John Turner, CEO of XBRL International, and Wes Bricker, vice chair and trust solutions co-leader at PwC US, join Workiva’s Andie Wood to explore the impact of digitization on ESG reporting. Discover how XBRL taxonomies make it easier to share and analyze data and their role in corporate sustainability.

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CBRE

Overview

The European Union (EU) has set a strategic agenda to tackle climate change. To improve the energy performance of buildings, the EU has established a legislative framework that includes the Energy Performance of Buildings Directive and the Energy Efficiency Directive. These aim to help achieve an energy efficient and decarbonised building stock by 2050, supported by the gradual introduction of Minimum Energy Performance Standards (MEPS).

CBRE has conducted an analysis to understand how energy efficiency upgrades in multifamily housing (MFH) can impact the market value of an asset.

Key findings

Although asset-stranding is not a new phenomenon in the real estate industry, the scale of stranding emanating from MEPS-related transition risk could be quite substantial.In the case of buildings used as collateral, the transition risk related to MEPS could have serious implications for the financial industry. With financial institutions implementing strategy to reduce their financed portfolio’s carbon footprint, they will become increasingly selective when agreeing refinancing for assets that need upgrading.Compression of cap rates for the best performing stock will increasingly become visible across the region. This is already recognised in several European countries, including The Netherlands and Germany.The ability to demonstrate that energy efficiency is capitalised into rents is the first important step for property owners and investors to have a financial incentive for upgrading their assets.The results of our analysis confirmed that energy efficiency features, as measured by the EPC rating, have an impact on MFH rental levels. However, the rental price differences and associated benefits need to be compared with the costs of energy retrofits, as the premium needs to be high enough to compensate for the retrofit.Our analysis in the Danish market has shown that it is difficult to build a business case around moving a MFH asset’s energy profile from EPC B to EPC A. On the other hand, moving a building from EPC C to EPC B results in 9% asset value uplift.56% Of European residential stock has an EPC rating lower than D9% Asset value increase when upgrading a building from EPC rating of C to B

Get in touch with our team for the complete report and discover how you can enhance the value of your assets with energy efficiency initiatives.

As part of a recurring series, Cascale details the involvement and vision of its Board members. In the latest blog post, Krishna Manda, Vice President, Corporate Sustainability at Lenzing Group, shares his perspective on the importance of advocates for an ecosystem of change and the need for bridging innovation with funding. You can read more in his blog post titled, Board Interview: Krishna Manda on Building an Ecosystem for Transformation with Equal Partnership, Co-creation, and Innovation.

As part of a recurring series, Cascale details the involvement and vision of its Board members. In the latest blog post, Krishna Manda, Vice President, Corporate Sustainability at Lenzing Group, shares his perspective on the importance of advocates for an ecosystem of change and the need for bridging innovation with funding. You can read more in his blog post titled, Board Interview: Krishna Manda on Building an Ecosystem for Transformation with Equal Partnership, Co-creation, and Innovation.

ATLANTA, May 3, 2024 /3BL/ – The 2024 E+E Leader Solutions Summit, a premier event focusing on environmental and energy sustainability, is set to take place virtually on June 4-5. Hosted by Environment+Energy Leader, this dynamic summit brings together global leaders, innovators, and enthusiasts to explore sustainable solutions for pressing environmental challenges.

Event Highlights:

Expert Insights: Gain valuable insights from industry leaders and experts through keynote speeches, panel discussions, and interactive sessions covering renewable energy, sustainable infrastructure, climate resilience, and more.Innovative Showcase: Explore cutting-edge technologies, products, and services driving sustainable development in our innovative solutions showcase.Networking Opportunities: Connect with professionals, forge partnerships, and exchange ideas during dedicated networking sessions.

Highlighted Sessions:

Tuesday, June 4, 2024:10:00 A.M. – 11:00 A.M. ETTitle: Everything Everywhere All at Once: The Future of Air Force Installation EnergySpeaker: Paul Garcia11:15 A.M. – 11:45 A.M. ETTitle: Breaking Down “Climate Risk” Disclosure Requirements of the SEC Final RuleSpeaker: David Staples1:30 P.M. – 2:30 P.M. ETTitle: Shaping the Future: The shift to real-time, connected, and insightful environmental data.Speaker: Panel Discussion

Environmental Impact of Virtual Events:

A study from the University of Michigan quantifies the CO2 emissions from virtual conferences and suggests that while virtual events have environmental costs, they represent a drastic reduction in carbon emissions. Virtual events significantly lower their environmental footprint by eliminating the need for travel, accommodation, and physical infrastructure, contributing to a more sustainable future.

“We are excited to host the 2024 E+E Leader Solutions Summit virtually, providing a platform for global collaboration and innovation in sustainability,” said Jessica Hunt, Co-Owner at E+E Leader. “Through this eco-friendly approach, we aim to inspire positive environmental action while minimizing our carbon footprint.”

Event Details:

Date: June 4-5, 2024Location: Virtual EventRegistration: Now open

For more information and to register for the summit, please visit #EESummit24 or contact Sarah Washington at sarah.washington@environmentenergyleader.com.

Interested in Remaining Sponsorship Opportunities? Contact admin@environmentenergyleader.com

About Environment+Energy Leader: E+E Leader is deeply committed to advancing the dialogue and practices around sustainability and ethical business operations. We provide extensive resources—including thought leadership pieces, practical case studies, and actionable insights—to empower business executives to enhance their impact within their respective organizations and the wider community.

Our offerings spotlight the latest in news, virtual events, and expert analyses. Our annual E+E Leader Awards Program also celebrates exceptional projects and products that exemplify commitment to environmental stewardship and profitable energy management initiatives. We aim to bridge the gap between environmental responsibility and business success, inspiring companies worldwide to embody the change they wish to see.

CASE Construction Equipment, a CNH brand, highlights the inspiring story of a construction professional who is always in pursuit of improving her skills in the sector.

Historically, women in construction have faced major challenges, including gender discrimination and lack of equal opportunities. However, they have persevered and made significant strides in the fight for equality in the industry.

In a story where passion and attitude are essential pillars, CASE presents the story of Lina Marcela Gonzalez Vásquez, Commercial Coordinator of the dealer Partequipos, the official distributor for CASE in Colombia. “The word that best defines what work means to me is “fulfillment”, says Lina, “Every day, having the opportunity to contribute, grow professionally, and achieve goals within my field of work gives me a sense of satisfaction and personal accomplishment that I find invaluable.”

In her day-to-day work, Lina plays a fundamental role, supporting and sustaining the commercial process to promote the development of each sales opportunity, providing accompaniment to both commercial advisors and others involved. In addition, she oversees the negotiation processes with international suppliers, always maintaining a results-oriented approach, with a high level of productivity and quality in her work.

Women play a prominent role throughout the sector’s value chain, which has increased in recent years. “Personally, I am optimistic about the growing presence of women in a male-dominated sector like mine. Participation not only fosters gender equality, but also enriches our work environment with a variety of perspectives and skills.”

12 years of hard work later, Lina still finds herself in a position to learn more about her field every day. “My journey in the heavy machinery field has taught me the importance of adaptability, effective communication, and continuous learning. I have learned to face challenges with flexibility and determination, to value customer satisfaction, and to constantly look for opportunities to improve my skills. These learnings have been fundamental for my personal and professional growth in the field,” said Lina.

Since 2016, Partequipos has been an official CASE distributor in the Latin American country. Currently, it has points of sale in seven of the main cities of the country, providing coverage and assistance at a national level, ensuring a comprehensive and effective service throughout the territory.

From strategic locations, the distributor offers the wide portfolio of the brand’s construction line, highlighting skid steer loaders, backhoe loaders, motor graders, excavators, among others, equipment that plays a fundamental role in the growth and development of the country.

Sharing Lina’s story is a demonstration of CNH’s commitment to integrating diverse experiences and perspectives into the work of its brands and dealers. The company continuously supports women in Ag and Construction to continue Breaking New Ground.

Rockwell Automation (NYSE: ROK) has signed a memorandum of understanding with Mahindra University, one of the premier educational institutions in India, to develop a collaborative framework to create, implement, and promote a comprehensive ‘Climate Solutions’ course. The goal is to equip students with skills and knowledge in sustainability best practices. The course will launch in August 2024.

The collaboration’s comprehensive curriculum will include fundamental sustainability concepts, methodologies, and real-world applications. In addition, the partnership can establish a climate solutions laboratory that will offer students invaluable hands-on experience with advanced technologies. Outside of academia, joint research efforts will delve into pressing sustainability issues, fostering innovation and effective solutions.

“It is imperative that the future workforce keeps sustainability at the helm of everything they do,” said Anirban Ghosh, Head, Centre for Sustainability, Mahindra University. “Our partnership with Rockwell reinforces our commitment to advancing sustainability education and is an important step towards equipping the next generation of leaders with the expertise and technical skills to address some of the greatest challenges facing our planet.”

Learn more about Rockwell’s commitment to preparing a new generation of leaders.

BETHESDA, Md., May 2, 2024 /3BL/ – WHC (Wildlife Habitat Council) is seeking nominations for its newly created WHC Executive Advisory Committee (EAC). Members of the EAC will shape the future of WHC Conservation Certification®, the world’s only voluntary sustainability standard for broad-based biodiversity enhancement and conservation education activities on corporate landholdings.

As the pace of change at the nexus of biodiversity and business continues rapidly, WHC is taking steps to ensure the Certification standard remains a hallmark for quality habitat for wildlife, conservation education and community outreach initiatives. The EAC will provide direction, governance and oversight to ensure WHC Certification operates cohesively toward its intended goals. In addition to contributing to the advancement of WHC Certification, the EAC will also offer technical expertise, evaluate proposed changes to the current Certification system and ensure that changes are consistent with global business standards and contemporary conservation objectives.

WHC is seeking a group of esteemed experts from diverse backgrounds to be appointed to the Committee. Potential EAC members should have extensive experience with business and biodiversity initiatives; nature-based NGOs; ESG rating organizations; academics engaged in conservation science; or representatives from the private, public and financial sectors.

Members will be expected to participate in the deliberations of the EAC and establish policies and procedures for efficient operation of the EAC. All engagement is voluntary, and the expected hourly involvement per year will be determined at the first meetings of the EAC.

Nominations are open until June 30, 2024, with the first online meeting to be held in September. Learn more about the expectations and submit a nomination here.

About WHC:

WHC (Wildlife Habitat Council) has been working at the nexus of business and biodiversity for 35 years and is the only international NGO focused exclusively on enabling private sector action for nature. WHC builds strategies and frameworks for companies to integrate nature with climate, equity and engagement to support sustainable ecosystems and healthy communities. WHC’s corporate members represent some of the leading national and multinational corporations. WHC-certified programs can be found in 19 countries and 48 U.S. states. Learn more at www.wildlifehc.org.

We welcome the publication of this analysis and congratulate the ISSB and EFRAG for reaching this important milestone.

Companies should take confidence that the ISSB and EFRAG have agreed on common areas of their climate-related disclosures and highlighted significant alignment. Having an agreed list of areas of difference to watch out for allows companies applying both to move forwards confidently with gathering data and preparing disclosures. There can be significant synergies.

The analysis is critical towards the goal of interoperability – which is what is needed to make dual-compliance disclosure manageable for companies. With this jointly approved analysis from the ISSB and EFRAG, it is now incumbent on all of us – not just the standard setters – to interpret the standards during implementation such that we realise the goal of maximum interoperability in practice. 

For more information, visit this article.

Verizon

In the heart of Washington, D.C., Howard University is redefining STEM education by embedding within it elements that reach far beyond the conventional realms of science, technology, engineering, and math. The Historically Black College and University (HBCU) has woven Black history and culture, meditation, yoga and African dance into the curriculum of its Verizon Innovative Learning STEM Achievers program.

Since Howard’s program launched in 2018, it has provided an environment for students in under-resourced communities to explore STEM subjects, learn problem-solving skills and gain exposure to career opportunities in technology. The program is housed in the university’s education department, as opposed to the math, science, or engineering departments, to offer a holistic approach to personal development. “I think our emphasis on children connecting STEM to a broader purpose makes us unique,” says Dr. Kofi LeNiles, a college professor and the program’s director. “We’re not just teaching STEM; we’re creating an experience.”

This unique approach is making an impact on the middle schoolers who participate each summer, allowing them to gain a broader, more holistic understanding of STEM and how they can use it to learn and solve problems. “I thought being an engineer was just a dream, but the program made me realize that I can do it,” says Nathan Pierre, 12, a seventh grader who participated in sports, 3D printing, and dance, alongside engineering classes, in the program last summer. “If I could go back to the program, I would. It was a lot of fun doing STEM and dance.”

The incorporation of dance and movement into STEM learning is one of the program’s unique elements. Nakima Smith, known as “Mama Nakima” to her students, is the movement instructor, as well as a teacher and professional dancer. STEM is the “blueprint” Smith refers to when instructing the African dance and movement class, she says.

“STEM uses the design thinking process, which requires scholars to empathize, define, ideate, create a prototype, test it out, and make any necessary revisions after the test run,” she explains. Her students complete the design thinking process as they move to the complicated rhythms of West African drumming. “As the program progresses, students become better adept at visualizing what the movements look like,” Smith says. “They work in a collective manner, gain insight into challenges and limitations of others in order to be solution-oriented, as well as test out and make revisions to movements as part of their learning process.”

The summer program also dives deep into the untold stories of people of color who are or were STEM innovators. “Learning about inventors who share their backgrounds can make the students feel like they belong in STEM,” says Taufiq Hassan, instructor of a class called Black and Brown Innovators. “I want them to be self-reliant in their thinking and have confidence in themselves.”

Dr. LeNiles agrees. “We try to make sure the children understand history and how Black and Brown groups and cultures have used technology over time, so they don’t feel like STEM is something that is detached from them, but that it has direct ties to their identity and solving problems within their community,” he says.

Through group sharing and self-reflection, the program also aims to shape students into leaders. According to Dr. LeNiles, the middle schoolers finish the program with more confidence and self-awareness, and the program’s mentors — college students who assist the instructors and help guide the students — experience this change as well. These mentors also provide another way for the students to “see themselves,” as they all come from various majors and backgrounds.

Marcus Fields, a sophomore studying human development at Howard, was a mentor in the program. He focused on empowering his students, making sure they felt included and confident. In turn, he found his own confidence increase, he says.

“After this mentoring opportunity, I realized the impact I could have on building a relationship between students and their education and how teachers build the foundation for how kids learn,” Fields says. “The Verizon Innovative Learning program really widened my perspective on education and teaching.”

For Nathan Pierre, who participated in the program last summer, the Verizon Innovative Learning program opened his eyes to a variety of opportunities, even as a middle schooler. “Every day, Nathan would come home very enthusiastic about the program,” says his mom, Regine Pierre. “It inspired so many things for Nathan. Now we’re thinking about getting a 3D printer of our own.”

By dancing to the rhythm of innovation, celebrating the heroes of the past and paving the way for a bright future, the Verizon Innovative Learning STEM Achievers program is ensuring students gain the skills they need to succeed in the digital economy. Dr. LeNiles says, “When you trace STEM back and you trace your legacy back, you realize that STEM starts with you.”

“We’re not just teaching STEM; we’re creating an experience.”

– Dr. Kofi LeNiles

 

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