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

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

Bringing Some New Ideas to an Older Part of Amsterdam – Next City

 

By night, Reguliersdwarsstraat is one of the busiest streets in central Amsterdam. A hub for the city’s LGBTQ community, its restaurants, bars and clubs attract large numbers of locals and tourists alike. By day, however, the picture is markedly different. Despite being just steps away from Amsterdam’s famous floating flower market, the area has struggled to attract the daytime crowds. Related Stories Bronx Worker Cooperative Plans to “Compost Capitalism” Baltimore Businesses Team Up to Address

Source: Bringing Some New Ideas to an Older Part of Amsterdam – Next City

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

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

Penda Designs Modular Timber Tower Inspired by Habitat 67 for Toronto | ArchDaily

Penda Designs Modular Timber Tower Inspired by Habitat 67 for Toronto,Courtesy of Penda

 

Penda, collaborating with wood consultants from CLT-brand Tmber, has unveiled the design of ‘Tree Tower Toronto,’ an 18-story timber-framed mixed-use residential skyscraper for Canada’s largest city. Drawing inspiration from the distinctly Canadian traditional modular construction, including Moshe Safdie’s iconic Habitat 67, the tower is envisioned as a new model of sustainable high-rise architecture that can establish a reconnect urban areas to nature and natural materials.

Source: Penda Designs Modular Timber Tower Inspired by Habitat 67 for Toronto | ArchDaily

Trees can make or break city weather — ScienceDaily

 

Even a single urban tree can help moderate wind speeds and keep pedestrians comfortable as they walk down the street, according to a new University of British Columbia study that also found losing a single tree can increase wind pressure on nearby buildings and drive up heating costs.

Ties in with The Hidden Life of Trees by Peter Wohlleben (definitely worth reading) where he discusses how trees in a forest create their own micro-climate and provide each other with physical support against wind and storms. But also read where he discusses the plight of urban trees forced to live without the forest community that they evolved for.

Source: Trees can make or break city weather — ScienceDaily

WAN:: Timber tower by Team V Architecture

 

With construction due to start in the second half of 2017 HAUT is on track to become the world’s tallest timber tower The municipality of Amsterdam in the Netherlands has selected Team V Architecture with Lingotto, Nicole Maarsen, ARUP and brand partner NLE to develop a building that is a serious contender to become the tallest timber tower in the world.HAUT, will be a 21-storey wooden residential building by the Dutch River Amstel with construction work expected to start in the second half of 2017. HAUT promises to be a prototype of building in an innovative, sustainable and environmentally-friendly manner.

Source: WAN:: Timber tower by Team V Architecture

Got wood? Meet Australia’s tallest (proposed) timber building | News | Archinect

 

Combine cross laminated timber, glue laminated timber, and the desire to connect with nature while providing ample creative working space, and you have the 5 King Tower, a 52-meter timber structure with the strength of concrete and steel (but a much smaller carbon footprint).

Source: Got wood? Meet Australia’s tallest (proposed) timber building | News | Archinect

Paris allows anyone to plant an urban garden | Inhabitat – Green Design, Innovation, Architecture, Green Building

Paris, France, greenery, plants, plant, garden, gardens, public space, public spaces, creative gardens, alternative gardens, living wall, living walls, green wall, green walls, rooftop garden, rooftop gardens

Paris just passed a new law that allows anyone to plant an urban garden within the city’s limits. Upon receiving a permit, gardeners can grow plants on walls, in boxes, on rooftops, under trees, or on fences. They can cultivate greenery in front of their homes or offices. They can grow flowers, vegetables, and fruit. Paris mayor Anne Hidalgo’s goal is to create 100 hectares of living walls and green roofs by the year 2020, with one third of that greenery dedicated to agriculture.

Source: Paris allows anyone to plant an urban garden | Inhabitat – Green Design, Innovation, Architecture, Green Building

Submit Your Ideas to The Architectural Review to Stop the Spread of #Notopia | ArchDaily

In its recent issues, The Architectural Review has been on a mission, highlighting a phenomenon that they have named “Notopia.” Characterized by a “loss of identity and cultural vibrancy” and “a global pandemic of generic buildings,” Notopia is – in overly simplistic terms – a consequence of the cold logic of market forces combined with a disinterested populace. The AR’s campaign therefore aims to analyze this “thing of terror” and push back by raising public awareness and by proposing alternatives. And they need your help.

 

Source: Submit Your Ideas to The Architectural Review to Stop the Spread of #Notopia | ArchDaily

Cleveland’s Revamped Public Square Mixes Downtown’s Future With Preservation – Next City

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The physical heart of Cleveland is a 10-acre civic space called Public Square, but until recently it wasn’t exactly pulsing with life. Two of downtown’s busiest roadways, Ontario Street and Superior Avenue, bisected the square, and its four quadrants felt neglected and forgotten. Instead of being a destination, it was a place people avoided.

Yet now, following a 15-month, $50 million renovation, Public Square is reopening as a dramatically re-envisioned centerpiece of the city’s ongoing redevelopment efforts. Designed by James Corner Field Operations, the architects behind New York’s High Line, it now has a lush green lawn, unobstructed city views, a full-service cafe with outdoor seating and a mirror pool that reflects the landmark buildings lining the square.

Perhaps most significantly, traffic has been eliminated through the park except for buses.

Source: Cleveland’s Revamped Public Square Mixes Downtown’s Future With Preservation – Next City