Well – January is creeping along. But the days are getting longer and much to look forward to.
Environmental, Social and Governance performance seems to be, literally, gaining currency as a way of measuring value. According to Bloomberg’s Adeline Diab and Gina Martin Adams in this article, ‘Global ESG assets are on track to exceed $53 trillion by 2025, representing more than a third of the $140.5 trillion in projected total assets under management’.
ESG may just hold the key to shifting the way we procure buildings (and light!) from a commodity-driven cost per square meter to consider broader environmental, social and governance opportunities – from reduced energy consumption to more productive employees and better risk and asset management. The International WELL Building Institute certainly thinks so – and is, very successfully making a compelling business case for adopting their standard, even though the process adds considerable cost.
Which proves that clients are willing to spend more when they see the value. Here is a report from the Supply Chain Sustainability School and a Webinar from the WELL that you might find interesting.
Human and Social Capital in your ESG Strategy. Learn how WELL can steer your organization’s sustainability roadmap and human and social capital performance in ESG.
And here is a recent article that explores the role of the architecture itself – alongside artificial lighting- in creating an environment that supports visual and non-visual needs. An overview of current measurement and modeling techniques for Human Centred Lighting. Alkhatatbeh, Baraa & Asadi, Somayeh. (2021). Role of Architectural Design in Creating Circadian-Effective Interior Settings. Energies.