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‘Green’ offices in London are over 25% more expensive. But a modern workforce now expects it
A fifth of the world’s biggest companies have committed to reaching net-zero carbon emissions, according to analysis by the Energy and Climate Intelligence Unit, and a large portion of those emissions come from the workplace. Demand for sustainable offices is high, which means prices are, too. In fact, there is now a 26% gap in sale prices between London buildings with sustainability ratings from organizations such as BREEAM and LEED and those without, according to data from analytics company MSCI. That’s known as the “green premium.” On the flip side, less environmentally friendly, typically older, buildings ... (full story)