Minimising the environmental impact of existing buildings is one of the most demanding sustainability issues currently faced by the property sector. Many Cadogan properties are ‘Listed’ as having historical significance or lie within conservation areas. This creates an additional challenge as these classifications place restrictions on our ability to make significant alterations.
Despite the challenge we are committed to working towards reducing the environmental impact of our portfolio. This is not a goal that can be achieved overnight. Hence we have developed a long-term strategy which will continue to evolve over time, driving us toward achieving this objective.
In order to ensure that the Cadogan Estate remains a destination of choice for those working, living and visiting it we also work hard to balance its heritage with the requirements of modern day life. We therefore also undertake new developments and major refurbishments in the area. Cadogan is committed to building to the highest environmental standard where feasible and viable. We have made the following formal commitments to the environmental performance of our portfolio:
- All 'Major' developments and refurbishments on the Estate will be assessed against environmental standards with the Estate targeting a minimum of BREEAM Excellent for new builds and BREEAM Very Good for all major refurbishments
- All 'minor' developments will be assessed against EPC standards with a target set to deliver the highest EPC rating possible within the financial and external constraints of the project
- In order to minimise inconvenience for the communities within the Estate all contractors used by The Cadogan Estate on 'major' developments are required to register with the Considerate Constructors Scheme and strive to achieve a minimum rating of 38/50
- Across the business residential portfolio, Cadogan has to set formal targets to increase the EPC ratings of the building on its Estate year on year
- The business has set an internal target to reduce the amount of carbon consumed by its office portfolio annually. This program has been initiated with 5 office buildings to date and will be expanded to include further buildings in the coming year
- The Estate is a full participant in the Carbon Reduction Commitment scheme and is therefore measuring, monitoring and actively seeking ways to reduce its energy consumption across its portfolio