ESG – Environment/Social/Governance: What & Why?

ESG is the application of socially aware and responsible standards centered on the environment, society, and internal governance.

ESG investment refers to an investment strategy which seeks equivalent or higher returns while simultaneously making a positive impact in three areas: environmental, social and governance

According to the U.S. SEC:

  • The environmental factor might focus on a company’s impact on the environment, or the risks and opportunities associated with the impacts of climate change on the company, its business and its industry.
  • The social factor might focus on the company’s relationship with people and society, or whether the company invests in its community.
  • The governance factor might focus on issues such as how the company is run and executive compensation.

Investors, especially institutional investors, have increasingly focused on the ESG aspects of their investments from a mixture of concern, profit, and regulatory pressure. This emphasis has in turn put pressure on investment recipients to conform with ESG standards in a reportable manner.

More specifically:

               Environment – too often viewed solely as energy consumption/emissions addressable by decarbonizing. Environment refers to the entirety of the environment including air/water/sound pollution, energy consumption, ecological features, and aesthetics.

               Social – refers to the human factors such as labor standards, workplace health & safety, local community involvement/benefits/impacts. It can be as simple as providing nutritional advice to tenants to economic development for the local community.

               Governance – referring to the entity’s internal governance practices – is ESG a recognized standard, are there internal rules for ESG measurements and compliance, what is the level of commitment – an analysist or the C-Suite.

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Why ESG / Sustainability

The simplest answer is that sustainability is necessary to the survival of civilization and perhaps humanity. Pretentious sounding but the UN estimates that humanity is consuming the equivalent of 1.6 planets. In other words, in the seven months from January 2022 to July 2022 humanity consumed all the biological resources that the Earth regenerates over the entire year. And as a purely financial matter, it’s also good business reducing costs and increasing profits to be explained in future posts.

 

4 Projects That Show Mass Timber is the Future of American Cities

As architects face up to the need for ethical, sustainable design in the age of climate change awareness, timber architecture is making a comeback in a new, technologically impressive way. Largely overlooked in the age of Modernism, recent years have seen a plethora of advancements related to mass timber across the world. This year alone, Japan announced plans for a supertall wooden skyscraper in Tokyo by 2041, while the European continent has seen plans for the world’s largest timber building in the Netherlands, and the world’s tallest timber tower in Norway.

4 Projects That Show Mass Timber is the Future of American Cities https://www.archdaily.com/905601/4-projects-that-show-mass-timber-is-the-future-of-american-cities

As California’s largest lake dries up, it threatens nearby communities with clouds of toxic dust – The Verge

Dying lakes release dust, often polluted dust, that is literally killing people who can’t afford to move.

Though we often think of lakes as permanent landmarks, global warming, irrigation, and our constant thirst threaten these resources around the world. Terminal lakes like the Salton Sea, bodies of water that have no natural drain, are particularly vulnerable. Iran’s Lake Urmia — once the largest body of water in the Middle East — has shrunk by almost 90 percent over the last 30 years; Africa’s Lake Chad is also 90 percent smaller than it was in the 1960s; and Kazakhstan’s Aral Sea, once the fourth largest salt lake in the world, has practically been wiped off the map.

When these lakes evaporate, they can upend industries and erase surrounding communities. For residents near the Salton Sea, the most pressing problem is the threat of toxic dust. The receding Salton Sea will reveal at least 75 square miles of playa, the lake bed that the water once hid. When that soil dries, it will begin to emit dust laced with industrial runoff from the surrounding farms: up to 100 tons of dust could blow off the playa daily. If it isn’t captured, that dust will push the area’s asthma crisis from bad to dire. The Salton Sea is a dust bomb that has already begun going off.

Source: As California’s largest lake dries up, it threatens nearby communities with clouds of toxic dust – The Verge

Naiipa Art Complex / Stu/D/O Architects | ArchDaily

Worthwhile to go to website and check out the photos.

Text description provided by the architects. Naiipa (Literally means ‘Deep in the Forest’) is a mixed use project consisted of an Art Gallery, Sound Recording Studio, Dance Studio, Restaurants, Coffee Shops, and Office Spaces. It is located on Sukhumvit 46, a small street that connects Rama 4 road to Phrakanong BTS Station on Sukhumvit road. The project is named after the concept of concealing the architecture in the forest as the vision of greenery is expanded by using reflective glass all around.

Source: Naiipa Art Complex / Stu/D/O Architects | ArchDaily

Something delicious is growing in the ‘sustainability underground’ | GreenBiz

This urban hydroponics farm is in refurbished WWII bunkers just 100 feet under the swarming, grubby streets of Clapham, in South London. Next time I hear that 1970 Motown line, “War, what is it good for?” followed by the response, “Absolutely nothing,” some part of my brain will protest: “Hydroponics!” In effect, what Growing Underground does is to flip vertical farming on its head. Instead of going up, it goes down. With U.K. supermarkets recently forced to ration vegetables in the wake of poor harvests…………

The headline: “Paris to turn a third of its green space into urban farms.”

The piece continued, “It all started when the city’s mayor, Anne Hidalgo, who was elected in 2014, declared her intention to make Paris a greener city. The Paris government responded to her call in 2016 by launching Les Parisculteurs, which aims to cover the city’s rooftops and walls with 247 acres of vegetation by 2020. A third of the green space, according to its plan, should be dedicated to urban farming.”

The city’s deputy mayor, Pénélope Komitès, noted, “Paris not only intends to produce fruit and vegetables but also (plans to) invent a new urban model. … We have seen a real craze among Parisians to participate in making the city more green. Urban agriculture is a real opportunity for Paris. It contributes to the biodiversity and to the fight against climate change.”

Source: Something delicious is growing in the ‘sustainability underground’ | GreenBiz

What You Can Learn About the Future of Cities from Wakanda – CityLab

Citylab has pulled together a Wakanda Reader, or online bibliography of sorts, to indulge those who are interested in the larger questions around urbanism implicated in Black Panther. We would call it a syllabus, but there are already several syllabi available—this #WakandaSyllabusfrom Walter Greason, an economic history professor at Monmouth University and founder of the International Center of Metropolitan Growth, is particularly good. This Wakanda curriculum for middle school grades from school teacher Tess Raker has also been making the rounds.

As for what else has been circulating, here’s an exhaustive, still-living-and-growing list of articles that build upon the Wakandan mystique:

https://www.citylab.com/equity/2018/02/the-wakanda-reader/553865/?utm_source=twb

What Does China’s ‘Ecological Civilization’ Mean for Humanity’s Future? | By Jeremy Lent | Common Dreams

China’s leader affirms an ecological vision aligned with progressive environmental thought. Whether it’s mere rhetoric or has a deeper resonance within Chinese culture may have a profound global effect

Propaganda or hope for the future?

https://www.commondreams.org/views/2018/02/10/what-does-chinas-ecological-civilization-mean-humanitys-future

Why we all need Deaf urbanism – Greater Greater Washington

Deaf Urbanism is about changing the conversations around our cities, bringing our Deaf cultural values to the city at large, and preserving our place in society at large — as well as defining urbanism for our own community. Many tenants of Deaf Urbanism have to do with fostering a sense of inclusion as well as eliminating ableism and tokenism…

Deaf Urbanism is really just good design

Many able-bodied people benefit from technological advancements that were first designed for Deaf people, such as subtitles and texting. In urban contexts, various design ideals in DeafSpace include tactile elements, visual access and wayfinding throughout the urban environment. Tactile elements are simply changes in the walking surfaces to denote uses and boundaries — think of a rough stone edge near a curb, so that when you are looking away, you can feel with your feet when you are reaching the edge.

When it comes to visual access, having buildings and spaces that are open, have lots of light, and have direct visual connection benefit everyone. Being able to see your friends in a group in a building across the way on the second floor is simply good design. Applying these items in a larger urban context, we can use different materials in paving to denote different spaces and transitions, such as a cafe, a sidewalk, and a crosswalk. Having appropriate visual connection of buildings to Metro stations instead of buildings obscuring the visual landscape benefits everyone.

Many other urban design elements — such as gentle slopes and wide sidewalks instead of stairs — benefit people that have limited mobility and are also appreciated by able-bodied people. Another example is reduced curb cuts, which benefit pedestrians and bikers as well as people who are Deaf and disabled. Instead of having to step down or look for cars, an able-bodied person can just walk through…

Deaf people communicate in a 3-D language that can benefit planning conversations. It is intuitively simpler to communicate a 3-D environment in a 3-D modality. In our roundtable conversations for Deaf Urbanism, we discuss the scale of streets and how they should look with bike lanes, streetcar lanes, and the like in only a few signs…

Source: Why we all need Deaf urbanism – Greater Greater Washington

Via: Placeswire.org

Blowing down the Saddledome and building a new Victoria Park – Calgary – CBC News

Imagine you were given a serious chunk of Calgary’s core, a blank sheet of paper and a pencil, and told you could turn it into whatever you wanted.That’s pretty much what the Calgary Municipal Land Corporation (CMLC) is doing with Victoria Park.Planners and a couple of architectural firms are hammering away at a vision for the future of one of Calgary’s oldest neighbourhoods.It’ll be a 20-year plan to turn what’s currently a seriously bizarre jumble of skyscrapers, empty lots, an aging Saddledome, a bus barn and several rail lines, into Calgary’s entertainment district of the future. And a cool new place to live.

Source: Blowing down the Saddledome and building a new Victoria Park – Calgary – CBC News

Latest Renderings for Kearny Point, New Jersey’s Former Shipyard Being Transformed into a Small Business Hub | Untapped Cities

A very interesting project to track. Conversion of an industrial waterfront into a modern office park with exceptional architects/planners and a developer with a vision.

 

 

Aerial view of the Kearny Point site. Image via STUDIOS Architecture (Architecture) in collaboration with WXY architecture + urban design (Master Planning).

Kearny Point, which is located cross the Hudson River in Kearny between Newark and Jersey City, is being positioned as a sustainable business campus. The developer, Hugo Neu, is renovating and redesigning spaces that were once dedicated to one of the most well-known and most active shipbuilding sites, which opened in 1917 in the months leading up to the entrance of the United States in the first World War…..The developers have since renovated a first building, Building 78, that serves as Kearny Point’s proof of concept. It currently houses 150 small businesses, of which over 70% of which are minority or women-owned, a co-working space called Kearny Works, a cafe and a blue roof. The site also houses various companies, including a vertical farm, a bridal design company, a vitamin company, and much more.

A master plan has been developed by WXY, the architecture and urban design firm behind projects like the Spring Street Salt Shed and DSNY Manhattan District Garage, the Sea Glass Carousel in Battery Park, the redesign of Astor Place, and the reconstruction of the Rockaway Beach Boardwalk. At Kearny Point, WXY has envisioned a comprehensive plan that will densify the site, add public open space, offer new waterfront access, restore native habitat, and protect the site from flooding.

$1 billion is planned to be invested over the next decade, contributing to 7000 new permanent jobs and new tax revenue for the state and local jurisdiction. There will be three million square feet of converted or new office space. In addition, 15 acres of restored shoreline will accompany a new 4,100 foot waterfront promenade and 10 acres of publicly accessible civic and open space, including a 20,000 square foot amphitheater. It is anticipated that the waterfront area around the south basin and Building 197 will be completed this year, with another large portion of the historic yard anticipated to be completed between 2017 and 2018. A second waterfront phase is projected to be completed by 2023.

Source: Latest Renderings for Kearny Point, New Jersey’s Former Shipyard Being Transformed into a Small Business Hub | Untapped Cities

The Boomtown That Shouldn’t Exist – POLITICO Magazine

| Erika Larsen for Politico Magazine

Cape Coral may be the best place to gauge the future of the dream—and to see whether Florida has any hope of overcoming its zany developmental, political and environmental history—because Cape Coral is the ultimate microcosm of Florida. It’s literally a peninsula jutting off the peninsula, the least natural, worst-planned, craziest-growing piece of an unnatural, badly planned, crazy-growing state. Man has sculpted it into an almost comically artificial landscape, with a Seven Islands section featuring seven perfectly rectangular islands and an Eight Lakes neighborhood featuring eight perfectly square lakes. And while much of Florida now yo-yos between routine droughts and routine floods, Cape Coral’s fluctuations are particularly wild. This spring, the city faced a water shortage so dire that its fire department feared it couldn’t rely on its hydrants, yet this summer, the city endured a record-breaking flood. And that “50-year rain event” came two weeks before Irma, which was also supposedly a 50-year event.

Source: The Boomtown That Shouldn’t Exist – POLITICO Magazine

Dam it! How beavers could save Britain from flooding | Environment | The Guardian

At a secret location in the rolling pasture of west Devon lies a marshy patch of farmland protected by £35,000-worth of solar-powered electric fencing. This isn’t to keep people out but to restrain the tree-chomping, river-damming residents of these three hectares. Outside the fence is a typical small valley, with a trickle of a stream, willow thickets and pasture grazed by cattle. Inside the enclosure, the tiny stream has been blocked by 13 dams, creating pools and half-metre-wide canals. These have been built by Britain’s newest wild mammal, the beaver, which uses its waterways like we do – to transport goods. And as the beavers have coppiced trees, the willow thicket has been replaced with sunny glades of wild flowers – marsh thistles, watermint, meadowsweet – which dance with dragonflies and butterflies.

Source: Dam it! How beavers could save Britain from flooding | Environment | The Guardian

Photograph: Alamy Stock Photo