The Tower Property Fund, which upon listing on the JSE in July 2013 set a clear strategy of occupancy cost reduction across the board, with a strong focus on "greening", has continued to make good on its intentions and is currently rolling out green measures to several buildings within the fund’s portfolio.
The Royal Institution of Chartered Surveyors (RICS) has published a methodology to calculate the total carbon emitted for a building, known as embodied carbon, across the entire property lifecycle from construction through to demolition.
The Minister of Finance Pravin Gordhan today announced plans to introduce a long-awaited carbon tax on 1 January 2015.
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