One of the most effective ways we can minimise our impact on the environment, and future-proof our business activities, is to reduce the carbon emissions of our real estate portfolio.
In 2019, we were one of the first signatories of the Better Buildings Partnership and World Green Building Council net zero carbon commitments. Our commitment is to ensure buildings within our direct control will operate at net zero carbon by 2030, and all buildings (directly and indirectly managed) to achieve embodied and operational net zero carbon by 2050.
In 2020, we launched our net zero carbon strategy, which will guide us to our first target in our net zero journey. Our aim is to reduce our total carbon emissions by 50% by 2030.
This strategy was approved by the Science Based Targets Initiative (SBTi) in early 2021, and verified in line with the most ambitious trajectory of the Paris Agreement, to limit global warming to 1.5oC.