Savills launches energy and sustainability management department

/ EdgeProp Singapore |
Samuel Han leads the new energy and sustainability management department at Savills Singapore (Picture: Savills Singapore)
Join our  Telegram  channel and follow our  Facebook  for the latest update.
SINGAPORE (EDGEPROP) - Savills Singapore has announced the launch of an energy and sustainability management (ESM) department in response to the increasing demand for green properties. The increased demand comes amid rising public awareness of sustainability and the implementation of Singapore’s Green Plan 2030 to achieve net-zero carbon emissions.
The department will provide energy and sustainability-related solutions to building owners, occupiers, and real estate investors who are looking to reduce operational costs and embodied carbon footprint while maintaining asset relevancy.
“Whilst many asset owners, occupiers and real estate investors feel the urgency and demand for green properties, they may not understand how to get there,” says Samuel Han, energy and sustainability lead of energy and sustainability management at Savills. “Our goal is to be their choice consultant to take them step-by-step to green their properties and achieve their sustainability targets.”
Advertisement
Sam Crispin, regional head of sustainability and ESG at Savills Hong Kong, remarks that for many companies, embedding sustainable practices can be challenging when there are vertical silos or separate entities within the organisation. To that extent, education, leadership and a diplomatic approach are needed to ensure compliance while securing “buy-in” from different business units.
Crispin also highlights that landlords should consider introducing green leases, which can promote mutually beneficial energy saving and waste reduction in collaboration with tenants. “In much of Asia, the reality is that green leases may not be included in the legal documentation at all but be part of a voluntary arrangement between landlord and tenant. A more collaborative approach to landlord/tenant relations is important for both in meeting ESG goals," he explains.
Meanwhile, Marcus Loo, CEO of Savills Singapore, believes that with ESM onboard, Savills is empowered with more capabilities to provide a full suite of services to its clients. “ESM will be complementary to our other business lines 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,” he continues.

Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
EdgeProp Telegram
EdgeProp Facebook
Subscribe to our newsletter

Our Site

Popular Projects

Condos

Landed

Commercial

Industrial

Edgeprop.sg (previously known as The Edge Property Singapore) is the best property portal for real estate agents, investors, home-seekers and sellers alike in Singapore. On EdgeProp, you will be able to find the latest and hottest property news, property listings, and access tools for your research and analysis.

Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDBs, landed houses, commercial properties or industrial properties, we bring you Singapore’s most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions. Click into any listing to check out the new AI Redesign tool to envision your property based on your preferred style, be it Scandinavian, Minimalist or many others.

View More