ESG Rating for Real Estate Portfolios

Martin Schnauss and Laura Archer-Svoboda

ERES from European Real Estate Society (ERES)

Abstract: The imperative for energy efficiency in real estate investments has been amplified by growing environmental awareness and economic factors. The escalation of energy costs has led to a critical re-evaluation of energy efficiency and the need for property upgrades, particularly in Switzerland. Here, a significant portion of residential real estate is managed by real estate funds, pension funds, and other financial institutions, which are under increasing pressure from investors and regulators to improve the environmental sustainability of their portfolios. In addition, newly enacted regulations imposing rent caps on properties that have not undergone energy-efficient renovations pose a risk to future rental income streams. This context underscores the critical need for improved methods of measurement and accountability. Our presentation addresses the formulation of modern, transparent and data-centric strategies for valuing Swiss real estate assets, with a focus on energy efficiency, combating obsolescence and projecting future market values. Our research highlights ways to assess and manage changing environmental and regulatory requirements.

Keywords: Energy Efficiency; Rating; sustainability (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2024-01-01
New Economics Papers: this item is included in nep-eff, nep-ene, nep-env and nep-ure
References: Add references at CitEc
Citations:

Downloads: (external link)
https://eres.architexturez.net/doc/oai-eres-id-eres2024-201 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2024-201

Access Statistics for this paper

More papers in ERES from European Real Estate Society (ERES) Contact information at EDIRC.
Bibliographic data for series maintained by Architexturez Imprints ().