Sustainable Performance · Personal perspective

Sixteen Branches, a Net-Zero Target, and a Leasehold Problem: What RS Locals Teaches Us About Embedded Energy Decisions

For a leased estate, some of the most important energy decisions happen before a retrofit is specified.

Why this matters

A national target does not tell a property team which site to renew, improve or leave. Lease terms and landlord permissions define what can be changed.

What the evidence suggests

The historical RS Locals study compared building types and low-carbon options as an academic exercise. The original site count, targets and portfolio assumptions reflect that period; they are not a statement about the company’s current estate or plans.

What it looks like in practice

Before selecting technology, a team should understand actual energy use, remaining lease term, building condition and who owns any improvement. Heating, lighting and on-site generation may each have a role, but the ordering depends on the site.

Practical next steps

Three things leaders can do now

01

Build a site-level energy and lease inventory.

02

Include energy performance and consent provisions in property negotiations.

03

Compare interventions against the expected occupancy period and maintenance responsibilities.

Phull Insights Perspective

The view beneath the headline.

Sustainability strategy becomes operational when property, finance and site leaders use the same evidence to make the next lease decision.

  • leasehold estate
  • energy
  • net zero

Adapted from Pupsi Phull's postgraduate research and professional reflections. Views are personal.

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