Cost model: Zero carbon offices

By Brian Smith and David Thornley

UK offices could well become the standard-bearers for innovative carbon-cutting practices – here Aecom provides a cost breakdown of a typical low carbon office scheme

01 / Introduction

The UK construction industry is facing a watershed moment. While reducing carbon has been on the agenda for years, the goal of achieving net zero is now gaining unstoppable momentum. Quality, cost and time were once the three essential factors to manage in order to successfully deliver a project: carbon has now been added as a fourth.

The UK leads the world in carbon-cutting commitments: as a nation it has a legally binding deadline for achieving net zero emissions by 2050. In April 2021 another target was introduced, as the government legislated to cut emissions by 78% from 1990 levels by 2035.

Meanwhile prime London office tenants, developers, real estate investors and their shareholders are driven by their own ambitious environmental, social and governance (ESG) agendas. Corporations and institutions are increasingly opting for even more ambitious targets than those of the government, with 2025 and 2030 net zero deadlines now commonplace.

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