Our built environment contributes to a significant portion of global carbon emissions. In the UK alone, it makes up 25% of the market’s carbon emissions, most of which arise from existing, outdated, and underperforming buildings. Since 80% of current buildings will likely still be in operation by 2050, decarbonising existing stock is a significant challenge to meeting Net Zero commitments.
Across the EU and beyond, regulations around sustainability are tightening. They reiterate the need for financial institutions and businesses alike to better understand the synergy between futureproofing their organisation and taking climate action.
Veronika Thieme
Associate Director, Europe, The Carbon Trust
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