Key Insights from the GRESB EMEA Regional Results Event Panel Discussion

At the recent GRESB EMEA Regional Results Event, Paul Sutcliffe, Executive Director and Co-Founder of EVORA Global, led an insightful panel discussion with sustainability leaders Natalie Sinha from UBS Asset Management (UBS AM), Hannah Brown from Hines, and Emma Williamson from M&G. Together, they shared insights on how to effectively integrate ESG practices across real estate and infrastructure.

Here’s a look at the key takeaways from their conversation:

1. Decarbonisation and Net-Zero Goals

Net-zero is a pressing priority, with investors demanding real decarbonisation efforts, and a focus on investing into climate solutions. Net-zero audits, renewable energy, and tenant engagement were highlighted as critical steps toward carbon resilience in real estate.

2. Data Transparency and Risk Management

Data quality remains vital for measuring sustainability performance. Panellists discussed strategies for improving data accuracy through sub-metering and data assurance, essential for risk mitigation as climate impacts and energy costs directly affect asset value.

3. Financial materiality for Infrastructure

The infrastructure sector is very varied in terms of subsectors, and so it is important to focus on the most financially material sustainability issues. For example, energy storage, transport, fibre and data centres all have very different sustainability considerations. ISO standards, like ISO 14001, provide a helpful sustainability framework across subsectors.

4. Climate Risk and Resilience

The transition to a lower carbon economy is well underway in most places in the world. Panellists noted that physical climate impacts are already here, pointing to rising insurance costs, storms, flooding, heatwaves, and extreme cold. Managers are focusing on resilience by conducting thorough climate impact assessments, and analysing the risks and opportunities related to the transition. One key issue is improving grid infrastructure.

5. Incorporating ESG from the Start

The panel stressed the importance of integrating ESG early in the investment process. Hines uses a proprietary toolkit for ESG due diligence, while M&G’s lifecycle approach aligns sustainability with key investment decisions, optimising refurbishments and energy efficiency. UBS AM is focusing on sustainable thematic infrastructure investments and climate solutions.

6. Beyond the Asset: Community and Policy Integration

The importance of connecting real estate assets with local infrastructure was a key theme. Integrating district energy systems and renewable energy into developments is increasingly common.

7. Streamlining Reporting

The ever increasing volumes of ESG reporting remains a concern, with panellists advocating for simplified frameworks that enable teams to focus on impactful sustainability actions and innovation that drives real world impact.

Final Thoughts

The panel underscored the need for robust collaboration between investors, asset managers, and policymakers. As GRESB and similar benchmarks evolve, the focus on innovation, data integrity, and performance tracking will help drive the industry towards more sustainable outcomes.

EVORA remains committed to advancing these conversations and supporting our clients as leaders in sustainable investment. Contact us to learn how our tailored solutions can support your ESG goals in alignment with industry best practices.