How we organize ESG at ECE
ECE, we do not want to focus on a few "best in class" properties, but rather to put the entire portfolio on a climate path towards climate neutrality - by 2045. Together with the University of Dresden, we have created an energy-efficient refurbishment roadmap, the "ECE map2zero", in a pilot project using the Alstertal-Einkaufszentrum (AEZ) in Hamburg as an example.
"To achieve the climate targets and meet the political requirements, we need a plan. A roadmap for the future. Measures that position real estate sustainably for the future, show investments transparently and help make long-term decisions. We have a plan."
Uli Schmitz, ECE Marketplaces
Excellent sustainability!
With the "ECE map2zero", our energy-efficient refurbishment roadmap, we have profited from the MAPIC Award 2022 in the "Best Sustainable Retail Initiative" category.
Maintaining value through climate neutrality
The Energy Performance of Buildings Directive sets a minimum requirement for the energy efficiency of an existing property for the first time. Properties in efficiency class G must improve by 2030. To become taxonomy-compliant, properties must achieve efficiency class A. Increasing regulation of existing properties can lead to a loss of value. Market participants and regulators speak of "stranded assets" in this context. New standards such as CRREM (Carbon Risk Real Estate Monitor) or Taxonomy (criteria for verifying sustainability from the Sustainable Finace Act of the EU) provide more transparency.
Pressure to act increases
- Pressure from the legislator
- Pressure from the market
- Stranded asset risk factor
- New standards ensure transparency
Early action ensures advantages
- Leads to financial predictability
- Secures current subsidies at interesting conditions
- Prevents the risk of loss of value (stranded asset)
- Enables all parties involved to act with long-term certainty
We are the best partner
we help shape climate policy
- We are active in the leading associations of the real estate industry
- We know the challenges of energetic refurbishment and bring them in directly (subsidies/balancing limits)
We offer customized financing
- Allocability of specific measures
- Cash flow plan precisely matching the asses strategy
- Minimization of investment costs through sound knowledge of possible subsidies
Renting is our business
- We know the leases and what needs to be adjusted and when in order to improve the energy efficiency of the property.
Our teams are experienced
- Our architects and engineers can implement developed measures directly
- Measures are evaluated holistically in a network
- Energy dependencies are recognized and taken into account
Our offer for the path to climate neutrality
Energy-Efficient 3D Building Modeling and Strategic Renovation Planning
- 3D modeling of the energy inventory, milestone and target situation with innovative simulation software
- Elaboration of measures and their impact on the tenants' energy balance and ancillary costs
- Tailor-made refurbishment plan including investment costs along a property-specific time axis
CRREM-Aligned Investment Planning
- Validation of investments for funding opportunities, apportionability and feasibility in line with long-term planning and their financial impact on the center's performance.
- Presentation of measures and their positive impact in the CRREM tool and in comparison to the baseline CRREM value
- Clear roadmap for phased achievement of carbon neutrality, sales-optimized asset