Lynda Shillaw, Director of Real Estate, Scottish Widow Investment Partnership; Nick Knight, Executive Director, Valuation & Advisory Services, CBRE Ltd and William Newsom, Director, Savills discuss the Impact of Sustainability on Debt and Lending in London Find out more
FT article: Scientists warn on Arctic ‘economic time bomb’
The rapidly melting Arctic is an “economic time bomb” likely to cost the world at least $60tn, say researchers who have started to calculate the financial consequences of one of the world’s fastest changing climates.
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According to EdieEnergy - the majority of investors now view climate change as a material risk and have in light of this upped their commitment to addressing climate change within their investment activities. The EdieEnergy article discusses a report produced by a number of key climate groups, which found that 53% of asset managers decided to divest or not invest in listed equities based on climate change concerns, while a majority of asset owners (69%) said that climate change integration influenced their fund manager decisions in 2012.
To read the full article click here.
The first 40 Percent Symposium Conference to take place in Frankfurt on the 14th November will host an exclusive mix of industry leaders.
We have the most senior speakers ever assembled for a 40 Percent Symposium. The keynote presentation will be from Matthias Kopp from WWF Germany who leads the group of senior industry professionals who will discuss the key themes impacting on the real estate community in Germany and Central Europe. Represented throughout the day are Deka Immobilien Investment, Union Investments Real Estate, Deutsche Asset & Wealth Management, WWF, Regensberg University, Buildings Performance Institute Europe, CDP, DLA Piper, BNP Paribas Real Estate, Karlsruhe Institute of Technology, Valad, GRESB, MSCI (acquired IPD recently), PE International, Clifford Chance, ES Enviro Sustain, and Cushman & Wakefield. Full details of the speakers can be found here.
The 40 Percent Symposium is a growing community of real estate professionals, sustainability...
According to BP's annual Energy Outlook report emissions will be nearly double in 2035 than the 1990 level as a result of a 41% increase in energy consumption.
The report cites the growth in emissions to the increased consumption in emerging economies (95% of all consumption), with China being the main source of growth. Established economies will return to a 1990 level of energy consumption, showing a 0.2% per annum growth and this growth will fall from 2030 onwards.
Fossil fuels form 27% of the total energy use, with carbon-free sources increasing their share by 5% from 2012 to 2035.
To read the full article please click here.
According to the new European Environment Agency (EEA) report published today, the European Union is on track to meet emission reduction targets by 2020.
Since 1990 the EU has reduced emissions by approximatley 18% up until 2012. The EEA report indicates that we are on course to meet the 20% reduction target by 2020. Moreover all EU countries who have their own individual greenhouse gas reduction targets are also on course to meet their own targets.
The Chartered Institution of Building (CIOB) has recently moved from their base in Ascot creating a new sustainable office base. The building not only creates a sustainable office environment but also saw the implementation of a sustainable construction plan to build the new premises.
The Royal Institution of Chartered Surveyors (RICS) SKA environmental assessment tool has awarded the new headquarters of the Chartered Institute of Building (CIOB) a gold sustainability rating.
To read the full story and comment from CIOB Chief Executive Chris Blythe click here.
Taking sustainability mainstream in commercial property, the 40 Percent Symposium launches this years conference to be held on 19th September 2013 at Haberdashers Hall, Smithfield, London.
London, 21st May 2013 - The 40 Percent Symposium today launches the 2013 London Symposium to be held on 19th September. Headlining this year’s event will be Professor Sir John Beddington, most recently the UK Government Chief Scientist, who as keynote speaker will focus on the urgency of need in tackling climate change. Professor Beddington has warned that there is already enough CO2 in the atmosphere for there to be more floods, storms and droughts over the next 25 years and that there is a “need for urgency” in tackling climate change. The impact of commercial property on carbon emissions cannot therefore be underestimated because the sector accounts for almost 1/5th of all UK carbon emissions. Other notable speakers will talk about the risk to investors from climate change and how to...
Thanks to Ioannis Orfanos, Director at Green Value Associates for highlighting this article in our 40 Percent Symposium LinkedIn Discussion Group.
The article which you can read in full via the link below is written by Sandy Apgar for Urban Land. Sandy focuses on how the real estate industry, professions and research will be supported by internet communications and IT.
You can read the article in full here.
Barack Obama today unveiled the most ambitious plan to counter climate change ever put forward by a US president, saying he would not condemn future generations “to a planet that is beyond fixing” Read the full article