Sustainability
EPRA supports the transition towards a sustainable built environment promoting sustainability reporting and identifying opportunities for EPRA’s members related to sustainability regulations and initiatives at European level.
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EPRA sBPR Guidelines provide a consistent way of measuring sustainability performance in the same way that BPR for financial reporting have made the financial statements of listed real estate companies in Europe clearer and more comparable. The fourth edition of the guidelines, released in April 2024, is designed to help companies managing the reporting complexities as mandated by the “sector-agnostic” European Sustainability Reporting Standards (ESRS), while also making the guidelines more comprehensive.
The CRREM initiative releases a report on Green Governance and how to implement and develop feasible Net Zero Transition Plans in the real estate industry. The report was authored by the CRREM team and supported by EPRA and UNEP FI.
There is an increasing expectation on companies to conduct a materiality review as a pre-requisite for reporting against both voluntary and mandatory sustainability reporting standards.
Material topics for a reporting organisation include those topics that have a direct or indirect impact on an organisation’s ability to create, preserve or erode economic, environmental and social value for itself, its stakeholders and society at large.
As reporting trends and stakeholder expectations continue to progress, it is essential to remain ahead of the curve in understanding emerging topics and incorporating them into sustainability reporting and operations.
This document explores several key emerging topics in listed real estate that do not currently warrant their own Sustainability Performance Measures in the EPRA Sustainability Best Practice Recommendations (sBPR) guidelines.
