Tag: ESG

Facilities Management Trends Shaping the Market

Globally, commercial buildings are experiencing a number of dynamic challenges. Following the impact of the COVID pandemic, tenant needs and behaviors have drastically changed. The cost of property has grown as interest rates continue to escalate in an ongoing effort to curb inflation. At the same time, the energy crisis has raised operating costs and […]

Extreme Weather Events Likely to Accelerate Corporate Sustainability

More than six in 10 organizations globally (62%) say recent wildfires, floods, and storms during 2023 will have a material impact on their environmental initiatives, according to the fifth edition of Honeywell’s Environmental Sustainability Index (ESI.) Another 45% admit the extreme heat will have or has already had a material effect on their near-term plans. Compiled […]

U.S. Green Building Council’s HQ Achieves Triple Platinum Certification

Triple-platinum status isn’t just for rock stars and rappers anymore! The U.S. Green Building Council (USGBC) announced that its headquarters in Washington, D.C., has been awarded a prestigious triple Platinum certification in LEED, TRUE, and WELL. This trio of certifications reflects USGBC’s commitment to healthy, productive, sustainable, and responsible work environments. The new headquarters, which also houses Green Business Certification […]

Tech Execs Shift Focus to Enlist Buildings in Tackling Climate Change

Editor’s note: FM Perspectives are industry op-eds. The views expressed are the authors’ and do not necessarily reflect those of Facilities Management Advisor. Many former technology executives, including the authors of this article, have left tech companies like Microsoft and Google to helm legacy industries ripe for modernization, including the buildings industry. The digital and […]

Top Trends Facilities Managers Need to Consider When Hiring in 2024

As buildings become more modern and complex, a facilities manager’s responsibilities and hiring needs continue to change rapidly. Already, smart buildings are a big talking point within the industry, with research estimating that the market will grow to $408.21 billion in 2030, up from $96.96 billion in 2023. The rise in smart buildings, among other […]

An Actionable Plan to Achieve Net Zero

How do we achieve net zero? This is a key question that facilities managers and other stakeholders are increasingly being required to ask themselves. The world is evolving, and a central piece in this evolution is the shift toward net-zero carbon emissions. This is a marked shift from 10 years ago, when the focus was […]

4 Values to Look for When Working with Green Construction Companies

Sustainable construction practices are becoming increasingly important as we work to combat climate change and build healthier spaces to live and work in. “Green construction” refers to the use of processes and materials that are environmentally responsible and resource efficient throughout the life cycle of a building project. As green building continues to grow in […]

Under Construction: Top Facility Projects of July 2023

Facilities Management Advisor’s “Under Construction” series highlights some of the latest, most interesting facility project announcements every month. Maritime Learning Lab While many viewers were diving into the JAWSome content of Shark Week on TV, the South Carolina Aquarium was breaking ground on a new education facility at the Charleston Maritime Center. Situated along the waterfront […]

A Sustainable Approach to School Infrastructure Upgrades

In late 2022, the U.S. Department of Energy (DOE) launched the Renew America’s Schools federal grant program, enacted to set aside $500 million for energy-efficient lighting, HVAC systems, building insulation, and renewable energy sources for K-12 schools in need. The goal is for these major investments to lead to healthier learning environments and lower energy […]

Energy Efficiency ‘More Critical Than Ever’ as Power Grid Decarbonizes

As power generation shifts to clean energy, using electricity more efficiently will be critical for reducing costs, averting blackouts, and cutting pollution, according to a new report from the American Council for an Energy-Efficient Economy (ACEEE). The group evaluated five U.S. grid regions (California, Texas, the Pacific Northwest, the Southeast, and the Midwest) and found that […]