Our carbon footprint has been developed in line with Greenhouse Gas (GHG) Protocol Corporate Accounting Standard. It details our full corporate footprint set across reporting scope 1-3.
As part of our carbon management programme we are continuing to map and understand our carbon footprint in greater detail. As part of this process we are looking to explore further our Scope 3 emissions by investigating the embodied carbon footprints of our new developments and major refurbishments, to help us understand its significance and where there are opportunities to reduce our footprint. To do this we have developed our embodied carbon brief for developments designed to guide our project teams on how to measure embodied carbon during design
Climate change position
We recognise that greenhouse gas emissions are a material issue for our business and that our stakeholders expect us to reduce emissions as much as possible. This has been bolstered further with the signing in April 2016 of the first global agreement on climate change which seeks to keep global temperatures below 2°C compared to pre-industrial levels, which is likely to generate legally binding reduction targets for signatory countries such as the UK. So what does this mean for our business? To ensure we continue to design and deliver our buildings responsibly we will:
- Seek to future proof our assets against the various impacts of climate change by ‘designing with climate in mind’, which includes:
- Continuing to make our new and existing spaces as energy/carbon efficient as possible
- Utilising and maximising on-site energy generation wherever possible
- Ensuring we do not over specify our spaces and are resource efficient
- Working with our tenants to assist them in becoming less energy/carbon intensive and more resource efficient.
- Continue to work with our real estate peers to develop and influence best practice, and industry organisations such as the British Property Federation (BPF), the European Public Real Estate Association (EPRA) and the UK Green Building Council (UK-GBC) on various initiatives.
- Actively monitor our portfolio to ensure it remains robust against any impacts of climate change.