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Chicago Rises in Ranking of Green Office Space

October 20, 2016 by · Leave a Comment 

Chicago has moved up in a ranking of the nation’s largest metropolises on a recent survey of sustainable office space. According to the 2016 Green Building Adoption Index, over 72% of the Chicago market’s qualified commercial space is certified green, up from 63% last year. And with nearly one-fifth of all commercial buildings in the area certified, Chicago comes in at second on the list of the nation’s 30 largest markets, right behind San Francisco.
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Lower Emissions, Higher Returns: The Importance of Environmental Reporting in Real Estate Investing

September 14, 2016 by · Leave a Comment 

By Linda Seggelke

Real estate investment trusts (REITs) are increasingly incorporating environmental, social and governance (ESG) factors into their asset analyses. What’s more, studies have shown a strong correlation between firms that report these non-financial factors and the profitability of property owners and operators.

Real estate plays a pivotal role in determining public and environmental health. In the United States, commercial and residential real estate accounts for around 40% of both total electricity use (or roughly 39 quadrillion Btus) and carbon emissions. More and more, investors consider these risk factors. As a result, they are seeking better reporting of the ESG performance of their investments.
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Energy Transparency for Chicago’s Buildings Reaches New Heights

January 13, 2016 by · 1 Comment 

By Amy Jewel

[Originally posted on imt.org]

On December 16th, the City of Chicago released its 2015 Chicago Energy Benchmarking Report and Infographic, summarizing results from 2015 implementation of the Chicago Energy Benchmarking Ordinance.

Chicago’s energy benchmarking ordinance raises awareness of building energy performance through information and transparency, with the goal of unlocking energy and cost savings opportunities for businesses and residents. Large properties 50,000 square feet and greater are required to track whole-building energy use, report to the City annually, and verify data once every three years.
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Energy Benchmarking Begins at Your Roof

January 15, 2015 by · Leave a Comment 

By Bill McHugh, CRC Executive Director

Whether it’s a new project or a retrofit, saving energy and money starts at the top. Nowhere are a building’s extremes more evident than the roof, especially last winter season. This is where heat is lost in winter and infiltrates in summer; where wind and precipitation meet the building’s top with a vengeance, challenging it physically and structurally.
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Energy Use Benchmarking Comes to Chicago

September 26, 2013 by · Leave a Comment 

By Matt Baker

Greenwashers. They are the ones telling you that their product is sustainable and never mind about backing those claims up. You might be annoyed to discover that you’ve wasted your money on paper towels or a floor cleaner that claimed to be green but wasn’t. Now imagine that the product bathed in greenwashing isn’t some $5 cleaning product but a piece of real estate.
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