Why Commercial Buildings?

Commercial buildings are among the largest contributors to global greenhouse gas emissions, positioning the built environment at the center of the climate challenge.

Why Data Centers?

Data centers have emerged as one of the most critical and dynamic asset classes in the global built environment—powering the digital economy while reshaping patterns of energy, infrastructure, and environmental impact.

Double Materiality Woes

As the backbone of cloud computing, AI, and digital services, data centers present a unique case of double materiality: their operations materially affect the climate, energy systems, water resources, and communities, while climate risks, regulatory shifts, and resource constraints increasingly impact their financial performance, resilience, and long-term valuation.

Understanding and managing this dual impact is now essential for investors, developers, operators, and policymakers for risk mitigation, value preservation and future-ready digital infrastructure.

Source - IEA

Source - World Green Building Council

Double Materiality Woes

From a double materiality perspective, commercial buildings both generate significant environmental impacts across their life cycle and face rising financial exposure to physical climate risks, transition risks, and tightening regulation. With global construction and demolition occurring at record speed, the consequences of unsustainable development are escalating rapidly.

As ESG regulations strengthen worldwide, the opportunity—and responsibility—to transform how buildings are planned, delivered, operated, retrofitted, and repurposed has never been greater.