ECCE launches first global environmental benchmark for property sector

(28 Jan '10)

New report suggests environmental performance can be substantially improved

A major report on the environmental performance of the commercial real estate sector is published by the European Centre for Corporate Engagement, in collaboration with three large European institutional investors, APG Asset Management, PGGM, and the Universities Superannuation Scheme, and some of the major real estate industry bodies.
The report is based on a global survey of 700 listed property companies and fund managers (click here for the list of survey questions), and was carried out by the ECCE at Maastricht University. It reveals that, despite the fact that energy-saving investments can create value for property investors, the majority of the survey participants are not yet actively managing environmental issues in their property portfolio. Only a few investors from Australia, Sweden and the United Kingdom come close to attaining the optimal score on the global “Environmental Real Estate Index”. These property investors can be considered as establishing best practice in environmental performance, and should serve as examples for other property investors.
The complete report “Environmental Performance: A Global Perspective on Commercial Real Estate”, can be downloaded here, and a summary can be downloaded here,

The power point presentation of the study can be downloaded here.