Given the urgency of addressing climate change, it is crucial that all sectors, including Real Estate, assume their responsibility and take concrete action.
In this regard, asset decarbonization becomes an essential element in reducing greenhouse gas emissions and building a sustainable future.
Decarbonization of real estate assets refers to the reduction of carbon emissions associated with buildings and infrastructure.
This involves taking measures to minimize the carbon footprint throughout the life cycle of a real estate asset, from construction to demolition or decommissioning.
Life Cycle Assessment (LCA) and Life Cycle Costing (LCC) are key tools that can help drive this decarbonization process and promote sustainability in the sector.
The role of Life Cycle Assessment in the decarbonization of real estate assets
LCAs are tools that assess the environmental impact of a product, process or service throughout its entire life cycle, from the extraction of raw materials to its final disposal.
In the case of real estate assets, LCA can be applied to assess the environmental impact of buildings and infrastructure, from their construction and operation to their eventual demolition.
Thanks to the results obtained through LCA, it is possible to make more informed and conscious decisions.
These data enable the adoption of sustainable building practices, thus allowing for a more responsible and environmentally friendly approach in the real estate sector.
The Life Cycle Cost approach to decarbonization of real estate assets
The LCC assesses the total costs associated with owning and maintaining a real estate asset over its useful life. In considering total costs, LCC is not limited to financial aspects only, but also takes into account the environmental and social impacts associated with the real estate asset.
Therefore, by assessing natural resource consumption, greenhouse gas emissions, waste generation, energy and water use, as well as impacts on human health and the surrounding community, LCC provides a holistic perspective.
Using LCC as a tool opens up new possibilities for making more informed and sustainable decisions in the real estate sector.
This means promoting resource efficiency, reducing long-term costs and mitigating environmental impacts.
In short, LCC guides us towards a more conscious approach to real estate asset management.
Making sustainable decisions with Ineria Management
In conclusion, Life Cycle Assessment and Life Cycle Costing play a key role in the decarbonization of real estate assets.
Both tools allow us to assess the environmental impact and costs throughout the entire useful life of an asset, which helps us to make more sustainable decisions and reduce greenhouse gas emissions in the Real Estate sector. At Ineria Management we have a team of experts who provide specialized services to help you make more sustainable decisions throughout the life cycle of a building, reducing its environmental impact and contributing to a more sustainable future.
