As of early 2024, about 25% of all buildings in the U.S. were covered by Building Performance Standards (BPS). There have been suggestions that with the current political landscape, BPS will lessen, and few new markets will require BPS compliance. 

Newton, Massachusetts is known for its role as a "Garden City" with many open spaces.  It is also known as the most recent City to pass a building performance standard focused on reducing Green House Gas (GHG) emissions.

Recently our Chief Sustainability Officer, Mary Nitschke was interviewed on the Decarbonization Distruptors Podcast where we discussed Sustainability Journeys and Building Performance Standards in Multifamily. Click here to watch the full interview

An ASHRAE audit is an investment in your building's future. By identifying and implementing energy-saving measures, you can reduce costs, improve performance, enhance sustainability, and increase property value. Do you know the different levels? More importantly do you know where and when to perform them to achieve compliance with various jurisdictions?

If you think that the because the SEC has paused its requirements for companies to disclose their greenhouse gas emissions means that we can wait to start looking at this, think again; what happens in California does stay in California.

In October 2024, CASR announced changes to their program, based on feedback from the Real Estate industry. Below is a summary of the changes which affect the Multifamily Industry:  

The 3rd Annual ESG & Decarbonizing Real Estate Forum (Winter) in Nashville brought together operators, investors and providers focused on supporting the Real Estate industry in their goals with respect to ESG and Sustainability. Although there were highly informative panels and great roundtable discussions around topics pertaining to decarbonization, GreenT Climate Software felt that there were three key takeaways worth highlighting:

Our Chief Sustainability Officer was recently interviewed on PROPTECH PULSE.

As Published by MMN.

Sustainability and Affordability are important challenges to solve for. Join us for a short conversation on our experience with Affordable Housing and Sustainability.

As we enter 2025, Compliance, Regulation and Changes in reporting are primary focuses of sustainability and emissions reduction in the built environment. Depending on where your properties are located and if your company participates in voluntary reporting there are some key targets to keep track of. Read to find out more:

There are significant changes coming in 2025 to how Energy Star Portfolio Manager which effect weatherized Site Energy Use Intensity (EUI). Make sure you understand them and how they can impact your EUI Score and Building Performance Standard’s compliance. Read here to learn more.

Our Chief Sustainability Officer, Mary Nitschkehad a great conversation with Sean Swentek on the Future of CRE Sustainability

Did you know that your property can achieve a Green Certification and still be at risk for Building Performance Standard fines? Let’s dig into where the variances can be and what to look out for.

Join us for a fun conversation about GreenT Climate Software’s new Building Performance Management Solution Product.

Exciting news GreenT Climate Software! Our first solution is ready to help you stay in compliance with Building Performance Standards. Watch here to learn more.

As a leader in Sustainability in Multifamily, our CSO at GreenT Climate Software is thrilled to discuss Building Performance Standards with Marla Thalheimer, Senior Director of Business Engagement at the Institute for Market Transformation (IMT). 

Green Loans are a type of loan product where owners can invest in green designations or efficiency upgrades in exchange for discounted closing costs and reduced interest rates beyond what may be available to a property in a conventional loan product. Looking at Green Loans for your portfolio? You will want to read more here.

Join us as we talk about Building Performance Standards and the potential of positive outcome from them.

The Multifamily industry is in its budgeting season. At GreenT, we hope you are integrating Building Performance Standards, Enhanced Benchmarking, and solutions into the process. Read more to find out why.

Ryan Holmes and Mary Nitschke discuss the challenges, pro-tips and potential for positive outcome of Building Performance Standards in Multifamily.