Category Archives: COP21

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 does your market stack-up for sustainability transparency?

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JLL’s Global Real Estate Transparency Index charts the evolution of real estate transparency in more than 100 markets across the globe. The Index compares data availability, governance, transaction processes, property rights, and the regulatory/legal environment to reveal which countries provide the most favorable operating environments for investors, developers and corporate occupiers. Sustainability transparency, analysed for 37 markets, is a separate module and looks at seven environmental sustainability tools.

The results are in: JLL’s 2016 Real Estate Environmental Sustainability Transparency Index calls out the markets that are both leading the pack and lagging behind when it comes to sustainability considerations. Take a look at the graphic below to learn more about where your country falls:

JLL’s 2016 Real Estate Environmental Sustainability Transparency Index

France was the top sustainability player in 2016, largely as a result of legislation – targeting specific companies and industries and consistently rolled-out – designed to facilitate the transition to a low-carbon economy:… 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

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

The Paris Agreement: What does it mean for businesses and individuals?

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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 Nicholls discusses the COP21 outcome – known as the Paris Agreement – and what it means for the real estate and professional services industries, and you as an individual.

The message from COP21 was clear. Achieving a climate change agreement was the first step:  the hard work begins now. This is particularly true for our clients and the wider real estate industry where significant opportunities exist.

What does the Paris Agreement mean for the real estate industry?COP21_Conference

According to the United Nations Environment Programme, buildings account for “about 40% of global energy… and they emit approximately 1/3 of greenhouse gas emissions.” It is unsurprising then that more than half of the 158 carbon reduction plans submitted by UN members, known as Intended Nationally Determined Contributions (INDCs), include measures to cut energy use in buildings. The industry has a number of levers to deliver on these ambitions such as net-zero emissions buildings and value chains; renewable energy strategies; and energy efficiency retrofitting.… Read More