ESG data management in the real estate industry

ESG challenges are becoming a higher priority for businesses across the real estate sector, making data management more important than ever. Achieving a single data model and defining the key metrics for ESG are issues real estate players can no longer afford to ignore.

With both real estate investors and regulators demanding more sustainability disclosures, players in real estate investment management (“REIM entities”) – from property development and/or investment companies to REITs and real estate asset managers – need to focus their efforts on the related data management challenges. This includes agreeing to a single data model and defining key ESG metrics with the aim of achieving uniform, transparent reporting on ESG performance. There are three key areas to address: the complex nature of real estate investment platforms (both in terms of structure and jurisdiction), a lack of maturity in data management and the need for robust technology solutions.