Time to turn targets into reality

The classification system is based on the findings of the EU Technical Expert Group on Sustainable Finance, which previously set only partially quantifiable standards. As well as the regulatory hurdles imposed by Brussels, the property sector is also facing the challenges of high inflation and rising energy and interest costs this year. Given all this, it is now important for companies to work out how to position themselves and the strategies they need to succeed against all these odds. ESG is the way forward One thing is clear when you look at all the factors affecting companies’ financial performance: despite the macroeconomic and geopolitical challenges, sustainability is still the top priority – even more so than in previous years, in fact. The various real estate sector players have recognised that they cannot simply make net zero commitments – they also need to document and demonstrate how they are turning these into reality. The focus will also shift to in