About us
Launched in 2022, the Low Carbon Building Initiative (LCBI) unites major European real-estate stakeholders to promote low carbon buildings in Europe and create the first pan-European low carbon label measuring the carbon footprint of real estate based on a Life-Cycle Analysis.
ARBORETUM – Exterieur – ©WO2 – Leclercq Associés, Nicolas Laisné Architectes, DREAM
Label BBCA Excellence – Design stage New Built
Our Founding Sponsors
LCBI boasts its founding members from many different countries throughout Europe : BPI from Luxembourg, Belgium and Poland, NSI from the Netherlands, WO2 and ICAMAP from Luxembourg, France and United-Kingdom, and Generali Real Estate, BNP Paribas Real Estate as well as Covivio and Ivanhoé Cambridge with a European approach, and Struan Robertson.
AXA IM Alts
AXA IM Alts is a global leader in alternative investments with over €186 billion of assets under management [1] comprising c.€90 billion of primarily private real estate, over €85 billion of private debt and alternative credit, as well as over €10 billion in Infrastructure, private equity and hedge funds. We take a 360° approach to real estate & infrastructure investing with over €132 billion of assets under management in direct opportunities, held indirectly through debt and listed equities and via long term private equity investments into operating platforms.
BNP Paribas Real Estate
BNP Paribas Real Estate, one of the leading international real estate providers, offers its clients a comprehensive range of services that span the entire real estate lifecycle: Property Development, Transaction, Consulting, Valuation, Property Management and Investment Management. With 4,500 employees, BNP Paribas Real Estate as a one stop shop company, supports owners, leaseholders, investors and communities thanks to its local expertise across 23 countries (through its facilities and its Alliance network) in Europe, the Middle-East and Asia. BNP Paribas Real Estate is a part of the BNP Paribas Group, a global leader in financial services.
Bouygues Immobilier
Bouygues Immobilier is a leading French urban developer and contractor. For almost 70 years, we have been active across the entire property value chain, from development to operation and promotion. Our job is to design living spaces that take into account all users at all levels, to listen to our clients and local authorities and to work with them to create useful, human and sustainable spaces. We offer places to live, work and socialise.
BPI Real Estate
BPI Real Estate is the real estate division of the multidisciplinary group CFE, founded in 1880 and active in Belgium, Luxembourg and Poland in 4 business lines with strong growth potential because they have the potential to shape the world of tomorrow: real estate design and development, multitechnics, construction and renovation and sustainable investments. With a wealth of expertise acquired over the past 35 years, BPI Real Estate’s ambition is to challenge the status quo and bring about positive change in real estate development in order to deploy innovative, inclusive and eco-responsible urban planning aimed at increasing the well-being of future generations.
Covivio
Thanks to its partnering history, its real estate expertise and its European culture, Covivio is inventing today’s user experience and designing tomorrow’s city. A preferred real estate player at the European level, Covivio is close to its end users, capturing their aspirations, combining work, travel, living, and co-inventing vibrant spaces. A benchmark in the European real estate market with €26bn in assets, Covivio offers support to companies, hotel brands and territories in their pursuit for attractiveness, transformation and responsible performance.
Generali Real Estate
Generali Real Estate is one of the world’s leading real estate asset managers, with around €39 bn of assets under management as of end of Q3 2022. It leverages on the expertise of more than 400 professionals, with operating units located in the main European cities.
ICAMAP
ICAMAP is an investment fund management company specialized in real estate, founded in 2013 and headed by its founding partners, Guillaume Poitrinal, Harm Meijer and Alexandre Aquien. ICAMAP manages €1.7 billion in equity for 28 leading internationally renowned institutional or family office investors.
Ivanhoé Cambridge
Ivanhoé Cambridge develops and invests in high-quality real estate properties, projects and companies that are shaping the urban fabric in dynamic cities around the world. It does so responsibly, with a view to generate long-term performance. Ivanhoé Cambridge is committed to creating living spaces that foster the well-being of people and communities, while reducing its environmental footprint.
NSI
NSI N.V. is a Dutch listed commercial property investor. We enable our customers to achieve maximum productivity and growth, providing best-in-class flexible space solutions and services in modern, healthy, sustainable buildings in prime locations. The portfolio consists of 47 properties with a value of €1.3 billion.
WO2
WO2 is a real estate developer specialized in the development of office buildings and the delegated project management of large urban projects with high environmental performance. It focuses on the use of latest-generation bio-sourced materials, notably cross-laminated timber (CLT). These high-quality materials replace traditional building shells and help reduce carbon footprint and worksite nuisances very significantly. CLT, left visible inside, gives users unmatched everyday comfort. In February 2019, WO2 was appointed “AMO/MOD” (Deputy Project Manager) of the ICAWOOD investment fund created by ICAMAP and Ivanhoé Cambridge to develop new generation low-carbon offices in the Greater Paris region. WO2 in numbers: 350,000 sqm of offices delivered or under development.
Our Partnerships
Carbon Risk Real Estate Monitor (CRREM)
The Carbon Risk Real Estate Monitor (CRREM) is the leading global initiative for establishing targets for operational carbon emissions for standing real estate investments consistent with the ambitions of the Paris agreement. CRREM publicly released decarbonisation pathways that translate the ambitions of limiting global warming to 1.5°C by the end of the century into regionally- and property-type-specific trajectories against which real estate assets and portfolios can benchmark themselves.
Our Technical Experts
The French association BBCA provides the necessary technical support for the initiative. A dedicated scientific commission, co-led by Artelia and Elioth by Egis, ensure an independent approach and brings together experts in Life Cycle Analysis and decarbonisation strategies for realestate.
Association BBCA
French Association BBCA was created in 2015 and brings together the key low carbon real estate players in France: more than one hundred members, including two thirds of the 20 largest French property developers, major architects and investors and, among its honorary members, Jean Jouzel, climatologist, former vice-president of IPCC. BBCA is at the origin of the world’s first building carbon performance label (label BBCA) that has inspired French carbon regulation issued in 2022.
Bureau Veritas, LCBI preferred certifier
Bureau Veritas is a world leader in laboratory testing, inspection and certification services. Created in 1828, the Group has more than 82,000 employees located in nearly 1,600 offices and laboratories around the globe. Bureau Veritas helps its 400,000 clients improve their performance by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility. Bureau Veritas is listed on Euronext Paris and belongs to the CAC 40 ESG, CAC Next 20 and SBF 120 indices. Compartment A, ISIN code FR 0006174348, stock symbol: BVI.
Our Publications
Pioneers in low-carbon construction, the BBCA association and the LCBI initiative will be taking part in the Buildings and Climate Global Forum in Paris, organised by the UN
Pioneers in low-carbon construction, the BBCA association and the LCBI initiative will be taking part in the Buildings and Climate Global Forum in Paris, organised by the UN Read full press release March 6th, 2024 During two days of discussions aimed at speeding up the building industry decarbonisation, [...]
LCBI Launched the First Pan-European Methodology to Measure Building Carbon Footprint
LCBI Launched the First Pan-European Methodology to Measure Building Carbon Footprint The Low Carbon Building Initiative (LCBI) has launched the first pan-European methodology for whole life-cycle carbon measurement of buildings, with set limit values, aiming to cut the buildings’ carbon footprint by half. The real estate sector, [...]
LCBI präsentiert erste paneuropäische Methode zur Messung der CO2-Bilanz von Gebäude
LCBI präsentiert erste paneuropäische Methode zur Messung der CO2-Bilanz von Gebäude Die Low Carbon Building Initiative (LCBI) führt ihre europaweite Methode zur Messung der CO2-Bilanz von Gebäuden im Rahmen der Lebenszyklusanalyse und das Zertifizierungsschema in acht Ländern ein - Belgien, Deutschland, Frankreich, Italien, Luxemburg, den Niederlanden, Spanien und Großbritannien. [...]
