We create workplaces designed for life - not just the 9 to 5. From a net zero office space in Southwark to an office at the heart of Manchester’s MediaCity, find the perfect fit for 10-150+ desks.
The Forge, Bankside
Inspired by its industrial past and built for the future, it’s our first net zero carbon workplace.
Part of the Nova campus, n2 is an oasis of calm in vibrant Victoria.
Bright and airy offices allow people to take in the inspiring cityscape, especially on the 20 outdoor terraces.
Dashwood, City of London
Dashwood is a boutique tower at an unrivalled City location, providing a unique choice of workspaces to meet customer needs today, and in the future.
140 Aldersgate, City of London
Located in the heart of a vibrant city location, 140 Aldersgate connects business and culture between Farringdon and Barbican.
Retail & Hospitality
We own and operate some of the UK's most renowned retail and hospitality destinations that connect brands with people.
Bluewater features a curated brand mix of retail and leisure experiences.
Gunwharf Quays, Portsmouth
With its unique waterfront location and maritime history, Gunwharf Quays offers warm hospitality alongside its premium retail and leisure experiences.
St David's, Cardiff
St David’s occupies one third of Cardiff’s city centre, and half of the city’s retail space, establishing it as the beating heart of the community.
The open-air experience under the iconic domed roof of Trinity Leeds spans over 1 million sq ft of prime retail and hospitality space.
Modernity meets history in the characterful Westgate Oxford, a stone’s throw away from the historic Oxford Castle Quarter.
Working closely with communities and local authorities around the UK, we regenerate urban spaces into thriving places to live, work and play.
Mayfield is a 24-acre brownfield site packed with heritage and the River Medlock flowing through its core.
The O2 Centre, Camden
The O2 Centre Masterplan will deliver a new mixed-use urban neighbourhood spanning 14-acres of currently underutilised space in Zone 2 London.
The Galleries, Glasgow
The Galleries, our vision for the redevelopment of Buchanan Galleries, is a once-in-a-generation opportunity to enhance the city centre as a magnetic place for homegrown talent and opportunity.
Lewisham Shopping Centre, Lewisham
We’re developing plans to shape a new centre for Lewisham. The plans will redefine the town centre – offering everyone better choices and new experiences that are firmly rooted in Lewisham's people and culture.
Landsec and TOWN, working with Cambridge City Council and Anglian Water, are developing a vision for a new urban quarter in Cambridge.
We build and invest in buildings, spaces and partnerships to create sustainable places, connect communities and realise potential.
Our 2022 impact report deep dives into the ways our places and activities are making a difference across the UK. From our economic contributions to the social and sustainable value we deliver, we recognise that the consequences of the actions we take as an organisation are both far-reaching and long-lasting.
The potential of sustainable retail
Sustainable retail has the potential to boost local UK economies by nearly £100m and grow brand revenues by up to 13%.
Discover the strategy that drives our success, as we create sustainable value for our three types of investor: institutional, private and debt.
2023 half year results
Land Securities Group PLC announced its half year results for the six months ended 30 September 2023 on Tuesday 14th November 2023.
Capital Markets Day - September 2023
We're hosting a Capital Markets Event for analysts and investors at our London office developments, Lucent at Piccadilly Circus and n2 in Victoria, which completed earlier this summer.
Sustainable urban places
Building on our competitive advantages. First to opportunities, in shape to act.
We're working to enhance the health of our environment and improve quality of life for our people, customers and communities - now, and for future generations.
Landsec Futures is a £20m fund that aims to deliver around £200m of social value by 2030, supporting at least 30,000 people from underrepresented socio-economic backgrounds towards long-term employment. It will also provide the chance to increase the diversity of talent across the industry and in our business.
Life at Landsec
We're shining a spotlight on some of the inspirational people that work for us as part of our Life at Landsec series.
Media & Insights
Reimagining the city for gender inclusivity
Hear more from Ellie Cosgrave about how we need to rethink our public spaces and challenge our existing assumptions about how to deliver cities which are successfully inclusive.
Group Corporate Affairs & Sustainability Director
It’s more important than ever that we keep the momentum in the fight against climate change. Our new five-point plan sets out how we’ll become a net zero carbon business within the next ten years.
To play our part in reducing global emissions, over the past decade we’ve developed and embedded a robust sustainability strategy, delivered against stretching carbon targets, invested in renewable energy, reduced the energy consumption in our buildings and considered carefully how and where we source our materials. In doing so we’ve positioned ourselves as a global sustainability leader in our sector.
Last year we met our 2030 science-based carbon reduction target 11 years early, reducing our emissions by over 40% against a 2013/14 baseline. But there’s still a lot more to be done both across our own business and in collaboration with our wider industry. That’s why we’ve increased the ambition of our carbon reduction targets in line with the latest climate science, and why we’ve committed to becoming a net zero carbon business by 2030. Our strategy is bold with clear actions to support the world to limit global warming to 1.5°C.
To become a net zero carbon business, we’ve developed a five-point plan:
The first step to becoming a net-zero carbon business is to reduce our operational carbon emissions. Following the pledge we made at the COP21 Convention on Climate Change in Paris, in 2016 we became the first commercial property company in the world to have its carbon reduction target approved by the Science Based Targets initiative. In November 2019, having achieved our target 11 years early, we increased our level of ambition, committing to reducing our absolute emissions by 70% by 2030 compared with a 2013/14 baseline.
As most of the operational carbon emissions for a building are associated with energy consumption, we also have an energy reduction target to reduce our energy intensity by 40% by 2030 compared with a 2013/14 baseline, for properties that have been under our operational control for at least two years. To achieve this we’ve developed bespoke energy reduction plans for each of our assets and as of Q2 2020 we’ve reduced our energy intensity by 19.4%.
To ensure our future assets also meet these targets, we’re designing our commercial buildings using the Design for Performance approach to set energy intensity targets. This tool aims to close the performance gap by ensuring that new office developments operate as efficiently as they were designed to. We’re mapping our performance against the UKGBC’s pathway to net zero to ensure that we’re in line with industry best practice.
We have a strong track record of both generating on-site renewable energy and procuring renewable electricity. Since 2016 we’ve procured 100% REGO (Renewable Energy Guarantees of Origin) backed electricity and have installed capacity of 1.5MW of renewable on-site generation, including photovoltaic electricity and heat pumps. This means we’re nearly halfway to achieving our 2030 target of delivering 3 MW of on-site renewable electricity generation by 2030.
As part of our net zero carbon strategy, we will increase the amount of renewable electricity we generate and move our procurement from REGO-backed generation to direct purchasing from renewable projects through Power Purchase Agreements (PPA).
To support us in assessing climate-related risks and opportunities as we transition to net zero carbon, we’re using an internal shadow price of carbon. This internal metric gives an investment’s carbon risks and opportunities a monetary value, so that we have a standard metric to assist investment decision making.
We’ve set our internal carbon price at £80/tonne CO2. This was calculated by estimating how much we’re spending on carbon reduction projects currently and how much more would be needed long-term to achieve our goals. This balances out expensive retrofit projects with cost-effective early design choices in our development pipeline. £80/tonne CO2 is in line with the recommendation from the Commission on Carbon Pricing for a carbon price level consistent with the Paris agreement and aligned with guidance from the United Nations Global Compact on carbon pricing. Importantly, it’s also in line with the Department for Business, Energy and Industrial Strategy’s (BEIS) forecast of carbon prices through to 2030.
In our investment decisions, this shadow carbon price helps our business quantify the medium-term transition risk associated with the UK shifting to a low-carbon economy. It helps us capture the financial risk of continued carbon emissions in the likely future event of a carbon tax being imposed on our industry, as is currently the case with heavy industries such as steel and cement. It’s also here to support the business case for transitioning to low-carbon solutions in our own operations. Our Sustainability Team work with our Investment, Development and Asset Management colleagues across the business to align our capital allocation strategies to our net zero carbon pledge and factor transition risk into our decision-making process.
Embodied carbon emissions are the greenhouse gas emissions associated with the non-operational phase of a project, including supply chain emissions arising from extraction of resources, manufacture of products, transportation and assembly of a building. As our building operations become cleaner, the impact of our low carbon design and construction methods will become proportionally bigger.
At the beginning of the design stage, an embodied carbon assessment will be undertaken by a qualified carbon consultant. Each project will be set a specific embodied carbon target reflecting project-specific opportunities such as retention of existing structures. We expect each project to demonstrate embodied carbon reductions throughout the construction process and will produce an embodied carbon report at project completion.
We’re reducing our construction impacts by maximising re-use of any existing assets to reduce the extent of construction or demolition required and using fewer materials to drive down both cost and carbon emissions. We’re also avoiding use of materials with high carbon intensity, such as traditional steel and concrete, instead using locally sourced materials with high recycled content as far as possible.
Once carbon emissions have been minimised as far as possible, we’ll direct funds to carbon offset projects which actively take carbon out of the atmosphere, such as carbon sequestration from tree planting. We’ll also prevent further emissions from being released into the atmosphere, for example by launching a forest conservation project or subsidising a renewable energy project that allows a move away from fossil fuels.
We’re working with an established carbon offset project developer to purchase such options and importantly, to ensure that each credit is independently verified, transparent and traceable. Our development projects will be expected to make an allowance in their budgets for the cost of offsetting related to the project activities, which the Sustainability team will assist in calculating.
We are confident that our net zero carbon strategy will equip us with the necessary tools to reach our target by 2030. Importantly, it also sets out a clear set of actions that can be shared with the industry to drive the net zero agenda forward.
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