Knight Frank backs 100% renewable power!

Knight Frank, a major business customer and leading independent global consultancy, has contracted to purchase only 100% renewable electricity for its properties under management.

Knight Frank has entered into a contract with Total Gas & Power to purchase only 100% renewable power for its properties under management until 2021. Over the term of the contract, Knight Frank’s properties will use over 360,000,000 KWH (or 360 GWH) of power at a cost of over £75M.

Knight Frank’s commitment to providing 100% renewable power will lead to a reduction of over 100,000 tonnes CO2e by 2021, the equivalent to taking nearly 17,000 cars off the road throughout the contract.

David Goatman, Partner and Head of Energy and Sustainability EMEA at Knight Frank said:

“We are delighted to have entered into this new contract. Alongside our initiatives to drive energy and resource efficiency in the buildings that we manage, procuring our power from renewable sources is a visible and meaningful commitment to responsible property asset management. This procurement is wholly supported by our clients and occupiers and is a clear example of us playing our role in reducing the substantial carbon emissions associated with the UK commercial real estate sector each year.”

Knight Frank fast facts:

• Founded in 1896
• Headquartered in London
• 523 offices in 60 territories
• More than 18,000 people employed.
• Handle in excess of US$817 billion (£498 billion) worth of commercial, agricultural and residential real estate annually

For any further information please contact Henry Martin, National Account Manager – Major Business Direct Sales.