- ESG-related information may be difficult to obtain in connection with real estate investing, and ESG-related factors may have little to no impact on an investment's profitability or value
- Data limitations in supporting infrastructure (metering, etc.), technology and lease limitations
Madison International Realty
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2020 | 2.0K : 38.669 MTCO2e; 2020: 33.195 MTCO2e (Scope 3) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Retroactively offset all 2019, 2020, and 2021 corporate electric use in NYC, London, and Frankfurt offices through the purchase of Renewable Energy Certificates (RECs)
- Developed Asset-level KPI tracking dashboard. Collected energy and water KPIs for flagship fund investments where available.
- Window replacement and facade restoration at Trinity Centre (New York) completed in 2020
- Proactively analyzed and addressed 2024 implications of Local Law 97 regulation regarding carbon emission reduction in New York
- Implemented green leasing to ensure landlord & tenant partnership for energy efficiency upgrades and sustainability efforts
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase data coverage and expand data collection to include emissions data
- Annually benchmark 100% of investments energy and water consumption
- Engage sponsors to increase quantity of certifications and ratings
- Issue 2022 Employee Engagement Survey, and implement new initiatives based on identified areas for improvement
- Establish process for creating Employee Resource Groups
📅 Medium-term
- Utilize green building certifications/energy ratings to drive sustainable development and operations of assets in line with global sustainability goals
- Establish DEI targets supported by actionable initiatives to further integrate inclusion with Madison’s culture
- Utilize feedback from employee engagement surveys to enhance engagement offerings
- Provide a collection of health & well-being benefits to support Madison’s workforce inside and outside of the office
- Target 100% participation by Madison employees
🔭 Long-term
- Support global climate goals through integrating physical and transition climate risks with investment underwriting and asset mgmt
- Enhance DEI monitoring and transparency
- Implement supply chain diversity tracking initiative
- Create long-lasting partnerships within our community to deliver impactful engagement events
- Mitigate exposure to regulation through proactive monitoring and engagement
🌱 ESG Focus Areas
Climate ChangeDiversity, Equity & InclusionHuman CapitalClimate DisclosureBusiness IntegrityTenant SatisfactionHealth & SafetyBusiness ContinuityCommunity EngagementData Security & PrivacyEnergy ManagementGreenhouse Gas EmissionsEmerging ESG RegulationsEmployee RecruitmentAsset Level CertificationsMarket PresenceAsset Transportation & AccessibilityStrategic PartnershipsTraining & Workforce DevelopmentAnticompetitive BehaviorESG Activity DisclosuresSupplier/Vendor Labor PracticesWaste ManagementCharitable Giving & VolunteeringEmployee Satisfaction & RetentionResponsible ProcurementClimate Change ResilienceWater ManagementESG Disclosure ParticipationPolicy & StrategyESG AuthoritySponsor ManagementCorporate Environmental Performance