Sustainability will be at the heart of everything we do and deliver for Fitzrovia during the next BID term. The United Nations reports that cities consume 78 per cent of the world’s energy and produce more than 60 per cent of greenhouse gas emissions. Consequently, how we do business in Fitzrovia can make a difference to the Carbon Net Zero and wider sustainability agenda.
Heightened awareness of sustainability is also affecting consumers’ purchasing choices and can be a factor in where businesses choose to locate, increasingly selecting property location based on the environmental performance of a building. Rising commodity prices and supply chain uncertainties are affecting business performance and viability. Consequently, there is also a strong business case for migrating to sustainable ways of operating across the whole of Fitzrovia.