Property investors ignore sustainability at their peril, delegates at a Schroder Property conference have been told.
Instead, they should act now to address the carbon footprint of any property they own to protect their investment.
The audience heard from leading experts how the Government’s drive to make more residential and business buildings carbon efficient is pushing ahead despite the recession.
Schroder’s Ian Mason said: “Sustainability is our number one priority and if occupiers don’t see it as being important, we must take the challenge to them.
“The market has not yet priced in the costs of sustainability, but we believe property investors who act now to reduce carbon emissions will perform better over the long term than those that do nothing.”
In 2008, Schroders made a number of key improvements to help minimise its environmental impact.
Schroders continues to promote energy efficiency and waste avoidance throughout its operations. The company has a track-record of measuring and managing the consumption of energy and production of waste. It has also remained committed to continuous improvement in this area and to the promotion of positive environmental practices.
In its report, Responsible Property Investment, it adds: “We also continue to adopt and implement conservation measures in the design and use of buildings and equipment and continue to target the use of energy, the recycling of materials and reduction of consumables through office automation. We measure our performance in terms of waste management, energy usage and water usage.”
• Originally published in GreenerLiving magazine in April 2009