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EN CRREM Pathways final chart

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Created on December 19, 2023

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Transcript

What is implemented today in Deepki Ready (DR)

What is in CRREM

Topic

The CRREM tool provides 2 different pathways, the CO2-only and the all-GHG pathways

DR provides the same pathways

Pathways

11 asset-types (same of CRREM)

Asset-type

11 asset-types

CRREM takes into account mixed-use buildings, by providing the % of each use type

DR does not manage by default mixed-use buildings, but it can do it through a dedicated configuration

Mixed-use assets

44 countries + 15 sub-regions in the USA(Australian sub-regions are not embedded in the tool)

44 countries + 15 sub-regions in the USA(Australian sub-regions are not provided by default by DR)

Covered countries

In DR the users can choose whether to use the CRREM electricity EFs or the EFs from a different source (used for their carbon accounting). Under the Market based approach, only EFs related to certified energy can be used (no customized EFs)

The CRREM tool provides its own electricity and District Heating / Cooling (DH/DC) EFs.It also let users enter their own EFs

Emission Factors (EFs)

Building's emissions projections-Grid Decarbonization

The CRREM tool projects buildings emissions taking into account grid decarbonisation adjustment

DR does the same for electricity. DH/DC is under investigation

The CRREM tool projects buildings emissions taking into account climate adjustment (based on RCP 4.5 or 8.5 scenarios)

Building's emissions projections-Climate Change

Climate change adjustment is under investigation and will be discussed with CRREM

The CRREM tool projects buildings consumptions taking into account climate adjustment (based on RCP 4.5 or 8.5 scenarios)

Building's consumptions projections- Climate Change

Climate change adjustment is under investigation

What is implemented today in Deepki Ready (DR)

Topic

What is in CRREM

Normalizations (occupancy and weather)

Normalizations are not standard features in DR but, if needed, consumptions can be normalized and showed in the corresponding graph

The CRREM tool allows users to select occupancy and weather normalization

DR estimates consumptions for missing months, using a detailed statistical approach (also considering climate variables). The methodology is different from CRREM

CRREM estimates consumptions when they are reported for less than 12 months

Gap-filling

Estimations (consumption not covering 100% of the asset’s area)

DR offers a standard and advanced estimation methodology that depends on the agreed level of service.

The CRREM tool always estimates for floor area missing consumption

DR offers an Investment Plan panel, which allows to select a list of detailed actions, with associated energy savings and costs to improve the building's energy and carbon efficiency. There is also a dedicated graph to keep track of the CAPEX

The CRREM tool has a dedicated section for retrofit actions (high level), and offers some graphs for the financial KPIs and the ecological break-even point using rough estimates.

Retrofitting/Investment Plan

Currently, DR follows by default the reporting approach (based on GHG Protocol) and does not deduct this kind of emissions. The Transition risk approach can be modeled in specific cases.

The CRREM tool deducts GHG emissions of renewable energy produced on-site and exported to the grid (Transition risk approach)

Carbon accounting methodology

The CRREM tool provides current and estimated energy and carbon costs and also derives the Carbon Value at Risk (CVaR).Some graphs are provided to show these KPIs.

Economic and financial KPIs

Currently, DR does not take into account carbon and energy costs, nor the CVaR, and the corresponding graphs are missing

The risk of stranding is shown in terms of number of buildings, floor area, and GAV, both as absolute figures and as a % of the whole portfolio

Results at the portfolio level

The risk of stranding is shown in terms of number of buildings, floor area and NAV, only as absolute figures

Filters at portfolio level

DR offers the same filters of CRREM.Other filters can be added according to project specifications

Applicable filters are: Country, Property type, Entity/Fund, Assessment year

What is implemented today in Deepki Ready (DR)

What is in CRREM

Topic

DR has a dynamic approach and uses the last available year as Base year

In the CRREM tool, users can choose for each building the base year (2020; 2021; 2022)

Choice of the Base year

At portfolio level, the CRREM tool allows users to select the year in which the asset will be sold to see how the stranding risk of the portfolio changes.

Currently not available in DR, but it will be added in a future release of the Investment Plan panel.

Asset Resale

DR offers an export feature to download an Excel file with the main results and KPIs (Energy and carbon pathways, List of stranded assets, List of investments)

CRREM provides the main results and KPIs within its Excel tool

Export