ESG reporting: More sustainability in the real estate industry

The EU regulation on sustainability-related disclosure requirements in the financial sector has been in force since March 10, 2021. This sets out comprehensive information and disclosure obligations for financial market participants regarding the sustainability risks of investments. To implement the Disclosure Regulation, companies will have to collect relevant data as early as January 2022.

Facility management is also affected by the EU Disclosure Regulation, creating the data basis to facilitate the disclosure requirements for sustainability performance.

"The ESG regulations have an impact on the entire real estate industry and all associated services involved in the value creation of a property,"
Martin Schenk, CEO of STRABAG Property and Facility Services GmbH.

"Property and facility managers will therefore play a key role in the future in compiling the data, evidence and documentation required for the disclosure obligations."
Dr. Marion Henschel, Deputy Chairwoman of STRABAG Property and Facility Services GmbH.

Read the detailed report (PDF attached) on the disclosure obligations and the requirements for the real estate industry in the May issue of Facility Manager.

With the kind permission of Facility Manager (link: https://www.facility-manager.de/), published by FORUM Zeitschriften und Spezialmedien GmbH