Pick up the pace,
demonstrate your credentials

Sustainability Reporting will become mandatory for medium and large housing companies driven by the imminent EU-taxonomy (and in the UK with the Green-taxonomy). In advance of mandatory reporting, housing providers are increasingly issuing a sustainability report to demonstrate their credentials. Currently, the main large housing providers, usually the ones with an extended and diversified lender base, publish a sustainability report, applying either reporting frameworks (e.g., GRI) or national standards (e.g., DNK in Germany, SRS in the UK).

These frameworks are likely to be modified to reflect mandatory reporting required by the EU through the EU-taxonomy (the Green-taxonomy in the UK). Recently, not only lenders, but also governments, regulators and other stakeholders want to engage with housing providers that illustrate their sustainability credentials. So, it is likely that we will see an expansion of sustainable reporting in medium sized housing providers.

Good sustainability reporting depends on the quality of the available environmental and social data. Developing a robust framework for data collection will guarantee transparent and consistent reporting. In this way, a housing provider will gain credibility in its corporate sustainability performance and enhance the trust of both existing and new ESG investors and other stakeholders (tenants, cities, etc.)