Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

12
WWW.GREENPRINTFOUNDATION.ORG

Transcript of Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

Page 1: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

WWW.GREENPRINTFOUNDATION.ORG

Page 2: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

Ongoing Performance Measurement and the Real Estate

Investor

Page 3: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

REDUCING CARBON. BUILDING VALUE.

What is Greenprint Foundation?

WWW.GREENPRINTFOUNDATION.ORG 3

A worldwide alliance of leading real estate owners, investors and financial institutions committed to reducing carbon emissions across the global property industry.

A catalyst for change, taking meaningful, immediate and measurable actions to generate solutions that improve energy efficiency and create value in property portfolios.

Greenprint‘s mission is to lead the global real estate community toward value-enhancing carbon reduction strategies that support the Intergovernmental Panel on Climate Change (IPCC) goals for global greenhouse gas stabilization by 2030.

Page 4: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

REDUCING CARBON. BUILDING VALUE.Greenprint Founding Members

05/02/23WWW.GREENPRINTFOUNDATION.ORG 4

Page 5: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

REDUCING CARBON. BUILDING VALUE.

05/02/23WWW.GREENPRINTFOUNDATION.ORG 5

Volume 2 released in July 2011 Members can now track their relative progress in improving energy efficiency over time

The Greenprint Performance Report™

ENERGY

-0.7%Like for Like

CARBON

-0.7%Like for Like

OCCUPANCY

+0.5%Like for Like

NUMBER OF PROPERTIES

+22%Change from Volume 1

NUMBER OF COUNTIES+170%Change from Volume 1

1,623 Properties31 million square meters (338 million square feet)44 countriesEquivalent to taking over 1,700 cars off the road.

Page 6: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

REDUCING CARBON. BUILDING VALUE.The Greenprint Performance Report™

WWW.GREENPRINTFOUNDATION.ORG 6

Provides a consolidated view of members’ participating portfolios, detailing their current energy consumption and carbon footprint, and providing an important benchmark with which to measure progress in reducing carbon emissions.

Already one of the largest global measurements of real estate’s carbon footprint.

AMERICAS

892 assets, 6 countries19 million m2 (200 MSF)+152%

EMEA

621 assets, 23 countries11 million m2 (116 MSF)+60%

110 assets, 15 countries2.1 million m2 (22 MSF)-6%

ASIA PACIFIC

Page 7: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

REDUCING CARBON. BUILDING VALUE.Greenprint Energy Consumption

05/02/23WWW.GREENPRINTFOUNDATION.ORG 7

The Greenprint portfolio’s energy consumption decreased 0.7% on a Like-for-Like portfolio basis.

20094,239 million kWh

833 properties, 16 million m2

Page 8: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

REDUCING CARBON. BUILDING VALUE.

8

Energy use intensity focuses on energy efficiency and, in most instances, decreasing energy intensity reduces greenhouse gas emissions.

The Greenprint Performance Report™

500

400

300

200

100

0

ENERGY INTENSITY

annual kWh / m2

(rentable area)

229

345

287

424

495

448

335

100

48

America

s (53

3 pro

perti

es)

EMEA (308

prop

ertie

s)

Asia P

acific

(82 p

rope

rties

)

America

s (12

prop

ertie

s)

EMEA (60 p

rope

rties

)

Asia P

acific

(14 p

rope

rties

)Amer

icas (

9 pro

perti

es)

EMEA (57 p

rope

rties

)

Asia P

acific

(6 pr

oper

ties)

Median Office Energy Use Intensity

Median Retail Energy Use Intensity

Median Industrial Energy Use Intensity

WWW.GREENPRINTFOUNDATION.ORG

Page 9: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

REDUCING CARBON. BUILDING VALUE.Greenprint Carbon Index (GCX)

05/02/23WWW.GREENPRINTFOUNDATION.ORG 9

100

2030 GOAL

201020090

25

50

75

100 99 2010

2009

104

105

(0.6%)

1,933 19 1,094

763141,482

Total Floor Area (millions of m2)

Number of Properties

Thousand Tonnes of Co2e

% Change in Emissions Intensity

Annual Emissions Intensity(kg Co2e / m2 / yr)

Year

GREENPRINT GOAL50% OF 2009 EMISSIONS BY 2030

50

INDEX BASED ONAnnual kg CO2e / m2

2009 = 100

Page 10: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

REDUCING CARBON. BUILDING VALUE.

WWW.GREENPRINTFOUNDATION.ORG 10

Greenprint Member Performance Report™

250

200

150

100

50

0

159

ENERGY INTENSITYannual kWh / m2

(rentable area)

188

226217

252

227205

229

209

Member’s Air Conditioned Office Properties in San Francisco Compared to Greenprint median (125 properties) for air conditioned office properties in San Francisco

Sample

Pro

perty

D

Sample

Pro

perty

C

Sample

Pro

perty

ASam

ple P

rope

rty B

Page 11: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

REDUCING CARBON. BUILDING VALUE.

What Makes the GreenprintPerformanceReportUnique?

Relative performance measurement with current market benchmarking

Global portfolio

Transparent data

Standardization

Data quality controls

05/02/23WWW.GREENPRINTFOUNDATION.ORG 11

Page 12: Energy as a Driver of Value (Charles Leitner) - ULI fall meeting - 102711

REDUCING CARBON. BUILDING VALUE.

Where is Greenprint Headed?

Continue to lead the way in transparency

Procurement platform to provide web-based next generation data tool and reporting system

Increase scope of membership and alliances

Grow the number of properties reporting data Publish best practices case studies illustrating

connection between reduced carbon emissions and asset value

05/02/23WWW.GREENPRINTFOUNDATION.ORG 12