Russell Smith is Founder and Managing Director of Parity Projects, a company dedicated to transforming the existing housing stock and making greener homes a reality for everyone. Parity Projects impartially advises and project manages renovations for private homeowners, local authorities and housing associations. Their approach was first piloted in 2004 with the Carshalton Grove Eco-Renovation Demonstration Project, which achieved a +70% reduction in CO2 emissions and a 60% reduction in water consumption. It won several awards including Building magazine’s 2007 Award for sustainable refurbishment and the 2008 Observer Ethical Award.
Parity has gone on to build its own award winning Home Energy Masterplan software for assessing the most appropriate combinations of measures for individual houses and for large stocks of houses. It has carried out assessments for over 1500 individual houses, strategic assessments for 1.9m and managed retrofit projects to £9m in value. Parity has also now trained over 450 individuals in low energy retrofit.
Russell is also Managing Director of the RetrofitWorks, a multi-stakeholder cooperative driving a market for smaller firms to stoke the national roll-out of low energy renovation.