“ Pursuing various building certifications and implementing key social features may also be warranted . Upon disposition of the asset , where applicable , key ESG features are included in the marketing of each sale . Throughout the lifecycle , the firm monitors the impact of any interventions on expenses , valuation and ESG performance metrics to further refine the relevance and importance of ESG factors .”
Building a sustainability programme from scratch Starting her career journey at Harrison Street more than 10 years ago , Brosig looks back on the evolution of the firm : “ When I began at Harrison Street , there was no formal sustainability programme . That is one significant change I ’ ve experienced firsthand . When the sustainability programme was created 10 years ago , the initial goals were to simply establish a formal committee , create a strategy and participate in GRESB .”
In the years that followed , the initial goals outlined by the firm advanced to focus on improving energy efficiencies at the property level and the retention of its employees . Broadening its definition of corporate sustainability in 2017 , Harrison Street adopted a business approach that ‘ creates long-term shareholder value by embracing opportunities and managing risks deriving from economic , environmental and social developments ’.
A pivotal year for the programme , 2020 sparked the creation of the Impact Department . “ What was once solely
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