City of Chicago
Climate Impact & Sustainability Data (2014-2016)
Reporting Period: 2014-2016
Environmental Metrics
ESG Focus Areas
- Energy Efficiency
- Climate Change
- Economic Growth
- Job Creation
Environmental Achievements
- Projected reduction in greenhouse gas emissions equivalent to removing at least 50,000 cars from the roads through 5% energy savings in covered buildings.
Social Achievements
- Creation of jobs in the energy efficiency sector through building improvements.
- Improved building leasing and financial performance due to energy efficiency improvements (based on US Equities experience).
Governance Achievements
- Implementation of an energy use benchmarking ordinance requiring energy use tracking and reporting for approximately 3,500 buildings.
Climate Goals & Targets
Environmental Challenges
- Energy inefficiency in large buildings.
Mitigation Strategies
- Mandating energy use tracking and reporting using Portfolio Manager, a free EPA tool.
- Public disclosure of energy efficiency data to incentivize improvements.