It is our firm belief that to be successful and sustainable, development must respond effectively to three universal considerations. These are international challenges, and we are determined to address them as Master Developer of the built environment.
65 per cent of global carbon emissions can be traced back to infrastructure and the UK’s homes contribute over 25 per cent to our national greenhouse gas emissions. Any new development must strive to minimise its footprint and implement a demonstrable and realistic route to the UK’s net zero target.
The Intergovernmental Panel on Climate Change has called for immediate, rapid and large-scale reductions in GHG emissions to achieve the 2015 Paris Agreement target of 1.5oC or even if 2oC is to stay within reach. The 2021 Conference of Parties (COP26) hosted by the UK saw countries across the world pledging to bring their peak emissions targets ever nearer to meet the commitments made in Partis – but there is still a great deal to do to ensure these goals are achieved and time is quickly running out.
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As part of our wider commitment, we will determine our baseline emissions for Scope 1, 2 & 3 with a view to sign up to the Science Based Targets initiative (SBTi) Corporate Net Zero Standard. We have currently set 2030 as the net zero target year for Scope 1&2, and 2040 for Scope 3 emissions. The Science Based Targets we will develop will be set in line with the 1.5°C pathway, now mandatory under the SBTi We have developed a Climate Action Toolkit and Carbon Management Framework to support our efforts to reduce carbon emissions and outline greater detail on our approach to climate change. This guidance sets out a comprehensive range of solutions and a detailed process to reduce carbon emissions through all our activities and sets the requirements for our internal teams, advisors and contractors to implement. Accordingly both the Climate Action Toolkit and the full Carbon Management Framework are internal documents shared only with specific members of our supply chain. A summary of the Carbon Management Framework can be found here. |
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The climate crisis we are currently facing now more than ever reinforces our strong belief that any new residential-led development must make every effort to minimise its carbon footprint, quickly and decisively. Arguably, the impact of one tonne of carbon released now will be greater than one realised in 10 years, so immediate action is therefore required.
That is why we are working towards becoming Net Zero for both our direct and indirect carbon emissions which is embedded within our Sustainability Framework. Our current targets are:
1. by 2030, to be Net Zero for the emissions from U&C controlled sources such as office facilities and vehicles (Scopes 1 and 2); and
2. by 2040, aiming for Net Zero for the indirect emissions in the U&C value chain by significantly reducing the embodied carbon in buildings and infrastructure built by U&C (Scope 3). Carbon offsetting and insetting will be considered for remaining emissions.
Achieving Net Zero is not only about the outcome but also the journey. We won’t get there without engaging all our stakeholders on what we need to do and by when. We are developing the ‘Urban&Civic Map towards Net Zero’ to support and communicate this both within the business and externally. The Map sets out the headline actions we as a business need to implement along with our value chain to achieve both the long-term targets and also the nearer term 2025 and then 2030 interim targets.
65 per cent of global carbon emissions can be traced back to infrastructure and the UK’s homes contribute over 25 per cent to our national greenhouse gas emissions. Any new development must strive to minimise its footprint and implement a demonstrable and realistic route to the UK’s net zero target.
The Intergovernmental Panel on Climate Change has called for immediate, rapid and large-scale reductions in GHG emissions to achieve the 2015 Paris Agreement target of 1.5oC or even if 2oC is to stay within reach. The 2021 Conference of Parties (COP26) hosted by the UK saw countries across the world pledging to bring their peak emissions targets ever nearer to meet the commitments made in Partis – but there is still a great deal to do to ensure these goals are achieved and time is quickly running out.
|
As part of our wider commitment, we will determine our baseline emissions for Scope 1, 2 & 3 with a view to sign up to the Science Based Targets initiative (SBTi) Corporate Net Zero Standard. We have currently set 2030 as the net zero target year for Scope 1&2, and 2040 for Scope 3 emissions. The Science Based Targets we will develop will be set in line with the 1.5°C pathway, now mandatory under the SBTi We have developed a Climate Action Toolkit and Carbon Management Framework to support our efforts to reduce carbon emissions and outline greater detail on our approach to climate change. This guidance sets out a comprehensive range of solutions and a detailed process to reduce carbon emissions through all our activities and sets the requirements for our internal teams, advisors and contractors to implement. Accordingly both the Climate Action Toolkit and the full Carbon Management Framework are internal documents shared only with specific members of our supply chain. A summary of the Carbon Management Framework can be found here. |
|
The climate crisis we are currently facing now more than ever reinforces our strong belief that any new residential-led development must make every effort to minimise its carbon footprint, quickly and decisively. Arguably, the impact of one tonne of carbon released now will be greater than one realised in 10 years, so immediate action is therefore required.
That is why we are working towards becoming Net Zero for both our direct and indirect carbon emissions which is embedded within our Sustainability Framework. Our current targets are:
1. by 2030, to be Net Zero for the emissions from U&C controlled sources such as office facilities and vehicles (Scopes 1 and 2); and
2. by 2040, aiming for Net Zero for the indirect emissions in the U&C value chain by significantly reducing the embodied carbon in buildings and infrastructure built by U&C (Scope 3). Carbon offsetting and insetting will be considered for remaining emissions.
Achieving Net Zero is not only about the outcome but also the journey. We won’t get there without engaging all our stakeholders on what we need to do and by when. We are developing the ‘Urban&Civic Map towards Net Zero’ to support and communicate this both within the business and externally. The Map sets out the headline actions we as a business need to implement along with our value chain to achieve both the long-term targets and also the nearer term 2025 and then 2030 interim targets.
