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Marta Schantz

Marta Schantz is the co–executive director of the Randall Lewis Center for Sustainability in Real Estate at ULI, which leads the global real estate industry in creating buildings and places where people and the environment thrive.

Industry pressures abound to decarbonize existing buildings, and some geographies and asset classes make it more challenging than others. This is particularly the case for tall buildings in cold climates keen on decarbonizing their heating system as part of a larger retrofit plan. What technologies are best for the retrofit? How do owners make the projects pencil out financially? Has anyone done these projects before, or do owners face first-mover risks?
How do construction projects measure and report carbon emissions? Across the industry, organizations are being tasked with carbon accounting, whether for corporate sustainability goals or for regulatory reporting requirements. Unfortunately, there isn’t a consistent industry-wide method to measure or report it.
ULI has earned a 2023 ENERGY STAR® Partner of the Year Award from the U.S. Environmental Protection Agency for the fourth consecutive year. The award recognizes ENERGY STAR® partner businesses and organizations in good standing that demonstrate superior leadership, innovation, and commitment to environmental protection through energy efficiency.
The real estate industry’s momentum on climate action only continues to grow as the new year begins, as described in the newly released ULI Global Sustainability Outlook 2023report.
Tenants directly account for over 50 percent of building energy usage (and thus, a significant portion of building carbon emissions), but owners are often held responsible for whole building energy consumption. How can owners address the tenant’s portion of this? Enter two impactful solutions: green leases and sustainable tenant fitouts.  
When ULI Greenprint set a goal of net zero carbon by 2050 for its collective membership, it was clear that to meet that goal, a real estate portfolio would need to employ a combination of technologies and innovations. Two Greenprint members have already met the net-zero-carbon goal—Hudson Pacific Properties, a real estate investment trust (REIT) with office and studio properties, and Kilroy Realty Corporation, a West Coast REIT with office and life science space.
As part of the first Net Zero Buildings Week this week, ULI, the New Buildings Institute (NBI), and other organizations focused on improving the built environment are calling on partners and members to share their thought leadership on net zero.
The ULI Sustainability Outlook 2021, a new report from the ULI Greenprint Center for Building Performance, highlights the commercial real estate industry’s increasingly focused view of environmental, social, and governance strategies in 2021.
The appetite for environmental, social, and governance (ESG) investing continues to soar, with record inflows amid the pandemic. “Green bonds” in particular have risen in popularity dramatically over the decade, from what ULI considered an emerging trend a few years ago to a mainstream investment opportunity in 2020.
Volume 11 of the Greenprint Performance Report™ measures and tracks the performance of 10,190 properties owned by Greenprint members. It finds that over the past year, carbon emissions have dropped by more than 3 percent, energy consumption by almost 3 percent, and water consumption by more than 3 percent. In 2019, Greenprint members invested over US$50.1 million on sustainability projects ranging from tenant engagement to building envelope upgrades and recommissioning, totaling more than 6,000 individual projects.
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