The real estate and infrastructure industry has demonstrated its deep commitment to and continued progress in sustainable market transformation, driven by evolving investor expectations, regulatory imperatives, and the urgent need to address climate-related risks, according to a recent report.

In the real estate sector, net-zero targets are on the rise, finds the 2024 Real Estate and Infrastructure Benchmark report, with a 15% increase in participants setting net-zero goals, now reaching 65%; of these, 29% of real estate participants have incorporated embodied carbon into their net-zero plans.

As well, climate risk adoption remains high with 94% of participants incorporating resilience into their climate strategy.

In the infrastructure area, 90% of participants reported 100% data coverage for both Scope 1 and  2 emissions, emphasizing transparency in emissions reporting.

As well, 65% of infrastructure participants now have a net-zero target (up from 60%).

The report, which was published by GRESB, the Dutch environmental, social and governance ratings provider, surveyed a record 2,223 real estate participants and 887 infrastructure participants (fund and asset), representing almost US$9 trillion in gross asset value.