Facts Flashcards
How many countries is Savills in?
70
When was Savills founded?
1855 by Alfred Savill
When did Savills become a limited company
Savills becomes a limited company in 1988 and obtains a full listing on the London Stock Exchange, and became Savills plc in 1988
What is Savills doing for emissions?
Savills plc maintains focus on delivering its commitment to achieving net zero for its operations (Scope 1 and 2) in 2030 and for its value chain (Scope 3) greenhouse gas (GHG) emissions by 2040
What is Savills doing with the Science Based Targets initiative (SBTi)?
Separately Savills has worked with the Science Based Targets initiative (SBTi) to validate near-term decarbonisation targets with as part of this, Savills being recognised by the Race to Zero and Business Ambition for 1.5°C campaigns. Savills near-term SBTi targets are:
Savills plc commits to reduce absolute scope 1 and 2 GHG emissions 72% by 2030 from a 2019 base year.
Savills plc also commits to reduce scope 3 GHG emissions from purchased goods and services 51.6% per million GBP of value added by 2030 from a 2022 base year.
Savills plc further commits to reduce scope 3 GHG emissions from investments 51.6% per square meter within the same timeframe.
What is Savills doing in relation to the UN Goals?
The UN set out Sustainable Development Goals (SDGs) for businesses around the world. We have aligned with 9 of the 17 UN SDGs that are the most relevant to our business, three of which come under our climate approach:
Affordable & Clean Energy: We aim to maximise energy efficiency, minimise carbon emissions and work continuously towards net zero carbon targets globally.
Climate Action: Work continuously to reduce carbon emissions and report in accordance with our Task Force for Climate Related Disclosure obligations.
Responsible Consumption and Production: We seek to reduce our environmental impacts through active operational management and responsible procurement.
What has Savills already achieved in terms of ESG?
Scope 1 and 2 ‘market-based’ Greenhouse Gas emissions had a 26.9% reduction against our 2019 base year.
We have a near-term 1.5°C-aligned carbon reduction target, validated by the Science Based Targets initiative (SBTi).
The review of our supply chains commenced, targeting reduced Scope 3 emissions.
We aligned or signed up to Task Force on Climate-related Financial Disclosures (TCFD), Carbon Disclosure Project (CDP), Financial Times Stock Exchange for Good (ftse4good) Index and Race To Zero Campaign.
What UN Goals are Savills aligning with in regards to culture?
The UN set out Sustainable Development Goals (SDGs) for businesses around the world. Savills have aligned with 9 of the 17 UN SDGs, that are the most relevant to our business, three of which come under our culture approach:
Good health and wellbeing: Our goal is to provide healthy workplaces, encourage healthy lifestyles and raise awareness of mental health & wellbeing.
Gender equality: We actively promote gender equality and aim to maintain a diverse and inclusive workplace.
Decent work and economic growth: We are committed to operating responsibly and providing fair, safe and diverse cultur
What has Savills achieved in terms of creating a good culture
Savills UK retained no.1 in Apprenticeship Employer, Times Property Graduate Employer of Choice for the 17th year running.
Savills UK won EDI (Equality, Diversity, and Inclusion) Programme of the Year at Inspiring Women in Property Awards hosted by Property Week.
Bisnow’s UK Rise Initiative recognised Savills UK as one of the companies leading the charge to improve diversity in real estate.
What has Savills achieved in terms of giving back to the community
24,300 volunteering hours
£2,090,000 donated by the Group and combined regional businesses
Over 580 pro-bono hours given
Social and local economic value of £4.7m delivered through Savills UK
Advised on planting of over 2.6m trees and undertook 108 carbon audits on natural capital in the food and farming sector
What has Savills achieved in terms of giving back to the community
24,300 volunteering hours . So far this year around 300 hours. We do a nominated charity each year and we get opportunities to volunteer with them. Edinburgh children’s hospital. Target of £5k to raise. Raised half so far.
£2,090,000 donated by the Group and combined regional businesses
Over 580 pro-bono hours given
Social and local economic value of £4.7m delivered through Savills UK
Advised on planting of over 2.6m trees and undertook 108 carbon audits on natural capital in the food and farming sector
Managing to give programme where we log our volunteering hours
What UN Goals does Savills align with in regards to community
Quality education: We aim to create opportunities for the growth and development of our people and within the communities that we impact.
Sustainable cities and communities: We work with government, national and local communities and our clients to create sustainable places.
Life on land: We expect our suppliers to operate responsibly and to seek to protect biodiversity and ecosystems.
What is Savills purpose
Savills global purpose is to help people thrive through places and spaces
We do this through climate, culture and community
That is why we have all these sectors groups etc to create this
What have you read recently on connect
- expansion for Savills Private finance
- expanded the team to take on a London based and a Dubai based member
- now a team of 27
D&i
6 working groups
Push on diversity hiring with career ready , apprenticeship
A lot of internal promotion on international women’s day and black history month
What can you do to maximise margins for you team
Fee for any Consultancy , abortive fees, cross selling (and get %), recently increased our minimum fee
What will you do differently at the next level to increase fees?
On top of focussing on strengthen my existing relationships with agents , clients and other departments and seeking new clients through networking.
We do more landlord work and we need to expand our tenant rep (in keeping with NOA targets). I will do this through Athena and targeting lease events along with seeking to working with occupier team to get more mandates.
Also I will ask my manager for more involvement in the buisness winning
What do you know about other teams performance in the office or division?
Building consultancy has done well this year at 40% profit in Scotlandand 20% of the revenue for thr UK.
Investment team is more busy
management is down a bit this year due to loosing some instructions and income. But they also have some strong clients like realty purchasing lots of retail parks.
Resi is looking at another £1m year in Edinburgh.
What keeps your client awake at night and what are you doing to support them with these concerns?
West Edinburgh is a slow market (history to why) and therefor I need to be more proactive finding different tenants (as seen with CEG) and be more proactive (track lease events and approach etc)
Main competition and how do you compete?
Jll, CBRE and cushmans. Global tenant rep teams are strong , hope to strengthen ours. We also develop connections with the rest of the UK such as life sciences down south. Proactive with lease events and working with bid team
How would you describe what Savills do?
We are a leading real estate firm with 17 divisions and we have a wide range of services and specialists
Last piece of constructive feedback and how did you act on it
Knowing the market in Leith after meeting. Manager said I should know my competition. I ensured I did from there on
If you had 5 mins with James sparrow , what would you discuss?
AML and technology
If you had unlimited resources and investment , what is the one hint you would change to your business area?
Hire more of the bid team (great resource but hard to get). More hosting clients and seeking new clients this way. Investing in technology so we can be more efficient (enquiry schedules and options schedules)
