Holistic approach to the sustainable commercial property business: analysis of the main existing sustainability certifications

Ramírez Pacheco, Gema María and Neila González, Francisco Javier and Vieira De Castro, Aliane (2020). Holistic approach to the sustainable commercial property business: analysis of the main existing sustainability certifications. "International Journal of Strategic Property Management", v. 24 (n. 4); pp. 1-24. ISSN 1648-715X. https://doi.org/10.3846/ijspm.2020.12174.

Description

Title: Holistic approach to the sustainable commercial property business: analysis of the main existing sustainability certifications
Author/s:
  • Ramírez Pacheco, Gema María
  • Neila González, Francisco Javier
  • Vieira De Castro, Aliane
Item Type: Article
Título de Revista/Publicación: International Journal of Strategic Property Management
Date: 2020
ISSN: 1648-715X
Volume: 24
Subjects:
Freetext Keywords: sustainable; development; real estate; green building certification; corporate social responsibility; commercial property; decision support model
Faculty: E.T.S. Arquitectura (UPM)
Department: Otro
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

Sustainability is no longer a new concept. However, applying, measuring and reporting on the sustainability initiative is still a somewhat confused and subjective issue. There is a huge variety of sustainability guidelines and green building schemes of differing natures, meanings and wordings. Despite this, there is no one guideline providing a crossreference between corporate social responsibility and green building performance to help the commercial property market completely incorporate sustainability into their activities. Therefore, this paper intends to link sustainability, real estate environmental, social, and governance (ESG) and sustainable building in order to help companies internalise this concept in all areas of their operations aligning it with their strategic planning. From desk-based research, this proposal examines and compares key aspects of the main schemes in existence, which are currently evolving in the definition, assessment and report of sustainability at the corporate and built environment level. This approach provides key information to help professionals get a better understanding of the specific changes which sustainability brings about in their corporate process, strategies, investment decisions, daily business operations as well as their property management. The insights presented here can support real estate companies to develop comprehensive communication flows and tools for the measurement and disclosure of sustainability data.

More information

Item ID: 63855
DC Identifier: http://oa.upm.es/63855/
OAI Identifier: oai:oa.upm.es:63855
DOI: 10.3846/ijspm.2020.12174
Official URL: https://journals.vgtu.lt/index.php/IJSPM/article/view/12174
Deposited by: Memoria Investigacion
Deposited on: 28 Sep 2020 10:28
Last Modified: 28 Sep 2020 10:28
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