ESG criteria have also found their way into residential construction. ESG stands for Environment, Social Responsibility, and Governance. The EU aims to be climate neutral by 2050. The real estate industry has a major role to play in achieving this goal, as buildings account for more than a third of greenhouse gas emissions and 40% of energy consumption. Energy efficiency and sustainability are now the focus. What does this mean for new buildings and existing buildings?
Sustainability is key
Construction projects that are planned without certification and are not ESG-compliant have a tough time. The Taxonomy Regulation, which has been in force since 2022, defines what is considered sustainable and how much it contributes to climate protection. ESG compliance can be achieved more quickly with a new building. Owners and buyers receive apartments that retain their value and greater planning security.
Consequences for existing properties
Buyers or owners of existing properties must meet their ESG obligations within two years of moving in. This usually concerns the heating system and the insulation of roofs and pipes. The investment required and feasibility can usually only be determined by experts such as energy consultants. Many owners find this overwhelming. Which construction measures are the right ones? Is the investment worthwhile? All construction measures must be planned and coordinated, tradespeople found, and materials purchased. Your own home becomes a construction site. We can therefore well understand that many owners are putting off the necessary investments for the time being. But delayed renovations are also likely to be expensive. After all, whether a property is classified as ESG-compliant and energy-efficient is, alongside location, a decisive factor for value stability.
ESG at Kartheuser: Trust and responsibility
Real estate is a long-term store of value that is also our home. In addition to energy efficiency and sustainability, we are also committed to good corporate governance. We are obliged to protect the assets entrusted to us by our customers, to treat information discreetly, and to act responsibly. Training the younger generation and providing our team with qualified further training are also part of a sustainable corporate culture.
Planting trees to combat climate change
Our responsibility does not end once the contract has been signed. We plant new trees for every successful brokerage. Respect for sustainable action and our environment is not just lip service. Find out more about our commitment and our cooperation with PLANT-MY-TREE® here.
Investing in the future
Taxonomy-compliant properties will retain their value in the long term and be subject to stronger demand. Eco-efficiency will play a major role in construction: zero greenhouse gases, zero CO2 emissions, water and energy savings, waste avoidance. And lower energy consumption means lower energy costs in the long term.
Whether you are building new or renovating existing properties, don't miss out on the valuable advice of our staff or the expertise of our network. We are always here for you.
