The 4th edition of the Low-Carbon Barometer for the real estate industry, the result of a survey carried out by Business Immo with some forty real estate investors active in France and with assets in excess of €650 billion, with the support of Altarea and Icade and in partnership with the Salon de l'Immobilier Bas Carbone (Sibca), is unequivocal: the vast majority of investors have taken the full measure of the climate emergency and have mobilized to implement the industry's environmental transition. Out of a concern for social commitment, but also to ensure the liquidity and sustainability of their assets under management, they have implemented strategies to mitigate their carbon footprint, all the more important as AEW estimates in a recent study the risk premium of the climate transition in Europe at +26 bp of expected total annual returns for the period 2025-2019, a 37% increase on the +19 bp expected in an edition published last year.