2021 Carbon Report – European property assets

In 2020, we made an ambitious commitment to halve the total carbon impact of our European property assets by 2030 an approach validated by the Science Based Targets initiative in 2021.

Here we publish our first update on progress to that goal, covering both 2020 and 2021 emissions data.

In this time, we secured our first green financing deal, issued our first climate related risk disclosure in line with TCFD and trialled alternative construction techniques and materials, like locally-sourced timber in Madrid, and fossil fuel free demolition machinery in Paris. A new Partner Charter also defines how we work with our suppliers to meet the climate emergency.

However, most significant was the acceleration of engagement with colleagues.

Building greater awareness, providing enhanced training and room for innovation allowed us to motivate our people to look for environmentally friendly solutions across all our business activities, from office management to our development practices.

Find out about our progress to net zero carbon primary

Find out about our progress to net zero carbon


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