"We can try to harmonise the requirements for real estate-specific issues and focus more on the transformation of buildings." Jan von Mallinckrodt Head of Sustainability at Union Investment Real Estate
How well is the Disclosure Regulation working?
From 2021, financial market participants will have to disclose the sustainability of their product portfolios. The EU now wants to review whether its disclosure regulation has worked in practice - and amend it if necessary. This could have an impact on the real estate sector.
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“It’s encouraging that companies see earnings potential in ESG, albeit rather tentatively as yet" Jan von Mallinckrodt Head of Sustainability at Union Investment Real Estate GmbH
Special study entitled “Risk Factor ESG?”
Regulatory requirements carry high risk of misinterpretation
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70 per cent of construction and demolition waste has to be recycled – and buildings constructed from 2021 onwards have to consume at least 10 per cent less energy.
Combating greenwashing: the EU Action Plan
The financial sector has a crucial role in the fight against climate change.
In future, the Action Plan onSustainable Finance will set a benchmark for sustainable action by market players in the EU. It definesambitious targets – and contains a number of hurdles.
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