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Propertymark Protected agency launches its 2020 green vision campaign

Thursday 13 December 2018

ARLA Propertymark Protected Newton Property, one of Scotland’s leading lettings companies, has this week launched its national 2020 Green Energy Vision campaign helping Scotland embrace a more sustainable, environmentally-friendly future.

Their national campaign will see them invest £100,000 in the first phase of its electric vehicle charging point initiative with the installation of charging points in properties factored by Newton, with the aim of having at least 50 charging points up and running by 2020. Newton is the first private property factor to make such a commitment.

The Scottish Government has set a target to phase out new petrol and diesel cars by 2032, with only battery electric vehicles and plug-in hybrid electric vehicles allowed. This will require major investment in Scotland’s charging infrastructure and Newton is proud to be the first factoring company in the market to be leading the way in supporting such ambitions.  

Newton Property has built its reputation on being a modern factoring company and as such has grown at a rate of over 10 per cent year-on-year to become one of the top five privately-owned factoring companies in Scotland.

The firm say that their turnover for 2019 is expected to be £3.5 million with transactional cash flow in excess of £20 million. Newton's management portfolio is nationwide and consists of over 20,000 factored customers and 600 letting clients and insure property with a reinstatement value of over £2 billion.

Newton’s Green Vision campaign is multi-faceted and has set out a programme of key initiatives to be implemented by 2020, which also includes: 

  • Solar power - helping customers generate electricity from installation of solar PV schemes.
  • Low energy - reducing energy usage through installation of LED lighting and smart lighting controls.
  • Renewables - ensuring all customers’ electricity is from suppliers committed to generating electricity from renewable sources.
  • Generating carbon stores – utilising derelict areas of ground as carbon stores through coordinated tree planting schemes. 
  • Eradicating paper communication in favour of electronic mail.

Derek MacDonald, joint managing director, Newton Property said: “We have launched our new 2020 Green Vision campaign to allow us to guide property owners when making environmentally-friendly decisions to help improve the standard of living for their current and future tenants. People are making lifestyle changes but can be impaired from putting decision into practice primarily due to financial constrains as well as waiting for local government to invest.

“We are proud to be the first Scottish factoring company to launch an electric vehicle charging initiative. This is at a time which sees many of the multinationals also taking action, so it is imperative that we, as factors, play our part in helping to facilitate real change.

“Our aim is to promote innovation and inspire community responsibility and our new campaign sets out our commitment for supporting a more sustainable Scotland. We want to help our clients future-proof their properties by driving change and allowing them to take advantage of new eco-technologies which will help save them money in the future.”  

The Scottish Government’s Climate Change Bill means Scotland will have the toughest climate change legislation in the world, including the most ambitious statutory targets of any country for 2020, 2030 and 2040. The UK Intergovernmental Panel on Climate Change said that the world needs to be carbon-neutral by 2050, which is what the targets in the Bill mean for Scotland.  

Pictured: Derek MacDonald, joint managing director, Newton Property, at the first electric vehicle charging point installed by Newton in Glasgow. Photo by Jamie Simpson.  

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