Impact Healthcare REIT

ESG and Sustainability


Project Details

We are working with IMPACT Healthcare REIT to support their ambitions of getting to Net Zero Carbon for their portfolio of 100+ properties.

The aim of this work is to help IMPACT understand and manage their assets to be compliant with future Minimum Energy Efficiency Standards (MEES) and the 1.5°C Paris Climate agreement through a bespoke cost-effective retrofit strategy. Adopting this approach will enhance stakeholder relationships and provide confidence to investors in the Net Zero Carbon actions being taken by Impact Healthcare.

The CRREM project and CRREM Risk Assessment Tools are funded by the EU and are designed to estimate the risk and uncertainty associated with commercial real estate decarbonisation, build a collection of asset data, quantify different climate risk scenarios and their impact on investor portfolios. CRREM aims to provide cost-effective, science-based carbon reduction pathways and mitigation strategies at the building, portfolio, and company levels through financial risk assessment tools.

The CRREM software tool is employed by BE Design to support our consultancy services for Impact REIT in several ways:

·             Monitor the energy performance of single properties, as well as their entire portfolio;

·             Benchmark performance and assess ‘stranding risk’ due to regulatory changes;

·             Assess potential shifts in energy costs and refurbishment measures; 

·              Analyse specific real-estate assets and portfolios of these assets against the UK specific decarbonisation and energy pathways in line with the Paris Agreement 1.5°C global warming target.