Sustainable Real Estate
New building developments
AXA Real Estate is one of the pioneers in sustainable real estate development. We were among the first in the industry to acquire the High Quality Environment (HQE) certificate, an environmental classification for new asset development projects in France. To date, our projects have obtained sustainability labels in several geographies such as BREEAM, HQE, DGNB, Minergie, BBC or THPE.
Existing properties
AXA Real Estate is a founding member of the Green Rating Alliance, a major industry partnership for monitoring and improving the sustainability of existing buildings.
The Alliance aims to bring the Green RatingTM benchmarking and monitoring tool to the wider property industry, as well as exchanging best practices and continuously enhancing the methodology, tools and indicators.
We review environmental performance and potential through Green RatingTM audits, performed on a systematic basis as part of our acquisition due diligence process and focusing on six tangible indicators (energy, water, waste, well-being, transports and carbon). Real estate assets with no potential for improving their environmental performance are excluded from AXA Real Estate's investment scope.
We have also developed a proprietary Sustainability Toolbox for our asset managers, comprising of a focused set of efficient sustainability tools such as Automated Meter Reading, Green Leases and Green Ratings which are mutually supportive and can be applied systematically.
We don't practice sustainability in isolation. It is everybody's business and part of our daily investment routines and processes.
Jean-François Le Teno
Global Head of Sustainable Development