We support projects and industry initiatives through the Redevco Foundation that accelerate the transition to a more sustainable, low carbon and circular built environment.
In the past few years we have supported many initiatives that focus on sustainability in the built environment. We seek to find and support sustainability initiatives within the wider real estate sector with potential for high impact across the sector and that would potentially not happen without funding from Redevco Foundation. This particular programme focuses on initiatives that aim to increase our understanding of and accelerate the transition to a more sustainable, low-carbon and circular-built environment.
UKGBC’s Advancing Net Zero programme forms part of a global campaign led by the World Green Building Council, which is calling for all buildings to be Net Zero Carbon by 2050, and all new buildings to achieve this by 2030. A milestone as part of the UKGBC Advancing Net Zero project is a framework definition for Net Zero Carbon buildings. Developed in collaboration with organisations from across the UK construction and property industry, the framework sets out a consistent approach to achieving net zero carbon for new and existing buildings covering energy and embodied carbon. The programme has also developed guidance for real estate companies on measuring scope three carbon impacts and has produced energy performance targets for offices.
Paris Proof Retail Real Estate is an initiative that aims to develop, support, and promote a forward-looking strategy towards a carbon-neutral retail real estate sector by 2050, in line with the Paris Agreement. The strategy will be developed with and for the retail real estate sector, and aims to create knowledge and understanding among policy-makers of the specific needs and characteristics of real estate. Paris Proof RRE targets decision-makers in the retail real estate sector and policy-making, to increase their awareness and knowledge about zero-carbon strategies and promotes industry cooperation to find solutions applicable across the board to accelerate its transformation towards carbon-neutrality. The initiative is lead by BPIE and funded by Redevco Foundation.
Ecomatters set up a pilot project with the aim of helping SMEs in becoming climate neutral by providing an implementation and action plan as tenants are integral to making retail buildings more sustainable. Supported by the Redevco Foundation, Ecomatters tested their approach with SME retailers from various sectors, such as: fashion, outdoor and food.
Using the results from this pilot, Ecomatters founded the Climate Neutral Foundation and has created three climate certificates for SMEs, including action plans for each certificate. The aim is to have at least 1000 retailers enrolled in the programme by the end of 2020. Ecomatters is, amongst others, working closely with trade associations, municipalities and the Dutch Green Building Council to achieve this goal.
Max Sonnen, Managing Director Ecomatters: “With the help of Redevco Foundation and Redevco we have managed to design, pilot and now scale the initiative to a large audience of retailers. Together we are paving the way for a systemic shift, in which the retail sector could become a front-runner in emission reduction”.
Through the Redevco Foundation we supported two initiatives with DENEFF that focus on the valuation of carbon performance in the built environment. One project was supported to create a business case for low carbon buildings by adjusting real estate valuation criteria to reflect carbon performance. In 2020 we will support an initiative called: ClimateValue. The project will drive a sector-wide transformation for a carbon neutral building stock by enabling the real estate sector to assess future business opportunities because the carbon footprint will become a standard factor in the valuation process of every individual building.