COP28 Agreements and EVORA Reflections

COP stands for Conference of the Parties and it is the world’s biggest climate meeting. The supreme decision-making body of the Convention has representation from all States that are signatories (or Parties) to the United Nations Framework Convention on Climate Change (UNFCC). They have the duty to assess the effects of the measures introduced to…

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GRESB Infrastructure Results Event Panel Discussion Summary

The GRESB Infrastructure Results Event for 2023, co-hosted by EVORA Global and held at the UBS offices in London, provided a platform for in-depth discussions on the current state and future trajectory of ESG reporting within the infrastructure investment landscape.   Cathy Granneman from GRESB presented key insights into the 2023 GRESB Infrastructure results, setting the…

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Sustainability Disclosure Requirements (SDR) – EVORA Insights

New sustainability disclosure requirements (SDR) and a labelling system for investment products have been released by the UK’s Financial Conduct Authority, with some requirements set to take effect as soon as 2024. Context On November 28th 2023, the Financial Conduct Authority (FCA) released the long-anticipated Sustainability Disclosure Requirements and investments labelling system. The regime has…

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How physical climate risk can impact the value of your real estate assets

Understanding physical climate risk is crucial to make the transition towards a sustainable and resilient infrastructure for your assets. We spoke to Phil Fieldhouse, a Senior Sustainability Consultant at EVORA Global, to gain insight into how physical climate risk impacts asset value and what actions real estate players can take to safeguard their investments in the long…

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Roundtable: the “gap” between real asset valuations and investment value

In March, EVORA Insights’ fourth roundtable focused on integrating climate risk into real estate asset valuation and assessing investment value. The discussion was more diverse than just technical adjustments to acquisition models and IC memos. Our clients’ focus on achieving actual net mitigation and adaptation, rather than simply de-risking an investment or portfolio, was striking.…

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The case for ESG in Real Estate Debt

Over the preceding decades, ESG has morphed from a niche add-on to a core part of any sensible investing strategy. Indeed, Standard Chartered estimates that $1 in every $4 is now invested in ESG. As ESG increasingly factors into investment decisions across the market, the case for real estate debt to consider ESG risk grows.…

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Climate Risk Readiness White Paper

1.   Why is climate change such an important investment risk for investors in real estate & infrastructure? A summary of the factors driving change in the real asset markets. In early 2020, before the pandemic hit, BlackRock’s Larry Fink called out the fact that “Climate Change is Investment Risk”. Three paragraphs of his annual letter…

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Addressing the social impacts of climate change: What if we unlocked the social value hidden in the UK’s industrial and logistics assets?

In the discourse on social value and the built environment, we most often hear about infrastructure, multi-residential developments, and office spaces. However, 15% of the UK’s real estate market value is held in logistics and industrial parks [1]. These sites support many business types, with e-commerce businesses now taking up a larger proportion of tenants…

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Seeing the Value in Real Estate Supply Chain Sustainability

Do the companies you partner with – your supply chain – understand your approach to ESG issues, and can work with you to meet your goals? Supply chains can often be global, highly complex and of significant scale. Historically, technical quality, cost-effectiveness, speed of delivery and reliability has been the focus. Sustainability has now been…

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