L&G launches retailers’ guide to sustainability
Published: 22 June, 2011
Guide aims to help retail and leisure tenants understand the environmental impact of property
Inspiring occupiers to accept that they have an important part to play in carbon reduction and educating them on the real and significant cost savings that can be achieved through simple but critical changes to the running of a property, the guide aims to forge a link between landlords and tenants in tackling change.
It is broken down into seven key categories of sustainable action, namely waste management, energy, buying goods and services, paper, water, travel, and corporate and social responsibility.
Culminating in a list of next steps, the guide highlights major success stories of retail initiatives that have already been put in place, such as at Ealing Broadway Shopping Centre where, by improving recycling, it halved the total waste disposal costs of the centre.
Similarly, there is a case study on Midsummer Place in Milton Keynes, where, by making a simple but significant change to its cleaning operations, it reduced its service charge costs by a total of £80,000 pa and its utility use by 25 per cent.
