Slättö is committed to creating superior, long-term value for investors. The climate impact of real estate is a risk for long-term value creation, but also an opportunity if we, as Slättö, can drive decarbonisation. This is why climate is a key focus area for us.
Approximately 26% of global greenhouse gas emissions come from the construction and operation of real estate. Emissions in construction are caused by the carbon embodied in materials used for new buildings, while emissions from the operation of real estate come from the energy needed to provide heat and electricity to buildings.
Reducing operational emissions is possible with improvements in energy efficiency, such as through better insulation and ventilation, and by increasing on-site renewable energy, through solar panels and geothermal energy.
Slättö actively works to minimise the carbon emissions of buildings while in use. We build energy-efficient assets with on-site renewable energy production. We also improve the energy efficiency of older assets and invest in solar panel installation. This is a win for the planet, but also for our tenants through lower energy costs, and for investors as we build portfolios that are attractive for the long term.
Slättö is also focused on reducing the climate impact of real estate construction. We have measured the impact of about a third of our construction projects and are integrating this into our ongoing investment activities.