The European Public Real Estate Association (EPRA) has launched best practice guidelines for sustainability reporting in a bid to lift standards in this area in the listed sector.
The BPR were developed by the EPRA Sustainability Reporting Committee with help from consultants Jones Lang LaSalle. They are comprised of the EPRA Sustainability Performance Measures, which outline the key metrics against which companies should report in terms of absolute (total) performance and intensity of use for: energy, greenhouse gas emissions, water and waste.
Core recommendations within the BPR also cover segmentation by country or asset type, like-for-like analysis and defining landlord and tenant responsibilities and boundaries under different scenarios.
