Business Case for Sustainability in the Built Environment
The transition to net zero carbon not only creates new responsibilities for the real estate sector to both revalue and future-proof portfolios but also brings opportunities to create new sources of value.
Significant reductions in emissions can be achieved through technologies that already exist. It is now up to leaders in the sector to set ambitious goals, provide the resources to achieve them, and accelerate the pace of change.
“We have become the greatest threat to the health of our home but there's still time for us to address the challenges we've created, if we act now.”
- Sir David Attenborough
Our future depends on it.
There are significant consequences to going beyond a 2°C increase and they are becoming more pronounced as communities face storms, floods, fires, extreme heat, and other risks.
These effects will lead to multiple health issues, food and water shortages, economic decline, mass human migration, climate refugees, resource conflict, and eventually biodiversity loss which will be detrimental to the environment.
It’s our responsibility.
40% of the world’s carbon emissions come from the real estate sector. The World Bank estimates that the real estate sector must reduce CO₂ emissions by 36% before the year 2030 to prevent global warming from going beyond a 2°C increase.
We believe it is every businesses responsibility to actively improve people’s health and wellbeing, and protect the environment. It is clear that the Real Estate sector has a huge opportunity to be a force for good and contribute towards creating a sustainable future for all. Whilst there have been great advancements taken across the sector to address the climate crisis, it is time to accelerate efforts.
It’s risky business.
The risks of climate change combined with associated economic and social transitions, have created a significant risk of mispricing properties across markets and asset classes.
Employees and building occupiers are demanding more sustainable buildings.
Business as usual is already redundant.
It's time to accelerate change.
Investors will learn from all of this and deliver the capital needed for the transition to net zero carbon buildings, meeting the demand of thousands of occupiers who have made similar commitments. This will create new sources of value and revenue for investors, occupiers, and communities. Carbon intensive buildings will be a thing of the past.
Our purpose is to enable people to accelerate change in the built environment. We realise our purpose through the relationships we build with people, the expert advice and services we provide. Discover more about our services and how we can help you create value for your people, clients and the environment here.
"*" indicates required fields