We will design, develop and manage places to tackle climate change, enhancing the health of the environment by achieving net zero and going beyond.

When we buy, use and re-use resources efficiently, we see big benefits.

We’re always working to minimise our impact on the environment and do our part in tackling climate change while also reducing costs, for us and our customers. By building well we are also ensuring we are more resilient to challenges caused by climate change, such as shortages of resources and changing regulations. 

We have a Company-wide Environmental and Energy Management System, with both ISO 14001 and ISO 50001 certification. ISO 14001 is an environmental management system that checks we’re compliant in things like handling hazardous substances and waste management. ISO 50001 is an energy management system that keeps us in line with the government’s Energy Savings Opportunity Scheme (ESOS) and drives energy reductions.

Build well: targets and performance

Decarbonising our portfolio transitioning to net zero

Commitment (Existing)

Reduce operational carbon emissions (tCO2e) by 70% by 2030, for property under our management for at least two years (compared with a 2013/14 baseline)

Progress

52% operational carbon reduction

Commitment (Existing)

Reduce average embodied carbon by 50% compared with a typical building by 2030 by prioritising asset retention where possible, smart design and using sustainable materials

Progress

New target – performance to be reported next year

 

 

Commitment (Existing)

Reduce energy intensity by 45% by 2030 (compared with 2013/14 baseline).

Progress

34% energy intensity reduction

Commitment (Existing)

Source 85% of total energy (electricity, gas, heating and cooling) consumption from renewable sources by 2030

Progress

66%

Enhancing nature and green spaces

Commitment (Existing)

Achieve a 25% biodiversity net gain by 2030 across our operational sites currently offering the greatest potential (2016/17 baseline)

Progress

13% biodiversity net gain

Commitment (Existing)

Achieve a 15% uplift in biodiversity for all new developments by 2030

Progress

New target – performance to be reported next year

Using resources efficiently

Commitment (Existing)

For every development, source 100% of core construction materials from ethical and sustainable sources, extending this across our full supply chain in due course

Progress

100% of core construction materials with a responsible sourcing certification

Commitment (Existing)

Promote reuse and circular economy principles and achieve at least 75% annual recycling rate across our portfolio and new developments

Progress

Recycling across operations: 71%

Recycling across new developments: 99.5%

Commitment (Existing)

Undertake water management assessment across assets under our operational control and set water targets by 2023

Progress

New target – performance to be reported next year

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