CNS-Responsible-Investing 2024 - Flipbook - Page 33
prioritizing certi昀椀ed buildings with features such as
waste and recycling programs, proximity to public
transportation hubs, ample natural light, and energye昀케cient technologies like smart lighting and occupancybased controls. Our planned move to a new Hong Kong
o昀케ce in 2025 follows the same approach.
Our commitment also extends to how we operate
day-to-day. The Cohen & Steers Green Team, a global
employee resource group, plays a central role in
embedding sustainability into our corporate culture.
Through education and 昀椀rm-wide initiatives focused
on reducing, reusing, and recycling, the team fosters
accountability and helps drive more sustainable
behaviors throughout the organization.
We are publishing our 昀椀rm-wide Scope 1 and 2
greenhouse gas emissions for the 昀椀rst time this year,
re昀氀ecting our commitment to greater transparency
and climate accountability in our operations. This
marks a key milestone in our journey to embed climate
awareness into our operations.
“It is a source of great pride to be able to
provide our employees and clients a space
that that has been independently deemed
to be designed, constructed and maintained
in a sustainable manner. We endeavor to be
good corporate stewards to both our people
and the environment.”
ADAM DERECHIN, CFA
CHIEF OPERATING OFFICER
Climate-Conscious Design in Practice
In early 2024, we completed a major relocation of
our New York City headquarters with a focus on
reducing embodied carbon emissions. Partnering with
sustainability consultancy BEYOND, we conducted a
30-year life cycle assessment of construction materials
and methods. This process led to a 33% reduction in
embodied carbon from BEYOND’s baseline, exceeding
our original 20% target. The project highlights how
strategic design and material selection can meaningfully
reduce environmental impact while supporting the highperformance needs of a modern workplace.
COHEN & STEERS | RESPONSIBLE INVESTING 33