Cox, Castle & Nicholson LLP’s Post

Does your real estate or construction company's strategy include ESG (environmental, social, and governance) considerations? If not, now is the time to add these elements to your strategy, as they can contribute to long-term success, resiliency, and greater efficiency. Our own Jess LeDonne and Nancy Cox break down five key reasons why ESG is a critical part of any real estate and construction company's corporate strategy: https://ow.ly/rp6050QiSwP #construction #realestate #ESG #corporatestrategy

What are the key ESG considerations during the asset management phase of the real estate life cycle? A clear drive for sustainability, which will lead to more green provisions in leases. Commercial property expert, Stephen Chalcraft says: ''Those landlords who consider and adopt green lease clauses earlier on will, without doubt, find themselves with a competitive advantage both from a market perception perspective but also in getting ahead of the curve when it comes to the inevitable legislation that is fast approaching. They are also more likely to enhance the value of their assets. The real issue, however, is how to spread the considerable costs fairly to reflect the value of each party’s interest in the property. Get that balance wrong and landlords may well have a big problem.” The speed of retrofitting needs to increased for Government to meet 2050 net zero targets. Environmental specialist, Andrew Waite, says: “Decarbonising the existing building stock by means of retrofits is an essential element in the drive to sustainable development. To the extent that this is not already mandated by the wave of new environmental legislation, it will become a normal requirement for lenders, buyers and tenants going forward.’’ Embodied carbon will be a point of contention in major demolitions going forward. Environmental expert, Stephen Sykes, says: “The backdrop to this decision is climate change and the need to cut our collective carbon emissions and move at pace to a low carbon economy. As far as the property sector is concerned, that means cutting both the embodied and operational carbon emissions involved in heating and cooling buildings. Simply put, we will not meet the mandatory goal of reaching net zero carbon by 2050 if the carbon emissions associated with the built environment are not contained because they make such a significant contribution to our overall emissions.'' All and so much more covered in the set of articles below. #davittjonesbould #ESG #realestate #environment #assetmanagement #commercialproperty

Does your real estate or construction company's strategy include ESG (environmental, social, and governance) considerations? If not, now is the time to add these elements to your strategy, as they can contribute to long-term success, resiliency, and greater efficiency. Our own Jess LeDonne and Nancy Cox break down five key reasons why ESG is a critical part of any real estate and construction company's corporate strategy: https://ow.ly/CEzX50RmqWJ #construction #realestate #ESG #corporatestrategy

As the dust settles following COP 28, the build environment is under increased scrutiny. What are the main sustainability considerations facing the Real Estate sector? Read our series of briefing notes and contact our experienced team to discuss further: https://lnkd.in/etjNstdm #Sustainability #ESG #RealEstate #CommercialRealEstate #BuiltEnvironment #ForstersLLP

What is sustainable finance and how is it relevant to the real estate sector?   Our ESG Lead Nick Hillard lays out the opportunities that sustainable finance presents for the built environment, and how it can support the transition to a greener industry.   By quantifying the environmental, social and governance benefits of building more sustainably, we can support our customers, stakeholders and investors make informed decisions.   Read more: https://lnkd.in/eV-w3K_p   #esg #sustainablefinance #greenfinance #builtenvironment

What is sustainable finance and how is it relevant to the real estate sector? Our ESG Lead Nick Hillard lays out the opportunities that sustainable finance presents for the built environment, and how it can support the transition to a greener industry. By quantifying the environmental, social and governance benefits of building more sustainably, we can support our customers, stakeholders and investors make informed decisions. Read more: https://lnkd.in/eAETR5V4 #esg #sustainablefinance #greenfinance #builtenvironment

We kindly invite you to read a new short article on our website, titled "The green advantage" ✅ In recent years, Environmental, Social, and Governance (ESG) factors have transcended into becoming a strategic imperative within the realm of real estate financing. This shift is not just about a commitment to sustainability but holds significant implications for long-term value and providing projects a competitive edge. Read the full article on the link below 🔗 https://lnkd.in/dvB_DFcZ

The green advantage. ✅ In recent years, Environmental, Social, and Governance (ESG) factors have transcended into becoming a strategic imperative within the realm of real estate financing. This shift is not just about a commitment to sustainability but holds significant implications for long-term value and providing projects a competitive edge. Why ESG matters in architectural projects for financing, leasing, and end-user satisfaction ? Read about it in our short article on the link below. 🔗

Check out Fred Lee and my latest article in the ESG Investor on how landlord's can up their energy efficiency and sustainability

A great article by Amira Hashemi of Knight Frank discussing how businesses can find opportunities in Environmental, Social, and Governance (ESG) practices. Collaboration between landlords and tenants is key to achieving these goals. Effective ESG strategies can attract tenants, improve employee well-being, and reduce costs.