Around 36% of global energy use and 39% of energy-related carbon dioxide emissions are accountable to the global buildings and construction sector according to the IEA Global Status Report (International Energy Agency). For improving the energy consumption of properties, the real estate industry has to increasingly address the mitigation of direct and indirect emissions resulting from the construction phase of new buildings or refurbishments, and where applicable, from the dismantling at the end of the economic useful life. Due to the low refurbishment rates in the existing European stock and the specific requirements due to climate change, any increase of energy efficiency requires more energetic retrofits in the existing property stock to reduce the carbon footprint.

CRREM Risk Assessment Tool Pilot Version

March 24, 2020
CRREM Risk Assessment Tool Pilot Version

Latest news

CRREM Press Release

CRREM has released the decarbonisation pathways for the global real estate sector that are now available for public consultation and has finalized the CRREM tool to help identify and manage transition risks for individual assets. CRREM provides the industry with global decarbonisation pathways for 28 countries in Europe, North America and Asia-Pacific for the different asset […]

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Google’s tool ‘Environmental Insights Explorer’ is now available in Europe

Google created a tool to help cities to measure their pollution and their emission levels. The tool, which was available in the US, shows now information about Birmingham, Manchester and Dublin. In the future, other European cities like Wolverhampton, Coventry and Copenhagen will appear. The Environmental Insights Explorer (EIE) offers data about: building emissions transport […]

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IETA Annual GHG Market Sentiment Survey 2019

The ‘GHG Market Sentiment Survey 2019’ made by the members of the International Emissions Trade Association (IETA), has asked several participants of the trade emissions market, about their expectations regarding the emissions level and their prices. Most of the surveyed answered that they expect an increase in the emissions prices, but they think this will […]

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Latest Reports

Report No. 2: Carbon Risk Integration in Corporate Strategies within the Real Estate Sector

Published: 11/12/2019   SECTION A: From ‘Carbon Risk’ to ‘Carbon Strategy’ SECTION B: Strategic management of carbon risk at corporate level SECTION C: Carbon risk integration in Real Estate portfolios SECTION D: Evidence based decision-making to inform corporate Real Estate decarbonisation strategies SECTION E: Analysing the impact of regulation on corporate carbon strategies SECTION F: […]

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Report No. 1: Stranding Risk & Carbon

Published: 28/03/2019 DOI: 10.13140/RG.2.2.28625.99681 SECTION A: CRREM – Reducing carbon risk in the real estate sector SECTION B: Policy efforts to reduce global warming SECTION C: Setting targets for the real estate sector SECTION D: Carbon counting and risk mitigation strategies

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Executive Summary

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Reducing Carbon Risk

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Carbon targets and policies