Navigating through sustainability reporting standards
This is a guide to Environmental Performance Reporting in the European Real Estate Sector. It provides the latest standards and protocols designed to help measure portfolio-wide
environmental performance and sets out how listed European real estate companies are reporting on their environmental performance through practical examples.
An area of growing policy debate recently, however, has been the possible introduction of mandatory sustainability reporting regulation at both country and EU level. This has potentially significant implications for the entire European listed real estate sector.
In response to this policy debate, the European Public Real Estate Association (EPRA) has been engaging with its members to understand the industry’s position on voluntary and mandatory reporting, culminating in the publication of its sustainability reporting Best Practices Recommendations (BPR) on the 1st September 2011. The BPRs provide a consistent way of measuring environmental performance – just as EPRA’s BPRs for financial reporting have made the financial statements of listed real estate companies in Europe clearer and more comparable.