Issue link: https://resources.tangoanalytics.com/i/1529506
Tango | ©2024 Tango CONFIDENTIAL - Not for publication or distribution The Case for Green Leasing in Commercial Real Estate The Macro Landscape 6 Core Drivers Key Enablers Emissions : Buildings contribute heavily to emissions, with 30% from operations alone. Investors Demand ESG: Over 95% of investors now require ESG data in real estate decisions. Rising Climate Costs: In 2024, the U.S. faced $ 24 billion climate disasters, spiking insurance premiums and risk. Tenants can control up to 80% of energy use, making green leases key to efficiency. Green leases could reduce 11–22% of energy use in U.S. office buildings.. Local and state policies now require energy and carbon reporting, encouraging green leases. green leases. Two-thirds of Fortune Global 500 companies have major climate commitments. Green leases align owner and tenant goals to deliver shared ESG value. Green leases can cut office building utility costs by 22%.