ESG consultancy Longevity Partners has launched a new business to help real estate in the shift to clean energy.
Longevity Power will work in tandem with Longevity Partners to offer a “one-stop-shop” approach to managing transitional climate risk for public and private bodies.
With global power demand set to double by 2050, and electricity’s share of global final energy consumption growing from 19% to 30% over that period, there is an urgent need to increase the presence of clean energy solutions for the built environment and to do so as quickly as possible if the sectors is to meet the 1.5°C target.
Longevity Power’s offering will centre around renewable energy strategy, on-site renewable energy implementation, off-site energy procurement with corporate power purchase agreements and electric vehicle infrastructure deployment.
Anthony Maguire, director of Longevity Power, said, “At Longevity Partners, we increasingly found that clients wanted a company to take them from start to finish, setting ESG targets and seeing them through to implementation.
“By introducing Longevity Power, we are able to offer clients a full end-to-end approach and reassure them that their properties are going to be resilient in the face of climate change – whether that’s by optimising on-site renewable energy solutions, or through the introduction of EV charge points to anticipate occupants’ needs over the coming decade.”
Etienne Cadestin, chief executive of Longevity Partners, added: “The purpose of the Longevity Group is to support businesses and governments with the delivery of the climate goals. Clean power is set to draw $11tn (£7.8tn) of investment in the coming decades and will play a huge role in securing a safe and climate-resilient future for our children.
“The level of systemic transformation that is required is similar to that of the bronze age. As a standalone company, Longevity Power is fully committed to providing the full spectrum of electric vehicle and clean energy infrastructure services to support businesses with their transition.”
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