Smart technology and sustainability are both front-of-mind for innovative real estate professionals around the world. Read on to find out how SmartScore certification and the EU’s Smart Readiness Indicator (SRI) work together to achieve smart and sustainable goals.
There is global innovation in the supply of energy towards a more renewable future. However, the global energy transition cannot be successful without also considering the impact it will have on the demand-side. The built environment is responsible for 40% of global energy related carbon emissions and, in the EU alone, CRE represented 35% of energy-related emissions in 2020.
As the built world continues to evolve, smart building technology will be a critical demand-side component in decarbonizing assets and supporting sustainable progress. But how do landlords and developers decide what’s best for their buildings? That’s where the EU’s Smart Readiness Indicator (SRI) and WiredScore’s SmartScore certification come in.
The Smart Readiness Indicator is a framework for buildings to implement the various energy demand-side innovations to allow buildings to participate in future energy markets. The framework also strives to improve operational efficiency within buildings, attracting and retaining high-quality occupiers with a first-class user experience. It forms a crucial part of the EU’s plans to cut greenhouse gas emissions by at least 55% by 2030, with the view to Europe becoming climate neutral by 2050. In fact, the aim is for SRI to become EU legislation in the next few years. The SRI framework has 9 domains, 7 impact categories and 54 advisory, smart-ready services. As the leading certification for smart technology in the built environment, SmartScore shares the SRI’s ambition to use technology to improve the energy and operational performance of buildings, and provide a top-tier occupier experience.
Here’s how the SRI and SmartScore certification work together to provide a framework for smart buildings that deliver on sustainability outcomes and provide an exceptional user experience:
How the SRI impact areas align to SmartScore certification outcomes.
Where the SRI’s smart-ready services overlap with SmartScore’s criteria.
The synergy between these two frameworks means that landlords and developers can use their SmartScore certification to get ahead of achieving SRI compliance. While different in full scope and intent, the overlaps between the two bodies will help to build or retrofit best-in-class assets to make sure they are ready for years to come.