Intelligent Investment Strengthening Value Through ESG | Survey of Global Property Professionals Survey results indicate four key ESG elements that need improvement: Dialogue and transparency with counterparties It’s not just about emissions Occupier and investor priorities and timeframes for ESG goals ESG strategies should cover all issues relevant to real estate can differ substantially. Be clear with your stakeholders and decision-making. Reducing greenhouse gas emissions was the top counterparties about your objectives to find common ground ESG priority for survey respondents. However, it is demonstrably for collaboration. Widespread use of green lease clauses will clear that other issues such as health and well-being, pollution support both transparency and improved sharing of relevant and exposure to controversial companies are very important to data. Alignment on ESG priorities can help mitigate the risk of real estate decision-makers. Therefore, the best performing real buildings becoming obsolete and undesirable to occupants. estate likely will incorporate features covering a range of both environmental and social issues supported by clear governance. Data collection and performance measurement Retrofitting vs. new build High-quality building data is required to show progress toward Just 15% of real estate assets worldwide currently align with the many ESG goals and is critical to many of the issues cited as Paris Agreement’s goal of net-zero emissions to limit global having the most impact on transactions. Both investors and warming to no more than 1.5°C above pre-industrial levels by 5 occupiers are eager for more information, so leveraging 2050. Assessing building data can help identify which assets operational building performance data to offer insight into the are candidates for retrofitting versus those that are nearing costs and benefits of green building features should be a obsolescence. While the carbon offset of new construction and priority. Utilizing technology and digital solutions to automate retrofits can vary greatly, retrofitting a building generally saves data collection is becoming essential. over 50% of embodied carbon, according to the Institute for Market Transformation. 5 ”Building Performance Standards aim to reduce carbon emissions across the U.S.," CBRE Econometric Advisors, Nov. 3, 2022.