CUBE competition reducing energy by 15%

by Johnny Clayton on Tuesday, 8 November 2022

By Sophie Eastwood, Director of YEP and MD of Holistic and Holistic Insight

Over a year ago, YEP Global became an early supporter and endorser of the CUBE competition, the UK’s first competition designed to drive down energy use in commercial buildings. It kicked off in March and, through occupier and landlord collaboration, along with gamification, it is changing behaviours to save energy.

Sophie Eastwood, Director of YEP and MD of Holistic and Holistic Insight

Already established in France for six years, the competition has been a huge success saving anywhere between 15% and 55% in energy for participants including BNP Paribas and Orange.

Impressively, after just six months, participants are already on a run rate to achieve over 15% savings, with the top 5 performers on track to save over 30%. In total, over 15GWh of energy has been saved so far (enough to power 3,500 UK homes for a year) and saving buildings over £4 million to date.

In a time of energy crisis and escalating costs, there are benefits beyond carbon emission reductions – it couldn’t be more relevant. 

For the UK’s first season, CUBE has buildings ranging from small grade II listed buildings to iconic skyscrapers like the Walkie-Talkie and the Cheesegrater, which shows the breadth of building types taking part. Participants include Landsec, Stanhope, Howard de Walden, Deka, Nuveen, TOG, Workspace, RO Group, Workspace, XLB Property, Frasers Property, Savills, and BNP.

The genius is that it’s the buildings and not the companies that compete. They are benchmarked against their own baseline so it’s all about improvement. This also means any building can compete, no matter how well it’s performing – new, existing, listed, city centre or regional, UK-wide.

The organisers of the competition, strategy consultancy Ampersand Partners, have taken this on as an impact project and, as the savings show, it’s working!

With my Holistic hat on I am delighted to say that we were given the opportunity to work with CUBE and it has been a career highlight for me. We have supported CUBE since its launch in the UK. We’ve publicised it in titles such as EG, told our network about it and gathered endorsements from the likes of Shirley Rodrigues, Deputy Mayor of London as well Climate Champion Nigel Topping and the President of the European Chapter of SIOR Europe.

They now need a dedicated Programme Manager to continue to implement CUBE so it can have the greatest possible impact; ideally someone with a bit of real estate experience looking to pivot into sustainability. They have put this outline on LinkedIn for anyone interested in working on this year’s competition and preparing for the next. 

We want to get excitement building for the results of year one and the start of year two. It’s COP27 and the world hasn’t achieved what was needed yet. So, we at YEP want to spread the word about this great initiative and get more and more buildings to enter so that together we can make a big impact.

If you are or indeed know a landlord, occupier or managing agent, CUBE needs you! Get in touch here.

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