What Are The Digital Drivers for ESG in Commercial Real Estate
Learn how Sharry and our PropTech solutions can help you achieve your ESG targets. Do not tick a box, make a difference with your ESG strategy in your office portfolio.
Over the past decade, the ESG program has evolved to reflect the increasing complexity of material environmental, social, and governance issues. All this has one common goal – to add long-term value to real estate and make a positive impact in three areas: environmental, social and governance.
Investors' preference is shifting to accountable, attractive places for people and nature. According to the Cushman & Wakefield study, ESG offices are already priced 25% above non-ESG. The pandemic accelerated tenant demand for ESG assets.
What do we do at Sharry?
“We partner with landlords, tenants and workplace providers committed to work towards the workplace performance and actively deliver on their ESG targets,” commented Vlad Masinsky, Head of Strategic Partnerships at Sharry.
Key Highlights of Sharry ESG commitments
For portfolio owners we actively build sustainable communities, enable sharing resources and increase utilization, for each building we introduce efficient processes, energy efficiency through digital services, active sharing of assets brings responsible use and efficiencies.
E = Environmental
Awareness and access to data
Energy efficiency through digital services - Access, elevator calls and efficiency, room booking, and sharing - higher efficiency
Associated GHG with all of the above
Effective water usage linked to allocated time slots through the booking process of a shower, cleaning services
Waste recycling guidelines & waste management system
Air quality measuring = awareness and data display (through partners)
Water consumption, GHG, etc.
Access to facilities (encourage walking, cycling, etc.) with fewer emissions related
Biodiversity awareness/encouragement and access to relax zones, shared spaces, and green areas
Video: How ESG creates value
S = Social
Higher quality through access and sharing of amenities
Community maintenance – a multi-event platform for those associated with the place
Access and permissions to use shared green space/biodiversity for wellness, mental well-being, etc.
Encourage walking, cycling, etc., and wellness/mental well-being
Air quality shows areas of good air quality to encourage footfall in those areas
Community and diversity events
Encourage footfall to retailers/f&b providers with ethical/social/green product offering
Inclusion and diversity, gender balance, etc.
E D & I agenda etc. use the platform to promote awareness and inclusion of underrepresented people and groups
Volunteering and philanthropy use the platform to bring people together to do good
G = Governance
Easing channels for communication
Clear communication of ESG Goals, Policies, and Contacts
Transparency in reporting ESG issues
Voting - getting to the community to have their voice heard
Employee satisfaction surveys
Customer involvement - community and self-governance
Customer satisfaction survey
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We need to look after the world we live in! If you're interested in details of our solution helping our partners in the commercial real estate market worldwide, feel free to arrange a call with Vlad Masinsky, Head of Strategic Partnership.