Carbon shift: Why energy is fading as a key performance indicator

One of the benefits of early participation in the GRESB Real Estate Assessment was that it helped real estate portfolios improve their environmental, social and governance (ESG) -related policies and management systems. As ESG policies and management systems have matured, real estate companies and funds that have been early adopters in reporting to GRESB have made continuous performance improvements. But which key performance indicators are most important? Up until now, energy has been the primary indicator for measuring the performance of green buildings and portfolios. More recently, however, another indicator has come to the forefront as the key indicator for measuring real estate sustainability performance: carbon.

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