Occupiers Demand Real ESG Performance, Not Just Green Labels
What Happened
According to Grant Thornton, office occupiers are increasingly looking beyond green building certifications and demanding verifiable performance data on energy efficiency, emissions, and operational sustainability. Companies are also showing greater preference for retrofit-ready buildings that can adapt to evolving ESG requirements and workplace needs, rather than relying solely on a property's green credentials.
Key Takeaways
The commercial real estate market is shifting from a focus on sustainability labels to measurable outcomes. Landlords may need to provide transparent performance metrics and invest in upgrades to remain attractive to tenants.