As we navigate our way towards a post-COVID world, there is another secular, global environmental risk that the real estate industry must also confront: climate change. It is clear that decarbonization poses an existential threat to real estate assets, leaders, and firms. Many companies have indeed begun to develop a sustainability strategy. But too often these efforts lack substance. In 2019 we saw a sea change as regulators, public markets, and world-class tenants put the industry on notice: get your sustainability act together or we will hold you accountable. With this new spotlight on industry leaders, only two metrics matter in your sustainability strategy: decarbonization and dollars invested.
Ben Myers, Vice President, Sustainability at Boston Properties and Bryan J. Koop, Executive Vice President – Boston Region at Boston Properties talk through Commercial their ESG strategy and implementation, climate change, renewable energy, healthy buildings and urban ecosystems.
When most people think about environmental, social and governance (ESG) issues in commercial real estate, many often default to the usual suspects: energy use, water and greenhouse gas emissions. Now, amid the pandemic, social initiatives, such as healthy buildings, flexible work arrangements, ra...
Heitman's Senior Vice President Head of Global ESG Strategy, Laura Craft is interviewed by Event Co-Chair, Brendan Wallace of Fifth Wall, about their unique ESG philosophy, the role of technology, and how, more than ever, climate risk is factoring into their investments. Craft talks about how big...