By Alton Wong, Executive Director, Co-head of Sustainability Services, Greater China, Cushman & Wakefield
For businesses in carbon-intensive industries, the challenge of reducing Scope 1 emissions (direct emissions from owned or controlled sources) can be great.
For service-based organizations, Scope 1 emissions may represent only a single-digit percentage of their entire carbon output. In these cases, the majority of their emissions are Scope 3 – they originate further up or down their supply chain through the activities of their suppliers.
So how do service businesses, like financial institutions and consultancies, reduce what they cannot control?
Read MoreAn increasing number of institutions, especially financial institutions, have started to disclose climate-related risks and opportunities in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD).
MSCI ESG Research LLC data and metrics can be used at the portfolio, sector and security level to support reporting on the four pillars of the TCFD recommendations: governance, strategy, risk management and metrics and targets.
This report was originally published in https://www.msci.com/www/research-paper/tcfd-aligned-climate-risk/03306029396
Download the Report Read MoreWith the pandemic now well into its third year, most office occupiers in Asia Pacific are displaying a clear shift towards embracing real estate strategies that recognise that COVID-19 is here to stay for the long-term.
Among these approaches are a sharper focus on wellness and sustainability in the workplace, with CBRE Asia Pacific’s 2022 Spring Office Occupier Survey finding that most tenants are implementing or at the very least considering a range of related initiatives.
This ViewPoint by CBRE Research expands upon the survey findings and identifies the main challenges and priorities facing landlords and investors as they look to respond to growing occupier demand for green buildings, leases and technologies.
This report was originally published in https://www.cbre.com/insights/viewpoints/asia-pacific-viewpoint-landlords-and-tenants-must-collaborate-to-achieve-sustainability-goals-jul
Download the Report Read MoreCushman & Wakefield Greater China's report begins by considering and explaining what climate positive is and means. Secondly, the report looks at a number of selected climate-positive approaches for sustainable real estate. Thirdly, the report examines two proven rating and benchmarking systems that can go some way to help enterprises achieve their climate positive goals, and they are:
This report was originally published in https://www.cushmanwakefield.com/en/greater-china/insights/china-sustainability-climate-positive-report-2022
Download the Report Read MoreThis starter guide provides a quick summary of approaches to responsible investment for direct and indirect real estate investors. It outlines options for including ESG issues in the investment process, management of assets and the relationship between asset owner and investment manager.
Investing in real estate presents two key ESG considerations when compared with many other asset classes. Firstly, real estate is usually a long-term investment, allowing more time for material ESG issues to play out in ways that affect investors, the environment and society. Secondly, many ESG issues play out at a local level, for example extreme weather, water stress, legislative and/or regulatory requirements and community relations. Direct real estate investments are inextricably linked to a specific geographic location, making the incorporation of ESG issues particularly relevant.
This report was originally published in https://www.unpri.org/an-introduction-to-responsible-investment/an-introduction-to-responsible-investment-real-estate/5628.article
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