Market Insight: Energy, Climate and Decarbonization Priorities For Net Zero Buildings

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Executive Summary

This report provides leaders and market strategists at climate- and net-zero-related technology firms with an independent analysis of the energy, climate and decarbonization priorities of facilities management and real estate executives. The findings in this report stem from interviews with more than 350 real estate executives, from North America; Europe, the Middle East and Africa (EMEA); and Asia-Pacific (APAC); as well as from six industry groups: consumer goods and services and retail; education and the public sector; financial services and real estate; general industrials; healthcare, pharmaceuticals and biotech; and technology, media and telecoms. This study unpacks the priorities and trends in energy efficiency and decarbonization across the real estate industry, and notes how these are impacting strategy and investment. It illuminates the increasing interest from facilities management executives in commercial software that supports ESG data management and climate risk analyses. 

Table of contents

Global Survey Of Facilities Management And Real Estate Executives Reveals Their Climate Priorities
Cutting Energy Costs Is A Top Priority Across Building Portfolios
Decarbonization Target-Setting Will Have The Greatest Investment Impact Of All ESG Trends 
Efficiency Gains Dominate Building Managers’ Near-Term Decarbonization Initiatives
Facilities Management Executives Seek Out Software For ESG Data Management And Climate Risk Analysis

Table of figures

Figure 1. Energy Cost Reductions Attract Greater Focus In Real Estate Executives' Portfolios
Figure 2. Facilities Leaders In The Middle East And Africa Are Most Likely To Start Energy Reduction Initiatives
Figure 3. Real Estate Leaders In Financial And Real Estate Are Most Likely To Start Focusing On ESG Data Management
Figure 4. Decarbonization Targets For Building Operations Are Top Of Mind In Real Estate Strategies
Figure 5. European Real Estate Leaders Are Most Likely To Increase Investment In Decarbonization Target-Setting
Figure 6. Three Of The Top Five Decarbonization Initiatives Most Likely To Attract Investment Relate To Efficiency
Figure 7. Real Estate Leaders In Financial And Real Estate Services Are Most Likely To Increase Investment In Low-Carbon Electricity For Facilities
Figure 8. Real Estate Leaders Are Looking To Buy Or Change Software For ESG Data Management
Figure 9. Real Estate Leaders In APAC Are Most Likely To Enter The Market For Climate Risk Software

About the authors

Maya Hilmi

Analyst

Maya is a Net Zero, Climate Risk Analyst. She is currently specialising in carbon management, ESG regulations, and identifying climate risk solutions. Prior to joining Verdantix, Maya interned at Cardano Advisory where she gained experience in covenant, sustainability, and pensions corporate finance matters. Maya holds a master's degree in Conflict Resolution in Divided Societies with Distinction from King's College London, and an undergraduate degree in International Relations from SOAS, University of London.

Ryan Skinner

Research Director, Net Zero & Climate Risk
Ryan is the Research Director for the Verdantix Net Zero & Climate Risk practice. He guides the research team to develop compelling research at the intersection of net zero strategies, carbon management, climate risk and technology. Prior to joining Verdantix, Ryan was a principal analyst at Forrester Research, where he initiated the research into ESG data and analytics offerings. He also has extensive experience of helping software companies with their messaging, positioning, market and technology strategies. Ryan studied at Duke University, the University of Manchester and the University of Oslo, and speaks Norwegian fluently.

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