Sustainable RE Investment Groups
Does anyone know of any decent-sized investors or operators/developers with a real focus on sustainable investment and development? I’m talking about real double bottom line focus, not just doing LEED to check a box for posterity. Things like advancing green construction techniques like using CLT, trying to get to carbon neutral or better, etc. RE is a major contributor to carbon emissions. Would be great to be able to marry the investing work I enjoy with a real mission, not just the almighty dollar.
Look out west. In markets when a large amount of people care about it, groups like https://vulcanrealestate.com/</a">Vulcan will focus on it because the economic incentive is aligned with the environmental incentive.
Also look into smaller creative office developers and/or corporate headquarter developers. Often times it makes a lot more sense to focus on getting closer to net zero when you own the building or there's a single tenant.
Finally, some of it is just a matter of scale. Hines is going all in on their heavy timber construction. That's definitely a greener way to build, albeit not carbon neutral.
My advice would be to not try to be an absolutist. By all means find a firm that cares about what you care about, but sometimes them caring at all is enough, even if they don't care about it as much as you do.