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2030 Real Estate Compliance Roadmap

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“NorthQ Solutions creates new opportunities for following ESG narratives and enhancing property operations. This aligns well with the evolving landscape of energy certification and maintenance planning, pushing the boundaries of traditional sustainability practices”

Martin Braendstrup - Business Development Manager at Energihuset

Data-Driven Reporting

 The key to transparent reporting is reliable building performance data.

 

NorthQ Solutions delivers the necessary data collection framework, enriching reporting practices with the crucial data needed to report ESG KPIs and ease compliance.

2021

Sustainable Finance Disclosure Regulation (SFDR)

The Sustainable Finance Disclosure Regulation (SFDR) is a pivotal regulation that directly impacts building owners, and developers, particularly in the context of transactions and investments in real estate assets.

 

SFDR mandates the disclosure of environmental and social sustainability factors by financial market participants, ensuring greater transparency and responsible investment practices. For Real Estate entities, this means providing comprehensive information about the environmental and social impacts of their properties and investments.

 

Compliance with SFDR is essential for real estate professionals as it not only aligns their operations with sustainable finance principles but also enhances their reputation among investors and stakeholders. It enables real estate companies to demonstrate their commitment to responsible and sustainable practices, fostering trust and attracting socially-conscious investors.

Real Estate professionals are able to collect, manage, and report sustainability data, ensuring compliance with SFDR and supporting responsible investment decisions.

2024

Corporate Sustainability Reporting Directive (CSRD )

The Corporate Sustainability Reporting Directive (CSRD) marks a transformative milestone for the real estate sector. This directive is tailor-made for the industry, mandating that real estate companies report comprehensive sustainability data.

It covers aspects like environmental performance, social responsibility, and governance. Compliance with the CSRD is now essential for real estate entities, as it directly affects their reputation, investor relations, and access to capital.

NorthQ's technology and services provide fundamental information, which enables translating sustainability performance data into actionable ESG strategies.

2027

Energy Performance of Buildings Directive (EPBD)

The Energy Performance of Buildings Directive (EPBD) plays a pivotal role in the real estate sector by emphasising the importance of transparently assessing and communicating a building's energy performance. It promotes the use of energy performance certificates (EPCs) and encourages the adoption of dynamic energy labels that provide real-time insights into a building's energy efficiency, significantly enhancing the value of property assets.

Compliance with the EPBD is essential for real estate entities as it not only ensures regulatory adherence but also enhances their ability to communicate the sustainability and energy efficiency of their properties to potential occupants, investors, and stakeholders.

Our solutions empower property owners to improve the energy labels of their assets over time, ensuring compliance with the EPBD and enhancing the value of property portfolios.

2020

EU Taxonomy Directive

The EU Taxonomy Directive, particularly Annex I, Articles 7 & 8, sets a framework for real estate and data processing sectors, emphasising on sustainable construction, asset management, energy efficiency, and data-driven solutions to mitigate climate change.

NorthQ Solutions is at the forefront, offering a data collection framework that aligns with the directive, facilitating compliance and ESG reporting for real estate entities.

NorthQ’s data-driven technology streamlines compliance with EU Taxonomy Directive through the extensive provision of building performance data.

2024

Energy Savings Registry System (ESRS)

The Energy Savings Registry System (ESRS) is an integral component of the broader Energy Efficiency Directive (EED) within the European Union. While EED sets the framework for energy efficiency measures, ESRS specifically addresses the tracking and verification of energy savings achieved through these measures.

ESRS plays a crucial role in ensuring transparency, accountability, and the accurate reporting of energy savings by Member States and obligated parties. By maintaining a centralised registry of energy efficiency improvements, ESRS helps monitor progress toward EED's energy efficiency targets.

NorthQ delivers direct reports on achieved energy savings, facilitating proactive energy-efficient changes for real estate assets and streamlining ESRS compliance.

2027

Energy Efficiency Directive (EED)

The Energy Efficiency Directive (EED) is a pivotal regulation that has a profound impact on energy consumption in the real estate sector.

Specifically crafted to address energy efficiency, the EED mandates the visualisation of individual consumption data, fostering transparency and driving energy-conscious decisions to create sustainable and efficient real estate operations.

With its focus on optimising energy use, the EED is instrumental in reducing environmental impact and operational costs for real estate companies.

With wide hardware selection, individual consumption data is collected, analysed and visualised to any stakeholder as necessary, including the tenants.

2027

Corporate Sustainability Due Diligence Directive (CSDDD)

The Corporate Sustainability Due Diligence Directive (CSDDD) is an EU initiative impacting large enterprises, including real estate firms, by mandating environmental and human rights due diligence. This aims at fostering sustainable and responsible business practices within the industry.

For the real estate sector, CSDDD means revisiting operational frameworks and ensuring they align with environmental and human rights standards. Preparations for compliance should commence now, as the directive is expected to be finalised by early 2024.

With insights on consumption, inefficiencies and energy reports, savings are identified and carbon emissions are tracked driving sustainable building management.

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