Category Archives: Legislation

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

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

Live from COP21: Climate Change and the Future of Clean Energy Technology

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JLL’s Dan Probst and Sarah Nicholls are joining world leaders and experts from the private and public sectors at the United Nations climate conference – known as COP21 – in Paris. Check back daily for Dan and Sarah’s live updates throughout the conference.

Greetings from Day 3 at COP21. Overall, optimism remains high that history is being made as countries from around the world move closer to a global agreement. I continue to be amazed at the level of business participation at these events and the number of corporate CEOs (many of them our clients) who are actively participating. It’s fun to hear a CEO talk about the value of converting to LED lighting.… Read More

Live from COP21: The Power of People and Supply Chain

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JLL’s Dan Probst and Sarah Nicholls are joining world leaders and experts from the private and public sectors at the United Nations climate conference – known as COP21 – in Paris. Check back daily for Dan and Sarah’s live updates throughout the conference.

IMG_3540I woke up today even more excited for Day 2. If you haven’t read Dan’s Day 1 recap yet, I encourage you to catch up with us. COP21 is filled with lots of energy and fun, too – it’s great to see us business folk, all suited up, pedal a bike to make our own smoothies or charge our iPhones.

Dan and I started our day at the Sustainable Innovation Forum (SIF). By lunchtime we’d taken in so much great information to share. We had an interesting morning session with the businessmen and aviators of Solar Impulse. With pilot jackets in tow, they explained how they were repeatedly told that a solar-powered flight around the world was impossible. Solar Impulse prevailed by going about the solution in a different way. Sounds familiar, right? Most want change, but don’t want to change.… Read More

Live from COP21: Optimism and Innovation Drive Climate Change Conference

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JLL’s Dan Probst and Sarah Nicholls are joining world leaders and experts from the private and public sectors at the United Nations climate conference – known as COP21 – in Paris. Check back daily for Dan and Sarah’s live updates throughout the conference.

SN DP COP21

JLL’s Dan Probst and Sarah Nicholls attend the COP21 conference in Paris.

Our first full day in Paris for COP21 has been a beautiful one. The morning was a bit hectic as we navigated the logistics of getting to the site and through security. But even that couldn’t dampen the clear mood of optimism in the air knowing that a draft agreement has been reached. Now, the focus has shifted to gaining agreement from developing countries to help finance the initiatives necessary to affect change.

Sarah and I are attending various business events surrounding the official UN climate talks. We began by touring The Gallery, a showcase for new technology and products to reduce greenhouse gas emissions in the real estate, industrial and transportation sectors. One interesting product we saw was a packaged unit that maintains a continuous supply of electricity from intermittent renewable sources (such as wind and solar) though a combination of batteries and a hydrogen fuel cell. Apparently, this award-winning product caught the attention of Sir Richard Branson yesterday. Overall, the displays reinforced my belief that new technology will be a big part of the solution.… Read More