Green Buildings Tool
Exclusive access to an insight tool that helps clients optimise potential energy efficiency investments in their property portfolio depending on sustainability, investment and cost-saving priorities.
At Lloyds Bank, we care deeply about sustainability both in our own operations and in how we can help our customers become greener. While each business will be at a different stage when it comes to their own transition to a low carbon future, we are investing in a number of areas to support our clients.
As we strive to be a leading UK bank for sustainability, announcing earlier this year our ambition to reduce the emissions we finance by over 50% by 2030, we are pleased to offer clients who own or rent property portfolios of any size, free access to our recently launched Green Buildings Tool - a powerful insight tool that Lloyds Bank has secured exclusive rights to within the UK until the end of the year*.
*Lloyds Banking Group has secured exclusive rights to the Green Buildings Tool within the UK Financial Services sector, until the end of 2020. Lloyds Banking Group includes companies using brands including Lloyds Bank, Halifax and Bank of Scotland and their associated companies.
What is the Green Buildings Tool?
The Green Buildings Tool is a digital insight tool that enables you to identify, evaluate and understand the estimated outcomes of potential investments to make your property more sustainable and energy efficient.
A database and calculator, the tool can analyse how a range of energy-saving initiatives could affect the projected energy performance certificate (EPC) rating of the building, and reduce CO2 emissions. It reveals which initiatives and/or properties offer the most potentially impactful business case, depending on your objectives, prior to engaging in detailed sustainability planning.
“The Green Buildings Tool is an intuitive and powerful tool that helps to analyse cost-effective strategies and interventions to improve the energy performance of individual properties and portfolios.”
Ivan Rodriguez, Sustainability Director, Bridges Fund Management
How does it work?
Built in association with sustainability consultancy CFP Green Buildings, the Green Buildings Tool calculates potential savings by combining benchmark data from CFP’s expert system with best practices in the areas of technology, operations, maintenance and management.
An easy-to-navigate dashboard generates a tailored recommendation of up to 49 cost-saving measures that could be taken to improve the green credentials of a property, based on the information provided about the building in question, whilst drawing on the information from CFP’s expert systems.
These measures can be filtered by:
- potential impact on the EPC rating
- investment required
- estimated payback period
- annual savings.
The tool is designed to be updated when measures are implemented or are not applicable, so that a clear view of the property portfolio is always available to review. The tool is intuitive and interactive providing live updates to estimates as measures are selected.
What’s the benefit of the tool?
Assessing the opportunity for making energy-efficient improvements in buildings is an essential activity for landlords, owner occupiers or tenants at various stages of a property’s lifecycle, for example prior to purchase, during renovation, or as part of scheduled maintenance.
The tool provides a mechanism for our clients to do this, on a single property through to larger property portfolios, in a cost-effective and insightfully granular way.
- Build a business case for sustainable investment; leverage the metric-rich output from the tool to define sustainability strategy, prioritise actions and achieve support of the wider business.
- Understand impact at various levels; every measure, building and building portfolio is assigned a quantifiable business case value, with details of investment, savings, CO2 reduction and time to recoup costs.
- Save costs associated with assessments; gain insight into various sustainable measures at a fraction of the price of an on-site assessment.
“The tool’s ability to process information on one property through to a large portfolio of properties quickly is invaluable, distilling data into easy-to-navigate business cases.”
David Willock, Managing Director, Sustainability and Structuring, Real Estate and Housing, Lloyds Banking Group.
Important legal information
The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc and Lloyds Bank Corporate Markets plc are separate legal entities within the Lloyds Banking Group.
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Lloyds Bank is a trading name of Lloyds Bank plc, Bank of Scotland plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no.2065. Bank of Scotland plc. Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Lloyds Bank Corporate Markets plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 10399850. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278, 169628 and 763256 respectively.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.