Briefing
ESG and real estate: Effects of the Sustainable Finance Disclosure Regulation and the Taxonomy Regulation on the real estate industry
The European Union has ambitious sustainability goals in the areas of Environment, Social and Governance (ESG), to which the financial sector should also contribute by investing in these fields.
The legislative tools for increasing sustainable investments are the Sustainable Finance Disclosure Regulation (SFDR) and the Regulation on the establishment of a framework to facilitate sustainable investment (Taxonomy Regulation). The regulations also have a significant impact on the real estate industry.
This briefing provides a general overview of the European regulations, their specific impact on the real estate sector and an outlook on future development.
