INREV - ESG Standard Data Delivery Sheet (ESG SDDS)
This framework establishes a standardized template for reporting Environmental, Social, and Governance (ESG) metrics across non-listed real estate investments. It covers both fund-level and asset-level sustainability data, streamlining alignment with global regulatory frameworks and industry best practices. Ultimately, the standard aims to facilitate transparent, consistent, and efficient ESG data exchange between investment managers and institutional investors.
Last validated: September 7, 2026
Streamlined ESG Data Exchange and Reporting Efficiency
By providing a standardized template for both fund-level and asset-level metrics, the framework significantly reduces the reporting burden for asset managers. It enables data consumers to efficiently ingest and compare consistent sustainability data across non-listed real estate investments.
Seamless Alignment with Global Regulatory and Industry Frameworks
The standard natively integrates key compliance and performance indicators, such as EU Taxonomy alignment, GRESB scores, and science-based net-zero targets. This ensures fund administrators and investors can easily track and report against evolving global sustainability mandates.
Enhanced Transparency for Climate Risk and Performance Benchmarking
Capturing granular data like landlord versus tenant-controlled energy use, Scope 1-3 emissions, and physical climate risks empowers precise portfolio analysis. This deep transparency allows investors to accurately assess stranded asset risks and benchmark long-term ESG performance.
Resources and References
Mapping of other ESG industry frameworks and regulations
Mapping of other ESG industry frameworks and regulations
FAQs
What is the INREV ESG Standard Data Delivery Sheet (ESG SDDS)?
Who should use the INREV ESG SDDS?
How does the ESG SDDS align with existing global regulations and industry frameworks?
What are the key technical components of the ESG SDDS data structure?
How does the standard handle operational carbon emissions and energy consumption?
Does the standard account for climate-related risks?
How is the INREV ESG SDDS implemented in practice?
Terms & Glossary
AUM (Assets Under Management)
The total market value of the operating real estate assets managed by the investment vehicle or fund.
CRREM (Carbon Risk Real Estate Monitor)
A reference framework and tool that provides the real estate industry with transparent, science-based decarbonization pathways aligned with the Paris Agreement climate goals.
Embodied Carbon
The total greenhouse gas emissions associated with the materials and construction processes of an asset throughout its whole lifecycle, including extraction, manufacturing, transportation, and end-of-life disposal.
Energy Intensity
A metric used to measure the energy efficiency of a real estate asset, calculated by dividing the total energy consumption by the gross floor area over a specific period (e.g., kWh/area/yr).
ESG SDDS (ESG Standard Data Delivery Sheet)
A standardized reporting template developed by INREV to facilitate transparent, consistent, and efficient exchange of Environmental, Social, and Governance data between investment managers and institutional investors.
EU Taxonomy
A European Union classification system establishing a list of environmentally sustainable economic activities, used to determine the percentage of a fund's AUM that aligns with sustainable investment criteria.
GRESB (Global Real Estate Sustainability Benchmark)
An industry-driven organization that provides standardized and validated ESG performance data and benchmarks for the financial markets, specifically for real estate and infrastructure.
Gross Floor Area (GFA)
The total area of all floors of a building measured to the outside surfaces of exterior walls, used as the standard unit of measurement for calculating intensity metrics.
INREV
The European Association for Investors in Non-Listed Real Estate Vehicles, the industry body responsible for establishing guidelines and data standards like the ESG SDDS.
SBTi (Science Based Targets initiative)
A global body enabling businesses to set ambitious emissions reduction targets in line with the latest climate science to meet the goals of the Paris Agreement.
Scope 1 Emissions
Direct greenhouse gas emissions that occur from sources that are controlled or owned by an organization, such as fuel combustion in boilers, furnaces, or vehicles.
Scope 2 Emissions
Indirect greenhouse gas emissions associated with the purchase of electricity, steam, heat, or cooling. These can be reported using a location-based or market-based methodology.
Scope 3 Emissions
The result of activities from assets not owned or controlled by the reporting organization, but that the organization indirectly impacts in its value chain, such as tenant-controlled energy consumption.
Stranded Year
The projected year in which a real estate asset's energy or carbon performance will no longer meet regulatory standards or market expectations, rendering it obsolete or requiring significant capital expenditure to upgrade.
License: Free to use