SPECIAL REPORT: Real Estate’s Efforts To Cut Carbon Emissions ‘May As Well Be Doing Nothing’ The carbon reduction targets put in place by the world’s biggest property owners and managers don’t include almost 90% of the emissions they create, an investigation by Bisnow has found. The vast majority of the world’s 75 largest institutional investors, REITs and investment managers neither track the emissions created by the tenants of their buildings nor the carbon created during the development of buildings. Even among the companies that have set targets to decarbonize their portfolios, less than a quarter count these emissions, which are referred to as Scope 3, as part of their stated campaign to reach net-zero. Read the full story here. |