Landsec has unveiled a new environmental sustainability strategy making it the first major landlord to commit to reducing emissions in line with the target to keep global warming to no more than 1.5°C.
The landlord said that it planned to be a net-zero carbon business by 2030 and committed to reducing absolute carbon by 70% from a 2014 baseline in the same timeframe.
The owner of Bluewater shopping centre said it would look to reduce the amount of energy used to run buildings and install renewable power sources.
It said it was already implementing its commitments into its development pipeline and said its development at 105 Sumner Street, London, would be Landsec’s first net-zero building.
A Landsec spokeswoman said it would also be working with retailers on its schemes on how they would help contribute to cutting carbon emissions.
Director of corporate affairs and sustainability Caroline Hill said: “Landsec’s net-zero target may be set at 2030, but we’re making tangible changes to the way we do business now. We’re progressing our first net-zero building at 105 Sumner Street, we have solar PV installed on nine of our assets and we have set a new and stretching science-based target.
“It’s imperative that businesses set ambitious sustainability strategies which are in line with up-to-date climate science.”
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