Mandatory documentation to verify ESG-compliant projects
The EU taxonomy requires full disclosure of all ESG data regarding construction and real estate projects. These industries will be required to document their ESG compliance in the future, regardless of whether a project involves new, groundbreaking construction, or the renovation of existing buildings. All data will need to be fully disclosed to document how sustainable and energy-efficient a building is, or which materials are used (e.g. wood instead of concrete).
Digitalisation and the new Alasco ESG documentation feature
Because ESG will have a direct impact on the success of future projects, now is the time to start taking a holistic perspective when it comes to their documentation. This means linking the ESG success factor to financial numbers such as cost and income to make the right strategic decisions.
For real estate companies, mandatory documentation will require the storage of all kinds of paperwork needed for ESG audit. Its sheer volume could be substantial during larger projects, which could potentially mean losing track of documentation. This can be avoided by centrally storing it, allowing quick and easy retrieval any time investors have a question, or when certification is due.
Make time-intensive digging around for documents and information a thing of the past. Alasco’s ESG documentation lets anyone in the real estate industry who’s working on a project digitally gather and store their ESG data in one place. It’s at-a-glance, and a great foundation for making the right decisions in future projects. Alasco delivers an ESG document checklist of key EU verification data in accordance with the EU taxonomy. Documents can be quickly and easily structured into selected categories, and retrieved during a project at any time. Alasco’s new ESG feature is an important first step towards a holistic understanding and intelligent linking of the elements that will make any future real estate project a success. Get the most out of Alasco’s integrated view of your costs and earnings, including how ESG factors impact your projects, as you use its all-in-one solution to actively manage each of these key elements towards success – today and in the future.