As public and private stakeholders increasingly demand action on environmental, social and governance (ESG) issues, the commercial real estate investment sector is taking note. The successful transition to a low-carbon future will hinge in no small part on the built environment, which is responsible for an estimated one-third of the world’s greenhouse-gas (GHG) emissions.
Sustainability leaders are being called on to develop and implement strategies to achieve net-zero carbon emissions — among other ESG priorities — while protecting investor- client capital. The urgency and scale of the task at hand cannot be overstated. Yet the moment also presents a once-in-a-lifetime opportunity to reinvent the built environment.
So, what will it take to achieve net-zero? And where should sustainability leaders in the commercial real estate sector focus their efforts? Anna Murray, the managing director and global head of ESG at BentallGreenOak (BGO), shares her perspective on the top ESG challenges and opportunities to reaching net-zero.
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