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Report looks at green growth in commercial properties

The UK Green Building Council (UK-GBC) has today (18 June), commented on the findings of a new report on carbon reduction and energy efficiency in commercial buildings.

The report ‘Carbon Penalties & Incentives: A review of policy effectiveness for carbon reduction and energy efficiency in the commercial buildings sector’, launched by the Green Construction Board, the Property Industry Alliance and government, and produced by Deloitte, makes a number of observations as to where the policy framework is succeeding and where there is scope to deliver emissions savings more effectively and to deliver green growth. Arguing that policies to tackle carbon emissions in the commercial property sector need to be better understood, monitored and enforced.

Paul King, chief executive of the UK-GBC, said:

“The findings clearly demonstrate that sustainability is now a mainstream issue within the commercial property sector but that a lack of consistency, clarity and enforcement of environmental policy is preventing the industry from realising the full benefits it has to offer.

“Industry is clear in its preference for good regulation and policy direction, to create a level playing-field for investment and innovation – which makes the government’s insistence on reducing red tape, changing policy, and watering down regulation all the more frustrating. The current prevarication around the introduction of minimum energy efficiency standards for privately rented commercial buildings is one very timely example.”

To request a copy of the report, please contact Lizzie Lambert, Media Manager at the British Property Federation, on 020 7802 0113 or email llambert@bpf.org.uk.

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