ISG’s latest study “Sustainable Buildings Monitor: Redefining value”
Why should we establish a new, purpose-driven framework to measure the true value of property?
ISG’s Sustainable Buildings Monitor looks to create a new framework to identify untapped areas of development opportunity. The study was first conducted for the UK and the results show large differences compared to a regional assessment using traditional parameters: while Edinburgh, for example, achieves an assessment score of 100 taking into account traditional parameters, our new assessment framework results in 60.4. Wales, on the other hand, achieves 33 points more according to the holistic assessment of the Sustainable Building Monitor. This is because the new scoring framework includes population factors and workforce landscape, as well as financial and commercial factors, in addition to environmental and social factors. An individual consideration of the ratings of the individual factors provides information about the development potential of the respective regions.
The University of Cambridge Institute for Sustainability Leadership’s new home isn’t your average building. But it needs to be.
The University of Cambridge Institute for Sustainability Leadership (CISL), Cambridge, UK
Decision makers in the real estate and construction industry are encouraged to join the discussion and drive the building of resilient communities in the local market.
Developers and asset owners, organisations, and local authority leaders can pivot interests towards flexible, smart buildings with multiple uses and guardians. A new framework, based on long-term ESG fundamentals, will augment the collective balance sheets. Traditional valuation methodologies are evolving, and the advantage now exists for those who take the more holistic view. Benchmarking against ESG criteria naturally leads to a redefinition of the value of property.
ISG at INVESTMENTexpo on 11-12 May 2023 in Berlin
- David Broussard, ISG's Head of Sustainability International, panel discussion "Solutions for measuring ESG parameters. Data collection, benchmarks, certificates and monitoring"
- Alex Radler, ISG's Project Director Berlin, keynote "Achieving the green zero with energy refurbishment; strategies and practical examples on the way to climate neutrality"