Summary
This section provides an overview of the methodology that will be applied to the GHG assessment. It defines why the specific data is relevant, how it will be measured, and what categories or frameworks are used.
Why consider emissions from Real estate investment?
Financed emissions represent the greenhouse gas emissions associated with investments, lending, and other financial services. They are a crucial component of a financial institution's carbon footprint, often representing the largest source of emissions impact (> 90%).
Even with a minority stake in the asset, the investor needs to include the asset’s financed emissions in its GHG assessment.
Type of raw data
Advanced module
Investment/Loan issuance date: investment data dd/mm/yyyy or loan start data dd/mm/yyyy
Outstanding investment/loan amount:
Outstanding investment: Total amount invested in the building by the 31th of December (can be found in the balance sheet)
Outstanding loan: Value of the debt that borrower owes to lender by the 31st of December (can be found in your balance sheet)
Property value at acquisition: Appraised value of {land + building + building improvements} at time of latest invesment (if not available, use last updated recent value)
Processing between methodologies
Advanced module
Data processing is exactly the same, whether the assessment’s referential is GHG Protocol or BEGES
Types of emission factors
Advanced module
The EFs used in the Real Estate investment module is used to estimate building’s emissions:
When building’s actual energy consumptions (electricity, heating and AC) are available, EFs used will be quantity (kgCO2e/kWh)
When building’s actual energy consumptions are not available, building surface will be used to estimate the consumptions. In this case, quantity (kWh/m2)
Additional information
Advanced module
Check here the calculation methodology for CRE and for Mortgages