Sustainability related questions
sustainability@epra.com
Sustainability
Sustainability frameworks & regulations
The built environment is a decisive factor when it comes to sustainability. Leading the efforts to improve this will be a key differentiator for European listed real estate companies as sustainability concerns are gaining momentum with tenants and investors. EPRA has an important role in sharing our sectors’ perspective, strength and commitment to contribute to sustainability regulation and targets in Europe.
Quick links
EPRA develops practical guidance to help members apply EU sustainability regulation, providing clarifications and sector-specific interpretation, for example on the EU Taxonomy and the EPBD.
European Sustainability Reporting
EPRA provides feedback to consultations by the European Commission and EFRAG on sustainability reporting, develops guidance for members, and takes part in working groups covering the topics:
- CSRD / ESRS (guidance & working groups)
- ESRS, simplified ESRS (consultations)
- Voluntary standard (consultations)
- GHG Emissions (consultations & working groups)
International Standards & Frameworks
- ISSB: The International Sustainability Standards Board (ISSB) is the sustainability standard-setting body of the IFRS Foundation, alongside the IASB. It issues IFRS Sustainability Disclosure Standards, a global baseline for investor-focused sustainability reporting. EPRA monitors ISSB standard-setting, including its work on nature-related disclosures.
- GHG Protocol: The Greenhouse Gas Protocol, established by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD), provides the global standards for measuring and reporting greenhouse gas emissions. It is currently revising its corporate standards. The EPRA sBPR emissions measures use GHG Protocol boundaries and scope definitions. EPRA regularly responds to GHG Protocol consultations, consolidating input from its members, for example on the Request for Information on the Actions and Market Instruments (AMI) Phase 1 White Paper.