Holding all the cards: How to get tenants using renewable energy
- February 1, 2024: Vol. 18, Number 2

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Holding all the cards: How to get tenants using renewable energy

by Marek Handzel

Reducing energy consumption within buildings is no easy business.

What property owners need to meet their decarbonisation targets and what information many tenants are prepared and able to hand over to them remain two quite distinct things.

Investors and managers who have mapped out detailed trajectories towards net zero need granular data to achieve their green goals. Feldberg Capital, for instance, needs to see a 90 percent reduction in scope 1 and 2 emissions from its portfolio by 2030 — and a 66 percent drop in scope 3 emissions — if it is to hit its 2040 net-zero goal.

“In order to achieve that, we need to submit gas, electricity and water for the full year from our tenants,” explains Feldberg Capital’s director of asset management and sustainability, Jon Cochrane. “Ideally, we would want to drill down even further and split out numbers for small power usage such as that from laptops and lamps.”

The first problem landlords such as Feldb

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