Nine in ten estate and letting agents have no net-zero policy

More than a quarter of estate and letting agents (27%) see sustainability as a ‘box-ticking exercise’ and almost nine in ten firms (87%) don’t have a net zero strategy for reducing their carbon emissions, reveals a report from home setup service Just Move In.

However, more than half (54%) believe the issue is becoming more important for the industry, with only a third of agents (35%) believing their firm is currently sustainable enough, found the Getting Our House In Order report, which questioned more than 150 UK agencies. 

Many agents realise the benefits of sustainability in boosting their reputation and bottom line. Almost three fifths of agents (58%) thought that being eco-friendly could improve profitability, and two thirds (66%) say that poor green credentials would harm the business.

Following on from last year’s Sold On Sustainability guide, which offered agents practical help and advice, the new report looks into agents’ performance in six key areas: energy use, waste, recycling, the office environment, transport, and initiatives. 

The best adopted sustainability practices by agents include using digital apps to share files, encouraging the use of e-brochures to reduce paper waste, using video calls to minimise travel, switching to energy efficient light bulbs, and using reusable cups and bottles.

MeasureAdoption
Use digital apps to share files91%
Encourage digital brochures to save paper89%
Use video conferencing to cut travel85%
Use energy efficient light bulbs83%
Use reusable cups and bottles83%
Five best adopted eco-practices by agents

The least used measures include using eco-friendly cleaning products, switching to a green energy supplier, choosing energy-efficient appliances, getting a smart electricity meter and using recycled paper.  

MeasureAdoption
Use green cleaning products33%
Use a green energy supplier43%
Consider energy rating when buying appliances45%
Use a smart electricity meter45%
Use recycled paper54%
Five least adopted eco-practices by agents

When it comes to transport, one in six agencies (16%) have electric company cars, and a fifth of firms have hybrid vehicles (20%). A third of agents (36%) said members of their team cycled to work, and three in ten (29%) said they used public transport when necessary.

A quarter of agents (26%) always consider eco-credentials when choosing a supplier, with the same amount (26%) never doing so. About half of agents (47%) sometimes take them into account.

With the Climate Change Committee warning that the UK won’t meet its legally binding climate change targets unless it eliminates greenhouse gas emissions from buildings, the report stresses how agents can play an important role in reducing households’ environmental impact. 

The report is part of Just Move In’s on-going Agents For Sustainability campaign, which is leading the fight against climate change in the domestic property sector. Just Move In heads up the campaign, which has received support from Hamptons, Agents Together, The Negotiator, and B Lab. 

The report offers agents practical tips and underlines the business benefits of an eco-friendly approach. Sustainable strategies like cutting waste and identifying efficiencies can boost productivity and profits. Sustainability also offers excellent PR opportunities and helps agencies to attract new customers and recruit and retain staff.

Ross Nichols, co-founder of Just Move In, said: “Estate agents and letting agents are on the front line in the battle against climate change and have a great opportunity to influence customers to embrace sustainability.

“It’s also important for the industry to get its own house in order, and it’s shocking that only one in nine agencies have a net-zero strategy in place. 

“There are some easy wins for agencies, with less than half of firms switching to a green energy supplier and using a smart electricity meter. These changes make a big difference and are the first steps towards helping the industry embrace net zero.” 

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