This presentation by David Katz, president, Sustainable Resources Management Inc., delves into the evolving landscape of Environmental, Social, and Governance (ESG) frameworks, particularly within the realm of corporate social responsibility.

ESG is part of broader sustainability goals, and is a significant aspect in real estate due to buildings' substantial energy consumption and long-term impact on communities. Moreover, ESG criteria are increasingly integrated into investment strategies, with tenants demanding transparency from landlords regarding the environmental footprint of their buildings.

Smart buildings can play a role in ESG compliance, with interoperability among various systems that enhance efficiency and data exchange. The most common data to capture is for energy consumption and meeting net zero goals. Data-driven reporting also overcomes challenges such as greenwashing and quantifying sustainability efforts.

When considering sustainability efforts, facility managers should look beyond the environment and energy efficiency. Factors like indoor air quality and occupant well-being are also critical pieces of an overall ESG plan.

Data and reporting will only become more important in the future. Tools such as Energy Star Portfolio Manager and ASHRAE Building IQ are two examples that can be used for benchmarking and improvement.

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