Savills launches energy and sustainability management department
Savills Singapore’s Energy and Sustainability Management (ESM) department has been launched to meet the rising demand for green properties. This comes as a result of growing public awareness of sustainability and Singapore’s Green Plan 2030, which seeks to reach net-zero carbon emissions. With ESM, Savills is providing energy and sustainability-related solutions to building owners, occupiers and real estate investors, helping them reduce operational costs and embodied carbon footprint while remaining asset-relevent.
Samuel Han, Energy and Sustainability Lead of ESM at Savills, notes that while many organisations feel the urgency to move towards greener properties, they may not know how to start this process. “Our goal is to assist and guide them through the steps needed to green their assets,” he says.
Sam Crispin, Regional Head of Sustainability and ESG at Savills Hong Kong, comments that education and leadership are often necessary to ensure the process is followed and all relevant parties get “buy-in”. He further notes that landlords should consider introducing green leases in order to collaborate with tenants in energy and waste reduction.
Marcus Loo, CEO of Savills Singapore, believes that with ESM, Savills has the capability to offer a complete range of services to its customers. He says, “ESM will be complementary to our other business lines Champions Way Condo as asset owners across multiple asset classes continue to grapple with challenges to reduce their carbon footprint and enhance value of their asset in today’s world”.
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