CASE STUDY: Reducing environmental impact of our properties
This year Clerkenwell Workshops was identified as a target site to focus on reducing its environmental impact. Gas and electricity consumption were a key area of focus; by installing AMR smart metering for both we were able to identify areas of wastage throughout the year.
We also installed several retrofit measures including boiler and voltage optimisation. Through these measures, we achieved a total energy reduction of 13% compared to the previous year. We also improved recycling levels from 56% to 61%, well above our portfolio target. In addition, measures such as site engagement with our customers and the provision of information, newsletters and posters, have made environmental impact a key area of focus for them. Our action plan will continue into next year with the roll-out of LED lighting, Green Leases and energy dashboards to further reduce the building’s impact.
CASE STUDY: Investing in our people
Tim Balsom, Senior Building Surveyor, recently completed his MBA in Real Estate and Construction Management. The course was undertaken in two and a half years and was fully funded by Workspace. The course has enabled Tim to expand on his knowledge of property and construction, improved his construction management skills, allowing him to manage larger design teams, and helped him to better understand how the Company chooses its development projects. Following the course, redevelopment will now become part of his role. The Company supported Tim financially but also gave him the necessary time off to complete his studies and provided additional support in the form of colleagues sharing their expert knowledge. Tim’s completion of the course benefits Workspace as well, as he will be able to make a greater contribution to the continued expansion of the development programme, which is a major driver of asset value and income.
CASE STUDY: Working with our partners to reduce environmental impact
A requirement on all Workspace construction projects over 2,000m2 is that principal contractors divert at least 75% of the weight of non-hazardous demolition waste and 90% of construction waste from landfill. In the past year we have had three schemes exceed this requirement, with ScreenWorks in Islington, The Light Bulb in Wandsworth, and Grand Union Studios in Kensal Rise, all achieving more than 99% non-hazardous waste and materials landfill diversion.
We also require Considerate Constructors Scheme (CCS) registration on all major development and refurbishment sites, targeting a score of at least 34/50. We achieved a score of 41/50 at The Light Bulb scheme (excellent-exceptional) and 43/50 at Grand Union Studios (exceptional), with both schemes receiving ‘Performance Beyond Compliance’ certification from CCS.
We also aim for BREEAM certification, with the ScreenWorks and The Light Bulb schemes achieving BREEAM Very Good. We have three schemes in development also targeting BREEAM, with Grand Union Studios and Barley Mow designed to Very Good, and Hatton Square Business Centre designed to Excellent.