June 3, 2021
Fiera Real Estate (“FRE UK”) is proud to announce that the firm has achieved the Planet Mark Year 2020 Business Certification. The firm announced that it had partnered with Planet Mark earlier this year to better understand the business’s carbon footprint and social impact value.
The Planet Mark Business Certification is an internationally recognised sustainability certification for businesses acknowledging continuous progress, encouraging action and building an empowered community of like-minded individuals.
At FRE UK, we recognise the role we, and our managed funds play, in supporting the Government’s net zero carbon target of 2050. Partnering with Planet Mark represents a key milestone in our commitment to environmental excellence and supports our transition to net zero carbon.
Over the past year, we have been working on minimising our carbon footprint and together, with the support of Planet Mark, we are committed to reducing our emissions by a minimum of 2.5% in 2021, This takes into consideration our current carbon emissions which were reduced over 2020 due to the home office environment. We endeavour to increase this target from 2022, once we have established consistent operating patterns following COVID-19. This baseline, as well as continued measurement of our carbon footprint, enables us to build our pathway to net zero carbon.
Through Planet Mark we have protected an area of endangered rainforest thanks to Cool Earth charity working alongside rainforest communities to halt deforestation. Our pledge through Cool Earth goes directly towards supporting the Asháninka community in Central Peru.
Through our commitment to Planet Mark we are also helping the Eden Project – an educational charity building connections with each other and the living world, exploring how we can work together towards a better future.
We are committed to using our influence to drive further change in the industry and believe that working together is imperative to seeing this change. So far two of our eight operating partners, Wrenbridge and Danescroft have committed to undertaking their own certification towards reduced carbon emissions. We are delighted to have introduced Danescroft and the acre of rainforest that has been planted in our name through Cool Earth for encouraging others to join the Planet Mark community.
Emma Cullen, Chief Operating Officer at Fiera Real Estate, commented “This Planet Mark certification demonstrates FRE UK’s commitment to addressing climate change by running a sustainable operation and working to negate our carbon footprint.”