(E08) Zero Carbon Transitions in Real Estate: From Portfolio Planning to Execution at Individual Assets

QuadReal Property Group and Kingsett Capital are leaders on the journey to zero carbon real estate. A key element of that journey is the transition of existing assets off fossil fuel use. In this session we will present their work building towards this outcome. Topics will include: 1. Defining a Zero Carbon Transition Process – The presenters collaborated to define a process for optimizing the transition of entire portfolios in support of corporate carbon reduction targets. The process includes capital planning, asset inventory, asset transition plan, project delivery and asset/portfolio performance tracking. In the presentation we will walk through the value of each step and how they combine to deliver an optimal outcome. 2. Integrating the Zero Carbon Transition Process into a Digital Energy Management Platform – The Carbon Management Process was integrated into the Energy Management Platforms used by QuadReal and Kingsett. We will illustrate how the tool is structure to support decision making and reporting at the asset, fund and portfolio scale. 3. Case Studies of Zero Carbon Transitions/Retrofits – We will present case studies of zero carbon transition plans developed using the above process, that are currently being implemented. These include the deep retrofit of: a 400 unit multi-unit residential building, a 2M sf commercial office complex and a 650,000sf industrial/distribution warehouse.