// Landsec reveals new commitment to become a net zero carbon business by 2030
// The company owns a 30% stake in Bluewater shopping centre
Landsec has pledged to become a net zero carbon business by 2030 and has also committed to reducing absolute carbon by 70 per cent.
The commercial property development company, which owns a 30 per cent stake in Bluewater shopping centre, has committed to reducing emissions in a bid to keep global warming to no more than 1.5°C.
Landsec said its aim is to reduce the amount of energy used to run buildings and install renewable power sources.
READ MORE: Hammerson, British Land & Intu commit to new climate change initiative
Meanwhile, Landsec has said its first net-zero building will be its development at 105 Sumner Street, London, where it has begun implementing its commitments.
“Landsec’s net-zero target may be set at 2030, but we’re making tangible changes to the way we do business now,” Landsec director of corporate affairs and sustainability Caroline Hill said.
“We’re progressing our first net-zero building at 105 Sumner Street, we have solar PV installed on nine of our assets and we have set a new and stretching science-based target.
“It’s imperative that businesses set ambitious sustainability strategies which are in line with up-to-date climate science.”
Landsec currently has ownership in Westgate Oxford, Trinity Leeds, and West12 shopping centre in Shepherds Bush.
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