Sustainability In Real Estate

Session 1

‘Sustainability’: what it is, what it affects and why it matters.

• It is a broader topic than you might think, and influences more than you would expect. It encompasses environmental, societal, and economic aspects; how we think, behave and the impact we have on others. It affects the costs of construction and operation, rental income, and capital values. It is increasingly the subject of regulation and legislation.
• What the challenges are. What are the appropriate responses to meet those challenges?
• From where the pressures come and from where to expect new requirements – regulation and legislation.
• Implications of a changing climate.

Practical examples are presented throughout the session to illustrate how informed, considered, and appropriate decisions can be made.

Presenter:
Andrew Phipps, Founder & Creator, Sustainability Unbound

Session 2

Sustainability and the built environment.

An often-used statistic is ‘the built environment is responsible for 38% of global carbon emissions.’ Consequence: real estate will be a prime target of carbon reduction strategies. The divide between embedded carbon (the carbon that results from site development and construction of a building) and operational carbon (the carbon produced in the everyday ‘use’ of a building) is clear. Different approaches must be adopted to address the challenges.

• Embodied carbon – what needs to change.
• Operational carbon – how occupiers and investors can reduce emissions.
• Repositioning or repurposing – action when an asset is no longer fit for purpose.
• What to expect in the future: standards, options, regulations, legislation, timescales, implications for values.

Practical examples are presented throughout the session to illustrate how informed, considered, and appropriate decisions can be made.

Presenter:
Andrew Phipps, Founder & Creator, Sustainability Unbound

Session 3

Implications for people: occupiers of buildings, real estate professionals.

• Ensuring the built environment supports people and enables them to work at an optimum level (people are the most valuable resource of a business and often the highest cost of the business).
• How people interact with buildings and one another.
• How addressing ‘sustainability’ can improve recruitment, development, and retention of talented people:
  ​- Addressing diversity and inclusion.
  - How buildings help meet the evolving needs of people – occupants and those in the surrounding interacting communities. Building design must do more than meet the needs of the paying tenants. The impact on the community must be understood and considered.

Practical examples are presented throughout the session to illustrate how informed, considered, and appropriate decisions can be made.

Presenter:
Andrew Phipps, Founder & Creator, Sustainability Unbound