SAP - ESG & the Importance of Digitalisation in Real Estate Industry
Common Sense Virtual Roundtable:

ESG & the Importance of Digitalisation in Real Estate Industry

October 27th, Successfully held

Presented by

SAP

Here’s what we discussed:

As real estate organisations progress into redesigning spaces, creating new experiences, adopting innovations, and inventing new business models, companies look toward technology as being the foundation in delivering adaptability, agility and resiliency to their business strategy in the new normal.

Digitalisation of real estate is now driven by the pervasiveness of devices, applications and intelligent tools that are entrenched to our everyday lives fuse into our lifestyle. These trends can provide for the extension to integrate and enhance the way that we live, work, and consume products and services with the spaces and environment within a property.

Technologies will enable people to interact directly with the building and spaces to create new experiences that not only deliver new and exciting business opportunities but as well provide for better security, safety and optimisation towards sustainability.

In this roundtable, real estate leaders discussed their biggest challenges and how they are working to build a profitable and sustainable path forward.

Solution Experts

Johnny Clemmons, LEED AP
Global VP & IBU Head – Real Estate & Construction at SAP
LinkedIn
David Coldrey
SAP Sustainability Champion
LinkedIn

Here is what we learned:

Srinivas Ilapavuluri, Head-Project Control, GMR Group

GMR has been doing a lot of work on the construction side of its business to become less reliant on fossil fuels. Despite glare issues, it was able to install solar panels generating 20-megawatts at one of its airports. It is also conducting rainwater harvesting and monitoring in addition to water recycling and reuse in its HVAC systems. GMR also has begun transitioning to smart toilets to further reduce its water usage.

Ivan Ng, Chief Technology Officer, City Developments Limited

Ng is seeing investors looking for larger residential properties because the shift to full-time hybrid and remote work. He collects data from the industry and the trend seems to hold across the board. There is a continued blurring between office and home space in the market.

In workspaces, he has been able to collect IOT data the shows workers checking air quality in their offices, sometimes more than once a day.

Investors have not been demanding ESG initiatives from them, but they have been working at sustainability for 25 years and have a dedicated team supported by the chief executive.

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About SAP:

SAP’s strategy is to help every business run as a sustainable intelligent enterprise. As a market leader in enterprise application software, SAP helps companies of all sizes and in all industries run at their best: 87% of the world’s total global commerce touches an SAP® system.

SAP’s machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers’ businesses into sustainable intelligent enterprises. SAP helps give people and organisations deep business insight and fosters collaboration that helps them stay ahead of their competition.

SAP simplifies technology for companies so they can consume their software the way they want – without disruption. SAP’s end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. The company has a number of solutions to support sustainability business processes from product carbon footprint to holistic reporting and steering.

With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people’s lives. For more information, visit www.sap.com.

Participation in the Virtual Roundtable is free of charge to qualified attendees. Once you’ve completed the registration, we’ll confirm your invitation and send you a calendar invite with a link to the meeting.

If you don’t qualify, we’ll suggest other learning events that may be a better fit for you.

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