SDG stands for “Sustainable Development Goals” and was created by the United Nations starting in 2012. They contain 17 specific goals that are set in the Agenda 2030 such as: No Poverty, Zero Hunger, Good Health and Wellbeeing, Quality Education, Gender Equality, Affordable and Clean Energy, … and many more.
For the real estate industry, the SDGs 7, 11, 12 and 13 are very important. SDG 7 is about “Affordable and Clean Energy” and has the aim to ensure access to affordable, reliable, sustainable, and modern energy for all.
SDG 11 is called “Sustainable Cities and Communities”. It aims to create safe and affordable housing, affordable and sustainable transportation, inclusive and sustainable urbanization, as well as many more goals related to the environment, society and economy.
SDG 12 is aiming to ensure sustainable consumption and production patterns. It is named “responsible consumption and production” and has the sub-goals of sustainable and responsible management of resources and waste.
Last, another SDG that is important for sustainable real estate is SDG 13, which is called “Climate Action”. It aims to implement climate rules and policies into governments and public organizations as soon as possible in order to fight the climate crisis.