Tag Archives: CRE executives

Sustainability as Critical Business Issue – 69%

Survey results by CoreNet Global and Jones Lang LaSalle, November 10, 2008 as reported in The Earth Times.

Of the more than 400 Corporate Real Estate Executives (CREs) surveyed, 69 percent said sustainability is a critical business issue for their real estate departments. When CoreNet and Jones Lang LaSalle asked the same question in 2007, 47 percent said it was a critical issue. Furthermore, 40 percent this year rated energy and sustainability as a “major factor” in their companies’ location decisions, with an additional 36 percent calling it a “tie-breaker” between locations that are otherwise competitive.

Companies are increase their focus on Energy and Sustainability to reduce costs.