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Shraeya Madhu

Shraeya Madhu is a manager at the ULI Lewis Center for Sustainability in Real Estate team and leads Decarbonization thought leadership, focusing on ULI’s Net Zero Mission Priority “journey to zero” and workstreams around the real estate value chain for tenants, utilities, and embodied carbon.

ULI’s Randall Lewis Center for Sustainability in Real Estate held roundtable discussions with members of the ULI Americas Sustainable Development Council, the ULI Asia Pacific Net Zero Council, and the ULI Europe Sustainability Council to inform an outlook for 2025. During the discussions, members addressed sustainability topics and issues that are on the rise, why they matter, and what actions the industry should pursue in the future. Based on expert knowledge shared by those who attended, ULI identified five issues that will shape real estate decision-making in the coming months.
As the real estate industry accelerates its net zero journey, reducing embodied carbon has become a critical focus. Embodied carbon represents the carbon emissions tied to material extraction, production, transportation, disposal, and building construction. These emissions account for 11 percent of global annual carbon emissions and up to 50 percent of a building’s total emissions over its lifetime.
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