We established the Broadgate Environmental Working Group in 2004 to provide a forum for Broadgate’s occupiers to improve environmental performance and awareness. It now consists of representatives from British Land, Broadgate Estates and occupiers including Baring Asset Management, the European Bank for Reconstruction and Development, Henderson Global Investors, Herbert Smith, Royal Bank of Scotland and UBS.
At the Working Group meetings, occupiers often benefit from opportunities to discuss environmental issues with each other and with people from organisations such as Arup and the City Property Advisory Team at the City of London. Broadgate Estates has also provided all occupiers in the Working Group with a simple list of tips on how to reduce energy consumption.
In 2006 members of the Working Group gathered data on waste, recording how much was recycled, how much went to landfill and how much was incinerated. This data was then analysed on a per head basis for offices and a per square foot basis for retail. A more coordinated approach to waste management, combined with the installation of cardboard balers and a glass crusher, increased recycling from 40% to 46%.
In 2007 the members of the Working Group are continuing to gather data and are working towards targets to reduce waste per head by 5%, increase recycling of waste to 51% and reduce the proportion of waste to landfill from 34% to 14%.
We are keen to introduce similar occupier forums at other properties across our portfolio. For instance, we are working with occupiers at Teesside to improve waste management, and at Regent’s Place to develop an inclusive events programme.
“As an organisation we feel strongly about corporate social responsibility. We had felt in the past that we were going it alone, but this is totally different now. We are supported by British Land. They have engaged with us directly and encouraged the whole of the Broadgate community to act as a group.”
“Corporate social responsibility is a growth area which will continue to evolve, particularly in shopping centres and new developments. More joint initiatives between occupiers and British Land would help.”
Broadgate London EC2 is the premier City of London office estate.