Investing for Sustainability: Real Estate
Read our position paper. Many investors still believe that sustainable real estate means higher costs or weaker returns. The reality can be different: Lower costs: The Empire State Building retrofit reduced energy use by 38% and paid for itself in just three years. Tenant demand: Green-certified spaces keep occupancy higher and turnover lower. Risk management: […]
Sustainable Investing: From Niche to Normal
Read our position paper. Assets managed in the US with an Environmental, Social, and Governance (ESG)strategy increased over the last decade. This position paper provides an updateon the proliferation of Sustainable Investing and in particular the growingadoption of ESG investing strategies and what this means for financial advisorsand individual investors. ESG investing is NOT the […]
PRI Case Study: A Strategy for Investing in Sustainable REITs
Read our position paper. Why buildings and real estate matters: Buildings drive ~40% of global energy use and ~30% of energy-related GHGs; upgrades can cut emissions and lift asset value (price premia, lower default risk/volatility). REITs own a large slice of this stock, and—being public—are influenceable; value levers are efficiency (lower OpEx) and healthier, certified […]