable futures for their real estate assets and portfolios.
With its 100 person strong ESG and sustainability team, it can help properties push the boundaries with innovative, integrated and bespoke solutions to enhance the sustainability performance, occupier engagement and social and economic value of your buildings.
