A widening gap in the availability of highly sustainable offices across the UK is putting the economic prospects of smaller regional cities at risk and could undermine national net-zero goals, according to new research from the British Council for Offices. The report, Viability and Sustainability in the Regions, warns that a large share of office space outside major centres may become economically obsolete if current trends continue. It suggests this could lead to what it describes as “sustainability gentrification”, with organisations unable to find space that meets their ESG commitments in cities such as Exeter, Newcastle and Sheffield. (more…)

City governments are setting ambitious sustainability targets, often well ahead of national goals; yet plans to tackle the carbon emissions from buildings are frequently given insufficient attention. To deliver an effective plan for the decarbonisation of buildings, partnerships with landlords, investors, developers and occupiers are essential, the report claims. In a study of 32 global urban centres, Decarbonising Cities and Real Estate, JLL’s research claims that real estate’s contribution to emissions averages 60 percent, even higher in the world’s largest business centres – as much as 78 percent in London, 73 percent in Tokyo, 71 percent in Washington, DC, 70 percent in Paris and 66 percent in New York. (more…)