Major European real-estate stakeholders unite to launch a pan-European low carbon label
At MIPIM, major European stakeholders in the industry united in support of the first pan-European low carbon label for real-estate. This Low Carbon Building Initiative boasts its founding members from many different countries throughout Europe : BPI from Luxembourg and Belgium, NSI from the Netherlands, WO2 and ICAMAP from Luxembourg, France and United-Kingdom, and Generali Real Estate, BNP Paribas Real Estate as well as Covivio and Ivanhoé Cambridge with a European approach, and Struan Robertson, Chairman of EMEA Real Estate, Gaming & Lodging at Bank of America Merrill Lynch, from United-Kingdom.
The French association BBCA provides the necessary technical support for this initiative, which aims at promoting the reduction of the carbon footprint of buildings over their entire life cycle. A scientific commission was set up, led by Aurélie Blottiere, managing Environmental Department at Artelia and Jocelyn Urvoy, Project Manager with strong expertise in decarbonization at ELIOTH to ensure an independent approach. The European methodology is expected to be developed by summer 2022, allowing the first exemplary buildings in Europe to obtain label certification by the end of the year. Offices, residential buildings and hotels will be targeted as a first step.