…, then electrifying assets, removing any need to burn fossil fuels, then ensuring that electricity we do buy, is green and renewable. Our target, subject to further business case development, is to have reached Net Zero for our own estate by 2030. Property is a long-term asset, meaning sustainable, long-term decision making is key. We also have some very unique assets, ranging from protected, grade II listed…
… approach to measuring progress in all areas. We will also continue to explore options for carbon capture and offsetting over time. You may have heard various terms such as net zero, carbon neutrality and net zero emissions, and you can find definitions of each of these in the glossary. Our carbon baseline Our carbon footprint has been measured in order to create a baseline against which we will assess…
… it to 1.5°C. National Framework In 2019, in the 2050 Target Amendment, the UK Government committed by law to achieving net zero carbon by 2050. In order to achieve this, they put in place a series of measures including the ‘Ten Point Plan for a Green Industrial Revolution’, and the Energy White Paper: Powering our net zero future. In December 2020 the Climate Committee also set out The Sixth Carbon…
… Budget, which describes the path to net zero for the UK. The recommended pathway requires a 78% reduction in UK emissions between 1990 and 2035 through four steps: ● people and businesses to adopt low-carbon solutions (i.e. new cars and vans, boiler replacements in homes, buildings to be low-carbon, waste reduction and circular economy, renewable electricity or hydrogen); ● expansion of low-carbon…
… Recovery Board in the context of London’s long-term recovery from 19 https://www.legislation.gov.uk/ukdsi/2019/9780111187654 https://www.gov.uk/government/publications/the-ten-point-plan-for-a-green-industrial-revolution/title https://www.gov.uk/government/publications/energy-white-paper-powering-our-net-zero-future https…