The European Public Real Estate Association (EPRA) and the Carbon Risk Real Estate Monitor initiative (CRREM) have entered a partnership to educate EPRA members on climate change targets.
EPRA, which has 280 members, wants to tap into CCREM’s expertise in advising institutional real estate managers on setting decarbonization goals as driven by regulations and accords.
Hassan Sabir, finance & ESG director at EPRA, said: ‘We are excited to work with CRREM. EPRA has supported the CRREM imitative since its inception and is now pleased to bring forward its expertise and findings to future-proof the listed sector.’
Sven Bienert, founder and MD of the Institute for Real Estate Economics (IIÖ) and head of the CRREM initiative said: ‘We are happy to work with one of the main industry organizations to support the market in achieving net-zero.'
'EPRA has been very supportive from the beginning. Jointly we will now do a deep dive on aspects like net-zero goal setting, green governance related to climate risk and other relevant topics.’