Urban Land Institute says industry is making good progress
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The commercial real estate sector is making significant progress on its shift towards better environmental performance.
Reducing energy consumption, carbon emissions, water usage, and waste disposal have all improved according to a study by the Urban Land Institute’s Greenprint Center for Building Performance.
An analysis of 8,000 buildings owned by Greenprint members shows that between 2016 and 2017 there was a 3.3% reduction in energy consumption, 3.4% reduction in carbon emissions, and a 2.9% reduction in water use.
With buildings responsible for a third of climate-changing carbon emissions globally, Greenprint members aim to reduce emissions by 50% by 2030. The new report shows they are on track.
The ULI Greenprint Center for Building Performance continues to help its members take demonstrable and meaningful action to create high-efficiency buildings," said ULI Global Chief Executive Officer W. Edward Walter. "Greenprint demonstrates how owners and developers can efficiently conserve water and energy and be part of the solution to climate change. The results that the Greenprint members achieve are inspiring a broader movement within the real estate sector to improve building performance."
