Intelligent Investment Strengthening Value Through ESG | Survey of Global Property Professionals CBRE’s survey revealed the importance of certain environmental building features on property values and transaction decisions. Our goal was to determine what features that occupiers and investors would pay a premium for, or the absence of which would cause them to seek a discount or reject a transaction altogether. FIGURE 8: How environmental building features impact a real estate transaction Pay a Premium Seek a Discount Reject Building Total Impact (if present) (if absent) (if absent) Features that reduce energy consumption 35% 31% 18% 84% Green building certification 45% 21% 13% 79% On-site renewable energy generation 58% 15% 4% 77% Smart technology that adjusts building operations to reduce environmental impact 53% 18% 5% 76% Superior resilience to effects of climate change (e.g., flooding) 37% 22% 16% 75% Features that reduce building water consumption 41% 20% 7% 68% Uses a green or renewable electricity tariff 38% 16% 9% 63% Electric vehicle charging points 38% 17% 7% 62% On-site facilities to reduce and recycle waste 36% 20% 6% 62% Use of sustainably sourced building materials (e.g., timber) 44% 13% 4% 61% Green lease clauses to enforce action 33% 17% 8% 58% On-site biodiversity or protection of local wildlife 32% 13% 3% 48% Building is refurbished, renovated or converted rather than brand new 30% 12% 5% 47% Note: Total Impact = If present, we’d consider paying a premium + If absent, we’d seek a discount + If absent, we’d exit from or reject the building.
2022 Global ESG Survey Page 17 Page 19