The property industry has a huge impact on the wider environment with UK buildings estimated to account for around 30% of the UK’s carbon emissions. There has been a push in recent years to reduce the environmental impact and a lot of this has been driven by investors taking a real interest in integrating climate change considerations into property assets.
It is encouraging to see that property companies are looking at innovative new products which not only improve sustainability and the environmental impact of the surrounding area but also bring health benefits to those that occupy and use their buildings. The news that Grosvenor have adopted a ground-breaking new paint product which is designed to purify air and reduce pollutants as well as killing bacteria and certain strains of influenza is especially welcome during the current global pandemic and climate crisis.