Whilst there is increasing focus on BIU Part 1 – Asset Performance, which assesses the sustainability of a physical asset, the application of Part 2 of BIU – Management Performance – is far less common. Of the 423 current BREEAM in Use certificates registered in the UK in August 2021, less than 25% of these certificates relate to Part 2.
Envision benchmarked 40 care home buildings using BREEAM In Use (BIU) on behalf of Octopus Real Estate. The analysis and formal certification has helped Octopus to understand the sustainability performance of its care home portfolio and has supported ESG disclosure to investors regarding the fund’s assets.
Envision has been supporting a private client with the sustainable refurbishment of their grade 2* listed building in St James’s, London.
In order to meet our net zero commitments, substantial and co-ordinated efforts are needed to retrofit existing buildings. The time for action to decarbonise the existing and future global building stock is now. For investors, this means re-evaluating all real estate investment under an energy-efficiency and carbon reduction lens.
Envision supported Quattro with the planning applications for the construction of a waste recycling facility for London’s construction and demolition waste arisings and a separate concrete batching plant. The facility, which can support London to manage its growing levels of materials from construction supports a circular economy.