Leveraging healthy buildings as a tool to apply a people-centric approach to ESG
Sara Karerat,
Adele Houghton and
Grace Dickinson
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Sara Karerat: Center for Active Design, USA
Adele Houghton: Biositu, USA
Grace Dickinson: Center for Active Design, USA
Corporate Real Estate Journal, 2023, vol. 13, issue 1, 32-43
Abstract:
Resilience, or the ability to respond effectively to the unexpected, has always played a vital role in the corporate real estate (CRE) sector. That importance has only intensified in recent years in the face of numerous crises, including COVID-19, natural disasters and financial market stagnation. Prioritising people and their well-being has emerged as an effective tactic for not only increasing resilience, but also for aligning with environmental, social and governance (ESG) standards across all three pillars. This paper begins by discussing the role ESG plays within the CRE sector, with a focus on the importance of taking a people-centric approach. It presents the co-benefits framework as an effective tool for optimising ESG efforts and identifies several key data sources that aid in reporting ESG metrics. The paper concludes with a case study of a company that leveraged data to better understand how its ESG efforts were supporting its overall financial outcomes.
Keywords: ESG; healthy building; public health; certification (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:aza:crej00:y:2023:v:13:i:1:p:32-43
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