Introductory header image with real estate moods for the page titled „Calculating transition risk with CRREM“

Calculating transition risk with CRREM

Turning pathways into actions

BuildingMinds is the first real estate data platform to integrate the Carbon Risk Real Estate Monitor (CRREM), which makes it possible to precisely determine the stranding risk of an asset based on its emission and energy data. The BuildingMinds solution enables you to:

  • Define carbon reduction pathways and compare your assets’ performance against the Paris climate targets on the basis of CRREM
  • Analyze performance over time based on energy mix and predicted consumption for entire portfolios, regions, business units or individual buildings
  • Conduct carbon cost simulations to analyze the impact on the development of the overall value of buildings and portfolios
The only way to turn a presumption into a prediction is a dynamic, scenario-analytics approach that is industry-specific and able to adapt to changing regulations. Dr. Jens Hirsch Head of Sustainability & Scientific Research

Why CRREM is the key to net-zero in real estate

With real estate-specific decarbonization targets at a single asset level, the Carbon Risk Real Estate Monitor framework (CRREM, https://www.crrem.eu) provides a clear
overview of concrete stranding risks and makes it possible to determine emission reduction pathways. Based on the remaining global greenhouse gas emission budget that complies with the Paris climate targets, the CRREM project is a methodology which breaks down the overall budget by country and property type.

  • CRREM offers a science-based and well-documented methodology focusing on the commonly accepted indicator of carbon intensity (annual emissions per square meter)
  • Several large investor associations such as IIGCC and the UN-led PRI initiative recommend CRREM as best practice when it comes to defining strategic targets for decarbonizing the real estate sector. It is also recommended as a standard within the UN Net-Zero Asset Owner Alliance
  • CRREM decarbonization pathways differentiate various asset classes and cover all relevant investment countries enabling a global quantification of stranding risks
Talk to our ESG and digitalization experts We look forward to answering any questions you may have about our solutions and services! Request Demo

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