Authored by Paulina Torres and Jeremy Kelly, JLL | September 2024

This report presents a business case for decarbonization in real estate, outlining three key actions: energy efficiency, electrification, and clean energy procurement. Case studies show that light-to-medium retrofits can yield 10–40% energy savings, while electric heat pumps are up to 4.5x more efficient than gas boilers. The report emphasizes that clean energy strategies—including onsite renewables and power purchase agreements—offer both economic and environmental returns.

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