Tag Archives: corporate sustainability

Sustainability is not a constraint – it is an opportunity

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As a global society, we have been grappling with sustainability for many years. It doesn’t help that the definition of the term is open to interpretation—and constantly changing. As individuals we each have different capacities and responsibilities, and to me, sustainability is about pooling our strengths to make a positive impact on the world we live in.

At JLL, our vision is to create spaces, buildings and cities where everyone can thrive. According to the United Nations Environmental Program (UNEP), buildings are responsible over 40 percent the world’s energy consumption and one-third of global greenhouse gas emissions.

It is clear, we have a lot of work to do. But rather than feeling overwhelmed, we can view this as a great opportunity. True, changing habits is not easy—especially at scale—but when you focus on the payoffs, it becomes a no brainer.

As outlined in JLL’s 2016 Global Sustainability Report, our sustainability services generated revenue of $27 million last year. We also helped US clients save an estimated 282 metric tons of CO2e, an equivalent of around $59 million in costs. That’s roughly the same as 29,000 homes’ worth of energy consumption.

Sustainability is not just about the environment. It is about resilient communities, and wellbeing on both the individual and societal level.… Read More

Earth Hour: Dimming commercial building lights for a brighter future

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03_eh-60-logo_stacked-clr_jpegEarth Hour is the largest grassroots movement focused on building awareness of climate change. The movement, which encourages people to limit their use of electricity for one hour, has empowered people around the globe to mobilize – in person and online – in support of fighting climate change. From its humble origins in 2007 as a one-city event in Sydney, the movement organized by the World Wildlife Fund has grown steadily each year, and spread to 178 countries across seven continents by 2016.

This year marks the eleventh annual Earth Hour celebration. On March 25 at 8:30 p.m. your local time, millions of people will turn off their lights for one hour to promote a more sustainable future for our planet. In more dramatic fashion, countries and organizations will show their support by turning off the lights on hundreds of historic landmarks and monuments. Last year the Eiffel Tower, the Sydney Opera House, the Parthenon in Athens, and the Empire State Building all went dark for Earth Hour.

Earth Hour is an important reminder of the impact real estate has on the environment. According to the U.S. Energy Information Administration, commercial and residential buildings in the U.S. consume 39 percent of the country’s total energy consumption and account for 38 percent of carbon dioxide emissions – one of the primary greenhouse gases that cause global warming. In addition to increasing carbon emissions, the growth of our cities is causing harmful light pollution. A number of companies and cities that have participated in Earth Hour used the event as a launching pad for other energy management and sustainable efforts.… Read More

The best intentions do not a plan make: turn corporate sustainability goals into action

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Companies across all industry sectors are committing to develop corporate sustainability plans. It’s no secret that a corporate sustainability plan can improve operational efficiency, reduce environmental impact, increase employee satisfaction, attract top talent and strengthen brand loyalty. It also can provide your company a competitive advantage by increasing its overall value, therefore attracting wealthy investors.

Once your company has committed to establishing a corporate sustainability plan and received engagement from the organization, the next critical step is to implement strategies that will help your company meet its sustainability goals. With the multitude of sustainable strategies and reporting standards available, it can be difficult to narrow the options, focus on the right metrics, and implement the best tactics.

But it may be easier than you think. What our Energy and Sustainability Services (ESS) team has found in helping clients turn their sustainability vision into a reality is that by initiating the following strategies, you’ll be well on your way to meeting your sustainability goals.… 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

Total Impact: a game changing methodology

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A groundbreaking approach known as Total Impact (TI) is helping companies to realize the impact they have not only on workplace and employees, but also on society, the environment and the economy. The methodology builds off existing financial reporting as well as corporate sustainability and integrated reporting.

JLL is currently piloting a TI assessment in the UK. While JLL is still in the process of calculating impacts, Sophie Walker, UK Head of… Read More