CSRD for Real Estate: A Guide for Asset Managers and Corporate Real Estate

Start your ESG Data Collection with Alasco.

CSRD at a glance

What is the CSRD?

The Corporate Sustainability Reporting Directive (CSRD) is an EU regulation aimed at increasing transparency and making companies more accountable for their environmental, social, and governance (ESG) practices. If your company falls under the CSRD, you’ll need to share details about your sustainability efforts.

Who does it apply to?

The CSRD applies to large companies, listed small and medium-sized enterprises (SMEs), and financial institutions within the EU. You’ll need to report on how your business affects the environment and society, as well as how sustainability risks impact your financial performance.

What are the main CSRD requirements?

You’ll be required to do a double materiality assessment, report on climate risks, and share data on governance and social issues. All of this needs to follow the European Sustainability Reporting Standards (ESRS) and be included in your annual report.

What is Double Materiality?

Double materiality means looking at sustainability from two angles: how it affects your company’s financial health and how your business impacts the environment and society. This is a key part of your CSRD reporting.

Who needs to report & when

2025 based on 2024

Large companies

Have over 500 employees

Are a large listed company

2026 based on 2025

Mid-size companies

Over 250 employees

Net turnover over €40 Mio or total assets exceeding €20 Mio

2027 based on 2026

Small companies

Are a SME with securities listed on EU-regulated markets that satisfy at least two:

>350K in total assets
>700K net turnover
>10 employees

2028 based on 2027

Non-EU companies that satisfy:

>€150 Mio net turnover in the EU (EU branch or EU subsidiary)

How Alasco helps

Simplify Complex Data Collection and Reporting for Seamless Compliance

Perform Materiality Assessment

Alasco helps real estate managers pinpoint the most critical ESG factors—such as emissions, energy consumption, water usage, and waste—that impact both financial performance and sustainability. By analysing these key metrics, Alasco enables you to prioritise actions that boost asset value while meeting sustainability goals.

Simplify Data Collection

Alasco simplifies data collection for the CSRD by offering flexible solutions for both quantitative and qualitative data. You can seamlessly integrate consumption data via API for utilities like electricity or heat. For other data, like waste management, you can send surveys directly to property managers, making it easy to collect qualitative insights and track sustainability metrics across your properties.

Boost Data Completeness

With Alasco's data completeness score, you can easily identify any gaps in your heating, electricity, and water consumption data. This feature highlights missing or incomplete data points, allowing you to take quick action to fill in those gaps, ensuring accurate and comprehensive reporting.

Ensure Data Assurance

Alasco supports data assurance by providing a platform that ensures accuracy, transparency, and reliability throughout the ESG data collection and reporting process. It minimises manual errors by automating data collection and offering approval steps for quantitative data.

Standardise Reporting Structure

Alasco highlights key ESG factors from the materiality assessment, helping you create consistent, transparent reports across your portfolio while meeting regulatory standards.