Property companies are taking a leading role in the drive to reduce carbon emissions throughout the UK
Buildings account for some 40% of carbon emissions in the UK. It is therefore not surprising that the Government is looking to the real estate industry to play its part in the battle against climate change. Property managers, developers and valuers are already learning to live with energy performance certificate ratings, revised Building Research Establishment Environmental Assessment Method standards and tougher building regulations. On the horizon are display energy certificates, mandatory air-conditioning inspections and the ‘Carbon Reduction Commitment’. While the planning regime encourages the use of on-site renewables – sometimes without regard to practicalities or cost – the market remains difficult and energy prices continue to soar.
