If you own or manage real estate, you should consider socially responsible value-added capital expenditures.
ESG stands for Environmental, Social, and Governance and refers to the three key factors when measuring the sustainability and ethical impact of an investment in a business or company.
Sub-metering multi-tenant properties:
• Mitigates water wastes, and water pollution;
• Reduces greenhouse gas emissions, through lower sewer usage;
• Lowers tenant expenses and allows more affordable housing;
• Adheres to Conservation Mandates.
As the real estate icon, Sam Zell stated “It is a myth to think that socially responsible investing comes at a cost – that you will make less money – in fact, the opposite is often the case”.
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