Sustainability in the industry

Real estate industry

Sector: Construction and Real Estate

KI-generiertes Bild. Tool: Flux AI

Key fields in the industry

There are key sustainability fields, topics and criteria in every industry. For the selected industry, the three material fields are:

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Sustainability levers in the industry

The industry definition gives you an idea of where important sustainability levers lie in the respective industry.

Property developers and project developers, property management companies and real estate companies determine the sustainability of a building from the initial planning through the life cycle for decades. The industry faces complex challenges if it wants to ensure attractive investments, affordable rents and more climate protection.

Property developers can develop into central drivers of the construction transition – with planning geared towards transformation and the long term and high-quality implementation that takes costs and sustainability aspects over the life cycle into account. More and more photovoltaic systems and green spaces are being installed on roofs, entire city districts are being planned using wooden construction and are supplied in a climate-neutral manner via heating networks. The circular economy offers opportunities with the planning and digital inventory of building materials for reuse, the extension of life cycles, the revitalization of valuable building fabric, serial construction, the reuse of industrial and commercial brownfields and densification instead of building on “greenfield sites”. It is always important to create affordable living space and use neighborhood approaches to promote climate-friendly, networked mobility and lively neighborhoods.

The modernization of existing buildings and the construction of new non-residential buildings as carbon sinks and as climate-positive energy producers offer great potential for climate protection. Transformation succeeds by maximizing the decentralized generation of renewable energies for electricity and heat while minimizing the overall energy requirement. Ultimately, it is also important to make the business and participation models of property developers and project developers sustainable – e.g. by involving tenants in building assets via innovative rent-purchase hybrid concepts and cooperative models.

The industry includes, for example, project developers and property developers as well as real estate service providers for neighborhoods and residential and non-residential buildings, including the development of land. It includes planning, development, purchase, sale, rental, leasing, brokerage and management of land, buildings and apartments.

EU NACE classes in the industry

Unsure which industry is the right one? A comparison with the EU's granular NACE classification provides clarity.

NACE designation

41.10 – Development of land developers

68.10 – Purchase and sale of own land, buildings and apartments

68.20 – Rental, leasing of own or leased land, buildings and apartments

68.3 – Mediation and management of land, buildings and apartments for third parties

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