Looking Beyond COVID-19: Green Leasing - Action, Adaption, and Adoption for Commercial Offices in China

As the COVID-19 outbreak began to gain a foothold in China, many office landlords and office tenants in the country quickly took steps to ensure that office building and workplace health and safety levels were strengthened to combat the spread of the virus. 

Ahead, we expect office building health and safety measures, as well as office workplace wellness and wellbeing programs, to be prioritised and to grow in number, as well as reaching new heights in terms of standards. Green leasing can assist in this endeavour.

The New Norm: ESG as a Material Risk and Opportunity for Real Estate

Environmental, Social and Governance (ESG) is no longer an emerging trend, but a critical component of real estate investment integrated into investment decision-making. COVID-19 has further cemented this new “norm” as risk management, resiliency, transparency and social engagement—key outputs of ESG—take center stage.

While COVID-19 has underscored the importance of ESG issues, this new “norm” is a result of trends already underway including dramatically changing acceptance of the risks of climate change, innovations in the measurement and tracking of ESG performance, new innovative ESG investment alternatives, the growing influence of millennial investors, and ultimately the rapidly expanding business acceptance.

Join the LADWP and LABC Feed-in Tariff (FiT) Update Call

The Los Angeles Department of Water and Power is still accepting applications for the first 50MW tranche of the expanded 450MW FiT program and is slated to introduce a new 10MW FiT+ Pilot program this fall that incorporates energy storage and other development incentives. This new iteration will further build grid reliability in our communities, directly where we are generating new electricity from rooftop solar installations. The expanded FiT program is a major step forward towards California’s energy future and fulfills Mayor Garcetti’s Green New Deal commitment of having 450MW of Feed-in Tariff capacity by 2025. The program will bring hundreds of millions of new dollars in local investments and local, well-paying jobs for Angelenos.

Join the LA Business Council to hear an update from the LADWP solar team on the latest 50MW tranche and the latest news on the FiT+ 250MW project currently in the pipeline.

Webinar: Succeed with Submetering - How to Make the Business Case

Organizations of all shapes and sizes can benefit from a more detailed understanding of their energy usage. Join Better Buildings Partners from both the public and private sectors to hear a discussion about how to make a compelling business case for the value of submetering to decision-makers. They will also share the link between submetering to benchmarking and other data management efforts.