Test Data
tajax
29/12/2023
3 min
Featured
Social Value

Driving Change: Coliving’s Role in ESG & Social Impact

Coliving is sparking social and environmental transformation, as detailed in this article from the 2023 Coliving Conference. Developed with Coliving Conference, the article delves into ESG-driven initiatives and their profound impacts on shared living. Get a glimpse of how the sector is redefining sustainability and community engagement — explore more on Coliving Insights.

This panel illustrated how coliving sparks positive change via ESG principles & social impact to shape communities, investments & sustainability.

The discussions in this panel were aimed at how coliving can serve as a catalyst for change, embracing ESG principles and social impact to shape communities, drive investment decisions and foster a more sustainable future.

What was covered in this session?

  • This session delved into the integration of Environmental, Social, and Governance (ESG) principles within the coliving sector, offering a comprehensive exploration of how these values instigate positive change and contribute to sustainability.
  • Attendees gained a deeper understanding of the pivotal role coliving plays in shaping vibrant communities and driving social impact. Industry leaders showcased initiatives empowering residents to contribute to the greater good.
  • A valuable exchange of ideas unfolded, shedding light on the intricate relationship between ESG considerations and investment decisions in the coliving space. This discussion highlighted the growing significance of responsible investing and its profound influence on the industry's future trajectory.

ESG as an Operator and Investor

The panellists, including Tjeerd Haccou from Space & Matter, collectively highlight the paradigm shift in coliving towards prioritising ESG (Environmental, Social, and Governance) considerations. Christophe Vercarre from Coloc Housing acknowledges their journey from an asset-light operator to an asset-heavy model, underscoring that the industry is evolving to make ESG a central focus.

Willem Jan Landman of Circular Floating Districts aligns with this perspective by zeroing in on their company's deep commitment to sustainability and circular design. However, it is Tjeerd Haccou who brings a unique perspective by highlighting the community-centric approach at Space & Matter, where the focus is on co-creation and co-design processes to align with the social dimension of ESG, putting communities at the forefront of sustainable housing projects.

Renovation Challenges

In discussing the challenges of renovating old structures for sustainability, Christophe Vercarre, representing Coloc Housing, shares the complexities and costs of achieving higher energy efficiency standards. Willem Jan Landman discusses Circular Floating Districts' innovative approach of repurposing old barges into floating communities, indicating an industry shift away from traditional renovation.

Tjeerd Haccou pinpoints the importance of co-design and co-creation processes in the renovation context. This unique insight puts a spotlight on the role of community involvement in driving sustainable renovation projects. The three panellists, in their own ways, contribute to the ongoing conversation about the delicate balance between renovation goals and practical challenges.

Measuring Social Interaction and Cohesion

All three panellists stress the significance of fostering social interaction and cohesion within coliving communities. Christophe Vercarre, representing Coloc Housing, underlines their unique approach where roommates choose each other, creating a sense of a "family by choice."

Willem Jan Landman shares examples of community-driven projects at Circular Floating Districts, showing how the very essence of their projects is about building strong social bonds among residents. Tjeerd Haccou further contributes to this conversation by acknowledging that measuring social interactions is a challenge, yet he underscores the importance of recognising the impact of social cohesion on the coliving experience.

Innovation in Sustainability and ESG

Innovation is central to the sustainability and ESG initiatives within the coliving industry. Christophe Vercarre of Coloc Housing highlights their commitment to innovation, having evolved from an asset-light to asset-heavy approach to meet ESG goals.

Willem Jan Landman's Circular Floating Districts represents innovation by repurposing old barges into sustainable housing solutions, underscoring the industry's embrace of new approaches to sustainability. Tjeerd Haccou complements this discussion by focusing on the importance of involving end users and recognising their desire for sustainability, which often differs from the goals of professional developers.

Municipality Sustainability Regulations and Local Engagement

Local regulations and municipality incentives play a pivotal role in driving sustainability efforts in the coliving sector. Christophe Vercarre discusses how municipalities in Belgium allocate points for circularity in development projects, underscoring the importance of local engagement and regulation.

Willem Jan Landman highlights the case of Amsterdam, where the municipality encourages circularity by offering extra points for sustainability in development projects. Tjeerd Haccou adds a valuable perspective by pointing out the need for regulations that both challenge and support the industry's sustainability goals, pointing out the role of end users in pushing for sustainable housing options.

Reflecting on the success of the first 2 editions, Coliving Conference 2025 is now in full swing. The 2-day conference is set to bring another year of industry-leading discussions, featuring expert insights, emerging trends, and innovative ideas shaping the future of shared living. Secure your spot today and be part of the conversation.

Tags