KPMG’s ESG real estate strategy service is delivered by integrating the expertise of the ESG team.
Main steps in strategy development:
- review of architectural, functional and financial parameters of the existing real estate portfolio
- understand existing business and ESG goals and strategy
- create an ESG-optimised real estate scenario
- set up an economically and commercially optimal real estate scenario
- seek the optimal solution between the two scenarios according to the strategic objectives of the company
- proposal for an ESG real estate strategy, with several conceptual options where possible
The main focus areas for analysis are:
- E (environmental) aspects: energy consumption, embodied energy, useful life, construction waste, location optimisation (indirect environmental impacts)
- S (social) aspects: employee satisfaction, working environment parameters, potential impacts on the surrounding area
- G (governance) aspects: strategic decisions, process control, dialogue intensity (communication)
- Compiling architectural programme in line with the current operation
- Assessing real estate implications of business strategy
- Technical condition and expected renovation (CAPEX) needs of existing and alternative real estate
- Market value, rents and operating costs of existing and alternative real estate
- Total Cost of Occupation to compare rental and ownership options
Content of report:
- Analysis and main analysis conclusions on real estate, business strategy and ESG objectives
- Comparison of optimal scenarios for ESG and economy/business with existing real estate
- Presentation of refined scenario and its main aspects
- Proposal for a real estate strategy (several options if possible)
