Energy & Emissions
ESG & Sustainability
Environmental, Social and Governance (ESG) themes and investing principles covers a wide range.
IMK focuses on the environmental aspects as that more directly relates to sustainability and our real estate investments. We believe that we can be responsible to the environment in our investing as that achieves several objectives:
- Improve investment returns
- Achieve sustainability goals
- Help the environment that we all live in
Energy & Emissions
Global Energy Use
Energy Use in Buildings
Energy Use in Buildings
Building construction and operations accounted for 36% of global final energy use.
*Source: 2019 Global Status Report for Buildings and Construction. Prepared by the International Energy Agency (IEA) for the Global Alliance for Buildings and Construction(Global ABC)
Energy Use in Buildings
Energy Use in Buildings
Energy Use in Buildings
Multifamily Residential: Utilities typically are 25-35% of overall operating cost. (US Department of Energy (DOE).
Office Buildings: Energy use is the single largest operating expense. Approximately 1/3 of operating budget. (20% of emissions).
According to EnergyStar:
10% decrease in energy use, could lead to a 1.5% increase in NO
Multifamily Residential: Utilities typically are 25-35% of overall operating cost. (US Department of Energy (DOE).
Office Buildings: Energy use is the single largest operating expense. Approximately 1/3 of operating budget. (20% of emissions).
According to EnergyStar:
10% decrease in energy use, could lead to a 1.5% increase in NOI. This increases the overall value meaningfully based on the Cap rate.
Global Emissions
Energy Use in Buildings
Global Emissions
Building construction and operations accounted for 39% of global carbon emissions.
*Source: 2019 Global Status Report for Buildings and Construction. Prepared by the International Energy Agency (IEA) for the Global Alliance for Buildings and Construction(Global ABC)