K&H: the commercial real estate industry in a pioneering role
In the field of real estate financing, K&H enforces its energy efficiency requirements more and more decisively, because this is how it can fulfill its climate protection commitments. Suba Levente, head of sustainability at K&H, said: it is easier to implement climate protection aspects in the field of commercial real estate financing, while it is much more difficult in the case of residential real estate.
“K&H’s parent bank, the Belgian KBC Group, has joined the Paris climate protection agreement, and with this all members of our company group have collectively made serious commitments”
‒ informed the participants of the Portfolio Sustainable World 2023 conference by Suba Levente, head of sustainability at K&H. Based on the commitments, the carbon footprint of the mortgage loan portfolio must be reduced by 43 percent and the total real estate financing by 38 percent at the group level by 2030.
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