decarbonisation

The opening panel at a conference in Munich posed the question of whether the institutional real estate industry is passing the buck on decarbonisation or just sobering up.

Assets that don't have a clear path to decarbonisation are subject to discounts and more expensive debt finance, but the overall picture is complex and unclear, real estate investment managers said on a webinar hosted by the PERE Network.

There is a 'compelling business case' for sustainability measures – decarbonisation in particular – say GSAM private equity co-head Michael Bruun and head of real estate client solutions Jeffery Fine.

With so many ESG data requests from LPs, one private equity firm is distinguishing between requirements and 'nice-to-haves' – and a portfolio-wide net-zero target falls into the latter camp, a head of ESG says.

The ESG data reporting initiative has added portfolio company decarbonisation plans to the set of metrics it tracks.

Most mid-market companies are yet to spend heavily on reducing emissions, according to a report from Argos Wityu.

The SBTi has become the dominant global body for validating emissions reductions targets.

The bank wants Australia-listed sponsor Cromwell to report on indirect carbon emissions.

One in five investors wants to see more private equity transition products – hopefully the industry will answer this call.

Measuring the impact of the escalating climate crisis on commercial real estate is becoming imperative but the sector is still learning how to do it.