IBPDI X SUSTAINABILITY: UPDATE ON ENERGY & RESOURCES - June 1st, 2021

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IBPDI X SUSTAINABILITY: UPDATE ON ENERGY & RESOURCES - June 1st, 2021
IBPDI X SUSTAINABILITY:
UPDATE ON ENERGY & RESOURCES

June 1st, 2021
                               © IBPDI All rights reserved Confidential
IBPDI X SUSTAINABILITY: UPDATE ON ENERGY & RESOURCES - June 1st, 2021
4.00-4.10 Welcome to the IBPDI
                              _Rebekka Ruppel, President

                   4.10-4.25 How Sustainability will impact the
                             value of RE and its impact on CDM
                              _Andrew Knight, RICS

AGENDA             4.25-4.40 The current state of the climate
JUNE 1ST: 4-5 PM             protection policy
                              _Susann Bollmann, DENEFF

                   4.40-4.55 IBPDI Energy & Resources cluster
                             updates
                              _Dr. Jens Hirsch, BuildingMinds

                   Short Break (5min)

                                                           © IBPDI All rights reserved Confidential
IBPDI X SUSTAINABILITY: UPDATE ON ENERGY & RESOURCES - June 1st, 2021
5.00-5.25 Intro: New Contributors in Energy &
                             Resources
                             _Reinhard Nowak, LineMetrics
AGENDA                       _Marc Baranski, aedifion
                             _Patrick Bergmann, Madaster
JUNE 1ST: 5-6 PM             _Julia Wein, Institute of Real Estate Economics

                   5.25-5.40 Intro: Energy-cluster
                             _Daniel Stauffer, energie-cluster.ch

                   5.40-6.00 Speed Networking

                                                            © IBPDI All rights reserved Confidential
IBPDI X SUSTAINABILITY: UPDATE ON ENERGY & RESOURCES - June 1st, 2021
WELCOME TO THE IBPDI
REBEKKA RUPPEL
PRESIDENT

                       © IBPDI All rights reserved Confidential
IBPDI X SUSTAINABILITY: UPDATE ON ENERGY & RESOURCES - June 1st, 2021
CREATING THE COMMON DATA MODEL FOR REAL ESTATE

                                      38 Members
                                        34 Contributors
                                         4 Supporters

                                             © IBPDI All rights reserved Confidential
IBPDI X SUSTAINABILITY: UPDATE ON ENERGY & RESOURCES - June 1st, 2021
CDM FOR REAL ESTATE: CLUSTER OVERVIEW

                                       Portfolio /
                                         Asset
                                                      Property
                                                                               7 Active working groups
                           Transaction Manageme
                                           nt        Management
                           Management
                                                                               2 Cluster results released
                                                              Facility
               Construction                                 Management
               Management
                                                                                 Compatible standards

            Investment                                              User &
            Management                                             Customer       7 Digital Building Twin
                                                                  Experience
                                                                                  2 Portfolio-/Asset Management
                                                                   Energy &
             Market Data                                          Resources       3 Energy & Resources
                                                                                  3 Financials
                                                              Order
                 Financials                                 Management            2 Property Management

                             Project    Organisati   Document                     6 Facility Management
                           Management     onal         ation
                                        Managem                                   1 Organizational Management
                                           ent

                                                                                             © IBPDI All rights reserved Confidential
IBPDI X SUSTAINABILITY: UPDATE ON ENERGY & RESOURCES - June 1st, 2021
ROADMAP & MILESTONES: HIGH PRIORITY CLUSTERS 2021

                                                                                              ongoing due to dependency on other clusters

Digital Twin WS 1                                                       6 WS
Energy & Resources WS 1                                                                6 WS
          Portfolio & Asset Mgmt. WS 1                                                    6 WS

       Sep. '20           Nov. '20       Jan. '21        Mar. '21              May. '21           Jul. '21       Sep. '21        Nov. '21                 Dec. '21

                                           Property Mgmt. WS 1                                                       6 WS
                                                        Financials WS 1
                                                                 Facility Mgmt. WS 1                                          6 WS
                                                                  Organizational Mgmt.                                                   6 WS

                                                                                                                August: intention to start working
                                                                                                                  on Investment & Transaction
                                                                                                                         Mgmt. clusters

PHASE 1: After approximately 6 workshops the first phase is completed, and a cluster structure (entities with attributes) is defined.
PHASE 2: Workshop will be continued if cluster need to be further defined OR if updates need to be implemented.

                                                                                                                                 © 7 | © 2021 IBPDI | all rights reserved
IBPDI X SUSTAINABILITY: UPDATE ON ENERGY & RESOURCES - June 1st, 2021
WE WOULD LIKE TO HEAR   .
FROM YOU

                            © IBPDI All rights reserved Confidential
IBPDI X SUSTAINABILITY: UPDATE ON ENERGY & RESOURCES - June 1st, 2021
HOW SUSTAINABILITY
WILL IMPACT THE VALUE
OF REAL ESTATE AND ITS
IMPACT ON THE CDM
ANDREW KNIGHT,
RICS

                         © IBPDI All rights reserved Confidential
IBPDI X SUSTAINABILITY: UPDATE ON ENERGY & RESOURCES - June 1st, 2021
•   Standards frameworks established and adopted in most jurisdictions
                             • International Valuation Standards (IVS)
                                  • RICS ‘Red Book’
                             • Uniform Standards of Professional Appraisal Practice (USPaP)
                                  • The Appraisal Foundation (TAF)
                             • European Valuation Standards (ERV)
                                  • TEGoVA ‘Blue Book’
                       •   Also impacted by regulations:
HOW DO WE VALUE REAL         • Mortgage Lending Value (MLV)
                                  • German Pfandbrief Act
ESTATE?                           • EU Capital Requirements Directive (CRD)
                                  • EU Capital Requirements Regulation (CRR)
                       •   Conducted for multiple purposes:
                             • Secured lending
                             • Financial reporting
                             • Investment decisions
                             • Risk management

                                                                      © IBPDI All rights reserved Confidential
•   Market value
                    • ‘The estimated amount for which an asset or liability should exchange
                       on the valuation date between a willing buyer and a willing seller in an
                       arm’s length transaction, after proper marketing and where the parties
                       had each acted knowledgeably, prudently and without compulsion’ IVS
                       2020
              •   So, what does this mean?
FUNDAMENTAL   •   Market value reflects the market, it does not lead the market
                  Market value reflects the value that buyers place on all the attributes and
CONCEPTS      •
                  characteristics of an asset at a particular point in time – the valuation
                  date
              •   Buyers need to have knowledge of the factors on which they base their
                  value judgements
              •   Valuers need data on comparable properties to generate market value

                                                                 © IBPDI All rights reserved Confidential
•   The market needs to have sustainability data available for the asset being
                          valued and for similar assets for comparability purposes
                      •   The sustainability characteristics themselves must be valued by buyers
                          either as desirable in themselves or through clear correlation and
                          causation of superior financial performance such as:
                            • Higher rental income
WHAT DOES THIS MEAN         • Longer leases
FOR SUSTAINABILITY?         • Higher quality tenants
                            • Fewer voids
                            • Reduced operating costs
                            • Reduced obsolesce costs and protection against stranded assets

                                                                       © IBPDI All rights reserved Confidential
•   Valuations require knowledge of all the characteristics of real estate
                          assets
                      •   Sustainability factors will never drive all the value of an asset
                      •   The CDM must be a comprehensive data set of all the characteristics of
                          an asset including its sustainability attributes
WHAT DOES THIS MEAN   •   The gap between ‘theoretical’ accreditation schemes and actual
                          performance needs to be addressed with continual operational data
FOR THE COMMON DATA       captured in the CDM
MODEL (CDM)?          •   The CDM must support analytics to demonstrate the correlation and
                          causation of sustainability valuer drives that are reflected by observable
                          market transactions

                                                                        © IBPDI All rights reserved Confidential
THE CURRENT STATE OF
EUROPEAN CLIMATE
PROTECTION POLICY
AND WHY NOW IS THE
PERFECT TIME FOR A
DATA STANDARD IN
REAL ESTATE
SUSANN BOLLMANN,
DENEFF

                       © IBPDI All rights reserved Confidential
• There are 21    million properties in Germany.
                        •   Buildings account for 35% of total German

THE REAL ESTATE             energy consumption (similar at EU level)
                        • To achieve our climate protection goals, primary energy
SECTOR IS CRUCIAL FOR
                          demand must be reduced by 80% by 2050.
ACHIEVING THE GERMAN
                        • Real estate is a durable good with long investment cycles -
AND EUROPEAN CLIMATE
                            office buildings have a lifespan of around 50                  to 75
PROTECTION TARGETS
                          years.
                        • Approx. 9 trillion € are invested in real estate as
                            national assets - losses in value are sensitive.

                                                                  © IBPDI All rights reserved Confidential
We are currently         Combination of                     COVID-19 has an
                          learning what            crises poses a high                influence on the real
EVEN THOUGH THE           exponential effects      risk.                              estate value.
AGENDA IS DRIVEN BY       mean.

COVID, WE BELIEVE THAT
CLIMATE PERFORMANCE
WILL BECOME ONE OF
THE MAIN VALUE            Prevention instead       Crises accumulate:                 Risk & potential for
DRIVERS OF A BUILDING -   of aftercare:
                          When exponential
                                                   Right now we are
                                                   feeling the effects of
                                                                                      buildings:
                                                                                      There is evidence
EVEN STRONGER IN AN       curves are involved,     a crisis. Can our                  that in a bearish
                          action must be taken     economy & society                  market sustainable
ECONOMIC DOWNTURN         at a very early stage,   cope with two crises               buildings remain
                          otherwise the            at the same time?                  more resilient.
                          development gets
                          out of control.

                                                                         © IBPDI All rights reserved Confidential
WITH ONGOING DEVELOPMENTS IN EUROPEAN AND GERMAN CLIMATE PROTECTION POLITICS, THE REAL ESTATE SECTOR
GETS UNDER PRESSURE TO INCREASE ITS CLIMATE PROTECTION PERFORMANCE

                                                                                                                                EU Climate
                                              Task Force on                                                                        Law
                  Staying on a “below 2      Climate-Related        e.g. stricter goals for      Green Deal &
                    degree trajectory“     Financial Disclosure       energy efficiency        Renovation Wave

                 2010               2015           2016            2018             2019           2020                        2021

             e.g. climate neutral       e.g. sector-    e.g. maximum energy     Climate        EU Action Plan on
             building stock until      specific goals        consumption    protection law    Sustainable Finance
                     2050                                     (scenarios)   incl. subsector      / Taxonomy
                                                                                  goals

                                                                                               © IBPDI All rights reserved Confidential
EXCERPT: CLIMATE AND ENERGY POLICY REGULATION DENSITY IN THE BUILDING SECTOR WILL CONTINUE TO INCREASE
                                                                                                                                       NEW
                                                                                                                                           :
                                                                                                                                    Clima EU
                                                                                                                                         te La
                  National regulatory framework                                                    EU - Policies                              w

  1.    Klimaschutzgesetz with binding annual sectoral targets until                             Binding GHG Target
        2030, annual review and automatic follow-up.                                              from -40 to -55 %?

   National Emission Goal 2030 (Mt CO2)   Gebäudeziel: ca. -40% bis 2030
                                                                                                 Governance non-ETS
           858                                 117
                                                                           European        with costs in case of misconduct
                         543                                     70
                                                                           Green Deal
          2018          2030                  2018              2030                       Energy Efficiency Directive (EED)
                                                                                +              annual reduction targets
  2.    CO2 price in heat and transport sectors from 2021, with                            Energy performance of buildings
        initially fixed increasing prices, then cap-and-trade.             EU Renovation           directive (EPBD)
                                                                           Wave              Standards, Energy Certificate
  3.    Gebäudeenergiegesetz 2020 summarises requirements for                              Renewable energy directive (RED)
        new and existing buildings                                                              Goal für renewables

                                                                                            Reporting duties & Disclosure
                                                                                             Financial Sector, Taxonomy

                                                                                                 © IBPDI All rights reserved Confidential
KEY LEARNINGS: THE REAL ESTATE SECTOR IS INCREASINGLY REQUIRED TO "DELIVER“. DATA IS CRITICAL IN ORDER TO
MAKE THE RIGHT DECISIONS

      Policymakers are                  This leads to a paradigm            Whereupon transparency
      increasingly setting rules        shift in the financial sector       must first be created in            Now data analyses must lead to
      for climate protection and        towards including climate           the real estate sector              concrete and measureable
      thus increasing the               risks in calculations               through data                        climate protection actions
      pressure

  •     Both in Germany and at      •     As a result of the            •    In the first step, energy      •   Data is not an end in itself
        EU level, climate targets         regulations, climate risks         consumption must be                but the basis for discussion
        are increasingly being            are coming into focus for          recorded in a standardized         and decision-making.
        translated into concrete          the financial market.              way in order to keep           •   These recommendations for
        regulations (e.g.           •     The perspective shifts             transaction costs low.             action must be implemented
        Taxonomy, Renovation              from "what do I gain if I     •    Data tools can contribute      •   And their effect must in turn
        Wave, GEG).                       invest in climate                  to automation and                  be measured with the data
  •     At the same time,                 protection" to "what do I          evaluation in this process
        Germany has significantly         lose if I do not invest in    •    However, target group-
        expanded its funding              climate protection".               specific recommendations
        landscape for climate-      •     The financial market is            for action are usually still
        friendly construction and         thus also making demands           lacking.
        renovation (BEG)                  on real estate owners

                                                                                                                     © IBPDI All rights reserved Confidential
FOR THE RIGHT DECISIONS TO BE MADE AT THE RIGHT POSITION, THE DATA MUST BE EVALUATED ON A USER-SPECIFIC
BASIS
                                                  Stakeholders…                                                                         … need key figures for …

                                                                                                                                 Investment management, total return
   Groups receive information and make

                                                 Shareholder, Investor                             Owner                                   on investment
           decisions based on it

                                                         CEO                                                                    Shareholder & sustainability reporting, overall
                                                                                                Corporate/                               corporate management,
               Control level

                                                                                                divisional                           Management of the business units
                                                 Sustainability Management                     management

                                                                                       nt
                                              Fonds & Investment

                                                                                    me

                                                                                                                    Da
                                                                                                                                          Portfolio control, evaluation of

                                                                                                                      ta
                                              Management

                                                                                 ge
                                                                                                                                        (dis)investments at portfolio level

                                                                                                                      su
                                                                               na
                                                                                                Controlling

                                                                                                                        pp
                                                                             Ma
                                         Appraiser & Valuer

                                                                                                                           ly
                                                    Asset Manager
Groups provide data, collect
information and implement

                                                                                                                                                     Operational control,
                                                   Property &
                                                                                            Supporting activities                                 Analyses at object or plant
     Information level

                                                   Facility                                                                                                 level
         decisions

                                                   Manager

                                              Tenant, user                                                                                                      Cost control,
                                                                                                                                                            Ensuring functionality
                                                                                                   Users                                                       at object level

Eigene Darstellung in Anlehnung an ZIA (2013)

                                                                                                                                          © IBPDI All rights reserved Confidential
THEREFORE, NOW IS THE
TIME TO ESTABLISH A
GENERAL DATA
STANDARD SO THAT
EVERYONE IN THE REAL
ESTATE SECTOR "SPEAKS
THE SAME LANGUAGE".

                        © IBPDI All rights reserved Confidential
Definition of         Input of Data           Insights                       Action +
                        Data                                                                         Monitoring
BUT JUST SPEAKING THE
SAME LANGUAGE IS NOT    Data definition and
                        collection
                                              Defining the quality
                                              and quantity of
                                                                     Use the data to
                                                                     create graphics
                                                                                                   Reduce CO2
                                                                                                   emissions and
ENOUGH, WE ALSO NEED    Almost completed      required data          that show the
                                                                     status of the
                                                                                                   energy
                                                                                                   consumption of
                        by IBPDI              Prioritization: What
TO PUSH FOR             E.g. natural gas      are minimum data       buildings/ portfolio          every building in
                                                                                                   order to become
                        consumption,          requirements? E.g.     E.g. graphical
MEASURABLE CLIMATE      heating days, final   via an Excel Sheet     representation of             climate-neutral

                        energy                                       when a building is
ACTION.                 consumption                                  no longer on the
                                                                     2050 climate
                                                                     protection path

                                                                               © IBPDI All rights reserved Confidential
EXAMPLE: SYSTEMATIC SCREENING OF TRANSITORY CLIMATE RISKS IN REAL ESTATE IS BECOMING INCREASINGLY
IMPORTANT FOR THE CAPITAL BORROWER AND LENDER SIDE

                                         ü CSR activities & reporting, e.g. according to TCFD
                                         ü Guidelines for purchase/sale of assets, specifications for
                          Corporate
                                           renovation "paths", if necessary with cost/benefit considerations.
                           Strategy
  Depending on the                       ü Consider in risk management at U-level, e.g. provisions                                             The following are
  results of the                                                                                                                               relevant for the
  building analysis,                     ü Define portfolio goals / plan budgets if necessary.                                                 financier:
  there are various                      ü Purchase:. Define minimum standards OR take into account in                                         • Possible changes
  strategic and           Portfolio
                                           purchase price negotiations AND plan investments if necessary.                                        in the lending
  operational options     Strategy
                                         ü Sale: In the case of portfolio restructuring, preferential sale of                                    value of the
  for action for the                       risky properties if necessary                                                                         covered pool
  players involved in
                                         ü Define individual targets & strategy for asset (upgrade vs. sell vs.                                • Reputation risks &
  the real estate
  company, especially                      hold)                                                                                                 market risks
  C-Level, portfolio                     ü Consider in management/investment plan
                                              Service & Maintenance              Early plant renewal    Full renovation to 2050                • Suitability for
  and asset             Asset Strategy   •   Hydraulic balancing          •   Change of energy source   compatibility                            "green" products
  management.                            •   Optimisation of system       •   Conversion to LED         • Insulation of the building
                                             settings                         lighting                     envelope                            • Upselling
                                         •   Adjustment of operating      •   Modernisation of TGA      • Renewal of facade & glazing
                                             times                        •   Building Management       • New heating, ventilation and
                                         •   Green electricity purchase       System                       air conditioning systems
                                         •   Intermediate meter                                         • Renewable energies

                                                                                                                            © IBPDI All rights reserved Confidential
THAT'S WHY WE WANT
TO GET INVOLVED IN
IBPDI BY BRINGING THE
IBPDI ENERGY AND
RESOURCES CLUSTER TO
LIFE.

                        © IBPDI All rights reserved Confidential
WE ARE LOOKING FORWARD TO
OUR COLLABORATION. IF YOU
HAVE ANY FURTHER QUESTIONS,
PLEASE DON’T HESITATE TO ASK
OR GET IN TOUCH WITH US

           Susann Bollmann
           DENEFF Member of the Board of Directors and Head of
           Projects
           susann.bollmann@deneff.org

                                                                 © IBPDI All rights reserved Confidential
IBPDI ENERGY &
RESOURCES CLUSTER
UPDATES
DR. JENS HIRSCH,
BUILDINGMINDS

                    © IBPDI All rights reserved Confidential
CDM FOR REAL ESTATE:
FLEXIBLE STRUCTURE
FOR DATA COLLECTION,
EXCHANGE, PLANNING,
BENCHMARKING &
CALCULATIONS.

                       © IBPDI All rights reserved Confidential
Detailled resource consumption & emission monitoring

PUSHING THE CDM FOR
REAL ESTATE INTO
PRACTICE

RESOURCE
CONSUMPTION
MONITORING

                                                         © IBPDI All rights reserved Confidential
Benchmarking portfolios‘ sustainability performance | Carbon pricing

PUSHING THE CDM FOR
REAL ESTATE INTO
PRACTICE

SUSTAINABILITY
TARGETS & CARBON
PRICING

                                                                    © IBPDI All rights reserved Confidential
Key Entities in the Energy & Resources Cluster

   OperationalMeasurement            Retrofit Sub-Cluster

   GhgEmissions                           Measure

   EmissionFactor                         Retrofit                     CLUSTER UPDATE
                                                                       CLIMATE, SCENARIOS,
   SustainabilityTargets                  Impact
                                                                       RETROFITTING
   SustainabilityIndicators               RetrofitScenario

   Climate                                RetrofitToRetrofitScenario

                      CDM V 1.0      New entities V 1.2

                                                                               © IBPDI All rights reserved Confidential
Increased cooling demand in a warmer climate

                                                                                                                                                            Climate

PUSHING THE CDM FOR
REAL ESTATE INTO
PRACTICE                                          Source: Spinoni et al., 2017. Changes of heating and cooling degree‐days in Europe from 1981 to 2100.

                                                                         Impact on energy consumption & emissions

CLIMATE IMPACT         OperationalMeasurement

SCENARIOS              GhgEmissions

                       SustainabilityIndicators

                       + ClimateScenario

                                                                                                                                                          © IBPDI All rights reserved Confidential
Simulate, plan & manage energetic retrofits

PUSHING THE CDM FOR
REAL ESTATE INTO
PRACTICE

RETROFIT
MODELLING

                                                    © IBPDI All rights reserved Confidential
Simulate, plan & manage energetic retrofits

PUSHING THE CDM FOR
REAL ESTATE INTO
PRACTICE

RETROFIT
MODELLING

                                                    © IBPDI All rights reserved Confidential
IoT-Sensors &     Utility
 Smart-meters    Provider    NEXT STEPS
                             IoT, SMART METERS, LCA,
                             EMBODIED CARBON,
                             REPORTING

LCA / Embodied   Reporting
    carbon

                                     © IBPDI All rights reserved Confidential
INTRO: NEW
CONTRIBUTORS IN
ENERGY & RESOURCES

                     © IBPDI All rights reserved Confidential
REINHARD NOWAK
LINEMETRICS

                 © IBPDI All rights reserved Confidential
But why does this give us such a headache in most projects?
                    1. Acquiring meaning-full sensor data from (existing) buildings is often
OPTIMIZATION OF        complex and expensive
ENERGY EFFICIENCY   2. Data is not processed and shared in a structured format
REQUIRES
SENSOR DATA.

                                                                    © IBPDI All rights reserved Confidential
Couple of challenges when acquiring sensor data:
                       •   BMS / energy consumption data mainly available in newer buildings (20%)
                       •   Heterogenous environment (power, gas, water, heat/cold)
                       •   High cost per connected measurement point high (bad ROI)
WHY IS IT COMPLEX TO   •   Needs more sensor data for holistic view
GET SENSOR DATA FROM       (Example: “energy saving” during covid lockdown..?)
EXISTING BUILDINGS?

                                                                       © IBPDI All rights reserved Confidential
TECHNOLOGY COMBINED
WITH A STRONG FOCUS
AT SIMPLICITY ALLOWS
TO ACQUIRE SENSOR
DATA EASY AND ON
SCALE.

                       © IBPDI All rights reserved Confidential
Structured Data enables a couple of game changer:
                       •   No more silos: Share acquired sensor data with many applications and
                           services. It does not cost a single cent to reuse-data in multiple
                           applications…
STRUCTURED DATA AND
STANDARDS ARE KEY TO   •   Benchmarking: Structured sensor data combined with a digital twin allows
                           you to compare your properties and do benchmarking
SUCCESS.
                       •   Interoperability: Use the best tools and services which fit best for your
                           business and don’t care about interfaces

                       •   Digital Asset: Historical sensor data of a building provides insights and
                           documentation during the due diligence of a transaction process.

                                                                          © IBPDI All rights reserved Confidential
MARC BARANSKI
AEDIFION

                © IBPDI All rights reserved Confidential
MAKING BUILDINGS
SUSTAINABLE IS EASY, IF
YOU HAVE 3 INGREDIENTS:
1. OPEN INTERFACES
2. STRUCTURED DATA
3. AND SOFTWARE THAT
   DELIVERS EXCELLENT
   ENGINEERING AS-A-
   SERVICE.
                            Quantify      Increase                        EnsureFuture
                          Performance   Sustainability                      Viability

                                                         © IBPDI All rights reserved Confidential
•   Connectivity for new & old buildings:
                       Making all systems available

                   •   Central data hub:
                       Consolidate & structure data

BUILDINGS SIMPLY   •   Data analysis:
                       Reveal optimization potential
MADE BETTER
                   •   Optimize operation:
                       Establish advanced controls

                   •   Interfaces:
                       Integrate existing and future systems

                                                               © IBPDI All rights reserved Confidential
•   Open Application Programming Interface
                          https://api.aedifion.io/ui/
A COMMON DATA MODEL
MATTERS TO US         •   Extensive documentation and resources
                          https://docs.aedifion.io/en/

                                                                   © IBPDI All rights reserved Confidential
AEDIFION GMBH

WWW.AEDIFION.COM

       © IBPDI All rights reserved Confidential
PATRICK BERGMANN
MADASTER

                   © IBPDI All rights reserved Confidential
DRIVEN BY VISION
FACILITATE THE
CIRCULAR ECONOMY

                   © IBPDI All rights reserved Confidential
A CLOUD PLATFORM
NEEDS A COMMON DATA
MODEL

       © IBPDI All rights reserved Confidential
A VIBRANT ECOSYSTEM
CIRCULAR REAL ESTATE
NEEDS AN UNIVERSAL
DATA LANUGAGE

                       © IBPDI All rights reserved Confidential
JULIA WEIN
INSTITUTE FOR REAL
ESTATE ECONOMICS

                     © IBPDI All rights reserved Confidential
CARBON RISK REAL
ESTATE MONITOR &
IBPDI

                   © IBPDI All rights reserved Confidential
v For a unified model and strategy of consolidating standards

             v Continuously developing the CDM for Real Estate accessible to all

             v Addressing the industry’s enormous environmental impact with
               standardized metrics

             v CRREM as an interface for the Energy & Resources cluster. Mapping the
WHY IBPDI?     carbon footprint of both entire real estate portfolios and individual
               buildings

             v CRREM as part of the IBPDI CDM for Real Estate, we can make carbon
               risk assessment & decarbonization of the building sector measurable &
               targetable

             v Built for complete compatibility with GRESB

                                                             © IBPDI All rights reserved Confidential
© IBPDI All rights reserved Confidential
Key benefits using CRREM:

                      v Monetarization of transition risk for operational carbon emissions

                      v Identification of Paris-alignment on property level & target setting - 1,5 and

MAKING                   2 degree scenario

DECARBONIZATION OF    v Paris-aligned decarbonization pathways for all countries and use types

THE BUILDING SECTOR      derived, which can serve as a benchmark

MEASURABLE,           v Scenario analysis with retrofit

ANALYZABLE AND –      v Use of default data or own assumptions

MOST IMPORTANTLY –    v Vast amount of background data for different metrics (EF, Carbon Price,
                         HDD/CDD, etc.)
TARGETABLE.
                      v Solid downscaling methodology (SDA, Sbti etc.)

                      v Kwh and carbon intensities available

                      v Aligned with many initiatives (GRESB, INREV, PCAF, etc.)

                                                                       © IBPDI All rights reserved Confidential
INTRO: ENERGIE-
CLUSTER
DANIEL STAUFFER,
ENERGIE-CLUSTER.CH

                     © IBPDI All rights reserved Confidential
Daniel Stauffer
                          Project Manager Building Connectivity

                          Co-Founder | INEXTR

We are…

§ … a specialized management consultancy, that follows developments and trends
  in
     a very targeted manner and translates them into value-adding concepts and   Process                 Policy
     solutions for our customers.

§ … experienced in practice, committed, visionary and solution-oriented.

§ … at home in the energy -, real estate - and building technology industry.     People            Technology

è Competences and project management as a valuable service!

                                                                                    © IBPDI All rights reserved Confidential
Framework

                       § Buildings are extremely important areas for achieving climate targets and
                         using energy efficiently.

                       § Digitalization offers an important tool to achieve these goals and can
                         improve the well-being of residents.

                       § In order to contribute the climate and energy goals, the interaction of the
                         individual building trades, -disciplines and -technologies must be
PROJECT CONNECTIVITY     improved.
IN BUILDINGS.          § This is the aim of the "Connectivity in buildings" project.

                       Project Supporters

                                                                         © IBPDI All rights reserved Confidential
GOALS

                  § Preparation of a market and demand analysis on the topic: “Connectivity
                    in the building”

                  § Gathering existing knowledge and creating an overview in the following
                    areas:
                      § Interoperability
                      § Data protection
PROJECT GOALS &       § Cyber security

TIMELINE.         § Identifying the need for action to achieve the desired target state.

                  § Preparation of a first draft for a guideline.

                  § Interdisciplinary cooperation and networking of stakeholders in the
                    building sector.

                  TIMELINE

                  Start: Jun 20                                           Draft guidelines: Oct 21

                                                                    © IBPDI All rights reserved Confidential
RESULTS OF MARKET- AND NEEDS ANALYSIS.
 Results of the functionality / technology in the buildings.
 § Remarkable: only 20% of the respondents said, that the technical installations always work according to their
   expectations.
 § The main need for action is to optimize the operation of the buildings, to achieve a higher reliability in the
   technical framework and to save costs .
                      How connected are your buildings operated?
Proactive control
  mechanisms
   integrated.                                             Each building trade
       10%                                                  works for itself.
                                                                  34%
                                                                                                           How often are adjustments made to the
                                                                                                            building automation systems in your
   Highly energy-
   efficient room                                                                 Interoperability low!                  buildings?
  automation and
 networked building                                                              Need for action exists!
       trades.                                                                                                                                              0-5 Years
         3%                                                                                                 > 15 Years
                                                                                                               40%                                             30%

  Building trade-                                                                                                                                          6-15 Years
optimized solution,                                                                                                                                           30%
                                                      Standard room
     partially                                         automation.
    networked.                                             25%
       28%

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Results in terms of data security in the buildings.

RESULTS
MARKET AND        § The majority of building investors, building owners and building operators
                    are familiar with the data protection regulations.
NEEDS ANALYSIS.
                  § Cyber security has a very high priority.

                  § The main need for action is to build up know-how in the field of data
                    protection and cyber security in buildings.

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§ The development of a Big Picture requires a prior definition of the level of
                     detail and the perspectives. Otherwise the Big Picture becomes too
                     complex.
CONCLUSION
                   § Together with the project sponsors, the relevant topics (interoperability,
BASELINE PAPER &     data protection and cyber security) and their perspectives and needs were
                     jointly elaborated in various workshops.
BIG PICTURE.
                   § It was important for the project that the different building disciplines
                     (investors, owners, operators, planners, integrators, etc.) were involved in
                     the workshops. This allowed the different perspectives and needs to be
                     taken into consideration.

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§ Preparation and summary of the workshop results.

                      § Detailed analysis and development of initial approaches.

                      § Presentation of the basics, the challenges, the target state and the
                        correspondingly derived solutions or approaches.
NEXT PROJECT STEPS.
                      § Evaluation of the results from the second survey in cooperation with the
                        Lucerne University of Applied Sciences and Arts and with the support of
                        RICS.

                      § The results of the second survey allows a country comparison between
                        Switzerland, Germany and Austria, regarding the degree of digitization of
                        buildings.

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Besides all the technical challenges, the main challenge is a question of
                     "social" connectivity!

                     The following aspects are essential when it comes to convincing different
KEY FINDING          stakeholders:

TAKE-HOME MESSAGE.        § Trust

                          § Awareness

                          § Transparency

                          § Readiness

                                                                      © IBPDI All rights reserved Confidential
Name:            Daniel Stauffer
                   Company:         INEXTR GmbH | Bahnhofstrasse 36 | 6210 Sursee
                   E-Mail:          daniel.stauffer@inextr.com
                   Phone:           +41 41 508 49 41
                   LinkedIn:        https://ch.linkedin.com/in/daniel-stauffer-6a0915134

CONTACT DETAILS.   Project page:    www.energie-cluster.ch/kig

                   LinkedIn page:   https://www.linkedin.com/showcase/projekt-
                                    konnektivit%C3%A4t-im-geb%C3%A4ude-kig-
                                    /?viewAsMember=true

                   Survey:          https://de.surveymonkey.com/r/Projekt_KiG

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CREATING THE COMMON DATA MODEL FOR REAL ESTATE

                                     Website: www.ibpdi.org

                                     GitHub: https://github.com/ibpdi

                                     LinkedIn: https://www.linkedin.com/company/ibpdi/

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                                     Email: contact@ibpdi.org

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