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| 1 minute read

Energy-inefficient properties could burn £370m hole in pockets of London businesses

In a recent report highlighted by City A.M., the financial toll of energy-inefficient stock on London businesses is brought to the forefront. The study suggests that outdated energy systems in commercial buildings could create a substantial £370 million burden for businesses in the capital. 

The findings underscore the pressing need for businesses to re-evaluate their energy infrastructure. Outdated systems not only contribute to environmental concerns but also pose a significant financial risk. Not only does modernising energy systems play a crucial role in reducing long-term operational expenses and increasing overall efficiency, but energy efficiency credentials are becoming increasingly influential in the decisions made by lenders, investors and occupants alike. Consequently, buildings with suboptimal energy ratings face the risk of becoming stranded assets if they do not undertake the necessary upgrades to meet the requisite Energy Performance Certificate (EPC) ratings. 

This insight sheds light on the intersection of sustainability and financial health for businesses. It serves as a wake-up call for companies to consider the broader implications of their energy choices, not only in terms of environmental impact but also in safeguarding their bottom line. 

In the dynamic landscape of business, staying abreast of such risks and proactively addressing them is key to long-term success. As London businesses navigate this intricate terrain, the report serves as a valuable reminder to prioritize sustainability initiatives and embrace energy-efficient solutions, mitigating both environmental impact and potential financial strains.

Energy-inefficient properties could burn £370m hole in pockets of London businesses


real estate, epc ratings, energy efficiency, esg