JLL
At a Glance
Industry
Real Estate
Project Types
Commercial Energy Efficiency, Goals/Targets, Sustainability and Energy Management Strategy
Year
2024
Location
Chicago, IL
Summary
Riya Malhotra developed a wireframe of a centralized JLL Building Performance Standards (BPS) dashboard and calculator that serves as a 'One Stop Shop' for existing and prospective clients to advance their regulatory compliance efforts.
Goals
BPS are outcome-based regulations that aim to mitigate the impact of the built environment by requiring new and existing buildings to meet specific emissions and/or energy targets. As more municipalities continue to develop and adopt BPS, there is a growing need to plan for potential penalties and engage in long-term decarbonization planning. Presently, there are limited comprehensive resources available in the public domain to assess performance-driven BPS regulation compliance for different jurisdictions in the United States. To bridge this gap, Riya spent her summer with the JLL's Sustainability Climate and Decarbonization team developing a wireframe and business plan for deploying a free and advanced BPS dashboard and calculator.
Solutions
To develop the wireframe of the BPS dashboard, Riya undertook a three-part process:
1. Understanding the evolving regulatory landscape for BPS and incentives across the U.S., as well as assessing the internal BPS resources available within JLL.
2. Interview key stakeholders to identify opportunities for an advanced BPS calculator and potential deployment methods.
3. Conducting research on additional functionalities and defining criteria for the BPS dashboard by facilitating a prioritization exercise with the key stakeholders. Leveraging her research and interviews, Riya prepared a business plan for the development of a wireframe mockup of BPS dashboard. This included details such as required functionalities, the number of versions that should be created, a development timeline, target audience, challenges, and distribution methods. Recommendations were provided to JLL's Sustainability team based on these findings.
Potential Impact
The development of the centralized dashboard addresses a critical need in the industry by providing building owners, managers, operators, occupiers, and JLL team members with a comprehensive resource for accessing BPS information. By simplifying and streamlining the compliance process, enhancing transparency, and unlocking associated incentives, the dashboard empowers businesses to meet regulatory compliance requirements while creating new opportunities for energy efficiency and carbon emissions reduction. This tool helps position JLL as a trusted leader in sustainability consulting and significantly expands its market reach. Moreover, it aligns with JLL's 2040 Net-zero emissions target and commitment to sustainability and contributes to the global goal of achieving Net Zero by 2050.