Month: June 2024

Over the last five years, Duke Energy’s Share the Light Fund® has provided more than $3 million of assistance, which has helped support more than 10,000 Indiana households

PLAINFIELD, Ind., June 13, 2024 /3BL/ – Duke Energy Indiana customers who may be struggling to pay their energy bills can apply now for up to $300 in financial assistance. The company announced today it has dedicated an additional $100,000 through its Share the Light Fund to help individuals and families in need.

“As temperatures climb, these funds will help reduce the burden of energy expenses for those who need it most,” said Stan Pinegar, president of Duke Energy Indiana. “We want to remind customers who may be having trouble paying their utility expenses to contact us about options for managing their bills, including interest-free payment plans.”

Duke Energy works with the Indiana Community Action Association to distribute funds to qualifying customers to help pay energy bills, deposits and reconnection/connection charges. Individuals should contact their local community action agency to see if they are eligible. Click here to find a listing of service providers by county.

Over the last five years, Duke Energy, its employees and its customers have provided more than $3 million in bill assistance through the Share the Light Fund, which has helped support more than 10,000 Indiana households.

Duke Energy has more than a dozen energy assistance and bill-lowering tools, including:

Usage Alerts that send customers a notification of how much electricity they are using and its cost so they can make adjustments before their billing period ends 
 Free Home Energy House Calls, where energy professionals assess a home for efficiency and provide homeowners with a toolkit of energy saving devices 
 Budget Billing, which helps ease the impact of higher seasonal bills by leveling out monthly payments 
 Interest-free payment plans for customers needing flexibility

To learn more about these programs, visit duke-energy.com/HereToHelp.

Duke Energy Indiana

Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,300 megawatts of owned electric capacity to approximately 900,000 customers in a 23,000-square-mile service area, making it Indiana’s largest electric supplier.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. The company’s electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and nuclear.

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition

Contact: McKenzie Barbknecht 
Phone: 800.559.3853

View original content here.

Over the last five years, Duke Energy’s Share the Light Fund® has provided more than $3 million of assistance, which has helped support more than 10,000 Indiana households

PLAINFIELD, Ind., June 13, 2024 /3BL/ – Duke Energy Indiana customers who may be struggling to pay their energy bills can apply now for up to $300 in financial assistance. The company announced today it has dedicated an additional $100,000 through its Share the Light Fund to help individuals and families in need.

“As temperatures climb, these funds will help reduce the burden of energy expenses for those who need it most,” said Stan Pinegar, president of Duke Energy Indiana. “We want to remind customers who may be having trouble paying their utility expenses to contact us about options for managing their bills, including interest-free payment plans.”

Duke Energy works with the Indiana Community Action Association to distribute funds to qualifying customers to help pay energy bills, deposits and reconnection/connection charges. Individuals should contact their local community action agency to see if they are eligible. Click here to find a listing of service providers by county.

Over the last five years, Duke Energy, its employees and its customers have provided more than $3 million in bill assistance through the Share the Light Fund, which has helped support more than 10,000 Indiana households.

Duke Energy has more than a dozen energy assistance and bill-lowering tools, including:

Usage Alerts that send customers a notification of how much electricity they are using and its cost so they can make adjustments before their billing period ends 
 Free Home Energy House Calls, where energy professionals assess a home for efficiency and provide homeowners with a toolkit of energy saving devices 
 Budget Billing, which helps ease the impact of higher seasonal bills by leveling out monthly payments 
 Interest-free payment plans for customers needing flexibility

To learn more about these programs, visit duke-energy.com/HereToHelp.

Duke Energy Indiana

Duke Energy Indiana, a subsidiary of Duke Energy, provides about 6,300 megawatts of owned electric capacity to approximately 900,000 customers in a 23,000-square-mile service area, making it Indiana’s largest electric supplier.

Duke Energy

Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America’s largest energy holding companies. The company’s electric utilities serve 8.4 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 54,800 megawatts of energy capacity. Its natural gas utilities serve 1.7 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky.

Duke Energy is executing an ambitious clean energy transition, keeping reliability, affordability and accessibility at the forefront as the company works toward net-zero methane emissions from its natural gas business by 2030 and net-zero carbon emissions from electricity generation by 2050. The company is investing in major electric grid upgrades and cleaner generation, including expanded energy storage, renewables, natural gas and nuclear.

More information is available at duke-energy.com and the Duke Energy News Center. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook, and visit illumination for stories about the people and innovations powering our energy transition

Contact: McKenzie Barbknecht 
Phone: 800.559.3853

View original content here.

Over the last decade, Clorox has supported the nonprofit Equal Justice Works as it seeks to advance equal justice by promoting a lifelong commitment to public service in the legal community. One of the ways we’ve done that is by funding 12 EJW fellowships through The Clorox Company Foundation. It’s been an impactful and engaging partnership over the years with these fellows, who are recent law school graduates. Through our support, our EJW fellows are making a difference in our communities, and our Clorox teammates have the opportunity to engage with them on their very important work. Additionally, I’ve been able to contribute my time and support by serving on EJW’s board of counselors.

Building on the work of past fellows who have helped advance social justice in areas such as housing, the environment, employment and mental health access, we’re supporting two new fellows from EJW’s class of 2024. Jocelyn Gomez, co-sponsored with law firm Morgan Lewis & Bockius, will be a fellow at the Immigration Institute of the Bay Area, while Sam Lawrence, co-sponsored with law firm Wachtell, Lipton, Rosen & Katz, will be a fellow at The Just Sentencing Project at Duke Law’s Wilson Center.

Here’s some background on the projects they’ll begin in September, serving on the front lines of the battle for equal rights under the law in our Bay Area and Durham communities:

Immigrant human trafficking:

Jocelyn Gomez, a recent graduate of University of California, Berkeley School of Law, will focus on advocating for immigrant survivors of human trafficking in the Bay Area of Northern California. Her work will involve direct legal representation, community outreach and coalition building to help empower survivors.

Legal rights for incarcerated children: 

Sam Lawrence, a recent graduate of Duke University School of Law, will represent children incarcerated in North Carolina’s juvenile prisons by creating holistic re-entry plans for them and advocating for their timely release.

What inspired our fellows to do this work:

As a daughter of immigrant farmworkers — a community vulnerable to trafficking and abuse — Jocelyn is committed to helping combat the coercion and abuse targeted at immigrant populations. She is hopeful that this fellowship will empower survivors to safely pursue justice and support without the fear of being wrongly deported or detained by immigration officials.

“Working with the Immigration Institute of the Bay Area opened my eyes to the impact an accessible pathway to citizenship can make in the lives of immigrant survivors. I hope to support survivors in regaining their autonomy and seeking justice.” 

Jocelyn Gomez

Before law school, Sam worked at a holistic youth defenders office in New Orleans and as a therapist in North Carolina. The children and families he worked with, along with the lawyers and social workers who zealously advocated on their behalf, inspired him to become a lawyer for incarcerated children.

“As an educator, youth advocate and licensed clinical social worker, I have had the honor of getting to know hundreds of children who were court-involved. Their resilience, creativity, kindness and complexity inspire me to be a lifelong advocate for children.” 

Sam Lawrence

We’re looking forward to seeing all that Jocelyn and Sam will be able to accomplish in the next year. And we’re proud of the important work of our fellows, past and present, and the difference we’re making in our communities through our longstanding EJW partnership.

Over the last decade, Clorox has supported the nonprofit Equal Justice Works as it seeks to advance equal justice by promoting a lifelong commitment to public service in the legal community. One of the ways we’ve done that is by funding 12 EJW fellowships through The Clorox Company Foundation. It’s been an impactful and engaging partnership over the years with these fellows, who are recent law school graduates. Through our support, our EJW fellows are making a difference in our communities, and our Clorox teammates have the opportunity to engage with them on their very important work. Additionally, I’ve been able to contribute my time and support by serving on EJW’s board of counselors.

Building on the work of past fellows who have helped advance social justice in areas such as housing, the environment, employment and mental health access, we’re supporting two new fellows from EJW’s class of 2024. Jocelyn Gomez, co-sponsored with law firm Morgan Lewis & Bockius, will be a fellow at the Immigration Institute of the Bay Area, while Sam Lawrence, co-sponsored with law firm Wachtell, Lipton, Rosen & Katz, will be a fellow at The Just Sentencing Project at Duke Law’s Wilson Center.

Here’s some background on the projects they’ll begin in September, serving on the front lines of the battle for equal rights under the law in our Bay Area and Durham communities:

Immigrant human trafficking:

Jocelyn Gomez, a recent graduate of University of California, Berkeley School of Law, will focus on advocating for immigrant survivors of human trafficking in the Bay Area of Northern California. Her work will involve direct legal representation, community outreach and coalition building to help empower survivors.

Legal rights for incarcerated children: 

Sam Lawrence, a recent graduate of Duke University School of Law, will represent children incarcerated in North Carolina’s juvenile prisons by creating holistic re-entry plans for them and advocating for their timely release.

What inspired our fellows to do this work:

As a daughter of immigrant farmworkers — a community vulnerable to trafficking and abuse — Jocelyn is committed to helping combat the coercion and abuse targeted at immigrant populations. She is hopeful that this fellowship will empower survivors to safely pursue justice and support without the fear of being wrongly deported or detained by immigration officials.

“Working with the Immigration Institute of the Bay Area opened my eyes to the impact an accessible pathway to citizenship can make in the lives of immigrant survivors. I hope to support survivors in regaining their autonomy and seeking justice.” 

Jocelyn Gomez

Before law school, Sam worked at a holistic youth defenders office in New Orleans and as a therapist in North Carolina. The children and families he worked with, along with the lawyers and social workers who zealously advocated on their behalf, inspired him to become a lawyer for incarcerated children.

“As an educator, youth advocate and licensed clinical social worker, I have had the honor of getting to know hundreds of children who were court-involved. Their resilience, creativity, kindness and complexity inspire me to be a lifelong advocate for children.” 

Sam Lawrence

We’re looking forward to seeing all that Jocelyn and Sam will be able to accomplish in the next year. And we’re proud of the important work of our fellows, past and present, and the difference we’re making in our communities through our longstanding EJW partnership.

Cisco’s Purpose — to Power an Inclusive Future for All — extends beyond connecting people. It ensures that those connections are meaningful and secure – and it empowers every individual to participate in the fabric of their communities, including elections. In this “year of the global election,” Cisco’s integral role in enabling an informed and empowered society has never been more important.

With a historic number of elections this year—including the expansive multi-week process in India, the presidential elections in the U.S. and Mexico, and the collective voice of 27 nations participating in the European Parliament elections taking place June 6 to 9—our positive impact and that of technology on democratic processes is more pronounced than ever.

Time to Vote

And of course, that starts with us. At Cisco, we believe in the criticality of civic engagement and democratic processes. We are committed to fostering a culture that respects and encourages the active involvement of all employees in civic duties, including voting.

This year, for the first time, Cisco has teamed up with the European Parliament for their “Use Your Vote” campaign to encourage citizens to exercise their civic duty. Our partnership with the EU reflects who we as a company have always been. For example, Cisco offers employees paid time off to vote in elections. Our vision extends beyond the polling station as we think critically about and advocate for the policies that help us fulfill our purpose.

Ten Tech Policies to Power the Future

Cisco’s “Ten Tech Policies to Power the Future” is a call to action for policymakers, industry leaders, and communities to collaborate on using tech as a force for good, safeguarding our shared digital landscape, and fostering an environment where everyone can participate fully in our digital society. Covering everything from AI and cybersecurity, workforce and talent development, connectivity, trade, and sustainability — our brand-new microsite demonstrates the importance of each of these areas and a subset of our specific policy goals.

These interconnected policies contribute to a resilient, informed, and proactive world. While there is still work to do, we are committed to progress. Evidenced by our global IT skills-to-jobs Networking Academy program, connectivity initiatives, and the recent launch of Cisco Hypershield, we are as committed to promoting digital literacy as we are to global internet access and advancing the state of cybersecurity. Our work advances the goal that all individuals have the right tools and knowledge to make informed decisions and participate in the 21st-century digital economy.

Shared Responsibilities: Bolstering Election Security

As the worldwide technology leader that securely connects everything to make anything possible, we aim to provide safe platforms that enable society to function and flourish. In the context of elections, we enable the functionality of democratic systems across the globe—whether it’s securing critical infrastructure or providing connectivity that helps voters make informed decisions.

We all have a role to play in ensuring our elections are secure, safe, and free of mis/disinformation, and there are shared responsibilities to ensure the resilience of democratic processes and protect the integrity of our elections. This includes actions we as voters can take to keep ourselves protected — such as practicing good information hygiene. Separately, the public and private sectors must partner to invest in network resilience, facilitate information sharing, and synchronize efforts to address cyber challenges like election security.

Technology for Good

As we approach global democratic milestones, including the European Parliament elections in just a few days, let’s embrace the power of technology to foster a well-informed electorate and secure the foundation of our democratic institutions. After all, technology reflects our values, commitment to progress, and unwavering belief in the power of human potential.

And most importantly, let’s move forward with empathy and purpose—using technology to connect us and protect the integrity of every voice in our society. Together, we set the standard for a future where technology truly is a champion for the people and the democracies they build.

View original content here.

Cisco’s Purpose — to Power an Inclusive Future for All — extends beyond connecting people. It ensures that those connections are meaningful and secure – and it empowers every individual to participate in the fabric of their communities, including elections. In this “year of the global election,” Cisco’s integral role in enabling an informed and empowered society has never been more important.

With a historic number of elections this year—including the expansive multi-week process in India, the presidential elections in the U.S. and Mexico, and the collective voice of 27 nations participating in the European Parliament elections taking place June 6 to 9—our positive impact and that of technology on democratic processes is more pronounced than ever.

Time to Vote

And of course, that starts with us. At Cisco, we believe in the criticality of civic engagement and democratic processes. We are committed to fostering a culture that respects and encourages the active involvement of all employees in civic duties, including voting.

This year, for the first time, Cisco has teamed up with the European Parliament for their “Use Your Vote” campaign to encourage citizens to exercise their civic duty. Our partnership with the EU reflects who we as a company have always been. For example, Cisco offers employees paid time off to vote in elections. Our vision extends beyond the polling station as we think critically about and advocate for the policies that help us fulfill our purpose.

Ten Tech Policies to Power the Future

Cisco’s “Ten Tech Policies to Power the Future” is a call to action for policymakers, industry leaders, and communities to collaborate on using tech as a force for good, safeguarding our shared digital landscape, and fostering an environment where everyone can participate fully in our digital society. Covering everything from AI and cybersecurity, workforce and talent development, connectivity, trade, and sustainability — our brand-new microsite demonstrates the importance of each of these areas and a subset of our specific policy goals.

These interconnected policies contribute to a resilient, informed, and proactive world. While there is still work to do, we are committed to progress. Evidenced by our global IT skills-to-jobs Networking Academy program, connectivity initiatives, and the recent launch of Cisco Hypershield, we are as committed to promoting digital literacy as we are to global internet access and advancing the state of cybersecurity. Our work advances the goal that all individuals have the right tools and knowledge to make informed decisions and participate in the 21st-century digital economy.

Shared Responsibilities: Bolstering Election Security

As the worldwide technology leader that securely connects everything to make anything possible, we aim to provide safe platforms that enable society to function and flourish. In the context of elections, we enable the functionality of democratic systems across the globe—whether it’s securing critical infrastructure or providing connectivity that helps voters make informed decisions.

We all have a role to play in ensuring our elections are secure, safe, and free of mis/disinformation, and there are shared responsibilities to ensure the resilience of democratic processes and protect the integrity of our elections. This includes actions we as voters can take to keep ourselves protected — such as practicing good information hygiene. Separately, the public and private sectors must partner to invest in network resilience, facilitate information sharing, and synchronize efforts to address cyber challenges like election security.

Technology for Good

As we approach global democratic milestones, including the European Parliament elections in just a few days, let’s embrace the power of technology to foster a well-informed electorate and secure the foundation of our democratic institutions. After all, technology reflects our values, commitment to progress, and unwavering belief in the power of human potential.

And most importantly, let’s move forward with empathy and purpose—using technology to connect us and protect the integrity of every voice in our society. Together, we set the standard for a future where technology truly is a champion for the people and the democracies they build.

View original content here.

Global logistics is in the midst of a transformative shift, driven by the increasing demand for rapid and reliable supply chain solutions. DP World Logistics has embarked on a journey to expand its services with the launch of its international air freight forwarding service. This strategic move is set to redefine the capabilities of global trade support across Peru and beyond.

A Strategic Airborne Entry

Earlier this year, DP World Logistics proudly welcomed its first charter flight into Jorge Chávez Airport in Lima, Peru. This flight, originating from Miami and carrying cargo from Luxembourg, marked a significant milestone in our operations. The cargo, an impressive 200 cubic meters of machinery – equivalent to four 40-foot shipping containers – showcased the immense potential of air freight in modern logistics. This successful shipment underscores our unwavering commitment to handling significant cargo volumes with utmost efficiency, setting a precedent for our future operations. 

A Comprehensive Logistics Solution

With the introduction of air freight services, DP World Logistics now offers a comprehensive suite of logistics options, seamlessly complementing our existing maritime solutions. This all-encompassing approach allows for the integration of multimodal transport solutions, blending air, maritime, and other transportation methods. This integration is designed to maximize time and efficiencies for our esteemed global traders, offering them a one-stop solution for all their logistics needs.

Certified and Secure

DP World Logistics is expanding services while maintaining the highest operational excellence standards. Holding the international IATA certification, we meet rigorous criteria that authorize us to manage air cargo through all airlines associated with the International Air Transport Association. This certification ensures that DP World Logistics meets the best industry practices and safety standards. Our commitment to operational excellence and global connectivity is unwavering, providing our clients with the confidence and security they need in their logistics partner.

Enhancing Global Connectivity

DP World Logistics’s introduction of air freight forwarding is timely. According to the National Superintendence of Customs and Tax Administration (SUNAT), air transport in Peru mobilized significant volumes of exports and imports in 2023—73,000 and 78,000 tons, respectively. Air transport plays a critical role in Peru’s foreign trade, making DP World’s new service a timely enhancement to the national and global logistics landscape.

This service expansion positions DP World Logistics as a 360° logistics operator capable of managing various logistics challenges. With a network of offices in over 80 countries across multiple continents—America, Europe, Asia, Africa, and the Middle East—DP World Logistics is set to offer unmatched logistical advice and solutions, further facilitating international trade flows.

Looking Ahead

As DP World Logistics continues to expand its service offerings, the impact on global supply chains is expected to be profound. The ability to offer integrated, end-to-end logistics solutions streamlines operations and drives down costs and transit times for clients worldwide. This forward-thinking approach by DP World Logistics is poised to set new industry benchmarks, ensuring that it remains at the forefront of global logistics innovation.

To see our team in action, check out our video showcasing the journey and execution of this pivotal project. At DP World Logistics, we’re not just moving cargo; we’re setting new standards in the logistics sector, driving forward with innovative solutions that redefine what’s possible in freight forwarding.

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Global logistics is in the midst of a transformative shift, driven by the increasing demand for rapid and reliable supply chain solutions. DP World Logistics has embarked on a journey to expand its services with the launch of its international air freight forwarding service. This strategic move is set to redefine the capabilities of global trade support across Peru and beyond.

A Strategic Airborne Entry

Earlier this year, DP World Logistics proudly welcomed its first charter flight into Jorge Chávez Airport in Lima, Peru. This flight, originating from Miami and carrying cargo from Luxembourg, marked a significant milestone in our operations. The cargo, an impressive 200 cubic meters of machinery – equivalent to four 40-foot shipping containers – showcased the immense potential of air freight in modern logistics. This successful shipment underscores our unwavering commitment to handling significant cargo volumes with utmost efficiency, setting a precedent for our future operations. 

A Comprehensive Logistics Solution

With the introduction of air freight services, DP World Logistics now offers a comprehensive suite of logistics options, seamlessly complementing our existing maritime solutions. This all-encompassing approach allows for the integration of multimodal transport solutions, blending air, maritime, and other transportation methods. This integration is designed to maximize time and efficiencies for our esteemed global traders, offering them a one-stop solution for all their logistics needs.

Certified and Secure

DP World Logistics is expanding services while maintaining the highest operational excellence standards. Holding the international IATA certification, we meet rigorous criteria that authorize us to manage air cargo through all airlines associated with the International Air Transport Association. This certification ensures that DP World Logistics meets the best industry practices and safety standards. Our commitment to operational excellence and global connectivity is unwavering, providing our clients with the confidence and security they need in their logistics partner.

Enhancing Global Connectivity

DP World Logistics’s introduction of air freight forwarding is timely. According to the National Superintendence of Customs and Tax Administration (SUNAT), air transport in Peru mobilized significant volumes of exports and imports in 2023—73,000 and 78,000 tons, respectively. Air transport plays a critical role in Peru’s foreign trade, making DP World’s new service a timely enhancement to the national and global logistics landscape.

This service expansion positions DP World Logistics as a 360° logistics operator capable of managing various logistics challenges. With a network of offices in over 80 countries across multiple continents—America, Europe, Asia, Africa, and the Middle East—DP World Logistics is set to offer unmatched logistical advice and solutions, further facilitating international trade flows.

Looking Ahead

As DP World Logistics continues to expand its service offerings, the impact on global supply chains is expected to be profound. The ability to offer integrated, end-to-end logistics solutions streamlines operations and drives down costs and transit times for clients worldwide. This forward-thinking approach by DP World Logistics is poised to set new industry benchmarks, ensuring that it remains at the forefront of global logistics innovation.

To see our team in action, check out our video showcasing the journey and execution of this pivotal project. At DP World Logistics, we’re not just moving cargo; we’re setting new standards in the logistics sector, driving forward with innovative solutions that redefine what’s possible in freight forwarding.

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Schneider Electric, Lendlease, and Arup collaborate to explore sustainable, adaptable building services to boost commercial real estate returns.Study shows the potential to generate up to AU$1B in additional revenues and save over 1500 tons of CO2 over 30 years.

RUEIL-MALMAISON, France, June 13, 2024 /3BL/ – Office building owners and managers can save money and cut carbon emissions while adapting to modern, flexible work patterns; a new joint study has revealed.

Globally integrated real estate group Lendlease, global sustainable consultancy firm Arup, and Schneider Electric, the leader in the digital transformation of energy management and automation, detail innovative strategies to add commercial Real Estate Value (CRE) in a new white paper titled, “Get more from your core investments: How faster fit-outs can drive higher returns for commercial properties.” It shows how to balance flexible occupancy opportunities with addressing sustainability challenges.

The urgency of this initiative is clear. “As a recent McKinsey report points out, buildings account for almost 40% of global carbon emissions,” notes Estelle Monod, Global Buildings President at Schneider Electric. “This reality requires immediate action, especially as CRE companies navigate stringent environmental regulations, shifting tenant and investor expectations, and a volatile market landscape. We recognize these pressures and are committed to offering solutions that facilitate this transition.”

As key players in the CRE market, Lendlease, Arup, and Schneider Electric combine their expertise to propose practical solutions for the industry’s evolving demands. The study focuses on leveraging technological advancements to create adaptable building services that reduce waste and improve environmental performance.

Andy Hodgson, Global Advisory Services Leader at Arup, comments, “Trying to cut carbon while also tackling fluctuating office occupancy with post-COVID work patterns is a major challenge for the commercial office real estate market. But with a new approach to building construction, a flexible design can bring financial benefits alongside unlocking shorter and more flexible leasing arrangements.”

Traditional building design and construction methods often struggle to address sustainability and carbon accounting. In response, Schneider Electric, Lendlease, and Arup collaborated on a practical guide that illustrates how an adaptable approach can help strike a balance between flexible occupancy and reduced carbon emissions with a solution that enhances building adaptability and reduces material waste.

The white paper introduces a new method for designing and implementing integrated building services within commercial office space. This method was applied to one floor within a major office tower building in Sydney, Australia, and demonstrated tangible benefits.

Modeled scenarios for a single building show the potential to generate significant lifecycle cost reductions, additional revenues, and savings of more than 1,500 tons of carbon dioxide over 30 years. Andy Hodgson, Global Advisory Leader at Arup, highlighted the financial advantages: “Reducing costs (which can lead to higher rental value) and shorter vacancy periods were key considerations in the model. Interestingly, the current model doesn’t account for energy savings, yet the solution inherently provides this additional benefit.”

For landlords, the benefits extend beyond financial gains. Advanced apps and automation offer improved space utilization and increased tenant comfort. Tenants also gain insights into space usage and can adapt their environment for maximum efficiency and comfort.

Download the complete white paper here to explore this innovative project’s full findings and implications.

Related resources.

Get more from your core investments: How faster fit-outs can drive higher returns for commercial properties. A. Radja, T. Boorman, G. Ahuja, D. Zhu, R. Kempton, S. Van Dolah-Evans. May 2024. https://go.schneider-electric.com/WW_202406_Get-more-from-your-core-investments-how-faster-fit-outs-can-drive-higher-returns-for-commercial-properties_Arup-Lendlease_EA-LP.html 
 Climate Risk and the Opportunity for Real Estate. B. Boland, C. Levy, R. Palter, D. Stephens. February 2022. https://www.mckinsey.com/industries/real-estate/our-insights/climate-risk-and-the-opportunity-for-real-estate

Schneider Electric, Lendlease, and Arup collaborate to explore sustainable, adaptable building services to boost commercial real estate returns.Study shows the potential to generate up to AU$1B in additional revenues and save over 1500 tons of CO2 over 30 years.

RUEIL-MALMAISON, France, June 13, 2024 /3BL/ – Office building owners and managers can save money and cut carbon emissions while adapting to modern, flexible work patterns; a new joint study has revealed.

Globally integrated real estate group Lendlease, global sustainable consultancy firm Arup, and Schneider Electric, the leader in the digital transformation of energy management and automation, detail innovative strategies to add commercial Real Estate Value (CRE) in a new white paper titled, “Get more from your core investments: How faster fit-outs can drive higher returns for commercial properties.” It shows how to balance flexible occupancy opportunities with addressing sustainability challenges.

The urgency of this initiative is clear. “As a recent McKinsey report points out, buildings account for almost 40% of global carbon emissions,” notes Estelle Monod, Global Buildings President at Schneider Electric. “This reality requires immediate action, especially as CRE companies navigate stringent environmental regulations, shifting tenant and investor expectations, and a volatile market landscape. We recognize these pressures and are committed to offering solutions that facilitate this transition.”

As key players in the CRE market, Lendlease, Arup, and Schneider Electric combine their expertise to propose practical solutions for the industry’s evolving demands. The study focuses on leveraging technological advancements to create adaptable building services that reduce waste and improve environmental performance.

Andy Hodgson, Global Advisory Services Leader at Arup, comments, “Trying to cut carbon while also tackling fluctuating office occupancy with post-COVID work patterns is a major challenge for the commercial office real estate market. But with a new approach to building construction, a flexible design can bring financial benefits alongside unlocking shorter and more flexible leasing arrangements.”

Traditional building design and construction methods often struggle to address sustainability and carbon accounting. In response, Schneider Electric, Lendlease, and Arup collaborated on a practical guide that illustrates how an adaptable approach can help strike a balance between flexible occupancy and reduced carbon emissions with a solution that enhances building adaptability and reduces material waste.

The white paper introduces a new method for designing and implementing integrated building services within commercial office space. This method was applied to one floor within a major office tower building in Sydney, Australia, and demonstrated tangible benefits.

Modeled scenarios for a single building show the potential to generate significant lifecycle cost reductions, additional revenues, and savings of more than 1,500 tons of carbon dioxide over 30 years. Andy Hodgson, Global Advisory Leader at Arup, highlighted the financial advantages: “Reducing costs (which can lead to higher rental value) and shorter vacancy periods were key considerations in the model. Interestingly, the current model doesn’t account for energy savings, yet the solution inherently provides this additional benefit.”

For landlords, the benefits extend beyond financial gains. Advanced apps and automation offer improved space utilization and increased tenant comfort. Tenants also gain insights into space usage and can adapt their environment for maximum efficiency and comfort.

Download the complete white paper here to explore this innovative project’s full findings and implications.

Related resources.

Get more from your core investments: How faster fit-outs can drive higher returns for commercial properties. A. Radja, T. Boorman, G. Ahuja, D. Zhu, R. Kempton, S. Van Dolah-Evans. May 2024. https://go.schneider-electric.com/WW_202406_Get-more-from-your-core-investments-how-faster-fit-outs-can-drive-higher-returns-for-commercial-properties_Arup-Lendlease_EA-LP.html 
 Climate Risk and the Opportunity for Real Estate. B. Boland, C. Levy, R. Palter, D. Stephens. February 2022. https://www.mckinsey.com/industries/real-estate/our-insights/climate-risk-and-the-opportunity-for-real-estate