The Value of an Integrated Sustainability Strategy for Real Estate Companies and Funds

The 2016 installment of the U.S. Department of Energy (DOE) Better Building Summit was full of friends and leaders from across the real estate industry. I had the opportunity to participate in a session moderated by Dr. Jason Hartke (DOE), David deVos (Prudential Real Estate Investors) and Jennifer McConkey (Principal Real Estate Investors). I want to reflect on one question we received during our session. A member of the audience asked about industry expectations for future energy cost saving potential – 10, 20, 50%? This is a reasonable question, but the tone and implication of the question seemed to suggest that operational energy cost savings was the principal or primary motivation for incorporating sustainability into real estate. In the spirit of the Summit’s focus on “Better Buildings”, I think it is important to put this question into a broader context. Opportuniti...

Full article: http://www.sustainablecitiescollective.com/gbiginsight/11...

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The Value of an Integrated Sustainability Strat...

The 2016 installment of the U.S. Department of Energy (DOE) Better Building Summit was full of friends and leaders from ac...

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