Compliance
Beyond Bricks – Navigating Sustainability Risks in Commercial Real Estate for Maximum Value
Environmental, Social, and Governance (ESG) is taking a real battering right now. The Wall Street Journal even labelled it the “latest dirty word in corporate America.” Although this characterisation is debatable, it’s clear that the commercial real asset market is increasingly cautious about where and how to invest in sustainability outcomes. During and shortly after…
Read MorePRI Reporting Window Opens for 12 Weeks from 2 May
The United Nations-supported Principles of Responsible Investment (UN PRI) is an international network of financial institutions working towards the common goal of ‘developing a more sustainable global financial system’. With over 5,300 signatories adopting the UN PRI’s 6 Principles of Responsible Investment, the organisation supports companies across the globe in incorporating environmental, social and governance…
Read MoreSEC Climate Disclosure Ruling – Scope 3. A Missed Opportunity
Just when it seemed the Securities and Exchange Commission (SEC) had gone cold on their draft climate-related disclosure rule, it has been resurrected, albeit somewhat milder than initially touted. The exclusion of mandatory reporting of Scope 3 emissions (those associated with a firm’s value chain) is a significant step down from the original text –…
Read MoreKey Drivers of Sustainable Finance in 2024
Sustainable finance has been driven by bottom-up pressure from consumers and employees, top-down pressure from governments and regulators, and from the market itself which is realizing both the need for and value of sustainability in asset management. With the intersection of these pressures, the appetite for sustainable finance has grown. According to PWC, the sustainable…
Read MoreTop 5 ESG Trends in Nordic Real Estate
The Nordics have a reputation of being some of the most sustainable (and happiest!) countries in the world. This is no exception when it comes to commercial real estate as many look to the Nordics as a leading example when it comes to how they can improve sustainability within their own portfolios. With EVORA’s recent…
Read MoreCSRD Goes Further in 2024
I’m sure by now you’ve heard about the new kid on the ESG reporting block – the Corporate Sustainability Reporting Directive, or CSRD. The CSRD was recently adopted by the European Commission as part of the European Green Deal to take over from the Non-Financial Reporting Directive (NFRD). It is a piece of legislation providing…
Read MoreEVORA Global Attains ISO 27001 Certification: Elevating Information Security to New Heights
Setting the Stage In the dynamic landscape of global business, safeguarding sensitive information is not just a best practice – it’s an absolute necessity. As an organisation that processes vast amounts of data for our clients worldwide, EVORA Global recognises the critical importance of maintaining a robust information security management system that not only meets…
Read MoreDon’t forget to renew your heat network registrations.
Under the Heat Network (Metering and Billing) Regulations 2014; organisations must ensure that heat networks remain registered. There is a requirement to renew every 4 years. For most organisations this deadline will be 31 December 2019. About the Heat Network Regulations A heat supplier obligated under the regulations is defined as a person (or organisation)…
Read MoreHealth and Safety: The legal risks of ignoring it on small projects
Despite having been introduced four years ago, there is still limited understanding in the building services sector of the Construction (Design and Management) Regulations (CDM 2015) and the new obligations it has placed on building owners. The 2015 regulations switched the balance of responsibility for health and safety from a CDM co-ordinator (a role which…
Read MoreLondon Plan: Generating your own electricity in London just became less attractive
The London Plan, which dictates all planning and development in the capital, is currently undergoing a major rewrite but many in the sector are unaware that some significant changes and adjustments have already come into force. In October last year, the Greater London Authority (GLA) published updated Energy Assessment Guidance which applies from January this…
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