Property owners want to reduce their negative impact on the environment

Reducing carbon dioxide emissions is becoming a priority for commercial property owners, especially as many investors have committed to zero emissions. A large part of the office buildings is half empty due to the popularity of the remote working model. The time has come for facility owners to invest in digital solutions such as Space in the Cloud. It is worth noting that sustainable buildings in terms of environment and management can reach up to 26 percent. higher rents, while showing 8 percent. higher occupancy. Unfortunately, currently, over 90 percent of all commercial buildings do not comply with ESG rules. It is high time for the real estate industry to adopt groundbreaking technology and invest in digitization to make better use of space and reduce carbon dioxide emissions – this is one of the things in the new report on ESG and digitization in the office market by the digital service provider workcloud24.

Of the 51 gigatonnes of pollutants produced by mankind each year, real estate accounts for around 39 percent of the total global emissions. To mitigate the effects of climate change, more and more investors are making commitments to neutralize the carbon footprint they generate. Property developers and managers will have to follow suit if they do not want to risk a drop in prices and results. According to PwC data, compliance with ESG was already in 1st place in the Due Diligence study.

(WBJ)