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Investors increasingly are demanding a sustainability element in real estate projects before committing capital

EBI on Achieving Sustainability: It All Starts with Benchmarking (VIDEO)

In the second of three video interviews moderated by Connect CRE founder and CEO Daniel Ceniceros, EBI Consulting’s Mike Eardley and Will Duggan take viewers through the process of bringing a commercial property, and its owner, along the road to achieving sustainability. The beginning of that process is benchmarking. 

“With any goal, you benchmark where you are currently,” says Eardley, director of energy and sustainability at Burlington, MA-based EBI. “You do some sort of study about ‘how can I improve things,’ and then you actually make those improvements.”  

Erdley’s job is energy benchmarking, and he provides a breakdown of what that actually entails and what the implications are for property owners in terms of next steps. Then comes an energy audit, and finally determining what needs to be done to “tune up” the building. 

For ESG program manager Duggan, it’s about working with both Eardley and his team as well as with building owners to understand their management processes. EBI works with GRESB, the Netherlands-based standards organization, to help fund managers show that “they’re taking ESG seriously, and improving” by reporting to GRESB annually.  

In the video below, you’ll also hear the EBI experts on how ESG has come to prominence so rapidly, and what advice they would give to clients starting out on the ESG process. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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