{"id":13488,"date":"2023-02-01T16:52:00","date_gmt":"2023-02-01T15:52:00","guid":{"rendered":"https:\/\/velmaesg.com\/?p=13488"},"modified":"2023-02-07T09:22:05","modified_gmt":"2023-02-07T08:22:05","slug":"crrem-analysis-and-esg-reporting-in-real-estate","status":"publish","type":"post","link":"https:\/\/velmaesg.com\/en\/crrem-analysis-and-esg-reporting-in-real-estate\/","title":{"rendered":"CRREM analysis and ESG reporting in real estate"},"content":{"rendered":"

In today’s article you will learn:<\/span><\/span><\/p>\n

\ud83d\udd39 Why won’t you prepare individual indicators in the ESG report for the real estate industry without the CRREM methodology.<\/span><\/span><\/p>\n

\ud83d\udd39 How to combine the emission risk monitoring methodology with the ESG report.<\/span><\/span><\/p>\n

\ud83d\udd39 Why the real estate sector will use the CRREM methodology.<\/span><\/span><\/p>\n

 <\/p>\n

1. Let’s briefly explain the basic concepts<\/strong><\/h2>\n

 <\/p>\n

Start from CSRD first.<\/strong>
\nCSRD Corporate Sustainability Reporting Directive is a Directive introducing an obligation in the field of non-financial reporting for enterprises throughout the EU.
\nThe rules will come into force in the years 2024-2028, but this is the last moment to start preparing for reporting, data collection and, above all, knowledge that is lacking in the field of ESG – especially in the areas of energy, gas emissions and waste.<\/p>\n

What will change:
\n\ud83d\udd38 From 1 January 2024, for large public interest companies (with more than 500 employees) already covered by the Non-Financial Reporting Directive, with reports until 2025.
\n\ud83d\udd38 From January 1, 2025, for large companies currently exempt from the Non-Financial Reporting Directive (with more than 250 employees and\/or EUR 40 million in turnover and\/or EUR 20 million in total assets), reporting until 2026.
\n\ud83d\udd38 From January 1, 2026, for SMEs and other companies listed on the stock exchange, with reports until 2027. SMEs can resign until 2028.<\/p>\n

It seems that there is still a lot of time for some companies, but I know from experience that the first reports of companies can be prepared for almost a year (prosaic reason: lack of data, resources, knowledge within the organization and data flow processes).<\/p><\/blockquote>\n

Time for the CRREM methodology.<\/strong><\/p>\n

We encourage investors, financial institutions, corporates and asset managers to join the initiative and commit to assess and disclose their GHG emissions associated with their real estate portfolio according to the CRREM pathways. CRREM is open to any interested stakeholders and aims at further growing the number of commitments to the pathways. CRREM resources can support stakeholders in many ways (CRREM, GRI<\/a> Source):<\/p>\n