Futureproofing

Our places are designed to last – flexible and adaptable as the planet changes.

From improving efficiency and cutting embodied carbon, to installing photovoltaic panels and creating BREEAM Excellent offices, shops and homes – we’re delivering savings for occupiers, generating income, staying ahead of legislation and protecting asset value. For more on what we’ve been doing, visit our Blogs.

We’re three times European sector leaders in the Global Real Estate Sustainability Benchmark. We’ve also won awards for energy reductions from the Chartered Institution of Building Services Engineers and others. View our Awards.

Matt Webster, Head of Wellbeing and Futureproofing: “Through our energy efficiency programme, we’ve delivered £13m gross savings for us and our occupiers, at the same time as optimising lighting, temperatures and air quality for the wellbeing of the people who work, shop and live in our buildings. This also helps us protect asset value for investors and stay ahead of legislation.”

 Our approach

  • Improving operational efficiency and reducing occupier costs.
  • Increasing onsite energy generation and associated revenue.
  • Managing climate change risks, including protecting value by reducing flood risk.
  • Preparing for resource constraints and regulation through materials and process innovation.
  • Sourcing or procuring 100% of electricity from renewable sources, member of RE100.

Download our Supply Chain Charter, Sustainability Briefs and other guidance: Policies.

For more detail on our position on climate change, view Leadership on Carbon, by Sarah Cary, Head of Sustainable Places.

Performance

Sustainability ratings 2015/16 2014/15 2013/14
Developments on track to achieve BREEAM Excellent for offices and Excellent or Very Good for retail – 2020 target 100% 82% 94% 98%
Energy Performance Certificates rated A or B 30% 22% nr
Energy Performance Certificates rated F or G 3% 3% nr
Financial 2015/16 2014/15 2013/14
Cost savings from resource reductions, versus baseline (landlord and occupier) 4,738,200 3,639,700 4,738,200
On-site renewable energy income £14,106 £6,940 £14,106
Carbon emissions 2015/16 2014/15 2013/14
Carbon (Scope 1 and 2) intensity against 2009 index score of 100 – 2020 target 45 (55% reduction) 60/100 61/100 nr
Direct (Scope 1) greenhouse gas emissions (tonnes CO2e) Combustion of fuel 7,284 6,965 5,629
Operation of facilities 644 554 1,707
Indirect (Scope 2) greenhouse gas emissions (tonnes CO2e) Purchase of electricity, heat, steam and cooling for our own use 38,710 42,503 38,619
Indirect (Scope 3) greenhouse gas emissions (tonnes CO2e) 120,247 157,456 213,386
Energy use and intensity 2015/16 2014/15 2013/14
Landlord energy intensity against 2009 index score of 100 – 2020 target 45 (55% reduction) 62/100 60/100 nr
Office occupier energy intensity, against 2009 index score of 100 57/100 61/100 nr
Managed portfolio: energy use (MWh) 210,472 208,018 194,413
Developments: energy use (MWh) 5,346 5,854 4,030
Energy generation (MWh) 1,126 1,385 nr
Energy generation 0.96% 1.16% nr
Water use and intensity 2015/16 2014/15 2013/14
Water intensity, against 2009 index score of 100 74/100 78/100 nr
Managed portfolio: water use (m³) 653,490 557,041 654,591
Developments: water use (m³) 10,883 50,819 29,587
Waste and materials 2015/16 2014/15 2013/14
Waste management at our properties and developments (tonnes and %) Re-use, recycling and incineration – 2020 target 100% 148,856 (98%) 240,210 (95%) 70,731 (88%)
Landfilled – 2020 target 0% 2,805 (2%) 12,056 (5%) 9,777 (12%)
Waste per £100,000 construction spend on completed developments (tonnes) 0.02 nr nr
Sustainable timber (FSC or PEFC certified) 96% 100% 100%
Flood risk 2015/16 2014/15 2013/14
High risk of flooding (by value) 5% 8% nr

We are also gathering data on landlord embodied carbon intensity for development projects, on the proportion of procured green energy and on construction undertaken off site.

For more on our performance: Targets and performance.

For our CDP Reports: Reports and publications.

PDF, 23.6MB, opens in a new windowPDF, 848KB, opens in a new window

Open all