ESG Explainer: GHG Accounting Fundamentals
Climate change is real and greenhouse gases (GHGs) are the root cause. To address climate change, we need to understand and manage our GHG emissions. Buildings are the source of approximately a third of GHG emissions globally, and consequently there is growing investor, regulatory, and competitive pressure for the real estate industry to account for, and to dramatically reduce these emissions. This Explainer provides an overview of GHG accounting for commercial real estate entities.