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By DEB NOLLER | The Business Times | July 21, 2022
Sustainability has been a focal point of businesses for more than a decade, but companies often consider it as a nice-to have measure, and for years it did not foster any major change to business practices.
The real estate industry, in particular, has been trying to incorporate a more holistic approach around environmental, social, and governance (ESG) factors. The impacts of climate change have already influenced real estate markets at a global scale, with 65 percent of investors expressing their motive for considering ESG issues to help manage investment risks, as 35 percent of real estate investment trust's properties are exposed to climate hazards.
In fact, the World Green Building Trends report has shown that about two-thirds of owners and developers believe that green building will increase a new building's asset value by 6 percent or more.
Across the board, for developers and investors, this trend creates a clear business case, there is heightened financial opportunity from asset value of sustainable buildings. Committing to action on sustainability across all built assets makes financial sense.
Read the news article here.
5 articles found
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Switch Automation CEO, Deb Noller, featured in the Facilities Management Trends by Select Hub
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Switch Automation's CEO, Deb Noller, speaks to Realty Nxt about the growth of Switch
Switch Closes $5M Series A2 Fundraising
Switch is pleased to announce a new partnership with lead investor Gaw Capital and that our $5M Series A2 round of fundraising is now closed.
Editor's Letter: The Hidden Gems of Unissu
An article by Switch Automation's CEO, Deb Noller, mentioned in the Editor's Letter by Unissu
3 Proptech Execs' Take On Customer Support In A New Age
As COVID-19 touches increasingly more lives, commercial real estate's leadership is grappling with how to not only be present and communicative for their teams, but for their customers as well.
What Can a Smart Building Platform Do For You?
Answers to the questions of what constitutes a smart building platform and how it can work in your building are as diverse as the massive digital data they manage.
Australian Bushfires and what lies ahead for sustainability in real estate
An article of Switch Automation's CEO, Deb Noller, for the Facilities Net
Update from Australia: A diverse set of solutions for the built environment.
Switch Automation highlighted in Kerri Lee Sinclair's of SBE Australia article for Automated Buildings
Switch Automation to partner with US Department of Defence
Switch HQ moves to The Alliance Center, doubling down on sustainability efforts
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