ESG team helps to underpin growth at commercial building consultancy Jones Hargreaves

By Peter Davison

12 July 2023

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The Business Magazine article image for: ESG team helps to underpin growth at commercial building consultancy Jones Hargreaves

Matthew Jones

The formation of an in-house sustainability team at Bristol-based commercial building, project and sustainability consultancy Jones Hargreaves, which has reported a 74 per cent revenue uplift for the first six months of this year when compared to the same period in 2022.

The national consultancy firm established its expert ESG team last summer in response to client demand. Since then, the business has hired eight people into its ESG team to scrutinise potential acquisitions, enhance the management of existing portfolios, advise on improving energy and carbon performance and much more.

During the first half of 2023, Jones Hargreaves fulfilled more than 450 client instructions across all commercial building projects. In the latest trading quarter, between April-June 2023, new office refurbishment and fit-out instructions dominated as clients looked to re-invest in and enhance their existing portfolios to maximise potential.

Matthew Jones, partner at Jones Hargreaves (pictured) said: “In the last year we’ve focused on investing in our team to broaden services and expertise and this has underpinned a strong half year of trading for 2023.

"It’s really promising to see how well the ESG team has established itself. This has had a positive impact for our clients, who have valued being able to access expertise in one place when dealing with complex commercial builds and fit-outs”.

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“Despite some headwinds in the market, we continue to see a healthy appetite and pipeline for commercial building projects in the regions we operate in across the UK. We will continue to focus on delivering high quality end-to-end projects with ESG as a central pillar where clients require this.”

Jones Hargreaves’ clients include Columbia Threadneedle, Abrdn, London and Scottish Investments, LXi REIT, Duchy of Lancaster and Mileway.

By Peter Davison

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country.

An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts.

Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.