Our commitment: Reduce energy intensity (kWh/m2) by 40% by 2030 compared to a 2013/14 baseline, for property under our management for at least two years.
Progress: Reduced portfolio energy intensity by 13.2% compared to a 2013/14 baseline.
Managing energy well is important in reducing carbon emissions and keeping us on track to hit our targets. It is important that we continue to deliver and operate efficient space that meets our customers’ needs and helps to keeps costs down. Reducing our portfolio’s energy demand also helps to relieve stress on the grid and contribute to UK energy security.
What we’ve achieved
So far we have reduced our energy intensity by 13.2%. This is equivalent to reducing carbon emissions by 18,589 tonnes and cutting customers’ combined annual energy bills by £2.9m.
To help meet our targets, we have delivered over 50 energy reduction measures over the past 18 months ranging from LED lighting upgrades in our retail centres to innovative free-cooling initiatives in our London offices.
At our shopping centres we have focussed on upgrading our lighting, retrofitting LEDs in car parks, malls and other landlord areas. Aside from reducing energy costs and consumption, LED lighting cuts CO2 emissions, reduces maintenance burden and helps to enhance guest experience.
In London we have focussed on engaging and supporting our customers to identify energy reduction opportunities within their own areas, helping to improve the efficiency of the space they occupy and support their own sustainability commitments. We have supported key customers by providing them with detailed energy reports with energy saving recommendations. We've also delivered energy saving projects within customer demises where there's a shared benefit.
Across the group, we've rolled out our market leading Business Focussed Maintenance (BFM) regime with service partner NG Bailey. We've made a systematic change to the way we maintain our buildings to make targeted energy saving interventions rather than ineffective periodic checks. We're doing this by using the latest data technologies which interpret data from our many different building management systems and analyse the huge amount of data we generate.
We were the first property company to sign up to EP100: a campaign challenging businesses to double their energy productivity within 25 years.
We are pleased that Landsec is demonstrating bold and ambitious leadership by joining EP100 and committing to double energy productivity"
Acting Chief Executive, The Climate Group