Corporate Real Estate & Green Building

Transcription

1 Corporate Real Estate & Green Building CoreNet Global - London Corporate Real Estate Forum Thursday 9 th June 2016 Julie Hirigoyen, Chief Executive, UK Green Building Council

2 IDEAS FOR DISCUSSION Introduction to UK-GBC Green building trends Climate change and buildings CRE interventions Health, wellbeing & productivity UK policy context Ideas for future collaboration

3 Introduction to UK-GBC

4 OUR MISSION & VISION Our mission is to radically improve the sustainability of the built environment, by transforming the way it is planned, designed, constructed, maintained and operated. Our vision is a built environment that enables a high quality of life for people, within limits our planet can support.

5 UK-GBC is THE MEMBERSHIP

6 OUR ACTIVITIES INFLUENCE Government policy INSPIRE learning, leadership & innovation INFORM industry best practice IMPACT

7 WHAT WE COVER The whole of the built environment: New & existing commercial real estate / buildings New & existing homes / residential development Cities & communities incl infrastructure Priority issues: Energy & Carbon incl embodied carbon Cities & communities Health, wellbeing & productivity Knowledge & skills Leadership & innovation

8 A GLOBAL NETWORK 74 Member Green Building Councils 27,000 Corporate Member Companies

9 Trends in Green Building

10 Penetration of green building by market

11 Top Triggers Driving Future Green Building

12 Global average of expected growth in green

13 LEED certified space by region (gross m 2 ) Source: USGBC April 2014

14 Certified BREEAM Assessments 2008 schemes onwards plotted on a map

15 Number of certified assessments under BREEAM

16 % certified BREEAM assessments by outcome ( )

17 Climate change and Buildings

18 Gigatonnes CO 2 (GtCO 2 ) CLIMATE CHANGE IPPC AR5 - widespread scientific consensus Global surface temperatures are increasing (0.85 o C in 20th Century) Human influence is the dominant cause Future increases ought to be limited to around 2 o C CO2 emissions in a 2DS CO2 emissions in a 6DS

19 CLIMATE CHANGE: PROGRESS TO DATE

20 CLIMATE CHANGE: COP21

21 CLIMATE CHANGE: UK CONTEXT

22 CLIMATE CHANGE: ROLE OF BUILDINGS GLOBAL CO 2 EMISSIONS FROM ENERGY END-USE (2012) Other end-use 5% Buildings 29% Industry 40% Transport 26%

23 BUILDINGS AT COP21 Buildings Day 3 rd December 2015

24 WORLD GBC COLLECTIVE COMMITMENT Buildings account for about a third of CO 2 emissions globally and will continue to rise under a business-as-usual scenario. To play its part in limiting global temperature increase to 2 degrees Celsius, the sector must reduce its emissions by a total of 84 GtCO 2 by Green Buildings are the solution. Cost-effective, they generate economic, health, and social benefits for all. We - World Green Building Council, national Green Building Councils and member companies - commit to mobilising a global market transformation in order to advance by 2030 and achieve by 2050 two fundamental goals: Net Zero carbon new building Energy efficiency and deep refurbishment of existing stock

25 UK-GBC MEMBER PLEDGES

26 CRE interventions

27 How are demands of senior leadership on CRE team changing? Source: JLL Global Corporate Real Estate Trends Report 2015

28 Which sustainability tasks are handled by CRE? Source: JLL Global Corporate Real Estate Trends Report 2015

29 CRE POINTS OF INTERVENTION CRE strategy - Sustainability targets - Market research & options - Standard specifications (new build, FM, workplace etc) Transaction management - Go / No Go assessments - Green lease clauses Rent reviews - Landlord negotiations Lease administration - Utility cost audits Supplier management - RE service providers, agents, FMs, contractors, landlords

30 INTEGRATING INTO CRE LIFECYCLE Portfolio Planning Acquisition Concept/ design Construction Operation and maintenance Decommissioning and disposal Integration of sustainability appraisals and performance metrics into: Business Situation Analysis Portfolio review and evaluation Cost reduction initiatives Tenure, Financing and Procurement Strategy Merger & Acquisition Due Diligence Portfolio monitoring and reporting Integration of sustainability appraisals and performance metrics into: Site selection Due diligence procedures Lease clauses Actions on exchange Integration of sustainability appraisals and performance metrics into: Workplace planning Technological needs Space utilisation requirements Design brief Fit out standards Integration of sustainability appraisals and performance metrics into: Tender documentation Materials specification Site management plans Community liaison Post completion reviews Integration of sustainability appraisals and performance metrics into: Selection criteria and contracts for property managers, FM providers, sub-contractors etc Building maintenance plans Regular monitoring and reporting Occupier communications Integration of sustainability appraisals and performance metrics into: Dilapidations survey Marketing materials Landlord negotiations Operations handover LEASED ASSETS OWNED ASSETS LAND BANK

31 MOVING TO ZERO CARBON OR CARBON +VE Carbon Positive Selling excess zero carbon energy onto grid providing positive net benefit Zero Carbon Off-site solutions Carbon trading, tree planting, other allowable solutions On-site energy CHP, biomass heating, PV, solar thermal and wind power Minimise energy consumption Low carbon design and refurbishment High Efficiency building envelope Use energy efficiently High performance building management systems Optimised controls and highly responsive operatives

32 Health, wellbeing & productivity

33 Health, Wellbeing & Productivity in Offices The next chapter for green building Sponsors

34 KEY FINDINGS Productivity improvements of 8 11% are not uncommon as a result of better air quality Personal control over thermal comfort can return single digit improvements in productivity Good light and views of nature bring productivity gains SPHERA, SAN JOSE, COSTA RICA PHOTO: SPHERA

35 KEY FINDINGS A diversity of workspaces should enable concentration, collaboration, confidentiality and creativity Active design is a guaranteed route to better health Local availability of amenities and services are increasingly important for occupants LIFESTYLE WORKING, MELBOURNE, AUSTRALIA PHOTO: LENDLEASE

36 HEALTHY, PRODUCTIVE GREEN? There is often a virtuous circle of good design that works for people and planet

37 HEALTHY, PRODUCTIVE GREEN? Low carbon and resource efficient buildings are not automatically healthier and more productive

38 HEALTHY, PRODUCTIVE GREEN? Ongoing product innovation is crucial Buildings must contribute to grid decarbonisation

39 BEYOND GREEN How does my building impact my people?

40 TYPICAL OPERATING COSTS

41 METRICS ARE IMPORTANT

42 ECONOMIC METRICS Staff Turnover/ Retention Revenue Physical Complaints Medical Complaints Medical Costs Absenteeism Productivity (e.g. output per person)

43 WIDER METRICS PHYSICAL CONDITIONS: Pollutants CO2 levels Ventilation rates Air velocity Temperature Humidity Light levels Daylight Noise PERCEPTUAL FEEDBACK: Visual comfort Personal control of indoor environment Density Ergonomics Social features Active design Views Access to amenities & transport

44 NEXT STEPS: LIVING LABS & CASE STUDIES

45 RETAIL TOO!

46 UK Policy Context

47 ENERGY & CARBON POLICY LANDSCAPE Source: Carbon Penalties & Incentives, GPA 2014

48 MINIMUM ENERGY EFFICIENCY STANDARDS Privately rented properties will need to reach at least an E EPC rating Phased introduction: o All new leases and lease renewals from 01 April 2018 o All leases from 01 April 2023 Local authority enforcement

49 WILL MEES MAKE A DIFFERENCE? PROS: Introduce a strong lever at key stage in the property lifecycle: transaction Already evidence of impact on market activity Could finally lead to a relationship between energy efficiency and value CONS: Lots of exemptions Reliability of EPCs Enforcement regime?

50 ENERGY SAVINGS OPPORTUNITIES SCHEME Follows from Energy Efficiency Directive (EED) Requires all non-smes to undertake energy audits Key requirements: 1. Measure energy use 2. Conduct Energy Audits 3. Report compliance to EA

51 WILL ESOS MAKE A DIFFERENCE? PROS: Brings a large number of companies under the microscope Creates a conveyor belt of investible energy efficiency projects Significant savings already achieved from first round of compliance audits CONS: Overlap with other schemes Too light touch Enforcement regime Industry scepticism

52 ZERO CARBON NEW BUILDINGS EU requirement for all new buildings to be Nearly Zero Energy by 2020 Previous UK Commitment to Zero Carbon: Homes by 2016 Non Domestic buildings by 2019 Now driven by cities and developers (voluntary not mandatory)

53 How can we get you involved?

54 WORKING TOGETHER TO SHAPE THE MARKET Knowledge Best practice Events Market data Training Leadership Case studies Performance data Speakers Challenges Lessons learnt Research

55 SPECIFIC IDEAS FOR FUTURE COLLABORATION 23 RD JUNE UK-GBC S OCCUPIER ROUNDTABLE ON HEALTH & WELLBEING STILL PLACES AVAILABLE LANDLORD OCCUPIER FORUM LIVING LAB MARKET RESEARCH HEALTH & WELLBEING WEBINARS SITE TOURS

56 Thank you! :