Real Estate for a changing world

Impacts, risks and opportunities

Our impacts, risks and opportunities

The impacts of the building and construction sector at the global level.

On a European scale, the building sector represents

  • 40%
    of EU energy consumption for building use
  • 36%
    of EU greenhouse gas emissions for building use

The impacts of our issues

Identification of the economic impact of BNP Paribas Real Estate's challenges

 

Impacts économiques
Risques
Opportunités
Enjeux

ODD 8 (targets 8.2-8.4)

Loss of customers by not anticipating new expectations

Non-sustainability of the economic model

Failure to respond to societal priorities

Economic failures of clients and occupants

Anticipating changes in the real estate sector

Adapting to post-pandemic expectations

Anticipating changes in the real estate industry

ODD 9 (targets 9.1-9.2)

Stopping or slowing down of activities

Lack of or poor crisis management

Lack of reactivity in case of crisis

Lack of crisis communication

Resilience Plan

Risk prevention and business continuity

ODD 9 (target 9.c)

ODD 16 (targets 16.4-16.a)

Insecurity and instability of information systems

Cybercrime

Information systems breakdown

Stable connectivity

Information networks and connectivity

ODD 16 (targets 16.4-16.5)

Lack of transparency

Regulatory and market non-compliance

Corruption, fraud, money laundering, anti-competitive behavior and non-compliance

Lack of exemplary governance

Corporate Social Responsibility

Business ethics and professional conduct

Ethics and transparency

ODD 11 (targets 11.3-11.a-11.b)

Loss of clients due to non-anticipation of new expectations

Lack of retention of business partners

Supply chain instability

New occupant expectations

Stability of the value chain

Co-creation with our customers and business partners

ODD 8 (Target 8.3)

ODD 11 (Targets: 11.a-11.b)

Lack of local economic involvement

Uncontrolled urbanization

Regional imbalances

Sustainable economy

Solidarity

Support for essential services

Positive local contribution

Identification of the environmental impacts of BNP Paribas Real Estate's challenges

 

Impacts environnementaux

Risques

Opportunités

Enjeux

ODD 6 (targets 6.2-6.3-6.4-6.5) 

Global water crisis

Groundwater pollution

Water stress

Conflicts over access to water

Biodiversity damage

Recycling and reuse of treated wastewater

Sound water management

ODD 7 (targets 7.2-7.3) 

Strengthening regulatory requirements for energy consumption

Strengthening the law on energy transition

Low carbon strategy

Renewable energy

Energy intensity and efficiency

Energy efficiency and sobriety

ODD 11 (target 11.2)

Lack of safe, accessible and sustainable public transport

Remoteness from urban centers

Sustainable mobility

Sustainable mobility

ODD 11 (targets 11.5-11.6)

Risks of pollution (air, light, noise and visual) and allergies for building occupants and residents

Sustainable cities and communities

Air quality and building comfort

ODD 12 (targets 12.2-12.5)

Resource scarcity

Pollution from waste

Poor product life cycle management

Regulatory non-recyclability

Building obsolescence

Circular economy

Flexibility and reversibility of buildings

Resources and circular economy

ODD 12 (target 12.2)

Regulatory non-compliance

Image and reputation in the markets

Non satisfaction of customers and occupants with environmental certification

HQE certification

Environmental labeling

High environmental performance and certification

ODD 13 (target 13.1-13.3)

Physical risks: low emission reductions and regulatory or market penalties

Transitional risks: weak in reducing emissions

Energy transition

Adaptability and resilience to climate change

ODD 13 (target 13.3)

Physical risks: global warming and impacts on the functioning of buildings and services

Instability and energy insecurity

Regulatory non-compliance in carbon neutrality

Low carbon strategy

Carbon neutrality objective

Low carbon products and services

ODD 15 (target 15.3)

Intensive land artificialisation

Soil sealing

Urban sprawl

Sustainable cities

Soil Artificialisation and Urban Sprawl

ODD 15 (targets 15.5-15.8-15.9)

Industrial accidents

Soil pollution and erosion

Accidents related to hazardous waste

Destruction of natural ecosystems

Concept of biophilia (living building) Biodiversity, biophilia and land use

Concept de la biophilie (immeuble vivant)

Biodiversité, biophilie et occupation des sols

Identification of the environmental impacts of BNP Paribas Real Estate's challenges

 

Impacts environnementaux

Risques

Opportunités

Enjeux

ODD 3 (targets 3.4-3.9) ODD 8 (target 8.8)

Occupational health and safety accidents

Building accidents for occupants

Customer health and safety accidents

Pandemic control

Wellness and quality of life

Telecommuting and flexibility

Building health safety

Service digitalization

Wellness, health and safety in buildings

ODD 4 (targets 4.3-4.4)

Lack of preparation of employees for changes in their jobs

Talent drain

Lack of employee commitment

Decline in employability

Digital transformation CSR training

Adaptation of employee skills to tomorrow’s professions

ODD 5 (targets 5.1-5.5) ODD 8 (target 8.5)

ODD 10 (targets 10.3-10.5)

Disengagement of women employees

Social non-compliance

Decline in performance

Image and reputation

Parity in governance

Diversity and professional equality

ODD 8 (targets 8.7-8.8) ODD 10 (target 10.2)

ODD 16 (target 16.10)

Human rights violations (forced labor, minors, migrants, personal data, living wage, non-excessive fees, etc.)

Inclusion Inclusion

Human rights and non-discrimination

ODD 12 (targets 12.6-12.8)

ODD 13 (target 13.3)

Departure of employees due to lack of sense of purpose and commitment to CSR (weakened culture)

Issues of reporting and appropriation of CSR

CSR policy

CSR training

CSR reporting

Integration of CSR in the business lines