ESG

The city's chief climate officer is ‘serious’ about enforcing Local Law 97 to reduce carbon emissions of the city’s biggest assets by 2030.

Nominations close at midnight on Friday November 17 2023 for Real Estate Capital USA’s third annual awards and a shortlist will be announced on Monday, December 4.

Six insurance firms allocated $525m to finance energy efficiency and sustainability projects.

Vicky Schiff, chief executive of Avrio Management, is on a mission to prove that environmental and social improvements also make for better business, Rob Murray writes.

June saw Calvert Impact and PACE Equity launch Cut Carbon Notes, a finance program that is open to both institutional and retail investors.

The city’s historic Aronson Building is being converted into a 43-story Four Seasons Residences.

The strategy is growing in the US, but it lacks a real catalyst to drive change.

Cities including New York, Los Angeles, Portland, Seattle, Pittsburgh and Washington, DC, have adopted strategies that will move them toward a carbon-neutral future.

Investors are paying more attention to secular changes, including energy cost volatility and moves toward ESG.

The manager has worked with third-party advisers to devise a sustainable lending framework.