Building Blocks - Week 28

Building Blocks - Week 28

Best reads of the week for real estate ideas, trends, opportunities!?

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EDUCATION CENTER ___________________________

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PROPTECH

Proptech’s Growing HR Role Aided by Labor Shortage, Remote Work

Human resources?is not?strictly human any more.

Looking to cut costs and improve efficiency, real estate companies have begun to turn to proptech to provide some of their human resources services.

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GREENSTEEL

Building For The Future: Steel’s Role In Durable And Sustainable Structure

The real estate industry may have contributed to the burgeoning environmental problems, but it has also played a massive role in their solution. Aside from encouraging a shift to steel and making homes more durable and sustainable, the industry also advances sustainable practices across the value chain.

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RESIDENTIAL NET ZERO?

Deutsche Bank publishes details of its sustainability strategy in residential real estate

Renovation: the € 80 billion challenge facing residential real estate clients

Residential Real Estate – Leading to Net Zero sets out the financial impact on homeowners of meeting future EU energy efficiency requirements for their residences. The cost to renovate an individual residence to the highest energy performance level (EPC Class A) can exceed € 100,000. To meet these requirements, the cost to Deutsche Bank’s residential real estate clients could reach around € 80 billion, at today’s prices. This is equivalent to nearly 50% of the bank’s existing real estate loan portfolio and makes clear the enormous investment requirements for German and European economies. Deutsche Bank’s analysis also shows that around two-thirds of the bank’s private clients have the financial resources to undertake energy-efficient home renovations, while the remainder will need additional financial assistance. This analysis reinforces Deutsche Bank’s conviction that the banking industry and national governments must work in partnership to support homeowners in financing the renovation of existing residences and reducing greenhouse gas emissions.

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EV BEATS HYDROGEN (AGAIN)

French city drops order for 51 hydrogen buses after realising electric ones six times cheaper to run

A two-year-old project to run 51 hydrogen buses in the French city of Montpellier and its environs has been cancelled for being too expensive after elected officials realised that electric buses would be six times cheaper to run.

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ARTIFICIAL INTELLIGENCE?

UBS Manager Spells Out How AI Can Expose ‘Very Real’ ESG Risks (Bloomberg)

New EU rules add pressure on investors to monitor ESG risk?

Deforestation is an area in which AI has particular potential?

The global head of ESG research at UBS Group AG’s investment bank says artificial intelligence has the potential to expose risks that would otherwise remain hidden, putting asset managers in a better position to comply with increasingly tough regulations.?

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PRIVATE EQUITY / VENTURE CAPITAL?

Half of US private equity integrating ESG (ESG Clarity)

The proportion of private equity managers assessing and measuring climate-related risks has risen by 12 percentage points to 55% over the last year, according to LGT Capital Partners.?

The firm’s annual ESG Report analyzes the activities of 381 managers (including 309 private equity managers) globally, to assess improvements to ESG practices.?

The report revealed that Europe continues to lead on ESG integration: 82% of European private equity managers were ranked ‘excellent’ or ‘good’ for their ESG approaches, compared with 79% for Asian managers and 49% of US managers.?

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CORPORATES?

The Rise of International ESG Disclosure Standards (Harvard Law)

New regulations expected to be adopted in 2023 will result in exponential growth in the amount of environmental, social and governance (ESG), i.e., sustainability, data generated by reporting companies and available to investors.?

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Have a great weekend and a profitable week ahead!

Johan Tellvik

CEO / ESGrelab.com

[email protected]

CHESTER SWANSON SR.

Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer

1 年

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