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energy benchmarking

How Climate Change Poses Risks for Banks and Insurers

In 2010 the Securities and Exchange Commission passed a rule requiring publicly traded companies to report their corporate risks from climate change. CERES, a non-profit organization that tracks this disclosure prepared a report cited in a 2014 Wall Street Journal article that concluded that climate-related disclosures by S&P 500 companies are terse, provide little discussion of “materia... Read More »

Ready or Not, Chicago Energy Benchmarking Ordinance Requires Action in 2014!

Partner Engineering and Science, Inc.’s Bob Geiger and Joanne Choi discuss Chicago’s new benchmarking ordinance and the requirements for compliance. In September 2013, the Chicago City Council approved the Building Energy Use Benchmarking Ordinance in Chapter 18-4 of the Chicago Municipal Code.  The Chicago Energy Benchmarking Ordinance became effective on September 21, 2013 and requires building ... Read More »

California Energy Disclosure Law’s Implementation Delayed Again

The California Energy Commission delayed the implementation of AB 1103, California’s landmark energy disclosure law.   This is the 4th time that the law’s implementation has been delayed in the past two years.   Now the first set of buildings will require energy disclosure in January of 2012–unless the law is delayed again. No doubt the law has serious opponents. There is still p... Read More »

AB 1103- Energy Disclosure Law Update

California is requiring Energy Disclosure via Assembly Bill 1103 (AB 1103) starting in 2011.   The California Energy Commission recently published the AB 1103 implementation schedule. Real Estate owners are actively beginning to do energy audits and energy benchmarking to prepare for the implementation of this law in 8 months. Building owners must disclose their building’s energy rating when: (a) ... Read More »