Ensuring investment individuals are aware of the Minimum Energy Efficiency Standards (MEES) regulations ahead of 2018 was achieved, and all EPC risks identified across our UK assets.
Since 2012, we have completed the GRESB survey for up to 8 funds on an annual basis, improving the overall scores in the last reporting period (2017) by 6%, and by 99% across all funds since participation. This year we will submit the survey for 11 funds, to illustrate our growing commitment to ESG in our assets.
In 2017, we equipped investment and asset management teams with a matrix of green building certificaiton, to help them make educated decisions about the most appropriate certification to strive for on portfolio assets.
C. 2.4 million sq ft of Savills IM gloabl property assets are Green building certification accredited, with 48% of these acheiving BREEAM Very Good or better (New Construction and In Use), 20% of these acheiving Swedish Green Building Certificate, and 17% acheiving the German DGMB Gold rating.