Case Study / 13 Jun 2013

Hammerson

Trucost was commissioned to perform a net benefit analysis of different energy efficient technologies.

Hammerson creates destinations that excite shoppers, attract and support retailers, reward investors and serve communities; destinations where more happens.

Hammerson and Sir Robert McAlpine asked Trucost to weigh up the natural capital costs and benefits of three energy efficient technologies on two different development schemes: solar panels and LED lighting at Southampton’s WestQuay Watermark shopping centre, and gas fired, combined heat and power (CHP) at London’s Brent Cross Cricklewood regeneration scheme. The results will improve understanding of the wider financial benefits and costs of different technologies, leading to more informed, smarter decision-making.

“This work has only been possible through close collaboration and co-operation between teams at Sir Robert McAlpine and Hammerson and we want to share the results of Trucost’s analysis as widely as possible. A better understanding of the natural capital costs and benefits of different technologies will drive more informed investment decision-making. This should  focus attention on technologies that accelerate the transition to more sustainable  buildings and a more sustainable future. This is absolutely essential if we are to avoid the most damaging economic, social and environmental impacts of climate change.”

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