GRESB data tracks real estate’s net-zero evolution

The below chart illustrates the average level of decarbonization ambition that portfolio mangers need to target in order to actualize net-zero commitments or align with a 2C temperature rise goal. While the GRESB European portfolio projection results in ‘stranding’ by 2029 and 2038 under the 1.5C and 2C decarbonization pathways, respectively, there is a wide distribution in the ‘stranding’ dates of the underlying portfolios and assets. Many of the underlying assets already exceed the intensity limits of their property type- and country-specific decarbonization pathways.