Quadoro strengthens climate strategy in real estate funds through holistic CO₂ approach

So far, the focus in the real estate sector has been primarily on reducing operational CO₂ emissions caused by heat energy and electricity consumption. However, so-called grey CO₂ emissions are also increasingly coming to the fore – emissions that occur during the production of building materials and construction processes. The revised EU Building Directive (EPBD) gradually introduces binding requirements for this purpose.

Michael Denk, Managing Director of Quadoro Investment GmbH, commented on the expansion of the strategy: "By taking grey CO₂ emissions into account, we are taking a decisive step towards a holistic climate strategy in the real estate sector. In this way, we actively take responsibility for the entire life cycle balance of our properties."

To implement this, a climate indicator based on a proprietary point system will be introduced. This takes into account both the annual operational CO₂ emissions according to CRREM (Carbon Risk Real Estate Monitor) and the estimated grey CO₂ emissions. The calculation is carried out by Sustainable Real Estate AG, Zurich. The estimation of embodied emissions is based on data from European Commission projects, such as "Supporting the development of a roadmap for the reduction of whole life carbon of buildings".

Further details on the climate indicator and the extended sustainability strategy can be found in the updated fund documents.