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 Pulling Together on Climate Change, by Sarah Cary, Head of Sustainable Places, and Climate Related Performance in our 2017 Annual Report and Accounts, page 38.

Performance

Futureproofing key performance indicators 2020 target Trend 2017 2016 2015 Scope
Developments on track to achieve BREEAM Excellent for offices and Excellent or Very Good for retail 100%
93% 82% 94% 13/13
Carbon (Scope 1 and 2) intensity reduction versus 2009 (index scored) 55%

44% (56/100)

40% (60/100)

39% (61/100)

67/73
Landlord energy intensity reduction versus 2009 (index scored) 55%

35% (65/100)

38% (62/100)

40% (60/100)

67/73
Landlord embodied carbon intensity reduction per m² for projects over £50m versus 2016 15% n/a nr nr nr -
Waste diverted from landfill: managed properties and developments 100% 98% 98% 95% 104/121
Energy Performance Certificates rated F or G n/a 4% 3% 3% 2296/2389
On site renewable energy income n/a £89,000 £39,000 £7,000 3/3
Portfolio at high risk of flood (by value) n/a 3%
5% 8% 252/259

For more on our performance: Performance overview.

For our CDP Reports: Reports and publications.

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