Sustainability
The New-build myth
THE FULL CARBON STORY
The greenest buildings are the ones we don’t knock down.
There is a misconception that new buildings are greener than existing buildings. The carbon emissions and waste caused by a new-build construction are rightly coming under increasing scrutiny from policymakers.
We believe the answer to decarbonisation and tackling climate change is the retention and upgrading of existing buildings, and running all buildings on renewable energy, rather than fossil fuels.
Our analysis shows that new-builds emit +247% more carbon than refurbished buildings over a 10-year lease and 40% more carbon over a 60-year lifecycle.
THE ANSWER
Unnecessary new-build construction is wasteful and resource intensive.
The UK loses more than 50,000 buildings a year through demolition and 62% of the UK’s waste is from construction (138 million tonnes).
Just three materials - concrete, steel, and aluminum – are responsible for 23% of total global carbon emissions.
The facts about new-builds
OUR BELIEF
It is through our restoration of Martins’ existing fabric alongside the transition to 100% renewable energy, that we see this iconic building stand as a leading example of the lightest carbon option for our tenants.
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Martins was built to send a message to the world. One of excellence and pride. Our restoration follows the same thesis. Purposed to revive the city’s beloved landmark as a platform for leading companies, playing a pioneering role on the world stage.
A monumental moment in history
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