Gables Net Zero Roadmap

Page 1

• Research New Technologies; Adapt Performance Standards as appropriate

Building Electrification

• Complete Electrification Study on Existing Assets

• Complete Electrification Study on New Acquisitions

• Develop Performance Standard Specifications for End of Useful Life Retrofits

• Identify and Evaluate High Consumption Components

• Develop Performance Standards for Renovations

GablesNet Zero RoadMap

• Implement Electrification Retrofits

• Implement Performance Specifications for New Development Focused on Electrification

New Development: Common Areas

• Develop Performance Specifications for New Development Focused on Electrification

• Perform Analysis for Net Zero •

• Implement Performance Specifications for New Development Focused on Electrification

• Develop Net Zero Ready Assets

• Pilot Net Zero Development

Major Capital Projects & Renovations

• Evaluate Scope Expansion for MEP During Renovation Projects

• Deploy Performance Standard Specifications Scope at End of Useful Life

• Research New Technologies; Adapt Performance Standards as appropriate

• Implement Embodied Carbon Construction on New Developments

• Research New Construction Methods and Technologies; Adapt Specifications as appropriate

• Develop Performance Specifications for New Development Focused on Electrification by Region

• Perform Analysis for Net Zero

• Complete Embodied Carbon Analysis on New Developments

New Development: Units

Pilot Net Zero
Development
• Pilot End of Useful Life
Electrification Retrofits
2024 – 2030 2046 – 2050 2031 – 2035 2036 – 2040 2041 – 2045

• Implement or Add Battery Storage to On-Site Solar Projects

• Pursue Community Solar Contracts for Common Areas and, where available, for Residents

• Research Renewable Energy Projects using VPPAs & Other Structures

• Implement Physical PPA and VPPA Projects when feasible

• Complete Feasibility Studies for Stabilized Assets, prioritized by age and location

• Complete Feasibility Studies for New Acquisitions

• Implement On-site Solar Projects for Stabilized Assets and New Acquisitions

• Complete Feasibility Studies and Provide Infrastructure for Current or Future On-Site Renewable Energy and Battery Storage for New Developments Research New Technologies and Tax Incentives; Implement as appropriate

GablesNet Zero RoadMap

• Purchase Carbon Offsets through Off-site Sequestration Projects

On-Site Renewable Energy Strategies

• Implement or Add Battery Storage to On-Site Solar Projects

• Complete Annual Carbon Risk Analysis

Energy Efficiency & Conservation

• Increase Data Coverage - Scope 3*

• Complete Sustainability Property Surveys (Common Area and Typical Unit) for Stabilized Assets

• Complete Sustainability Property Surveys (Common Area and Typical Unit) and Audits as Part of Due Dilligence for New Acquisitions

• Complete Detail Audits Based on Evaluation of Performance and Building Systems Identified in Sustainability Property Surveys

• Implement Energy Efficiency Projects Based on Mandatory Requirements, Audit Results, Financial Performance Improvement, and End of Useful Life

• Implement Operational Efficiency Improvements

• Update and Revise Net Zero Program Budget Annually

• Assess Portfolio Composition to Maximize Positive Financial Impact of Net Zero Actions

• Develop Net Zero Program Budget

Measurement
Corporate Planning Carbon
Off-Site
Renewable Energy
Track Performance
Targets • Report on Progress Using Industry Frameworks
Against
2024 – 2030 2031 – 2035 2036 – 2040 2041 – 2045 2046 – 2050

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