When BlackRock CEO Larry Fink called climate change an "existential crisis" in an open letter to CEOs at the beginning of the year, it was clear that the investment industry was taking a serious approach to energy efficiency.
In the last 12 months, there has been a spotlight on environmental, social and governance, also known as ESG, but it isn't only investment capital that is prioritizing sustainability. Apartment renters are showing a clear preference for environmentally responsible housing. It is a combination that has not only incentivized but pushed owners and developers to reduce energy consumption.
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