CoreNet Global Summit, Boston 2018
Boston | Oct 14 - 17, 2018 | John B. Hynes Veterans Memorial Conv. Ctr
Don't miss the largest gathering of corporate real estate professionals.

Creating Business Value and Enhancing Productivity through Sustainability and Innovation

October 17, 2018 | 9:45 - 10:45

Creating Business Value and Enhancing Productivity through Sustainability and Innovation

The 3-30-300 rule estimates that a typical U.S.-based organization spends $3 per square foot per year on annual utility expenses; $30 per square foot per year on annual rent; and $300 per square foot per year on employee payroll. Therefore, energy-saving opportunities that result in employee productivity generate significant co-benefits. In addition, strong sustainability policies are shown to increase employee satisfaction and enhance financial returns. However, in a leased space, split incentives between the tenant and landlord lead to challenges in updating technologies or operational strategies. The EPA recently launched Energy Star Tenant Space Recognition to identify tenants that are leaders in efficient space construction. This session will provide a roadmap and case studies for forward thinking owners and tenants that want to collaborate on more efficient tenant space while also identifying lease terms that can be incorporated to achieve aggressive environmental goals including net zero.

Key Takeaways:

  • Initiate real estate programs that provide a competitive edge in your ability to attract, retain, and motivate tenants and workers. 
  • Generate value by learning methods that will reduce your energy consumption and utility costs and are scalable and replicable across all leased or owned workspaces. 
  • Gain recognition for your sustainability leadership, creating value and additional demand for sustainable spaces. 


Speakers: