CAPEX approval for
Take these steps to ensure your proposed projects don’t get deprioritized
Although there are some low-cost ways to kickstart a sustainability program, it’s the more capital-intensive projects and actions that can accelerate your progress, make the greatest impact, and deliver the largest and fastest return on investment. But all too often, proposed CAPEX-funded projects get deprioritized due to tight budgets and the perception that other organizational needs require greater priority, making it harder to make progress on your sustainability goals.
Make sure your projects don’t lose their place in the CAPEX budget line. Download our checklist detailing the actions you can take to ensure your ESG CAPEX requests get approved.
Fill out this form to download the checklist
Consider a pilot to help prove your business case
JLL recently helped a large healthcare company pilot an energy program to help them identify and demonstrate the benefits of a portfolio-wide sustainability program. Our energy auditors helped the client identify four campus buildings comprising 406,000 square feet of office, call center and data room space, and then perform ASHRAE Level II energy audits. The auditors were able to calculate a system-by-system breakdown of the client’s $1 million annual energy spend.
Using the results from the analysis, we developed a focused list of low-and no-cost energy conservation measures, as well as, identified more than 20 energy conservation opportunities (calculated to reduce energy consumption by over 18% per year) for capital investment. We also provided estimates for project costs, annual energy cost savings and return on investment figures. The client used this data to build a business case and demonstrate the economic and environmental benefit of energy and sustainability initiatives. In the end, the client received the funding to audit the rest of their portfolio, resulting in annual cost savings of $162,000 with a payback period of less than three years and $44,000 in potential utility incentives.