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| Eric Prouzet/Unsplash |
This report by JLL talks of 65% corporate occupiers and 50% of surveyed investors emphasizing sustainability, when it came to commercial real estate.
Yeah? How? By integrating net zero goals into their sustainability blueprint.
Will such new-found love find permanence? Reports seem to think so, with sustainability being a major consideration while choosing sites.
Points worth noting
🍀 87% occupiers and 78% investors admit that climate and financial risks are entwined.
🍀 87% have confirmed sustainability as a board-level goal and, hold my cup, 81% are confident about real estate achieving these goals.
🍀 96% of all surveyed stakeholders look forward to a happy confluence of developers, policy-makers, investors and occupiers for these purposes.
With India targeting net-zero carbon emissions by 2070, such small steps are already the need of the hour.
What could happen
1️⃣ More investments in technology, especially for tracking and curbing emissions, could be seen. Climate tech entrepreneurs out there, heads up.
2️⃣ Employees will gradually want to work at greener and more sustainable-blueprint driven organisations.
3️⃣ Employers in this space will ultimately find motivation regarding the creation of sustainable and greener assets for the future.
All in all, here’s hoping that it does not turn out to be another flash in the pan. Remember plant a sapling day, anyone? We get it. They all love photo-ops.
Long-term sustainability? That’s a whole bigger deal.