Solar panels with wind farm in background; Solar panels with wind farm in background;

Delivering the EU's Green Deal

Helping to decarbonise our built environment

Helping to decarbonise our built environment

Creating a climate-neutral society in Europe requires urgent action to redefine how we live and work, including the way we power our buildings and our cities, the way we heat our homes and the way we power and use transport.

Setting an ambitious path to become carbon neutral by 2050, the European Green Deal tackles our generation’s most pressing challenge – embracing sustainability to mitigate the impact of climate change.

The EU plan redirects public funding and mainstream private finance to help the world’s second largest economy stop greenhouse emissions in three decades, delivering a more sustainable, inclusive economy. The deal is underpinned by a growing body of transformative legislation and regulatory change, which public and private actors need to prepare for.

How we can help

Arup is helping a broad range of private firms and public bodies to anticipate and prepare for change, leveraging this once-in-a-generation opportunity for change. That means exploring the risks and opportunities, as well as readying assets and portfolios for a decarbonised world.

Our specialist teams across strategy and insights, finance and economics and sustainable investment services help a range of organisations to benchmark sustainable building design and investment strategies, including access to green loans; government bodies to set policy and funding levers to accelerate decarbonisation across sectors; or embedding circular economy principles and decarbonisation of infrastructure and services across their operations.

Explore the EU Taxonomy

Redefining the issues: the EU Taxonomy

Transcending the boundaries of the union, the EU now requires market players and investors to use standardised definitions of what constitutes genuinely sustainable investments through its recently published Taxonomy Regulation, and to comply with standardised processes through the Sustainable Finance Disclosure Regulation (SFDR). Arup’s Advisory Services team is helping clients to explore what the taxonomy means for their business, operationally and commercially, defining business strategies to thrive in this new environment.

Protect investments

Climate change and stranded investments: the time is now

The transition to a lower carbon economy has major implications for asset owners, managers and investors. You need to adequately prepare for the upcoming climate change regulation, to avoid being left with stranded investments and other write-downs or liability risks. Our teams are helping clients to reassess their asset portfolios and investment strategies, to help them align to a more sustainable and commercially viable future. We can assess the carbon risk and provide decarbonisation strategies for your assets, operations and services.

Secure green finance

Funding change: securing green finance

Our sustainability and finance specialists are working with investment funds, asset owners and developers, providing technical assessment and developing guidelines to help them secure access to green financing and loans. As second party opinion providers, we review the asset that will become the object of the loan, helping them meet Green Loan Principles.

Understand Level(s)

Property: new Level(s) of sustainability reporting

Developed by the European Commission, Level(s) is a framework providing a common language to assess sustainability performance in buildings. Adopting a whole lifecycle approach, the framework aims to lead the building sector towards circular economy principles, focused on resource use and environmental performance, and health, as well as cost, value and risk. As well as reviewing the documents and content, Arup is creating the online learning environment and communicating the programme to key stakeholders including investors, property owners, public authorities, policy makers and procurement bodies as well as built environment and sustainability professionals.

Reassess your property

Reassessing your property portfolio

Arup is helping property owners to proactively screen their portfolios for climate-related risks by providing a data-driven, technical and economic assessment of assets at risk and a clear set of prioritised measures to avoid asset devaluation. Aligned with EU sustainable finance regulations and market demand, our assessments are helping clients demonstrate sustainability performance to shareholders and investors. We are already working with a number of clients in Europe, Asia and Australia, including a commissioned to carry out a high-level carbon risk screening on a 150-strong portfolio of office buildings in the Netherlands.