E | S | G
USE ENVIRONMENTAL, SOCIAL & GOVERNANCE
BEST PRACTICES TO INCREASE YOUR PROPERTY’S VALUE
%
...of All Annual Carbon Emissions Are Produced by Buildings & Their Construction
%
...Quantity of Sustainability Loans Issued in 2021 vs 2020
%
... is the average increase in building value for buildings with high ESG Scores
ENVIRONMENTAL
Buildings Generate Almost 50% of Annual CO2 Emissions
The E in ESG stands for Environmental. Both commercial and residential buildings have a massive impact on the environment in a variety of ways such as decreasing biodiversity and carbon emissions (pollution). Here are just a few examples:
- Poor Energy Efficiency
- Constructions Logistics & Material Transport
- Improper Waste Management
- Over-Reliance on Plastics
SOCIAL
The Number of WELL & FitWel Certified Buildings Has Doubled Since 2021
When it comes to ESG & commercial real estate, the Social component of ESG is most concerned with providing for and/or the enhancement of Wellness initiatives in these ways:
- Physical: Nourishing a healthy body through exercise, nutrition, sleep, etc.
- Mental: Engaging the world through learning, problem-solving, creativity, etc.
- Social: Connecting and engaging with others and our communities in meaningful ways.
GOVERNANCE
Since March 2020 (Start of COVID), ESG-Related Discussions & Reporting at Board Meetings Has More Than Doubled.
The G in ESG stands for Governance. ESG has become a main board agenda item in nearly 1/2 of the Fortune 500 companies. Governance topics include:
- Board Composition
- Shareholder Rights
- Accounting Transparency
- Separation of Chairman & CEO Roles
You may be wondering “Ok, so what does Governance have to do with Commercial Real Estate?”.
Good Question.
Remember that ESG is a decision and management framework. A prospective tenant may want to know that the Landlord’s company adheres to ESG if it is a larger corporation. Conversely, Landlords may use elements of the Governance framework to assess the quality and risk level of prospective tenants beyond their financials.
Get The ESG Score for Your
South Florida Commercial Building
Increase the Value of Your Commercial Building & Make It More Attractive to Lenders
How ESG Scoring Works
To get an ESG Score for your South Florida Commercial Building we will have to come onsite to inspect your building and collect some information from you. Once all of that is done, we provide you with an ESG score and remediation plan to increase the score if necessary. If those remediations are made we will rescore the property at no additional charge. Our evaluation will primarily focus on the Environmental & Social elements of ESG as it relates to your South Florida Commercial Building.
PRICING:
- If you’re fully listing your property with us, your ESG Scoring is free and included with the listing process
- If you’re using us to sell your property off-market without fully listing it and want an ESG Score for it, we add +0.5% to the commission agreement.
- If you’d like an ESG Score without listing your property, we charge $100 per 1000sf of total building square footage. So a 2000sf building is $200 and a 10,000sf building is $1000.