Most Indian occupiers want half of office portfolios powered by renewables by 2030, JLL

A JLL study reveals a growing trend among occupiers in India to prioritize renewable energy sources in their office portfolios, aiming for at least half of their energy to be renewable by 2030. Sectors like banking, finance, construction, manufacturing, and consultancy are leading this shift, with 87% of respondents expecting renewables to meet more than half of their energy needs by 2030. The real estate industry sees this transition as crucial for sustainability, with the Asia Pacific region, including countries like Australia, China, Vietnam, and India, leading the charge in adopting sustainable energy practices.

Radha Dhir, CEO & Country Head, India, JLL, highlights the opportunity for the real estate sector to shape the future of renewable energy. Kamya Miglani, Head of ESG Research, Asia Pacific, JLL, emphasizes the potential for cost reduction and sustainability goal achievement through strategic adoption of renewables. With collaboration between landlords and occupiers seen as pivotal, the industry aims to increase renewable energy usage to 90% by 2030 to meet the growing demand for sustainable buildings.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.