Watch the webinar

On 22nd April 2021 we hosted a webinar to discuss the findings of the Spotlight on Property and Carbon report and were joined by several clients who shared their progress towards achieving net zero. If you missed it, you can watch the recording above.

The Conference of the Parties (COP26), which is to take place in Glasgow in November this year, is the next milestone event for the world to address the challenge of climate change. With the built environment the source of 40% of the UK’s carbon emissions, it is clear that this issue increasingly represents the pre-eminent item on the agenda for all of us in the sector.

Inside this issue, we identify the key components of the industry’s response to date. Net zero is becoming the benchmark for new development, and organisations operating in the sector are setting their own targets to achieve this. At Savills, our target is to be net zero by 2030*. The direction of travel is therefore clear, underpinned as it is by national legislation and increasingly stringent planning policy, and the momentum within the sector is impressive, particularly during the period of lockdown.

For all of us on this journey, it is increasingly a question of finding the tools and mechanisms to achieve the objective of net zero and gathering the data to endorse the effectiveness of the strategies being deployed. Encouragingly for those who make the additional investment that is necessary, there are emerging signs that there is a ’green premium’ to be had for property that has low carbon credentials. Occupiers of both residential and commercial property are increasingly sensitive to this metric of performance, driven by a new generation that is passionate about the planet.

At Savills UK, we share that passion and trust that you find this Spotlight on Property and Carbon both interesting and informative.

Read each section, below…

^{* Savills (UK) Ltd is committed to achieving net zero carbon in operation by 2030. This commits us to eliminate emissions for scopes 1 and 2, which are used at our workspaces to heat, light and power our properties and fuel any company grey fleet.}