Yes. You must scale the GHG emissions of each real estate asset by your ownership share, not just sum total emissions.
In Annex I, Table 2, indicator 18 (GHG emissions), do we take the % of ownership into account when calculating the total GHG emissions (i.e. should GHG emissions be calculated as sum of all GHG emissions, or should we also include % ownership to make it a weighted average)?
Regarding the GHG emissions of real estate in indicator 18 of Table 2 of Annex I, the ESAs consider that the disclosure of the adverse impact for GHG emissions generated by real estate assets should reflect the share of ownership of the assets by the financial market participant, as detailed in the GHG emissions calculation formula in Annex I”.
European Supervisory Authorities (ESAs)
