ESG-Real estate evaluation and taxation

Abstract

The article analyzes the current conditions of professional real estate evaluation in the Russian Federation and draws a conclusion — this sphere is in crisis. The authors noted an appearance of a new type of real estate evaluation related to their "environmentalness" ("green evaluators"). Particular attention is paid to the recent events at the federal level related to the climate agenda and caused by the introduction by the European Union of a border carbon tax. Since real estate objects are one of the main sources of greenhouse emissions, it becomes necessary to take into account the factors of climatic and environmental assessment of real estate, including those for taxation. So, a new direction of economic measurements is being formed — ESG (environmental, social, and governance) evaluation. Taking into account the mistakes made in the evaluation methodology, the authors give the recommendations for the creation of an ESG-evaluation methodology based on the post-neoclassical paradigm and qualimetric methods.