30 Mar 2021 | Industry Insights
The year 2020 saw environmental, social and governance issues at the forefront of so many discussions, most of which was the ongoing challenges posed by climate change and resource allocation. This presented companies, investors and governments with the opportunity to pursue economic goals that also help to create positive social and environmental impact.
At the recent Sustainable Investing Summit, hosted by investment banking company, Morgan and Stanley, senior executives, institutional investors, academics and policymakers explored ideas on how to efficiently invest in a sustainable world.
Recurring roadblocks emerged; not least the policy and business initiatives to curb climate change.
Not addressing climate change remains one of the biggest threats to the planet. It is widely believed that governments must make themselves responsible for incentivising the private sector to invest in methods to positively impact climate change. It is also expected that emerging trade policies will begin to embrace carbon tax, as such the EU’s plans to adopt a carbon border tariff on imports from countries with incompatible carbon-pricing programs.
We have found that this pressure also affects corporates, who have a commitment to their investors to demonstrate their ability to manage risks associated with the transition to a low-carbon economy. We believe that this inevitably improves relationships and makes their businesses more appealing to investors.
Property technology such as Twinview can prove to be the first step for many buildings when achieving their carbon emission targets and moving closer to Net Zero. By integrating with existing building systems, capturing and analysing data and through artificial intelligence, Twinview provides information on how spaces are used and function. Through better decision making, Twinview reduces carbon throughout the life cycle of the building, reduces operational costs, improves efficiency and the occupier or tenant experience.
Industry Insights
The recent introduction of the Renters' Rights Bill in the UK aims to improve the relationship between tenants and landlords. As part of a broader effort to ensure fairer and more transparent living conditions, this bill ensures that rental properties meet specific standards, including affordability, maintenance, and habitability. Landlords and property managers now face new challenges in complying with evolving regulations. We explore how Digital Twins could support with these new compliance requirements.
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Industry Insights
The UK government's recent surge in AI investment promises to reshape numerous industries, and the property sector is no exception. By committing to driving AI development, the UK is positioning itself as a leader in technological innovation. Property professionals, from developers to facility managers, must understand AI's evolving landscape to capitalise on its opportunities and navigate its challenges. This article explores how the government's increased AI funding can impact the property sector, focusing on AI's potential benefits, obstacles, and real-world applications.
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eBooks
The UK’s National Health Service (NHS), one of the world's largest publicly funded healthcare systems, manages a vast and complex estate, including over 1,200 hospitals, thousands of clinics, GP surgeries, and administrative buildings. Managing such an extensive estate efficiently is essential to delivering high-quality patient care, meeting sustainability targets, and ensuring the financial viability of the healthcare system. With increasing demand, financial constraints, and sustainability commitments such as the Net Zero NHS plan, there is a pressing need to optimise how NHS facilities are managed. One of the most promising innovations in this regard is the adoption of Property Digital Twins (PDTs) virtual replicas of physical assets that provide real-time data on building performance, environmental conditions, and operational efficiency. Learn how by embracing Property Digital Twins, the NHS can transform its approach to estate management, achieving significant cost savings, enhancing patient care, and contributing to national sustainability goals.
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