Report | Intelligent Investment

Sustainability: The Key to Future-proofing Real Estate

February 15, 2024 9 Minute Read

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As environmental concerns gain prominence, businesses globally are recognising the urgency of embedding sustainability into their core operations. This trend has begun to resonate in the real estate sector too, which is witnessing a pronounced thrust towards sustainable practices. 

 

Global CO2 emissions: An overview

  • Direct CO2 emissions from buildings  decreased marginally from 3.1 Gt in 2021 to 3.0 Gt in 2022
  • Indirect CO2 emissions from buildings increased from 6.7 Gt in 2021 to nearly 6.8 Gt in 2022
  • Building construction accounted for 2.5 Gt of CO2 emissions in 2022

 

Building operations and construction account for one-third of overall emissions globally

India: The third‐largest global emitter of CO2, despite low per capita emissions

 

 

State-led incentives pick up pace

To accelerate the adoption of sustainable practices and achieve India's net-zero target, several state governments have taken proactive steps by introducing dedicated policies aimed at fostering sustainability.

 

 

In this research piece, CBRE delves into the state of sustainability in the Indian real estate sector, with a particular focus on the office segment. The report presents the various eco-commitments of developers and occupiers, amidst the growing significance of sustainability.

 

Developers Taking a Green Leap: Office Building Certifications

Over the past nine years, green-certified office stock in India has doubled

 

CBRE also presents actionable insights for firms looking to enhance their sustainability journey through consistent measures.

 

To delve deeper and understand the sustainability landscape focusing on the office sector in India, please click on the download button.