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Record W4405842714 · doi:10.54097/by2v3s39

The Impact of ESG Performance on Investors' Decision-Making in the Real Estate Industry: Based on Green Building Certification and Facility Management

2024· article· en· W4405842714 on OpenAlexaff
Yilin Liu

Bibliographic record

VenueHighlights in Business Economics and Management · 2024
Typearticle
Languageen
FieldEngineering
TopicSustainable Building Design and Assessment
Canadian institutionsMcGill University
Fundersnot available
KeywordsCertificationFacility managementReal estateBusinessCorporate Real EstateGreen buildingProperty managementFinanceAccountingArchitectural engineeringEngineeringMarketingEconomicsManagement

Abstract

fetched live from OpenAlex

With the global climate problem escalating, the real estate investor's environmental awareness is gradually rising, and financial returns are no longer the only consideration for investors, who are increasingly interested in the real estate industry's performance on the environmental level. This paper focuses on the impact of real estate practices in green building certification and facility management on investors' economic returns and environmental considerations. The study shows that improved environmental, social and governance (ESG) performance not only increases property values and rent levels, but also improves tenant satisfaction and lease renewal rates, which in turn enhances the competitiveness of the real estate market, and thus ESG performance improvement has a positive effect on investors. However, the existing leadership in energy and environmental design (LEED) certification for green building certification still has some limitations in terms of actual energy efficiency assessment and LEED's assessment criteria, which need to be further optimized. In addition, the introduction of edge computing in this paper is superficial and weakly referential to the practice of real estate industry, but it can be used as a general direction to enhance ESG performance.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.321
Threshold uncertainty score0.439

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.014
GPT teacher head0.252
Teacher spread0.238 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designSimulation or modeling
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2024
Admission routes1
Has abstractyes

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