While buildings have a major part to play in supporting the transition to a low-carbon economy and society, many continue to operate at standards that are not consistent with meeting the objectives of the Paris Agreement on climate change. The reductions required by this agreement will only be achieved if the built environment plays a major part in supporting the transition to a low-carbon economy.

From an investment viewpoint, we believe those portfolios positioning towards the highest net zero standards will see financial benefits, as well as a reduction in risk.

Our net zero buildings article

Inside the foyer at 245 Hammersmith Road

While some energy reduction initiatives can be achieved at minimal cost, specifying new buildings or refitting existing buildings to net zero standards comes with an upfront capital cost.

Case studies

  • Steps to a net zero office

    Inside view of 1 Victoria Street, Windsor

    Steps to a net zero office

    Analysis from the London Energy Transformation Initiative (LETI) illustrates a series of steps available to reduce Energy Use Intensity (EUI) in line with the objective of meeting net zero standards.

    The steps that are available vary according to the specifics of the building – whether it is a new build or a refurbishment, its age and the type of building.

  • Engaging with the management of Marston’s PLC

    People working at 245 Hammersmith Road

    Engaging with the management of Marston’s PLC

    As part of our platform wide ESG occupier engagement initiative, we held a series of discussions with members of Marston’s senior management team over the last 12 months. This has already led to Marston’s committing to provide automated utilities data across the long-lease assets in our portfolios (49 pubs) as well as their HQ.

Summary

We believe those portfolios that position towards the highest net zero standards will see benefits to both occupiers and investors.

In short, we believe there are early mover advantages to positioning portfolios to capture this performance and to future-proof assets for a changing world.

Exterior view of 245 Hammersmith Road

Responsible investing

We believe responsible investing is essential to improving long-term returns, unearthing potential opportunities and mitigating risks by fostering sustainable markets and economies