The government-backed Sustainable Energy Authority of Ireland (SEAI) has announced it will support 22 energy efficiency projects to deliver up to €7m (£5.9m) of annual energy savings and support more than 500 jobs. Hear Dr Brian Motherway, Chief Executive of the SEAI, speak at 40 Percent on sustainable energy as a core strategic issue for society. Read more at http://www.edie.net/news/6/Energy-efficiency-projects-in-Ireland-will-save-EUR7m-a-year-says-Gov/?goback=%2Egmr_3971360%2Egde_3971360_member_251840605
Yesterday saw significant changes come into force for the Companies Act which will mean that businesses are now subject to a legal requirement to integrate reporting of greenhouse gas emissions within their financial reports. The requirement will also place other requirements on businesses to aid the move towards environmental issues become an important factor in long-term business strategy.
This move will have a big impact on long-term decision making, enabling a long term enviromental plan to be produced.
For more information on the response to the report and what it means for businesses please visit the full edieEnergy article here.
In this weeks article from edieEnergy Pricewaterhouse Cooper's Low Carbon Economy Index report shows that we have only managed to average 0.7% decarbonisation each year, implying that we will utilise up the carbon budget for the century by 2034.
The report looks for investment in renewables, nuclear power, storage, carbon capture and energy efficiency to achieve a global rapid decarbonisation which has been demonstrated by the US and China, as well a world wide deal with all countries committing to ambitious targets for decarbonisation.
To read the full article click here.
"The energy performance certificate needs to become a robust measure of value just like rent and the covenant," writes 40 Percent Symposium Founder and Managing Director, John Pike. Along with the more common factors impacting on property value including building quality, covenant, title and tenure as well as location, John explores the impact climate change has on the value of the property and therefore the importance of measuring sustainability performance accurately and the vital role the EPC and the credibility of EPC's within this element of property value.
To read the full article visit I&P Real Estate here.
John has recently been appointed Senior Adviser to Bellrock Property and Facilities Management Ltd. This is a part time role with a leading facilities management provider in the UK. Bellrock operates highly successful managed services for high profile multi-site clients in the retail, leisure and commercial sectors as well as long term contracts for education, healthcare and central government.
John is particularly pleased with this appointment and feels that it complements the 40 Percent Symposium by keeping him involved at a property and professional level with the real estate industry. This is a unique advantage to the 40 Percent Symposium and allows John to develop programmes which have a real relevance to the delegates who attend the 40 Percent Symposia.
40 Percent Symposium launches London Symposium 2012 on the back of the huge success of this event in 2011
London, May 2012
The 40 Percent Symposium launches London Symposium 2012 to be held on 28th November 2012 again at the RIBA Headquarters in Portland Place, London. This year’s symposium will focus on carbon reporting, responsible investment opportunities and cost savings with a range of top speakers. Last years event attracted over 120 senior executives. This years agenda recognises that the Symposium is now seen as a must attend annual event for not only those who need to understand more about sustainability but also those who wish to participate in and push the debate forward through thought leadership and dialogue with their peers.
The programme will include top level presentations on carbon reporting, operational costs savings from sustainable strategies, responsible property investment and investment opportunities in a low carbon economy. Delegate feedback from 2011...
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.
Read this article in full
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.