The report demonstrates how the BBP has worked with its 27 members 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.
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