Integrated ESG management with PROBIS - the digital solution for better ESG performance
Optimize ESG performance with integrated solutions
What does ESG stand for?
The term ESG stands for Environmental Social Governance and refers to a comprehensive set of rules for assessing sustainable and ethical corporate practices. This is intended to ensure that companies act sustainably and are accountable for their actions, which is in the interests of shareholders and potential investors.
E for Environmental
This is about a company's impact on the natural environment. This includes aspects such as energy consumption, emissions, water use and waste management.
S for Social
This area deals with a company's relationships with its employees, customers, suppliers and the wider community. Topics may include employee rights, diversity, product safety and social commitment.
G for governance (corporate management)
This is about the way in which a company is managed and controlled. This includes topics such as corporate ethics, transparency, board structure and anti-corruption measures.
What are the ESG criteria?
ESG KPIs (Key Performance Indicators) or ESG criteria are used to measure progress towards sustainability goals. They enable the quantitative assessment of the success of an ESG strategy and the presentation of these results in the sustainability report. Clear and comprehensible classification systems are essential for this. However, there are currently no uniform guidelines and standards for selecting suitable ESG criteria. As a result, each company is forced to develop its own guidelines and create individually meaningful ESG KPIs.
ESG in the real estate sector
The topic of ESG is also becoming increasingly important in the real estate industry. Until now, companies have been able to decide for themselves how they implement sustainability. However, with the EU Sustainable Finance Action Plan, the European Union has introduced binding standards that define clear criteria for sustainable action. Sustainability is not new territory for the real estate industry, but the political dimension of the new requirements poses a challenge. At the same time, there is a lack of a comprehensive database, concrete industry standards and successful practical examples. Asset managers and project developers in particular face major challenges when it comes to implementation, as they have a significant influence on the sustainability of their investments.
In order to achieve the climate targets, the building sector will have to be held accountable to a much greater extent. Sustainability criteria throughout the entire life cycle of real estate are becoming increasingly important. This applies to the planning of new buildings, the renovation of existing buildings, acquisition by investors, letting and ongoing operation. This is particularly important as the building sector has not yet sufficiently met the targets of the Climate Protection Act.
Why ESG-compliant management?
- Risk management: ESG criteria help to identify and manage risks that could cause financial, legal or reputational damage.
- Investor interest: More and more investors are attaching importance to sustainable investments. Compliance with ESG criteria makes companies more attractive to a growing group of investors who want to invest their capital responsibly.
- Legal compliance: Compliance with ESG standards can also help to fulfill legal requirements. Regulatory requirements that oblige companies to comply with environmental and social standards as well as transparent corporate governance are increasing worldwide.
- Competitive advantage and market positioning: Companies that are leaders in ESG practices can position themselves as pioneers in their sector. This strengthens their brand, improves their competitiveness and can lead to better market positioning.
- Sustainable growth: By integrating ESG principles into the corporate strategy, long-term growth potential can be unlocked. Sustainable business models are often more resilient to shocks and changes in the market.
- Social contribution: Companies that comply with ESG criteria make a positive contribution to society and the environment. This can increase social acceptance and lead to a better relationship with stakeholders such as customers, employees and the local community.
PROBIS: The digital solution for better ESG performance
Companies should improve their ESG performance by collecting ESG data in real time and providing it transparently to internal and external stakeholders. Digital platforms offer the opportunity to collect, analyze and communicate data. By using AI and data analytics technologies, companies can gain valuable insights, identify risks and recognize opportunities to improve ESG performance.
Integrating digital solutions to improve ESG performance can help make companies more competitive and sustainable by promoting responsible business practices while improving financial results.
Efficient ESG management
PROBIS enables companies to manage ESG risks simply and clearly throughout the entire real estate process. PROBIS is the comprehensive real estate platform that covers everything from costing and controlling to ESG-supported asset management.
With the integration of advanced technologies and external data, PROBIS minimizes complexity and makes switching back and forth between different programs obsolete.
ESG reporting with intelligent cloud software
By connecting to the cloud, users have the option of accessing a central database containing all relevant information and key figures. This not only simplifies data collection and management, but also enables flexible and timely access to data from any location at any time. One of the most important functions of intelligent cloud software is data analysis. Companies can process large volumes of data in real time and gain valuable insights. This enables them to make well-founded business decisions and react to changing market requirements.
ESG Management 2.0 - AI-based software solution
AI-based software solutions in ESG management of real estate such as PROBIS use advanced algorithms and machine learning to efficiently analyze environmental, social and governance factors. These solutions can collect large amounts of data from different sources and process it in real time to assess environmental risks, social responsibility and governance practices. This enables companies and investors to identify potential risks and opportunities at an early stage, pursue sustainability goals and make informed decisions. The combination of AI and ESG in real estate management helps to optimize sustainability performance while ensuring the long-term value of real estate investments. Some advantages:
- Data analysis and assurance: AI can analyze large amounts of ESG-relevant data, including environmental data, social indicators and governance information. This enables informed decision-making and better risk assessment.
- Risk management: AI can help to identify and assess ESG risks in companies and investment portfolios. This includes environmental risks such as climate change, social risks such as human rights violations and governance risks such as poor corporate management.
- Sustainability assessment: AI can help companies and investors assess their sustainability performance by analyzing indicators such as carbon footprint, social impact and ethical governance factors.
- Portfolio optimization: AI can help with the selection of sustainable investments and the optimization of investment portfolios to achieve ESG goals. This can take into account both financial returns and positive social and environmental impacts.
- ESG reporting: AI can enable the automated creation of ESG reports and dashboards to provide investors and stakeholders with transparency on a company's ESG performance.
- Early warning systems: AI can help to highlight ESG risks and opportunities at an early stage so that companies and investors can take proactive measures.
Redevelopment/ repositioning with ESG
Our ESG solution optimizes properties and portfolios in terms of CAPEX, appreciation and repositioning. PROBIS integrates external consumption, movement and usage data as well as micro & macro data for the best possible repositioning measures.
Real-time development with targets: PROBIS integrates live data per property, defines target transformations and monitors results after implementation
-Integration of ESG live data
-Energy class-based positioning matrix
-Preview of current or simulated target status
-Variant comparison for optimization
Reconciliation with the stranded asset curve
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PROBIS intelligently combines all cost management processes in one solution. Always have all costs and revenues under control throughout all phases of a project.
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- Risk analysis & early warning system
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