A Compelling Argument for More Solar in CRE

 

originally published by BRIELLE SCOTT for NAIOP National with permission to share

Solar

Environmental, Social, and Governance mandates (ESG) are becoming a reality not only in large enterprise businesses but also in their entire supply chains. Forces from upstream as well as downstream, combined with pressure from stockholders, stakeholders, employees, and customers, are ushering in a new era where ESG practices are no longer considered optional.

There’s still a long way to go: According to McKinsey, approximately 70% of commercial real estate has the capability to go solar, but there’s only a 3% penetration rate.

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