Q1 January - March 2020 - Building Energy Exchange
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Q1 January – March 2020
BE-Ex team Richard Yancey Rebecca Esau 2
Executive Director Manager, Projects
Yetsuh Frank Regana Alicka
Managing Director, Associate, Projects
Strategy and Programs
Will DiMaggio
Talia Kula Associate, Programs
Manager, Development
and Operations Becky Kalish
Associate, Programs
Helen Chananie
Manager, Projects
Christian Bergland
Associate, Projects
BE-Ex is pleased to present
our inaugural quarterly report
highlighting programs
and projects from January
through March of this year,
while noting key events and
milestones to come. Check
out our quarterly column,
as well as the impressive stats
on our work of late.recent programs 3
January 15 This event marked the sixth program
of our ongoing Climate Mobilization
Climate Mobilization Act: Act Series, a collection of programs and
Grades, Codes & Limits resources aimed at demystifying the
legislative package and connecting our
community with relevant solutions.
Grades, Codes & Limits focused on the
new building energy grades and labels
that will be put into effect October
2020.
John Lee
NYC Mayor’s Office
of Sustainability
Kelly Dougherty Andrea Mancino Donna De Costanzo
FS Residential Bright Power Inc. NRDC
Amalia Cuadra
EN-POWER GROUP
https://be-exchange.org/climate-mobilization-act-series-grades-codes-limits/recent programs 4
Yetsuh Frank Mahesh Ramanujam Kami Altman
BE-Ex USGBC Magnusson
Richard Yancey Yvette Brissett-Andre
BE-Ex Unique People Services
January 22 February 12
Buildings of Excellence: Buildings of Excellence:
Mahesh Ramanujam on the Large-Scale Passive
Future of Carbon Neutral House
Buildings
A joint program between BE-Ex and
NYSERDA, this marked the third event
Mahesh Ramanujam, President and
of our Buildings of Excellence Series,
CEO of USGBC, spoke on the evolution
featuring Sendero Verde and Cornell
of LEED green building standards,
Tech, two transformative Passive House
including net zero goals in carbon,
buildings.
energy, water, and waste. Unique People
Services and Magnusson Architecture
and Planning also discussed their
innovative 2050 Grand Concourse
Project, a 13-story building which will
provide nearly 100 units of affordable
housing in Fordham Heights, the
Bronx, and is pursuing LEED Gold
certification.
https://be-exchange.org/buildings-of- https://be-exchange.org/buildings-of-
excellence-carbon-neutral-buildings/ excellence-large-scale-passive-house/column: 5 The Climate is Changing for Finance by Yetsuh Frank Managing Director, Strategy & Programs Building Energy Exchange The reliance of the real estate a high sustainability-related risk.” industry on simple payback analysis Other influential organizations are to determine the effectiveness of also shifting their investments – the energy efficiency measures has long European Investment Bank announced frustrated those of us advocating for it will stop funding oil, gas and coal higher performing buildings. Dividing projects next year – while private savings into increased costs to learn corporations are making similar moves. when a measure will pay for itself Jeff Bezos’ $10 billion climate fund is ignores the many benefits of better getting most of the headlines but Delta buildings, including healthier air has committed a billion dollars over quality conditions, greatly improved ten years to make itself carbon neutral, thermal comfort, and even direct while Microsoft is carbon neutral today savings like reduced maintenance and has committed to being carbon costs. Perhaps more important than all negative for its entire existence (since those ignored benefits, simple payback 1975) by 2050. With the long history of doesn’t account for the potential costs corporate greenwashing as context, it is of doing nothing – but changes in the fair to question the true commitment superstructure of finance may forever of these organizations, but it seems alter the role of simple payback in our clear that financial systems and the community. corporate sector are beginning to at Consider that Larry Fink, CEO of least recognize the oncoming train of BlackRock and perhaps the single most climate change impacts. influential person in global finance, How real estate investment, in recently announced BlackRock would particular, negotiates the impacts of place sustainability at the center of climate change has been something their investment approach. It’s one of a moving target. There are multiple thing for the largest asset manager reporting platforms available for those in the word to say they’ll invest that wish to measure and disclose responsibly in the future. It is quite their environmental impact and each another to say they will consider platform has its own approach, metrics “exiting investments that present and processes – resulting in a relatively
column 6 confused market. Recognizing the need impacts, and the impacts considered for clarity and consistency, the Financial are all direct, with little analysis that Stability Board (FSB) has created a captures indirect impacts (say, to GDP, Task Force on Climate-related Financial for instance.) On some level the TCFD Disclosures (TCFD) – a group whose simply adds climate risk to a long recommendations are already having list of risks that real estate investors a significant impact on the real estate already navigate – market fluctuations, sector. The FSB – a global consortium credit risks, tenant instability, natural of 24 countries, the International disasters, etc. Though shifting your Monetary Fund and the World Bank – horizon on any issue from short-term is tasked with maintaining international payback measures to long-term risk financial stability, and as a result the scenarios is a fundamental change. recommendations of the TCFD are A primary component of this shift sweeping. Published in 2017 they cover will be a more nuanced approach to four broad areas: Governance, Strategy, data, recognizing that data sets based Risk Management, and Metrics & only on historical data are not always Targets. As of late 2019 more then sufficient (in the case of flood maps, 800 financial institutions have signed up for instance) and that the granularity as supporters, representing more than of data must be carefully utilized (for $100 trillion in assets. In November instance, when applying data reported the United Nations Environment at the county level to individual assets). Programme (UNEP) published a report TCFD asks real estate investors to a) on the roughly 20 real estate investors identify the risks your asset is exposed that participated in the TCFD pilot to, b) communicate those risks to program, including five in depth case your stakeholders (property managers, studies. The findings of this report investors, etc.), and c) develop a were not unexpected: impacts over response to mitigate or eliminate the next 15 years are already locked those risks. in, current models don’t include all In 2018 I attended an annual “Increasing transparency makes markets more efficient, and economies are more stable and resilient.” — Michael R. Blomberg, Chair, Task Force on Climate Related Financial Decisions
7
“I believe we are on the edge
of a fundamental change of
finance.”
—Larry Fink, CEO, Blackrock
reporting event for a major Council (ILC) to gather on May 14th to
environmental assessment platform participate in a dialogue with several
with roughly 100 representatives leading real estate figures that will
of the most progressive real estate describe the structure and activities
organizations in North America. of the TCFD and discuss the role their
One of the speakers asked how many recommendations are likely to play in
of them had assessed the risk to their our sector. Since the ramifications are
assets from sea level rise. I was a little significant for virtually every activity
astonished by the number of hands within the building sector (from new
raised: one. Spencer Glendon of the construction, to renovations
Woods Hole Research Center has and retrofits) we expect the dialogue
pointed out that the long-term debt to be dynamic and illuminating.
of 30-year mortgages is underwritten ILC members can register for the event
by annual insurance. When the now. ILC members have guest passes
insurance dries up, so do the at their disposal, and remaining seats
mortgages. As he puts it, “it’s already will be available to the public after
foolish to lend money for 30 years” May 1st. We hope to see you there.
in Florida. At a minimum, the TCFD
framework should force many more Read this online: //be-exchange.org/
organizations to take simple risk insight/q1-climate-finance/
management related to climate
more seriously. But a long-term risk
mitigation framework has indirect
benefits as well, including growing
your organizational capacity to respond
to long-term trends of different
kinds – something often lacking when
quarterly returns are the sole focus.
To properly study these issues
the Building Energy Exchange is
inviting our Industry Leadershipprograms We are thrilled by the number and 8
diversity of developed and hosted
events, which span a wide array
of topics on energy efficiency in the
built environment.
BE-Ex hosted events Q1 2020
52
43
38
30
27
17 18
16
13
9
Q1 2019 Q2 2019 Q3 2019 Q4 2019
BE-Ex developed events
diversity goals
28 66
1.
No all male panels
Q1 number: 2
2.
50% female speakers across
BE-Ex events
Q1: 48%
average number of average attendance,
days on calendar, BE-Ex BE-Ex events
eventsaudience BE-Ex continues to realize excellent 9
audience growth. Since Q1 of 2019,
our newsletter audience has
grown 67% with 2020 Q1 quarterly
growth at its highest rate out of the
past four quarters. Our social media
following has kept pace, growing over
40% over the past year. Programmatic
development and strategic partner-
ships, coupled with CRM systems, have
allowed for this sustained expansion.
newsletter subscribers social media followers
5,805
3,803
4,772
7,770
resource downloads website traffic
1,138
16,134
1,183
unique site impressions
in Q1 2020
Q4 2019 Q1 2020program series highlights 10
Buildings of Excellence In partnership with NYSERDA,
Building Energy Exchange is hosting
a series of gallery talks celebrating the
Buildings of Excellence competition,
a NYSERDA program recognizing low
and zero-carbon emitting buildings
throughout New York state. These talks
highlight award-winners and their
insights into pathways to net-zero
building performance.
Climate Mobilization Act With support from the Natural
Resources Defense Council and
in partnership with the Mayor’s
Office of Sustainability and the NYC
Retrofit Accelerator, this series
aims to demystify the components
of the Climate Mobilization Act and
connect our community with relevant
solutions.
Women in Sustainability The Women in Sustainability and
and Energy (WISE) Energy (WISE) series, founded in 2015,
is an inclusive platform for all people to
learn from experienced women leaders,
to share knowledge, and to advance
equity in the workplace.
ASHRAE NY This series explores the ASHRAE
Technical Standards, connecting the
Technical Breakfasts science of these guidelines with real
world applications.special announcement 11
celebrating
10 years!
2020 marks ten years since Later this year we’ll be hosting
the founding of the Building a celebration in recognition of
Energy Exchange. Our work these past achievements, and
across the decade has included featuring the many partners and
over 1000 programs with 27,000 supporters that have made this
attendees, alongside hundreds work possible. Stay tuned—for
of case studies, reports, more updates, sign up for our
playbooks, and exhibits. Along newsletter.
the way, BE-Ex has fostered
dozens of fruitful relationships In the meantime, please visit
with local, state, and global us online or in-person to take
actors to curb the impacts of a closer look at the work we’ve
climate change by improving accomplished over the past
our built environment. From decade.
our partnership with the NYC
be-exchange.org
Mayor’s Office of Sustainability
on local initiatives, to our state-
wide work with NYSERDA, to our
work with the United Nations,
as a founding International
Center of Excellence on High
Performance Buildings, we are
honored to play an impactful
role at the intersection of the
building industry and climate
action—particularly at a time
when our City, and our Earth,
need it most.upcoming programs 12
March 10 The second installment of our joint
series with ASHRAE, this event will
ASHRAE NY Technical focus on ASHRAE’s Technical Standard
Breakfast: Climate Data 169: Climatic Data for Building
in a Warming World Design Standards. Scheduled for a
new addendum in 2020, the standard
provides a foundational basis for
climate assumptions used by a wide
array of building industry decision
makers.
https://be-exchange.org/climate-data/13
March 25 The fifth in our series supporting
NYSERDA’s Buildings of Excellence
Buildings of Excellence: program, the presentation will
Greening the Bronx showcase 425 Grand Concourse, Park
Avenue Green, and La Central Building
C, three exemplary Passive House
buildings and Buildings of Excellence
award recipients.
https://be-exchange.org/greening-the-bronx/
April 21 A joint program between BE-Ex
and NYSERDA, this marks the sixth
Buildings of Excellence: event of our Buildings of Excellence
Housing Communities Gallery Talk Series, feauturing
Bushwick Alliance and HELP ONE,
two transformative projects in
Brooklyn and Buildings of Excellence
award recipients.
https://be-exchange.org/buildings-of-excellence-housing/project highlights 14
completed
exhibit The anatomy exhibit covers building
energy systems and key efficiency
Anatomy of an Energy solutions. The exhibit launched the
Efficient Building second week of December.
“Congratulations to the Building Energy
Exchange on their new exhibit—
an illuminating display that connects
the dots between our buildings, the energy
we use, and our climate impact.”
— Donna De Costanzo, NRDC15 upcoming primer playbook Climate Mobilization Act Insulation BE-Ex is developing a short BE-Ex is developing an insulation presentation (~45 minutes) covering playbook on high performance the basics of the CMA and its insulation principles and retrofit implications for building decision- strategies. The playbook will tentatively makers. BE-Ex aims to launch the be published this quarter. primer this quarter. We hope you’ve found this update on our work illuminating. Don’t hesitate to reach out with any suggestions. We look forward to seeing you at BE-Ex soon.
programs project status
Buildings of Excellence: Q1 2020
Passive House Retrofits
January 8th Exhibit: Anatomy of an Energy
Efficient Building
Climate Mobilization Act Series: Grades,
Codes & Limits Tech Primer: Wall Insulation
January 15th
Tech Primer: High Performance
Passive House Primers Windows
ongoing
Case Study: USGBC/Mecho
Buildings of Excellence:
Mahesh Ramanujam on Support: Local Law 97 Messaging
the Future of Carbon Neutral Buildings Grid
January 22nd
Brochure: Buildings of Excellence
COTE Thermal Bridge Trainings Awards
January 24th, February 21st
Playbook: Existing Building
International Pathways: The Future of Insulation
Energy Efficiency in India
January 27th Primer: Climate Mobilization Act
Legislation
NAPHN CPHD/C Trainings
January 27th-31st Online Tool: Local Law 97 Calculator
Anatomy of an Energy Efficient Building Report: NYSERDA Multifamily
Exhibit Launch Program Support
January 29th
Primer: Passive House (Updated)
Buildings of Excellence:
Large-Scale Passive House Q2
February 12th
Exhibit showcase: Envelope
Climate Data in a Warming World Systems
March 10th
Report: High Performance Deep
Buildings of Excellence: Retrofit Profiles
Greening the Bronx
March 25th Online Primer: Passive House
Q3
Report: Passive House Feasibility
Studies
Report: Data Into Action,
Commercial
Q4
Passive House Technical Modules
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