We are delighted to welcome three new members to the Better Buildings Partnership. Cadogan, City of London and Invesco Real Estate, bring membership of the BBP up to 42 and the AUM covered to c£270bn. 

Sarah Ratcliffe, CEO at Better Buildings Partnership said: “The BBP continues to build on its strong reputation for bringing property owners together to demonstrate leadership, share knowledge and deliver practical guidance for the whole industry. These three new members make an extremely valuable addition to the BBP’s membership and will further strengthen our efforts to improve the sustainability performance of commercial real estate portfolios.”  

Kate Neale, Sustainability Manager at Cadogan said: “We are delighted to be joining BBP to contribute to and promote industry collaboration. As a dynamic asset manager, investor and developer with a 300-year history, stewardship and community are central to our approach – this long-term commitment comes with responsibility to ensure a positive contribution towards a sustainable environment, protecting Chelsea’s unique heritage and supporting a thriving community. The best way to tackle the challenges we face as an industry is in partnership.” 

James Rooke, Head of Energy and Sustainability, City of London said: “We are looking forward to joining the BBP in order to share our experiences with sustainability in the built environment, as well as tap into the experience of other members. As a significant property owner and planning authority we want to provide the right guidance, support and ambition to our community in this area. Joining the BBP is a natural fit, as the activities and aspirations of BBP members complement our own motivations and values.” 

Anna Duchnowska, Managing Director, Head of European Asset Management at Invesco Real Estate said: “ESG is a strategic priority for us as a business, as well as for our investors and the many stakeholders with whom we work. Our business is wholly committed to a global ESG strategy and is looking beyond just ticking boxes in its implementation and measurement. We believe there is merit and benefit to be gained from sharing and understanding best practices with our peers and within our wider industry, as we all have a common goal in the end. We are therefore proud to be joining the BBP to be part of a collaborative body of minds driving the ESG agenda forwards.” 

Cadogan 

The Cadogan Estate is a thriving, cosmopolitan district in Chelsea, London, with a rich history and unique identity. It lies just west of the original City, with Hyde Park to the north, and the River Thames to its south. Covering 93 acres of the Royal Borough of Kensington and Chelsea, it includes prime residential and commercial properties with varied age and architecture, and 15 acres of gardens. With £5.5bn of AUM, Cadogan is a dynamic asset manager, investor and developer with a 300-year history. Their long-term commitment comes with a responsibility to make a positive contribution to its local community and mitigate their environmental impacts, protecting Chelsea’s unique heritage for future generations. 

City of London 

The City of London is the governing body of the square mile with the service and planning obligations that accompany a public authority. The City is unusual in that it is also a major occupier and investment property owner in and around the square mile, with combined public and investment assets of over 1,200 buildings. This covers a significant commercial office portfolio as well as many of London’s iconic buildings such as the Barbican Centre, Guildhall, Mansion House and Tower Bridge. The City of London has the ambitious target of achieving net zero carbon across its Scope 1 & 2 emissions by 2027 and Scope 3 emissions by 2040. 

You can find the City of London’s Climate Action Plans here. 

Invesco Real Estate 

Invesco Real Estate (IRE), is a global real estate investment manager, investing in direct property, real estate debt, and publicly traded real estate securities. IRE benefits as an investment arm of Invesco Ltd, a publicly listed investment manager with over c.$1.3 trillion in AUM. IRE offers a range of investment strategies for both institutional and non-institutional investors. Their strategies invest in the main commercial sectors as well as hotels and multi-family/residential; in equity and debt; listed and direct and across the major global real estate markets. As a contributor to global standards including UNPRI, GRESB and TCFD, IRE incorporates ESG into their investment practices, with a global sustainability policy in place and a system of sharing best practice across the business.