Isra-Mart srl : Low-carbon economy may impact brokerage

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Isra-Mart srl news:

While green buildings continue to get a lot of play in the design and construction worlds, an increasingly more important aspect of "green" to major corporations is how real estate impacts their corporate carbon footprint.

Given recent federal EPA greenhouse gas (GHG) emissions reporting requirements, carbon emissions management is becoming an increasingly more important business objective across the C-suites, especially for U.S. publicly traded companies. With real estate/facilities accounting for approximately 40% of a typical corporation's carbon footprint, site selection and leasing alternatives will need to include evaluations as to their collective positive or negative carbon impact to allow corporate decision makers to make well informed selections.

The implications of a cap and trade program or carbon tax could become a game changer in large real estate transactions, as the building’s impact on a corporate carbon footprint would be given great weight, potentially becoming as important as base rent. Real estate brokers in all sectors will be well served to be able to speak clearly on this matter.