exec: Firms need to cut energy costs in dual-carbon era(图1)

Delegates discuss topics related to dual carbon goals, low-carbon solutions and real estate operations at an event on Dec 12 in Shenzhen, Guangdong province. [Photo provided to chinadaily.com.cn]

A company executive has said that in the era of China's dual carbon goals, enterprises need to cut energy consumption costs and obtain green certifications, so as to grow their value and achieve sustainable development.

Speaking during an event in Shenzhen, Guangdong province, Allen Qian, vice-president of Cushman Wakefield Vanke Service (CWVS), noted that to help achieve carbon dioxide emissions peak before 2030 and reach carbon neutrality before 2060, companies have to seek low-carbon solutions.

He was speaking at the "Give Me Five" CWVS 5th Anniversary Event on Dec 12, which was held with a focus on three key areas: assets, artificial intelligence (AI), and low carbon. Five back, Onewo and Cushman & Wakefiled established their joint venture CWVS on Dec 12, 2019.

He stressed that as a service provider for commercial spaces, which are major energy consumers, CWVS is committed to energy management, which is its biggest feature.

exec: Firms need to cut energy costs in dual-carbon era(图2)Allen Qian, vice-president of Cushman Wakefield Vanke Service (CWVS), speaks at the "Give Me Five" CWVS 5th Anniversary Event on Dec 12 in Shenzhen, Guangdong province. [Photo provided to chinadaily.com.cn]

During the past five years, CWVS has evolved from Mix to Max, from birth to bloom, continuously evolving and upgrading asset management with intelligent and low-carbon solutions, reshaping the future of commercial property.

Currently, CWVS has over 26,000 employees in more than 300 cities in the Chinese mainland and Hong Kong SAR, serving hundreds of companies, including nearly 100 Fortune Global 500, Fortune China 500 and unicorn companies, and has become a common choice for extinguished enterprises.

Over the past five years, real estate has transitioned from a period of construction to an era of asset management and operation, where extracting additional value from existing assets is key to the industry's transformation.

Mo Fan, chairman of CWVS, stated that CWVS has created a new model that negotiates transactions while integrating.

Today, combining the comprehensive capabilities of both shareholders, CWVS can provide comprehensive services for real estate, helping asset owners to preserve and increase the value of their assets, improve business process efficiency, and provide diversified services for individuals working and living in commercial spaces, he said.

exec: Firms need to cut energy costs in dual-carbon era(图3)Mo Fan, chairman of CWVS, speaks at the "Give Me Five" CWVS 5th Anniversary Event in Shenzhen. [Photo provided to chinadaily.com.cn]

Touching on topics related to ESG (environmental social governance), Zhu Baoquan, chairman of Onewo, noted that ESG is the biggest investment for Onewo. On Dec 11, it released an edge server — Lingshi, which will be integrated into real estate operations in the future to address all information flows such as video, audio and energy.

Zhu added that as the brain in space, Onewo's Lingshi is both the command and dispatch center, as well as the energy management center, security guard center and remote service center, intelligently supervising the entire property management process, outputting digital property service reports, thereby allowing real estate managers to conduct quality supervision and performance assessment of property service providers.

exec: Firms need to cut energy costs in dual-carbon era(图4)Zhu Baoquan, chairman of Onewo, speaks at the "Give Me Five" CWVS 5th Anniversary Event in Shenzhen. [Photo provided to chinadaily.com.cn]

Applying Lingshi of Onewo, CWVS can help more clients achieve energy saving and cost savings, while Cushman & Wakefield can provide professional services such as green building certification, green valuation and ESG consulting for real estate clients, Zhu said, adding that therefore, the three parties form a joint force to promote the green upgrade of real estate, which is a very interesting and valuable linkage.

Nathaniel Robinson, global chief investment & strategy officer of Cushman & Wakefield — a global firm with over 100 years of history — noted that in the new year, large multinational corporations (MNCs) are consolidating procurement into a single supplier/provider across many different categories of spend, with real estate services being one of them.

exec: Firms need to cut energy costs in dual-carbon era(图5)Nathaniel Robinson, global chief investment & strategy officer of Cushman & Wakefield, speaks at the "Give Me Five" CWVS 5th Anniversary Event in Shenzhen. [Photo provided to chinadaily.com.cn]

In order to capture these opportunities, companies need to position themselves in terms of service offerings and geographic coverage, he said, adding that it applies to both western MNCs as well as Chinese enterprises going abroad.

Meanwhile, the celebration event also drew Francis Li, global director and head of capital markets of Cushman & Wakefiled Greater China, Lu Bing, general manager of the office business department of Vanke Group, and representatives from well-known financial institutions and authoritative organizations such as RICS, BOMA, COMIN, discussing real estate investment and operation, and helping promote the sustainable and healthy development of the industry.

Please contact the writer at hanjingyan@chinadaily.com.cn