With real estate assets across the country damaged by the effects of climate change, and government putting pressure on building owners to reduce their carbon footprints, investors are seeking assets that implement sustainable technologies while setting standards to measure environmental performance. For Taylor Johnson client Lendlease Americas, these new investor expectations are already part of a best-practice model; the company has long made sustainability a central tenet of its developments, construction processes and operations, and its pipeline reflects an evolution toward its goal of absolute zero carbon by 2040.
When we shared information on Lendlease’s ESG initiatives and climate-resilient assets with reporter Patrick Sisson for The New York Times, he took note and spoke with Lendlease Americas’ Head of Sustainability, Sara Neff, for a story about how a predicted increase in ESG-focused investment is reshaping how developers are thinking about new developments and retrofits. A big takeaway? Not spending money on sustainability today will cost you tomorrow. Read more in TJ TALK.