Measuring emissions differently has led to some discoveries into new risks and opportunities in the global listed property sector – First Sentier Investors Global Head of Property Securities Stephen Hayes.
Current protocols don't go far enough and don't apply very well to the real estate sector, which has led to the development of our proprietary methodologies.
Carbon analysis is at the individual stock level and it covers modernisation programs such as development, redevelopment and maintenance capex programs, as well as renewable energy procurement programs, on site energy generation programs, carbon offsets and embodied carbon associated with development.
This detailed analysis allows for extensive company engagement where we can take the information to the companies to help try and drive better environmental outcomes.
We are forecasting total portfolio Net Zero operational carbon emissions by 2039, well before 2050 global targets.
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