Constructing the future
A Gardiner & Theobald case study

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Page 2: Balancing stakeholder aspirations

Buildings, streets, neighbourhoods and districts make up the urban environment and should be functional as well as enhancing our social well-being. Clearly there is a limit to the availability of land and natural resources. Apart from the need to conserve other scarce and finite resources such as oil, coal and gas, the consumption of land and natural resources is in itself damaging.

As stakeholders in our environment, we must recognise that not only is the quality of the environment in which we live at stake, but also the future and continued existence of mankind. Stakeholders are individuals or groups with a direct interest in an organisation’s performance. The diagram shows the stakeholders surrounding the property lifecycle.Gardiner Theobald 5 Diagram 2

The quantity surveyor must take into account the shared expectations of these stakeholders. Concern for the environment has a high public profile as public opinion, pressure groups and government legislation and regulation continue to grow. This poses a threat to organisations who do not anticipate opportunities and future problems that may affect them.

The World Commission on Environmental Development published the report ‘Our Common Future’ in 1987. By the end of 1988, the report had received public support from over 50 nations, including the UK. As a result, the Earth Summit was held in Rio de Janeiro in 1992. The summit adopted Agenda 21, a comprehensive action plan, for the pursuit of sustainable construction into the next century. Agenda 21 called on national governments to set strategies for achieving sustainable development. This means acting nationally to have an impact globally.

In 1997, the United Kingdom and other industrial countries signed a treaty in Kyoto, Japan committing themselves to reducing the effects of greenhouse gas emissions to below 1990 levels. The UK government has also responded by introducing a series of initiatives.

A report carried out by Lord Rogers on behalf of the UK government tackles the problems of urban regeneration, recommending 60% of new housing should be built on land which has been developed previously. These sites are known as brownfield sites. According to this report, developments should:

  • integrate with their surroundings
  • optimise access to public transport
  • use land efficiently and respect local traditions.

Gardiner & Theobald | Constructing the future
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