What Comes After West Virginia v. EPA – Local Actions on Climate Change
Building owners play an essential role in local strategies that support global climate action. As cities and states take leadership, building owners must set new climate goals and implement efficiency initiatives throughout their operations to satisfy local ESG requirements
In the race to net zero. We will never hit our carbon net-zero targets by 2050 with today’s buildings. They must change, and we have to change our investment approach alongside them. The assets that aren’t changed soon will risk becoming obsolete and losing value.
Putting the S in ESG: resources for responsible supply chains
In recent years, a business’s social impact has gained more traction and gone beyond the welfare of employees, increasingly considering the satisfaction of corporates’ stakeholders beyond financial returns. Despite the effort, the unchecked economy still fails in maintaining socially ethical supply chains.
Going beyond “green” – why social impact is key to sustainability
The grouping of Environmental, Social, and Governance (ESG) is not an accident – these broad categories highlight the major risk and opportunity areas for a company seeking to be profitable over the long term. Seeing the investment to manage environmental risks through a social lens provides an opportunity to shift from a risk focus to one of opportunity, driving the most value from the investment and ultimately increasing the possibility of having a successful transition.
Putting “S” in the spotlight – a concept whose time has arrived
Social disruption from climate change, inequality, and public health are some of the defining issues of our times and the real estate industry plays a crucial role in addressing these challenges by harnessing strategies that protect and enhance property, people, and the planet.
Sustainability is a broad concept involving the environment, society, and governance. To date, strategies concerning energy transition solutions have been widely discussed, but the importance of the social side of sustainability is still unclear. The S in Social (part of ESG) does not just stand for ethical choices, it also means actually improving the quality of life, and increasing inclusion and equality.
Having a sustainability or environmental, social and governance (ESG) strategy is increasingly becoming a requirement within the real estate industry, with rising pressure from the investors themselves, as well as the organization’s stakeholders, and as a matter of overall legal compliance.
The enhancement and standardization of climate-related disclosures for investors
Introduction On March 21, 2022, the U.S. Securities and Exchange Commission opened a comment period until June 17th in response to its draft rule under which companies would disclose their own direct and indirect greenhouse gas emissions (Scope 1 and Scope 2 emissions). The rule would also require companies to disclose greenhouse gases generated by […]
