Influencing the industry to progress society
Stepping beyond impact through our own projects, NREP has during the past years sought to increase our efforts to influence the industry through engagement with local green building councils, regulatory reviews, collaboration with academia, knowledge sharing and other forms of activism.
“Accelerating the urgently needed transition of the real estate industry towards more sustainable practices is at the heart of the purpose of NREP, as well as my own purpose”
– Mikkel Bülow-Lehnsby
Industry cooperation & knowledge sharing
Across the Nordics, NREP works closely together with local green building councils, municipal regulatory development and legislative consultations to help drive sustainability in the industry. During the past years, NREP has stepped up its engagement, and Mikkel Bulow-Lehnsby, Chairman of NREP, acts as a Chairman Green Building Council Denmark, and our partner Petri Valkama is a board member in Green Building Council Finland. We also stepped up our efforts to provide training to service providers and other industry bodies, as well as sharing knowledge on sustainability to the industry.
Progressing industry standards
EU taxonomy consultation:
NREP supports the EU taxonomy as a first step to establishing a common definition of environmentally sustainable economic activities to help shift investments towards more sustainable activities and assets. In support of the establishment of the taxonomy, in 2020 NREP contributed to a study of the feasibility and practical implementation of the taxonomy criteria for the building sector. The study, which was coordinated by four of Europe’s most renowned Green Building Councils, helped provide a set of recommendations for the criteria and their implementation.
taking action towards science-based decision making
NREP has committed to the Science-based Target Initiative (SBTi) to ensure that its targets align with the 1.5°C future established by the Paris Agreement. Targets can be deemed “science-based” when they incorporate specific actions that lead to emission reduction. NREP’s targets are currently under review and are expected to be verified by the end of 2023.