Net Zero is the buzzword in the industry, with the UK becoming the first major economy in the world to pass laws requiring net zero greenhouse gas emissions by 2050. The journey to net zero is an ambitious challenge, but also a wonderful opportunity.
Achieving ambitious sustainability goals such as net zero carbon will require wholesale review of your organisation’s business strategy. We can work with all stakeholders in your organisation to integrate net zero throughout the entire investment process – from acquisition to disposal – and help prepare practical and deliverable action plans that will put you on a pathway to net zero.
EVORA is a proud signatory of the WGBC Net Zero Carbon Buildings Commitment.
The Commitment calls upon business, organisations, cities, states and regions to take urgent, courageous and immediate climate action towards decarbonising the built environment and reach Net Zero operating emissions in their portfolios by 2030, and to advocate for all buildings to be Net Zero in operation by 2050.
Climate risk has real consequences for the way companies are run and how assets are valued. The climate is changing via rising temperatures, sea-level rise, and an increase in frequency and intensity of natural disasters – all of which can impact real estate investment decisions.
EVORA has expert knowledge of climate risk and reporting frameworks such as the Taskforce on Climate related Financial Disclosure (TCFD), and will guide you effortlessly through these important disclosures.
Nature is rapidly climbing the agenda as the consequences of biodiversity loss become clearer for business supply chains and real estate asset values. The TNFD (Taskforce on Nature Related Financial Disclosures) has been set up to facilitate reporting of nature related risks and opportunities in the same format as the TCFD and is expected to be finalised in 2023.
EVORA is closely monitoring the development of the TNFD and building knowledge internally so that we can effectively leverage our extensive experience in applying the TCFD for clients.
Science Based Targets
We understand the diverse nature of real estate and the impact fund strategies have on carbon and energy reduction targets.
By using specialist methodologies and tools, we enable the development of your long-term targets running to 2030 and 2050.
We will work with you to set targets that are ambitious, credible, and achievable.
Our team of consultants are skilled at completing embodied carbon assessments for new developments – and guiding design teams to minimise this large carbon impact for portfolios.
We can identify opportunities to reduce embodied carbon emissions at new developments – and quantify the impact of their progression on your bottom line.