Questions abount Corporate loan-service buildings, Commercial Real Estate & Target setting tool

Tools
1

Hi there,

I’m writing to ask about Corporate loan-service buildings, Commercial Real Estate & Target setting tool.
Corporate loan-service buildings：

We’re trying to apply SDA on service buildings, however, currently we aren’t able to collect the size info of all floor area.
How do we fill in “Base year output” if we don’t have that information?
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We fill in number “1” in Base year output (the unit is square meter), which is denominator of emission intensity, so the ratio of emission intensity would be the max number. We are not sure if it is a rational way to do so.

Furthermore, if we are able to collect the info of all floor area in the future, our denominator will change, so that we can’t compare to our base year (2022).

Is it possible to estimate the floor area info? Or do you have any suggestions from SBT?

Commercial Real Estate ：
Regarding Financial carbon emission, we currently use EEIO as our reference, if we have actual data in the future, will that affect the carbon deduction ration?

Target setting tool ：
Can we still use version 1.2.2 for well below 2 C scenario?

Thank you very much for your help!

2

Hi Susan,

The best option would be to have the floor area information. If you do not currently have it, you could use an estimate as long as the method for estimation is disclosed and used consistently. However, as it is recommended to start gathering floor areas, it might mean that once the coverage of actual data is enough, you may need to rebaseline at that time.

Regarding the SDA tool, FIs may indeed currently use version 1.2.2.

Thanks,
Howard

3

Hi Howard,

Thank you very much for your reply!

However, there is one question left behind.

Commercial Real Estate ：
Regarding Financial carbon emission, we currently use EEIO as our reference, if we have actual data in the future, will that affect the carbon deduction ration?

Thanks!

4

Hi Susan,

As it is recommended to start gathering floor areas, it might mean that once the coverage of actual data is enough, you may need to rebaseline at that time, which may change the required emissions reduction rate.