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.

Affordable housing investor Avanath Capital Management is not new to ESG. The firm has had an internal platform since its inception. “We are always looking for ways to optimize energy use and incorporate sustainable strategies throughout our portfolio,” says John Williams, president and CIO, Avanath Capital Management. “Our goal is to lessen our carbon footprint and environmental impact through proven strategies that we believe will accrete value to our investors. Our goal is to also deliver robust reporting on progress and set benchmarks for others in the industry to follow.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


GlobeSt. Multifamily Fall 2023Event

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.