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Measuring and managing whole life carbon in real estate portfolios

  • Measuring and managing whole life carbon in real estate portfolios

    Peter Sweatman, Author

    TIn a world where embodied carbon is invisible, investors can make investment and sustainability decisions that may be unwittingly harming the environment. This is why leading members of IIGCC’s Real Estate Working Group are moving on the topic: “wait and see” is no longer an option.

This report documents IIGCC’s series of roundtables hosted in 2022, providing “best practices” and examples from the series, where experts and leading investors explained how they are incorporating embodied carbon into their measurements and target setting. The key principles and approaches described in this report are divided into four key steps:

  • Identify and use Whole Life Carbon Assessments to assess the environmental footprint of materials used in projects;
  • Set overall targets based upon individual asset pilots and expand up to the portfolio level;
  • Have a portfolio-level strategy to deliver the targets that are set over multiple years;
  • Provide transparency and regular reporting to stakeholders.

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