The European Public Real Estate Association (EPRA) and the Carbon Risk Real Estate Monitor initiative (CRREM) have entered a partnership to educate EPRA members, and the listed real estate sector more broadly, on the application of the CRREM resources. CRREM is meant to ensure globally consistent standards and support real estate market participants in formulating, setting, and implementing science-based targets to reduce operational carbon emissions of buildings toward a 1.5°C goal.
The partnership combines previous work of both organizations and will guarantee clarity for EPRA members and give them confidence that their decarbonization plans are aligned with climate science.
“We are excited to work with CRREM. EPRA has supported the CRREM imitative since its inception and is now pleased to bring forward its expertise and findings to future-proof the listed sector,” said Hassan Sabir, finance and ESG director at EPRA.
The CRREM initiative provides institut
