ESG SDDS Wiring-Guide

Total of operational market-based scope 1,2,3 emissions covering both estimated and actual data. Operational carbon emissions cover only operational activities of the portfolio of the vehicle and do not include emissions generated through the organisation’s operations or by its employees, or upstream supply chain emissions (ref: GRESB). Market-based method quantifies scope 2 emissions based on GHG emissions emitted by the generators from which the reporting entity contractually purchases electricity bundled with instruments, or unbundled instruments on their own (ref: GHG Protocol, “Scope 2 Guidance”, Glossary, 2015).
 

Report the total operational carbon footprint for the reporting year by aggregating Scope 1 (ESG3.3/3.3.6), Scope 2 market-based (ESG3.3.2.1/3.3.7.1), and Scope 3 (ESG3.3.4/3.3.8) emissions.
Include emissions from both landlord-controlled and tenant-controlled areas. Ensure boundaries, coverage, and reporting periods are consistent across all scopes before aggregation.

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: If data coverage is partial or any scope is excluded, explain the reason and its potential impact on results.
Note 2: This metric is particularly relevant for entities procuring renewable energy through contractual instruments (e.g. PPAs, RECs, GOs) and supports transparency in investor reporting, regulatory compliance, and market-based decarbonisation tracking.