Keeping Sustainability Front of Mind
As focus moves away from the COVID-19 pandemic, attention falls back upon sustainability and ESG.
The decision of whether to divest or invest is one that challenges many company boards and asset managers.
In Plan Ahead: The Trends to Look Out for in Sustainability we review:
- How an informed dialogue between landlord and tenant occupier is critical for change
- ESG as an already key determinant in the real estate transaction process and how valuation already reflects that
- The number of companies committing to Net Zero targets and the implications for building refurbishment/redevelopment
- MEES (Minimum Energy Efficiency Standards) - by April 2023 the minimum EPC rating of E will be applicable to all leases
- How landlords and occupiers need to work together to achieve common sustainability goals but there is no legal obligation to share the responsibility
- What 'stranded assets' are and why we're going to hear a lot more about them
Changes in sustainability are both the biggest opportunity and conversely biggest challenge we face this year and on through the decade.
It brings with it a chance, almost a compulsion, for landlords, occupiers, third party experts to work together in a more transparent way than ever before.
Looking for sustainability advice for your real estate? Find out what we offer.