ESG - A Business Imperative for Artisan Estate Management
Posted by Artisan Estate Management Limited on 17th May 2021 -
ESG is dear to our heart at Artisan Estate Management and is at the centre of everything we do. And now it’s a business imperative too!
A new Barclays report draws on insights from some of the industry’s early movers to outline the value of sustainability.
According to the UK Green Building Council (UKGBC), the built environment contributes around 40% of the UK’s carbon footprint, making buildings the second-largest source of emissions in the country. And although new buildings are more energy-efficient, 80% of the buildings that will be in use by 2050 have already been constructed.
To meet the UK’s 2050 net zero target, there is growing recognition that the real estate industry needs to eliminate the majority of domestic and commercial building emissions within the next 30 years.
Stakeholders – from investors to occupiers – are increasingly signalling their interest in green buildings that can manage energy efficiently and produce positive impacts in local communities, as well as improving bottom lines. JLL data show that sustainability is having a measurable and significant impact on value, with even A-/B-rated buildings showing a 10% rent increase.