JANUARY 2025CONSTRUCTIONBUSINESSREVIEW.COM8IN MYOPINIONPeter Killeen is currently an Energy and Sustainability manager at JLL working with a large financial institution. As part of the Sustainable Operations team, he works to identify performance optimization opportunities promoting energy efficiency, water conservation, waste reduction, and decarbonization. With a focus on client strategies and goals, Peter develops methods for standardizing sustainability programs and initiatives across the entire client portfolio.JLL is a proven sustainability partner to help companies decarbonize their real estate effectively and efficiently. Leading from the front, JLL is showing what's possible through decarbonization progress on their own real estate, including being the first real estate company in the world with a validated net-zero target aligned with climate science. In an era where environmental concerns are at the forefront of global discourse, the real estate industry stands as a pivotal player in the quest for sustainability, resiliency, and decarbonization. The real estate industry accounts for 40% of global carbon emissions, and according to JLL, 80% of office buildings which exist today will still be in-use in 2050. This building stock is aging out and will be unable to comply with future energy efficiency standards.The goal is to deliver environmental benefits alongside financial and social in what can be referred to as a "Total Return on Sustainability." In an effort for organizations to decarbonize, the two core areas of focus are: how to become more efficient and understanding where power is sourced.Traditional construction methods have long been associated with significant carbon emissions, resource depletion, and waste generation; however, the emergence of green technology offers a promising alternative to construction and redefining existing buildings. Sustainable materials such as recycled steel, reclaimed wood, eco-friendly concrete reduce the carbon footprint By Peter Killeen, Energy & Sustainability Manager, JLLREAL ESTATES ROLE IN DECARBONIZATION:A SYSTEM APPROACHPeter Killeen
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