Category Archives: Climate Change

Islands: on the front line of climate change

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Covering more than 70 percent of the Earth’s surface, oceans have an intrinsic relationship with weather and climate. Oceans absorb heat from the atmosphere producing winds, currents and storms that bring fresh water to land. Our oceans’ immense capacity to absorb excess heat has helped to mitigate rising global temperatures. But scientific studies show that our oceans are at a tipping point. We are seeing the impacts of global warming on oceans, from rising temperatures and acidity to increasing intensity of storms and flooding. And populations whose survival is dependent on the ocean, such as islands and coastal regions, are experiencing the worst effects of climate change.

Palauan islands are experiencing erosion attributed to mollosks eating away the limestone and the continual push from the tectonic plates beneath. The local community is amazed at the height of the tides and very strongly believe this is a result of climate change.

Palauan islands are experiencing erosion and increased soil salinity attributed to rising sea levels. The local community is amazed at the height of the tides and very strongly believe this is a result of climate change.

Lisa Hinde, Sustainability Manager in JLL’s Energy and Sustainability Services, recently visited the remote island nation of Palau located in the Western Pacific Ocean where climate change has become a daily threat to the country’s survival. As a participant of the Island Innovation Program, Hinde witnessed first-hand the magnitude of the challenge and how governments and businesses are working together to help.

“I see islands like Palau as the ‘canary in the mine’ of global climate change. The effects they feel, being low-lying and prone to tropical storms, show stressors sooner than other places in the world,” Hinde said.… Read More

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

Managing real estate is critical to managing climate change

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In  advance of the COP22 conference that was held in Marrakech November 7-18, JLL’s CEO, Christian Ulbrich, shares his thoughts on the important role commercial real estate plays on environmental sustainability in COP 22’s Climate Change: The New Economy. Read the full article here.

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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

Go off the grid with offsite renewable energy solutions

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Alternative energy is a hot topic these days. But did you know that you don’t necessarily need to produce renewable energy onsite to take advantage of the benefits? JLL’s Lauren McAdam explains what your options are for offsite renewable energy – and what you need to know when evaluating your opportunities. 

It’s no secret that renewable energy alternatives present attractive new options for commercial and industrial real estate owners and occupiers. But the reality is that most commercial and industrial (C&I) organizations can’t achieve their sustainability goals such as carbon reduction and energy savings solely through onsite renewable energy solutions – site size limitations, site intrusion, operational interruptions, contract commitment lengths, and other factors all can limit the opportunities.

Many large companies are increasingly looking to offsite renewable energy solutions as an alternative way to achieve their sustainability goals– and approximately 75% of S&P 500 companies have some form of sustainability goals.Read More