Back to the future: The carbon advantage of retrofit over rebuild
Refurbished offices can offer substantial carbon savings over the traditional approach of demolish and rebuild. Retrofitting could generate £35bn of economic output a year, create new jobs and help the government achieve its climate goals, according to a report jointly authored by the National Trust, the housing trust Peabody, Historic England, the Crown Estate and Grosvenor. The British Property Federation supports a “retrofit first” approach, and wants the government to introduce a retrofit strategy with tax incentives.
‘Retrofitting’ by ensuring windows and heating systems are more energy efficient lowers emissions and can prolong the life of an older building. It avoids the carbon emissions associated with demolishing and building new, particularly the large amount of carbon emissions from cement and steel produced by construction.
Maples Teesdale and Realty Insurances hosted a presentation and discussion concerning the benefits and challenges in retrofitting as experienced by our speakers.
Featuring a keynote address from Andrew Creamer, Head of the Service Performance Team at Grosvenor, this was followed by a panel discussion moderated by Liz Hamson, Editor of BE News and featuring
- Aurélien Collignon, Head of Property Investments at FORE Partnership
- Will Ray, Head of Sustainability at CLS Holdings
- David Hughes, Director at Alchemy Asset Management
- Ana Klein, Head of ESG at Maples Teesdale
A Q&A session closed the seminar.