“Fight climate change by committing European real estate players to low-carbon building“
Sensations – Strasbourg (67) France – 9.300 sqm
Bouygues Immobilier – KOZ Architecture, ASP Architecture
Label BBCA Excellence – New Built
© Bouygues immobilier
The LCBI Initiative
The real estate industry accounts for more than a third of global CO2 emissions. To achieve carbon neutrality by 2050, all European countries need to reduce the carbon footprint of new, retrofitted and in-use buildings. Calculating carbon emissions at each stage of a building’s life cycle – construction, operations and end of life – is necessary to quantify the real carbon footprint of real estate.
The Low Carbon Building Initiative (LCBI), launched in 2022, unites major European real-estate stakeholders to promote low carbon buildings and reduce the CO2 emissions of European real estate by half (measured in a Life-Cycle Analysis). LCBI aims to create the first pan-European low carbon label measuring the carbon footprint of real estate based on a Life-Cycle Analysis.
News
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Bureau Veritas,
preferred certifier
From Arnaud Regout
President of LCBI Advisory Committee, Chief Investment Officer BPI Real Estate (CFE Group)
President of LCBI Advisory Committee, Chief Investment Officer BPI Real Estate (CFE Group)
Association BBCA
The French association BBCA provides the technical support needed for the initiative.
Timetable
March 2022 : LCB Initiative is launched with nine major European real-estate stakeholders as sponsors
April 2022 : A scientific Committee is set up in order to conduct data analysis, benchmarks, expert reviews across Europe
March 2023 : LCBI Methodology is revealed in its first version, V0.1
May to November 2023 : Pilot phase – LCBI V0.1 is tested on 16 projects across 7 European countries to gather feedback.
January 2024 : Launch of LCBI V1.0, updated thanks to pilot phase. LCBI certification scheme is available in 8 European countries, for new construction.