Climate & Energy
Real estate accounts for approximately 40% of global carbon emissions, and transportation-related emissions account for 30% more. Climate and energy are essential considerations for real estate leaders – with growing financial losses from physical risks like extreme weather, ever increasing energy prices and operating costs, and pressure to comply with growing regulatory requirements and tenant demands for sustainability. By investing in energy-efficient buildings and resilient infrastructure, property owners can increase asset value, reduce costs, improve profits, attract more investment, and contribute to environmental goals by reducing the real estate sector’s significant contribution to global emissions.
The Urban Land Institute helps real estate leaders create lasting value and promote decarbonization, reduce energy consumption, and enhance climate resilience via its research, convenings, and programs. The ULI Lewis Center for Sustainability in Real Estate is ULI’s flagship center for sustainability:
- Through the Center’s Decarbonization Program, ULI provides metrics, tools, and education to help the real estate industry reduce greenhouse gas emissions and achieve net-zero carbon operations.
- The Urban Resilience Program provides technical assistance and research to help real estate and land use professionals and communities adapt to climate change impacts like floods and extreme heat.
- The ULI Greenprint community of practice catalyzes action on sustainability by leading real estate companies.
These efforts are driven by ULI’s member-driven approach, which leverages the collective expertise of real estate professionals to advance responsible land use practices. ULI District Councils and Product Councils are key partners in this work, with District Councils addressing climate and energy through participation in global initiatives like the Net Zero Imperative (NZI) and by applying these frameworks to local, on-the-ground projects.
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Check out previous Randall Lewis Center for Sustainability Newsletters here.