We are committed to being a net zero carbon business by 2030. This pathway, independently validated by the Science Based Targets initiative, sets out how we will achieve this goal.
We’ve given ourselves some of the most stretching targets in the industry committing to a 52% reduction in our emissions over the course of a decade, from a 2019 baseline.
Every element of how we do business will change from how we work with suppliers, to the management and retrofit of our historic properties in Mayfair and Belgravia, to our approach to construction.
Becoming net zero will be hard - our success relies on collaboration with our occupiers, suppliers, peers and policy makers. We’ll report on progress against our pathway every year, acknowledging that our emissions may rise before they fall.
Although this document focuses on our strategy to meet our 2030 net zero goal, that isn’t the end. We have already committed to being a climate positive business by 2050 and this pathway will accelerate our journey.
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