CRREM: Powering Real Estate To A More Sustainable Future
The Carbon Risk Real Estate Monitor (CRREM) has emerged as a pivotal tool in the real estate industry's journey towards decarbonisation. By providing science-based decarbonisation pathways, CRREM helps property owners and investors align their portfolios with the Paris Climate Goals, aiming to limit global temperature rise to 1.5°C.
At KJ Tait, we use CRREM to inform our clients about the risk of their assets becoming stranded due to their carbon intensity. By employing advanced energy modelling tools like IES Apache HVAC, we provide detailed insights into a building's current and potential future energy use. This allows us to identify necessary operational adjustments and capital projects to improve energy efficiency and reduce carbon emissions.
IES Apache HVAC is a powerful tool for building services engineers, allowing for detailed, component-based HVAC system design and modelling. By using this software, we can assess the impact of various interventions on a building's energy performance. This holistic approach ensures that all aspects of the building's thermal performance are considered, leading to more effective and sustainable energy solutions.
Through the use of CRREM and tools like IES Apache HVAC, KJ Tait has successfully helped clients achieve significant reductions in energy intensity across various building types. These achievements not only contribute to the global decarbonisation effort but also provide a roadmap for other property owners and investors to follow. As the real estate industry continues to evolve, the integration of advanced energy modelling tools and science-based pathways will be crucial in achieving net-zero carbon goals.