Net Zero for Whom? Real Estate, Social Equity, and Decarbonization

November 01, 2023 2:30 PM – 3:30 PM (GMT-08:00) Pacific Time Los Angeles Convention Center - West Hall, 502A Concurrent Session
Mission Priority Open to All Attendees
Equitable Development Responsible Property Investment Sustainable Development
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The business case for a net zero carbon real estate industry is clearer than ever. Rising stakeholder pressure to decarbonize and the scale of business opportunity have ensured that companies that lead that effort will see the highest value creation. However, will the buildings and energy systems decarbonizing the industry reinforce inequity, or disrupt it? Will low-income communities and communities of color be left behind with inefficient buildings, polluted air, and increasingly expensive gas appliances, or reap the benefits of the net zero transformation and its manifold new technologies and wealth-building opportunities? The real estate sector has an enormous role to play in dismantling existing inequities in our industry that hold us back from full decarbonization, and luckily, prioritizing social and racial equity within decarbonization helps realize better ESG and real estate outcomes for all. Join this session to hear leaders in the field, like Tishman Speyer, Nuveen, and Bridging the Gap Development, talk about their efforts to decarbonize equitably, drawing from ULI Greenprint’s recent report, Net Zero for All: A Just Transition for Real Estate.