Intelligent Investment Strengthening Value Through ESG | Survey of Global Property Professionals Sixty-five percent of respondents reported that their companies have made a public net-zero pledge, making it no surprise that FIGURE 4: Which of the following commitments has your company made to reduce greenhouse gas emissions? reducing greenhouse gas emissions is most often cited as part of organizational goals. Occupiers plan to achieve their targets more quickly than investors, aided by the fact that lease terms are Made a public net-zero pledge generally shorter than the average holding period for investors. Half of occupier respondents said they are establishing science- Established and follow Science Based Targets (SBT) based targets (SBTs) versus 39% of investors. The Science-Based Target initiative (SBTi) has developed an ambitious guide for companies to reduce greenhouse gas emissions. Setting SBTs Joined the United Nations Global Compact aligns with what the latest climate science deems necessary to meet the goals of the Paris Agreement, which seeks to limit global warming to no more than 1.5°C above pre-industrial levels. 0% 10% 20% 30% 40% 50% 60% 70% Percent of Responses Occupier Investor FIGURE 5: If you have a public net-zero pledge, which year have you set for achieving it? 2030 2040 2050 Occupiers 53% Occupiers 16% Occupiers 19% Investors 29% Investors 28% Investors 29%