by Kimberly Ryan, Senior Portfolio Manager, Wells Fargo Private Bank
Commercial real estate can have a significant impact on the environment and an increasing number of real estate industry professionals are incorporating sustainability practices into corporate strategy and building management. Kimberly Ryan, Portfolio Manager for Wells Fargo Private Bank’s Social Impact Investing (SII) REIT strategies offers her thoughts on the benefits of integrating sustainability and ESG analysis into the REIT investment process.
What is your company doing to turn business development into something sustainable? Increasingly, the data shows that organizations taking initiative to address climate change are positioning their business to succeed both in the market and as advocates for social change. Sustainable development isn’t just about improving the world for future generations — it’s a meaningful purpose for today and tomorrow.
By Tim Fleming, Director of Enterprise Sustainability, AT&T
Earlier this year, the World Economic Forum released its 2017 Global Risks Report, providing ample reading material for the world’s elite as they trekked to the Forum’s annual meeting in Davos, Switzerland.
The firm cuts landfill waste by 49%, expands recycling by 79%, and reduced greenhouse gas emissions by 3%
T. Rowe Price’s 2014 Corporate Social Responsibility Report describes the firm’s progress on its commitment to reduce environmental impact. Between 2010 and 2014, the firm cut landfill waste by 49%, expanded recycling by 79%, and reduced greenhouse gas emissions by 3%, all while the associate population grew 30%.
Nearly a third of the firm’s real estate is now sustainably certified
Through our environmental strategy, we scrutinize every aspect of our business and operations, with the aspiration of creating a fully sustainable Bloomberg.
Energy consumption represents 59% of our total CO2e emissions. Employee business travel and logistics (including magazine distribution) contribute 26%, with paper consumption from publishing (Businessweek, Markets/Pursuits, BBNA) accounting for 14% and the balance from office paper and landfill waste.
Ventless, Energy-Efficient Clothes Dryer Recognized by the Pacific Coast Homebuilding Industry
BENTON HARBOR, Mich., June 24, 2015 /3BL Media/ - The ventless Whirlpool® HybridCare™ Duet clothes dryer with Heat Pump technology, designed to reduce installation costs for professionals and energy costs for homeowners, has earned a 2015 PCBC Parade of Products (POP) Award for innovation in design and practical application. It is one of only 18 homebuilding products selected by a panel of industry experts to receive the recognition.
May 6, 2015 /3BL Media/ - The Environmental Protection Agency’s fifth annual Battle of the Buildings saw more than 100 teams and 5,500 buildings compete to reduce energy and water consumption over a one-year period. Overall, competitors reduced energy use by more than two billion kBtu, reduced water use by more than 250 million gallons, and saved more than $50 million. With a 37.2 percent reduction in energy use, TD University ranked eighth out of 5,745 buildings.
Senior Director, Energy Management Services, Sodexo
Energy conservation is both a personal and profession passion for me. I am always looking for new ways to reduce energy consumption. I believe each one of us has the capacity to change, to look in our own energy mirror and discover ways to take small steps to reduce energy consumption, conserve natural resources and protect the environment.
PaloAltoGreen Gas is the First Green‐e Climate Certified Natural Gas Offset Program Offered by a Municipal Utility
Berkley, CA, January 26, 2015 /3BL Media/ - TerraPass, a leading supplier of carbon offsets and emission reduction solutions, is pleased to announce its three-year partnership with the City of Palo Alto Utilities (CPAU) to launch and maintain its new Palo Alto Green Gas program. It is the first-ever Green-e Climate certified gas offset program offered by a municipal-level utility, and one that is designed to allow its customers to reduce the carbon footprint of their natural gas energy consumption.