“The next step in active property management: digging into the BMS and engaging with occupiers and technical teams to fine tune property management”
Purpose of the project
2 Cavendish Square compared poorly to other Hermes assets in the Better Building Partnership’s Real Estate Environmental Benchmark (REEB) despite numerous active management initiative and refurbishments over the last 5 years. In order to significantly reduce energy consumption on site, analysis at the component level was required.
Approach
Working with managing agents JLL, Carbon Credentials implemented our “Collaborative Asset Performance Programme” (CAPP) to improve the management of site plant and equipment with the goal of making energy and carbon savings. PP has a three stage process with Diagnostic, Implementation and Monitoring and Control phases.
Implementation
In the Diagnostic phase, a data capture device is installed and there is engagement with Facilities Management (FM) teams, Mechanical and Electrical (M&E) and BMS Engineers as well as building managers, owners and tenants. Most will have a role in improving the performance of the building in the Implementation phase. In the Monitoring and Control Phase, Carbon Credentials is ensuring that the savings are maintained and the site is monitored for fault detection, comfort management and wellbeing improvement. This monitoring has resulted faults being quickly detected and remedied in a fraction of the time.
Results
VERIFIED ENERGY SAVINGS: Programme drives 18% reduction in Natural Gas usage, verified through integrated M&V process.
ENGAGED STAKEHOLDERS: Technical stakeholders and site occupiers are engaged as part of the solution.
COMFORT AND WELLBEING: Data can be used to improve comfort and increase productivity of occupants on site.
A Budding Interest in Health and Well-being in Real Estate
Incorporating health and well-being into real estate design takes time and investment. Why, then, do companies make the effort? To find out, we spoke with Elena Cernov, Sustainability Consultant at Schneider Electric Energy & Sustainability Services.
Many leading global businesses would regard the introduction of well-being initiatives as a normal element of their high operating standards, with leading financial institutions and the tech giants setting the standards.
…is high returns at low risk (volatility). Sure, that’s the starting point and so-called fiduciary duty of pension funds, insurance companies, and the investment managers that invest their capital. But increasingly, investors also want the companies and funds that they invest in to show what these investments do when it comes to environmental, social and […]
