How does Coliving align with the ESG system ?
ESG - 'E' Environmental:
Coliving is also a means of sustainable living, as it pools the use of carbon generating utilities such as heating, energy and water. With new build comes the opportunity low impact heating such as ground source heat pumps and the smaller well insultated apartments, sometimes BREAM plus thirty percent, alongside apartment heat recovery systems to reuse heat from kitchens and bathrooms, boast almost no need for Apartment space heating altogether.
ESG - 'S' Social:
Research published in the BMC Journal promotes that coliving has a beneficial impact on mental wellbeing, with studies suggesting living with others can help anxiety and improve mental wellbeing. The ability to socialise was the biggest benefits of coliving according to the One Shared House 2030 survey. The survey also showed that coliving is not only confined to the younger generation. Older respondents also identified the concept as a good means of staying close to people who could help them in an emergency, among other things.