We Need Net-Zero Buildings By 2050

By on September 26, 2017

From GreenBiz:  Earlier this summer, a global banking giant announced a major drive to reduce the energy use in its portfolio of over 5,500 properties in 60 countries and a commitment to source 100 percent of its energy from renewables by 2020. The move was highly praised and its rationale unquestioned.

A senior executive of that bank, JPMorgan Chase, remarked, “Why would we do it any other way?”

The strength of the business case for action on climate change is such that decisions such as this are becoming more regular in a post-Paris Agreement world.

The RE100, a global initiative from the Climate Group in partnership with CDP, recently has announced the 100th major global corporation committed to source 100 percent renewable power. The Science-Based Targets initiative — a collaboration between several nonprofits and the United Nations Global Compact that ensures that emission reduction targets are in line with the level required to keep global temperature increase below 2 degrees Celsius — is close to 300 corporate commitments.

The We  Mean Business coalition, coordinating these and other commitments, is capturing a groundswell of corporate support and action on climate change. To date, some 600 companies have made more than 1,000 commitments via the coalition’s Take Action campaign.

What makes JPMorgan Chase’s announcement stand out is the focus on buildings. Michael Bloomberg and Carl Pope’s new book tells it like it is: “Improving the efficiency of buildings is not as sexy as saving a rainforest. You don’t see many celebrities dedicating their philanthropy to it. But the fact is, making the biggest possible dent in greenhouse gas emissions requires focusing on buildings.”

We couldn’t agree more. So, building on The Climate Group’s work with RE100, and the World Green Building Council’s major project Advancing Net Zero, we are highlighting the important role of buildings during the upcoming Climate Week NYC, taking place Sept. 18-24.

Read more.

 

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