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
Of 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