Barclays launches retrofitted low-carbon workspace to support climate tech startups

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The redesigned area has capacity for up to 130 more people and 75% space for collaboration areas for meetings, events and networking.

Major improvements to the building include solar panels from Naked Energy, a hybrid solar generation that generates heat and electricity.

The design now includes energy-efficient double-glazed windows with solar control, roof and hollow wall insulation, and water reduction technologies.

A clever heating, ventilation and air conditioning system, powered through renewable energy sources, has been implemented to improve the temperature of the building.

In addition, automatic softness controls and blinds have been installed to optimize the degrees of smoothness and quality of the total energy consumption.

Nick Stace, Head of Sustainability at Barclays UK, said: “We are very pleased to reopen the doors of our Eagle Lab in Cambridge with a revamped centre of excellence for climate generation start-ups.

“It was crucial that the retrofit and internal redesign of the building accurately reflected the ethos of the businesses that will use it and we expect it to provide significant energy efficiency improvements, allowing us to take an important step forward in reducing our own operational emissions.”

The bank has collaborated with corporations in its Sustainable Impact Capital portfolio and the Unreasonable Impact program, Save Money Cut Carbon, for their input and expertise in the consultation process for modernization plans.

Additional for SMEs

Climate generation corporations can also participate in unique pre-seed and bridging systems hosted through Barclays in collaboration with key industry partners, including:

Stace added: “We know that startups want more than just space, which is why we also do business through our Cambridge Eagle Lab climate generation accelerator programmes.

“We hope this package will enable businesses to temporarily scale and address some of today’s most pressing climate generation challenges. “

Barclays is committed to achieving net-zero prestige through 2050, a climate policy that encompasses its direct operations and external financing.

© Faversham House Ltd 2024 Editorial news articles may be copied or transmitted for individual use only. No other replication or distribution is permitted without prior written consent.

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