Demonstrate leadership to support the transition towards net zero carbon buildings
To demonstrate leadership through core business activities and non-regulatory incentives and programs which will be a catalyst for further action within their respective supply chains. Through initiatives such as voluntary programs (eg community greening), incentives (eg energy efficiency rebates/retrofit financing) or contractual agreements (eg green leases etc), each stream has the potential to facilitate more momentum towards achieving the target of carbon neutrality by 2050.
Owners/Tenants: Demonstrate leadership through core business activities, to facilitate the wider uptake of net zero carbon buildings through supply chain
Developers: Enable and encourage all sold and leased assets to operate at net zero carbon
Sold and leased assets (for developers only)
For developers, the intent is to pass on to the prospective tenant or owner of the developed assets the importance, opportunities and information needed to operate the asset at net zero carbon. This is intended to help drive uptake and momentum of the Commitment or equivalent decarbonization action. Once the asset(s) have been sold or leased, the onus and responsibility no longer resides with the developer.
Excluded assets and no direct control
For the assets that have been excluded, or where there is no direct control, it is expected that the entity will be advocating to the main controlling entity or entities the benefits and necessity of operating at net zero carbon. The expectation is that they are supplied with sufficient supporting information and materials to be able to effectively evaluate the benefits and give direction on a way forward if they so choose.
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