The greening of commercial leases

Purpose - This paper seeks to consider how policy changes may drive a change in leasing practices, in order to reduce environmental impact (particularly carbon dioxide emissions) from the commercial building stock. Design/methodology/approach - In many countries, including the UK, environmental poli...

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Main Authors: Hinnells, M, Bright, S, Langley, A, Woodford, L, Schiellerup, P
Format: Journal article
Language:English
Published: 2008
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author Hinnells, M
Bright, S
Langley, A
Woodford, L
Schiellerup, P
Hinnells, M
author_facet Hinnells, M
Bright, S
Langley, A
Woodford, L
Schiellerup, P
Hinnells, M
author_sort Hinnells, M
collection OXFORD
description Purpose - This paper seeks to consider how policy changes may drive a change in leasing practices, in order to reduce environmental impact (particularly carbon dioxide emissions) from the commercial building stock. Design/methodology/approach - In many countries, including the UK, environmental policy (particularly on carbon dioxide emissions from energy use) is beginning to impact on the commercial property market. This paper explores barriers to improved performance, two models for greening leases (a light green and dark green approach) based on work by the authors from Cardiff University and the Australian government, as well as how tenanted buildings can be managed "more greenly". It then explores how green leases may penetrate the market. Findings - The conventional relationship between the landlord (as building owner) and tenant (as occupier) largely neglects environmental considerations. However, change may be rapid, disruptive and challenging. Originality/value - The paper lays out some of the issues, solutions, and pathways for the commercial property industry.
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spelling oxford-uuid:c56160b4-8663-461e-bcee-7c6b4553519c2022-03-27T06:30:24ZThe greening of commercial leasesJournal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:c56160b4-8663-461e-bcee-7c6b4553519cEnglishSymplectic Elements at Oxford2008Hinnells, MBright, SLangley, AWoodford, LSchiellerup, PHinnells, MPurpose - This paper seeks to consider how policy changes may drive a change in leasing practices, in order to reduce environmental impact (particularly carbon dioxide emissions) from the commercial building stock. Design/methodology/approach - In many countries, including the UK, environmental policy (particularly on carbon dioxide emissions from energy use) is beginning to impact on the commercial property market. This paper explores barriers to improved performance, two models for greening leases (a light green and dark green approach) based on work by the authors from Cardiff University and the Australian government, as well as how tenanted buildings can be managed "more greenly". It then explores how green leases may penetrate the market. Findings - The conventional relationship between the landlord (as building owner) and tenant (as occupier) largely neglects environmental considerations. However, change may be rapid, disruptive and challenging. Originality/value - The paper lays out some of the issues, solutions, and pathways for the commercial property industry.
spellingShingle Hinnells, M
Bright, S
Langley, A
Woodford, L
Schiellerup, P
Hinnells, M
The greening of commercial leases
title The greening of commercial leases
title_full The greening of commercial leases
title_fullStr The greening of commercial leases
title_full_unstemmed The greening of commercial leases
title_short The greening of commercial leases
title_sort greening of commercial leases
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