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August 31, 2023

Regulation and data issues blamed for UK commercial property’s slow progress on net zero

Commercial real estate London
Difficulties in obtaining ESG data, unclear planning guidance, and a historic lack of government attention are seen as hampering the commercial real estate sector’s environmental goals (Photo: Chris Ratcliffe/Bloomberg)

UK commercial real estate emissions have remained broadly flat over the past decade, while investors and policymakers wrestle with how to decarbonise the sector.

Policymakers in the UK are pushing to rein in the greenhouse gas emissions generated by commercial real estate, as the sector prepares to meet progressively harder minimum energy efficiency standards in England and Wales by the end of the decade.

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