Octopus Real Estate: Everyone benefits from greener, sustainable real estate

Posted by The Landsite on 10th March 2022 -

This message was posted by The Landsite on behalf of Octopus Real Estate

The built environment accounts for around 40% of global carbon emissions, more than industrial production and transportation combined. The figure is lower in Europe, at 25%, but even that needs to fall significantly if the world is to hit net-zero targets. Not only must buildings become more energy efficient, but they must be resilient to the impacts of storms, floods and extreme temperatures.

We are fully behind industry efforts to place the ‘E’ in ESG at the heart of real estate; it simply makes good financial sense. Buildings that are more efficient in their construction and energy use are cheaper to run for their developers and owners, and can provide better returns for the investors who finance them.

At Octopus Real Estate, we recently announced the £175 million Greener Homes Alliance, a partnership with Homes England, the government agency. The alliance offers loans to small and medium-sized housebuilders, constructing high-quality, energy-efficient homes. The higher the EPC rating of delivered homes, the larger the interest rate discount we offer to housebuilders. The highest rated (EPC A) loans will come with an interest rate discount of 2%, a powerful motivator for developers to build better. The scheme also includes free advice from sustainability consultants McBains and from our colleagues at Octopus Energy, the country’s leading sustainable energy supplier.

Click here to see a quick product overview of Greener Homes Alliance here.

If you would like to learn more about Greener Homes Alliance or speak to us about anything else, please visit octopus-realestate.com, or email [email protected].

We look forward to speaking to you!