Strategic Focus: Strategies, Technologies And Tools To Unlock Commercial Retrofits
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Executive Summary
The real estate industry is facing a major challenge in scaling up retrofits to the required rate: deep retrofitting rates must more than double if the industry is to achieve net zero by 2050. Many of the technologies required to transition buildings to net zero are already available, meaning that the issue facing the industry is one of enablement, rather than innovation. The balance of risks and opportunities must swing in favour of retrofitting to accelerate progress. This report helps building owners understand how evolving drivers and barriers are working simultaneously to both encourage and throttle retrofitting. It explores key retrofit principles, to deliver a deeper understanding of risks and opportunities, and outlines those technologies supporting successful retrofit project designs and delivery.
Table of contents
Summary for decision-makersThe landscape around retrofits is evolving as pressure to decarbonize builds
New opportunities are emerging in building retrofits, amid the growth of green finance, regulations and carbon-consciousness
Commercial viability continues to create delivery issues for retrofits, despite increasing interest
Strategy tips and emerging technologies to retrofit at scale
Five principles to guide successful retrofit projects
An array of technologies and services is unlocking the door to scaling up retrofits
Tech is revolutionizing retrofits to be faster, cheaper and less disruptive
Table of figures
Figure 1. Traditional drivers and barriers to building retrofitsFigure 2. Retrofit project types and purposes
Figure 3. Maximizing retrofit efficiency
Figure 4. Stages of facilities manager and operations team involvement in capital projects
Figure 5. Additional data and forecasting are required to make the business case for retrofits
Organisations mentioned
ABB, Alasco, Altus Group, Arup, Autodesk, BAE Systems, Boston Dynamics, CBRE, Cerclos, CFP Green Buildings, Cheung Kei Group, City of New York, Deepki, Empire State Building, Empire State Group, English Heritage, European Central Bank (ECB), EVORA Global, FARO, GRESB, Hines, Howard De Walden Estate, HSBC, International Energy Agency (IEA), JLL, Knight Frank, KODE Labs, LS Estates, Lumen, Matterport, McKinsey & Company, Measurabl, Metrus Energy, MRI Software, NavVis, Nemetschek Group, One Click LCA, Orms Designers & Architects, Plowman Craven, re:sustain, RICS (Royal Institution of Chartered Surveyors), RMI (Rocky Mountain Institute), Schneider Electric, Siemens, SiteScape, The Standard Hotels, ThoughtWire, Topcon Positioning Systems, Trigrr, Trimble, Truebeck Construction, University of Nottingham, US Department of EnergyAbout the authors
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