When it comes to cutting carbon emissions at commercial buildings, timing may not be everything, but it means a great deal. The longer a property owner waits to begin lowering emissions, the higher an asset’s carbon budget will be.
The sooner commercial properties begin the process to become net zero by 2050, as called for in the Paris Climate Agreement, the sooner property owners can realize the benefits of limited carbon footprints and lower energy costs.
Building Performance Standards (BPS), which are outcome-based state and local benchmarking laws, have been introduced to reduce GHG emissions in the real estate industry. Read our latest Viewpoint to see how the sector will be impacted.