Massive changes in sustainable development foresee beginning of new era

Alina Oprea
Massive changes in sustainable development foresee the beginning of a new era in history: the Decarbonisation Era, according to BuildGreen, one of the leading ESG and sustainability consultancy companies in Central and Eastern Europe. The second decade of sustainable development practices brings more complex sustainability methodologies that completely change the role of BREEAM or LEED certifications. The number of certified buildings more than doubled in 2021-2022 compared to the first 10 years of green building across Central and Eastern Europe.

The Top 5 Sustainable Development trends of 2023 showed a major switch worldwide, with decarbonization criteria overcoming the standards imposed by today's green certification methodologies. Certifications remain one of the key pillars in sustainable development, but decarbonization requirements impose a more complex and stricter area of sustainability strategies in mostly all market segments.

The sustainable building landscape saw skyrocketing growth in the past 3 years, supported by the rapid evolution and implementation of Green Deal / Fit for 55 regulations. Sustainable development continues to evolve rapidly according to stricter standards and higher CO2 reduction goals.

Over 4734 real estate developments were certified between 2010-2022 just in the CEE area, with Poland (2092 certifications), the Czech Republic (751 certifications), and Romania (662 certifications) leading the sustainable development trend. Following a massive increase in the first decade of green building certifications, international methodologies such as BREEAM or LEED changed their role from leading standards and strategic targets to key tools for implementing sustainability strategies and decarbonization goals.

One example is represented by Romania, where the number of sustainable development certifications more than doubled in the past couple of years compared to the entire first decade: 332 certifications in 2021 and 2022, compared to just 300 between 2010-2020.

The major difference compared to the first decade is represented by the type of sustainability certifications – because of the increasing demand for nZEB, carbon footprint calculation, and ESG strategies. Building owners, developers, and architects increasingly recognize the importance of sustainability in the building sector, and reaching these standards imposes a much more complex set of actions, overcoming the classic building requirements – from concrete design and construction stage to mostly all market segments (energy, materials, distribution, waste and recycling, health, well-being and so on).

“The common standard that companies and investors need to respect today is Decarbonisation – a critical aspect in virtually all segments that define the Global economy. Looking at the rapid evolution in sustainability standards across the Globe, with the 2050 targets imposed worldwide, the role of decarbonization seems to surpass today's Digital Era. The sustainable development trends identified in the past two years foresee the beginning of a new era in history: the Decarbonisation Era”, says Răzvan Nica, BuildGreen founder, and Managing Director.

The top 5 sustainable building trends that continue to grow in H2 2023:

  1. Decarbonization – the new era worldwide: With massive pressure worldwide regarding the reduction of CO2 emissions, people are entering a period of transition towards a low-carbon economy, in which GHG (greenhouse gases) are significantly reduced or eliminated in order to mitigate the impacts of climate change.
  2. ESG in sustainable building: Building certifications, such as LEED and BREEAM, are likely to incorporate more ESG metrics in 2023. These metrics may include social sustainability indicators, such as community engagement and workforce diversity, as well as governance metrics such as transparency and accountability. Overall, ESG considerations are likely to continue playing an increasingly important role in sustainable building in H2 2023 and beyond and we may see more building owners and developers disclosing their ESG performance and reporting on their sustainability initiatives.
  3. EU Taxonomy: For buildings, the EU Taxonomy sets criteria to assess their sustainability in terms of energy efficiency, life cycle assessment, resource use, and greenhouse gas emissions. It considers factors such as energy performance, materials used, and the overall life cycle of the building.
  4. Increased use of sustainable materials: Building owners and developers are increasingly recognizing the benefits of using sustainable materials, such as reduced environmental impact, lower costs, and improved occupant health and comfort. More green building solutions through nature or recycled and reclaimed materials are becoming more popular: green roofs and walls, biophilic design, and zero-waste buildings.
  5. Net-zero energy buildings: More buildings seek to produce as much energy as they consume, with the use of renewable energy sources such as solar, wind, and geothermal energy. Romania made one step ahead towards nZEB already this year - As of February 2023, new technical regulations regarding the methodology for calculating the energy performance of buildings entered into force.

Energy efficiency has long been a key focus in sustainable building, and this trend is likely to continue in 2023. Building owners and developers may increasingly prioritize energy-efficient design features, such as high-performance building envelopes and efficient HVAC systems, as part of efforts to reduce GHG and operating costs.

Overall, the sustainable development landscape is likely to continue to evolve rapidly in 2023, as stakeholders demand more action on environmental and social issues regarding climate neutrality, and as businesses and governments respond faster to these demands.

BuildGreen is one of the leading ESG and sustainability consultancy companies in Central and Eastern Europe specializing in sustainable design, carbon neutrality, decarbonization, audit, and certification. The company stands out today with one of the largest numbers of properties assisted for sustainable development and certification across Europe - over 350 real estate developments in 18 EMEA countries, totaling over 10 million sqm and €10 billion investment.

BRD wants to contribute to a transition that is both proactive and responsible

BRD wants to contribute to a transition that is both proactive and responsible

BRD has strengthened its involvement in financing the transition to sustainability with the total volume of new sustainable financing reaching over RON 1.2 billion (€240 million) in the first half of 2023, says Flavia Popa, Secretary General, BRD Groupe Société Générale. She talked to the Green Forum about the target regarding the reduction of water and energy consumption in the BRD offices and also about the social projects that the bank supports.

Green Forum  |  28 February, 2024 at 7:00 AM
Green Forum  |  27 February, 2024 at 8:00 AM