Skip Ribbon Commands
Skip to main content

News

London

Jones Lang LaSalle Introduces Global Knowledge Base of Energy, Climate and Reporting Legislation Affecting Commercial and Corporate Owned Buildings

New issue of Global Sustainability Perspective focuses on current and imminent energy, carbon and sustainability incentives and reporting mandates around the world


Jones Lang LaSalle has released the newest edition of Global Sustainability Perspective, containing an overview of the firm’s extensive knowledge base on energy, sustainability and climate legislation and regulations around the world.
 
Government mandates and incentives concerning energy efficiency in buildings, renewable energy incentives, environmental/social/governance (ESG) reporting and carbon emission reduction initiatives are among the trends detailed in the newest issue Global Sustainability Perspective, an online publication developed by Jones Lang LaSalle experts in more than 10 countries.
 
“Carbon reporting, energy and water consumption, renewable energy generation and other environmental issues are high on the list of concerns for governments around the world, and many of the actions taken to address these issues affect commercial buildings,” said Dan Probst, Chairman of Energy and Sustainability Services at Jones Lang LaSalle.  “As a leading global commercial real estate services firm, we have an obligation to understand the impact of national and provincial laws on our investor and occupier clients worldwide, in order to provide world-class expertise and strategies for leasing, investment, development and facility management.”
 
“Senior executives of companies around the world recognise the important role that environmental, social and governance issues play in the success and long-term sustainability of their businesses,” said Julie Hirigoyen, Lead Director of Jones Lang LaSalle Upstream Sustainability Services in London. “In recent years, there has been a tremendous surge in the number of companies integrating corporate responsibility into their core business strategy, and increasing legislative action is one factor driving this trend.”
 
Multi-national companies and international investors must contend with an array of municipal, state and provincial, national and regional laws governing carbon, energy, water, waste, pollution and environmental risks. In addition to government mandates, companies can often benefit from tax breaks, grants and other incentives—if they are aware of them.
 
Jones Lang LaSalle executives have built up an extensive data base and human network of expertise on current and pending legislative and regulatory actions over the past several years. Government actions detailed in the current issue of Global Sustainability Perspective include:
 
ESG Reporting:  Regulators in Europe, and beyond, are requiring greater corporate transparency with more stringent ESG disclosure laws. Countries such as Denmark, France, South Africa, the UK, Indonesia and the United States are increasingly setting the standard for non-financial corporate reporting regulation.
Energy Efficiency and Carbon Performance:  Beyond reporting, mandatory directives in EU countries are complemented by voluntary standards such as the Global Reporting Initiative. Cities such as Hong Kong, Singapore, San Francisco and New York are starting to require energy audits and improvement programs in existing buildings.
Renewable Energy:  India and China are poised for unprecedented growth in the installed base of renewable energy installations on the ground or on the rooftops of buildings. Extended federal tax benefits in the US suggest another record-setting year of solar power development.
 
Highlights of government actions around the world can be reviewed in the new edition of Global Sustainability Perspective, Jones Lang LaSalle’s ongoing coverage of challenges and opportunities relating to energy and sustainability in buildings.  In addition, the firm’s Green Blog now offers perspectives on energy, sustainability and climate issues from around the world. http://www.joneslanglasalleblog.com/greenblog/