Category Archives: Carbon

Science-based targets help private sector fight climate change

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Man-made greenhouse gas (GHG) emissions have increased significantly since the Industrial Revolution. If this trend continues, global temperatures are expected to rise between 2 and 6 degrees Celsius by 2100. This change in temperature could unhinge the global climate and cost nearly $2 trillion annually in abatement efforts. In order to avoid the catastrophic impacts of climate change, we must slow down the release of GHG emissions and move towards a low-carbon economy.

ThinkstockPhotos-485873480While world governments have committed to this effort through the United Nations’ COP 21 Paris Climate Agreement, it is only part of the solution. It’s clear that the private sector will need to play a role in overcoming climate change challenges. As a thought leader in this area, JLL works with corporates to assist them in defining and reaching carbon-reduction and other Environmental, Social and Governance targets.

Carbon disclosure

The private sector has experienced increasing pressure to act on climate change. Corporate reporting and disclosures of GHG emissions have made great strides. In addition, companies are setting emissions reduction targets in an effort to mitigate climate change. However, companies often set targets arbitrarily without considering what is realistic and achievable. If we hope to hit global reduction targets, … Read More

Where are markets lagging behind in sustainability transparency?

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JLL’s 2016 Real Estate Environmental Sustainability Transparency Index analyses sustainability transparency in real estate for 37 markets across the globe. The index identifies those markets that are leading the charge for sustainability, as well as those markets that are lagging behind, based on analysis of seven environmental sustainability indicators. Read on to learn where the greatest opportunities to improve sustainability transparency lie.

The 2016 Sustainability Transparency Index suggests that minimum energy efficiency standards and green building certification programs continue to be the most widespread environmental transparency instruments. But where are the biggest gaps – and areas for improvement?

Financial indicators remain few and far between

Sustainability transparencyOf the 37 markets analysed, only four countries – France, Canada, New Zealand and Australia – have established financial performance indicators for green buildings.

As a result, there is a considerable gap for most major real estate markets to assess the relative performance of more environmentally-friendly real estate assets. Calculating performance of sustainably-designed and operated assets, for example, is practically impossible without a framework to establish appropriate financial benchmarks and performance targets.… Read More

Climate change, the Paris Agreement and the future of banking and financial services

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JLL’s Dan Probst and Sarah Nicholls joined world leaders and experts from the private and public sectors at the United Nations climate conference – known as COP21 – in Paris in December, and blogged about their experiences here. Below, Sarah discusses the COP21 outcome – known as the Paris Agreement – and what it means for the banking and financial services industries.

It’s easy to understand the basic premise of the Paris Agreement: 195 nations have committed to limit global temperatures from rising above 2 degrees Celsius relative to pre-industrial levels. But determining what the Paris Agreement means for your business is more complex – especially in the banking and financial services industries.

Luckily, we’ve broken down the key points for you:… Read More

4 things you need to know about solar battery storage

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Simone Concha, JLL’s Director of Sustainability – Australia, discusses the concept of solar battery storage and what it means for your business. To learn more about the benefits that solar battery storage can bring to your organization, contact JLL’s Alternative Energy Services team.    

What is a solar battery?

Solar battery storage is a way of saving the energy generated by solar panels, to be used at a time when the sun is not shining. It’s more significant than you may think: while traditional solar power is considered “variable” – because it is affected by weather, time of day, and other factors – solar battery storage offers a consistent, reliable alternative.

As a result, solar battery storage has the potential to drive down the cost of renewable electricity and increase the uptake of electric cars – both of which are important milestones in the transition to a low carbon economy.… Read More

Energy and Sustainability Trends to Watch in 2016

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JLL’s Real Views spoke with Dan Probst, JLL’s Chairman of Sustainability and Energy Services, about energy and sustainability trends that will drive change throughout 2016. For the full video, please click here

business analyzeFrom the falling prices of crude oil to President Obama’s Clean Power Plan, energy and sustainability topics gained considerable attention worldwide in 2015. What are the key trends to watch in energy and sustainability for 2016?

In 2015, governments and businesses made energy and sustainability a priority – setting the stage for accelerated developments in 2016:… Read More