The BBP demonstrates its impact for 2016/17

13/10/2017

The Better Buildings Partnership has today published its second annual Impact Report. The report demonstrates how the BBP has worked with its 27 members (with over £200bn Assets Under Management) to improve the sustainability of existing buildings through knowledge sharing, leadership, innovation, influence and collaboration, all focused on the BBP’s priority areas:

  • Investing & Lending
  • Measurement & Reporting
  • Operations & Technology
  • Occupier Engagement
  • Property Management
  • Market Transformation

Key highlights from 2016/17 include:

  • More than 700 hours contributed by BBP members, over 150 hours contributed by the Managing Agents Partnership and 220 hours contributed by external attendees to meetings and roundtables, sharing knowledge and experiences of implementing sustainability.
  • Collecting energy data across 7million m2 of real estate and demonstrating 4.4% reduction in energy consumption across the BBP membership since 2015. Plus, the first retrospective assessment for the last five years of the Real Estate Environmental Benchmark, which highlights a 25% improvement in the efficiency of BBP member portfolios since 2010.
  • 14 case studies published showcasing best practice and innovation on a wide breadth of sustainability topics.
  • Tackling the ‘performance gap’ and design-for-compliance culture with continued support for the innovative Design for Performance project.
  • Spearheading the topic of sustainability in real estate lending with Beyond Risk Management: How Sustainability is Driving Innovation in Commercial Real Estate Finance.
  • The launch of the Managing Agents Partnership Core Provisions, raising standards of property management across the industry.

Chairman of the BBP and Head of Sustainability at Hammerson, Louise Ellison said: "I am delighted to be able to bring you this impact report that demonstrates how much has been achieved over the last 12 months and how the BBP is leveraging its influence to instigate change across the sector. The organisation continues to take a highly collaborative approach to specific sustainability challenges facing commercial property owners, producing practical, industry-led guidance and tools that are freely available to all."

BBP Programme Director, Sarah Ratcliffe said: “The extensive engagement of members in the BBP programme of work goes to show that members reap significant benefits from working together collaboratively. It is tremendously rewarding to work with a group of forward thinking organisations and with such an extremely hard-working and dedicated Executive. Our thanks go out to all those who have contributed to the BBP’s success this year.

Click here to access the full report. 

 

NOTES TO EDITORS:

The Better Buildings Partnership (BBP) is a not-for-profit collaboration of the UK’s leading commercial property owners who are working together to improve the sustainability of the UK’s existing commercial buildings. The organisation's aim is to deliver market transformation through sustainability leadership and knowledge sharing across the UK property industry. The BBP currently has 29 members who represent in excess of £200bn Assets Under Management (AUM). 

The BBP membership includes Aberdeen Standard Investments, Aviva Investors, Blackstone, British Land, Bruntwood, Cadogan, Canary Wharf Group, Capital & Regional, CLS Holdings, Cording Real Estate Group, Deutsche Asset & Wealth Management, Great Portland Estates, Grosvenor, Hammerson, Hermes Investment Management, intu Properties, Landsec, LaSalle, Investment Management, Legal & General Investment Management, Low Carbon Workplace, M&G Real Estate, Norges Bank Investment Management, SEGRO, Shaftesbury, Schroder Real Estate, TH Real Estate, The Crown Estate, Transport for London and Workspace.