The Carbon Risk Real Estate Monitor (CRREM) is a tool that provides the real estate industry with well-founded and transparent decarbonization pathways for buildings. These pathways are aligned with the requirements of the Paris Climate Agreement. CRREM also takes into account the specific sector and region to determine the CO2 emissions reductions needed during the operational phase. Asset managers and property owners can thus identify in advance which buildings in their portfolio face a high risk of not meeting regulatory requirements and being classified as "stranded assets." CRREM also calculates the likely timing of such a classification. "Stranded assets" lose value before the end of their economic lifespan because they fail to meet environmental standards.
In commercial building operations, CRREM enables strategic planning for reducing the CO2 footprint and improving energy efficiency. By identifying high-risk areas and prioritizing investments, long-term competitiveness and property value can be enhanced. Retrofit projects can be efficiently managed through the capabilities of the aedifion Cloud Platform, which includes automated room temperature and lighting control, as well as AI-based analysis and management of HVAC systems. Asset managers also benefit from sustainability reporting based on reliable metrics, which provides early transparency into the development potential of a property.
