Panorama IR Immobilier 2025: where do French real estate asset managers stand in terms of ESG maturity?

EthiFinance has published the 4th edition of its study on ESG practices in real estate management, based on an analysis of 91 French asset management companies. This new edition highlights the growing professionalization of the sector, but also persistent disparities.

Some key findings:

• Overall progress: the proportion of players categorized as "Leaders" or "Advanced" has risen sharply, confirming a rise in ESG maturity.
• There are marked differences according to size: 87% of management companies with more than €2 billion in assets under management are at the top of the ranking, compared with only 25% of the smallest (<€400 million). Limited financial and human resources remain a major obstacle for smaller players. This shows that ESG maturity remains largely a question of means, and therefore of size.
• Practices still incomplete: while 75% of SGPs identify sustainability risks, only 4% quantify their financial impact. Adaptation and resilience approaches are gaining ground (40% of SGPs mention them), but are rarely accompanied by an operational roadmap (7%).
• An overly regulatory approach: ESG is often treated as a regulatory obligation rather than a strategic lever for value creation.

Key findings from the study

The complete study provides :

• Explore detailed results by ESG maturity level.
• Understand the levers of action available to management companies.
• Identify the most advanced practices and emerging trends (biodiversity, resilience, taxonomy, etc.).