Capital & Regional bags GOLD award with Mayor of London Business Energy Challenge

Capital & Regional is pleased to announce that it has received a Gold award in the Mayor of London's Business Energy Challenge 2015. It has been recognised as one of the top 10% of businesses making the greatest reduction in carbon intensity, with both The Mall Wood Green and The Mall Walthamstow performing strongly.

The main award is based on the percentage of energy consumption data per metre squared for a business's London property portfolios from a baseline year (2010-2011) to a challenge year (2014-15). The percentage reductions of entrants were then ranked according to the greatest decrease.

Energy savings demonstrated by Capital & Regional included:

• A reduction in energy of over 40% in the last 10 years at The Mall Wood Green;
• A lighting project at The Mall Walthamstow that resulted in energy savings of over 40% p.a.

This award is the latest accolade to be given to Capital & Regional in addition to other achievements in 2015 including a Carbon Trust accreditation, GRESB Green Star Status and the company placing second in the Real Estate Environmental Benchmark.

The Mayor of London's Business Energy Challenge awards provides businesses with an excellent opportunity to showcase its drive to energy efficiency and highlight measures which have been put in place to cut to carbon emissions.

Mark Bourgeois, Executive Director at Capital & Regional, said: "This is a great achievement for Capital & Regional and also for our teams who have worked really hard to deliver sustained energy savings. This prestigious award demonstrates our deep level of commitment in creating sustainable environments and reducing emissions across the portfolio."

The Business Energy Challenge is a call to action to London businesses to become more energy efficient and reduce their carbon footprint. The data collected will be used by the GLA to help improve their understanding of buildings, energy use and carbon dioxide emissions.