ESG SDDS Wiring-Guide

"The energy intensity of the vehicle for all assets for which both actual and estimated data is provided for total operational energy consumption (sum of landlord and tenant controlled). This is calculated based on the total actual and estimated operational energy consumption provided divided by total floor area. Recommended unit of measure for energy intensity is by floor area (ESG1.6.1: sqm/sqf), investment managers may identify and report KPIs on value (AUM basis)."
 

Expressed in kWh/m²/year, Energy Use Intensity (EUI) represents the ratio of total operational energy consumption (landlord- and tenant-controlled, actual and estimated) to the total floor area of the asset. 

The choice of denominator should be consistent and transparently disclosed. Use the total supply floor area as defined in ESG1.6 (Total Area), including the prorating rules for acquisitions and disposals. For consistency on the consumption side, apply the same treatment of acquisitions and disposals as described in ESG3.1 (Note 5).

This indicator is one of the six environmental factors considered most relevant for underwriting (see INREV (2025) Integrating environmental considerations in real estate underwriting paper).

Note 1: Note that EPBD/EPC frameworks express energy performance as an intensity per unit of floor area based on primary energy demand, whereas this indicator is based on operational energy consumption (landlord + tenant). The distinction should be made clear when interpreting results.
Note 2: This indicator aligns with ARESI KPI 10, which provides a structure for specifying the scope of energy included in the numerator (e.g., gross vs. net; measured vs. design; final vs. primary; including or excluding transition-enabling loads). The selected scope should be clearly stated and applied consistently across reporting.
Note 3: EUI is a building performance metric that measures total operational energy consumption relative to floor area. Some frameworks, such as SFDR Additional PAI 19 and ARESI KPI 9, also require reporting of Energy Consumption Intensity (ECI).