Journal Native Land sets science-based target to act on climate change

Journal — November 14, 2023

Native Land sets science-based target to act on climate change

Journal — November 14, 2023 Native Land sets science-based target to act on climate change

The Science Based Targets initiative (SBTi) has independently assessed and approved our near-term science-based target to significantly reduce Native Land’s emissions by 2030, in line with limiting global warming to 1.5°C.

We have committed to reduce scope 1 and scope 2 greenhouse gas (GHG) emissions 42% by 2030 from a 2021 base year, as well as measuring and reducing our scope 3 emissions. SBTi has confirmed that our clearly defined pathway is consistent with the most ambitious goal of the Paris Agreement.

There are close to 6,000 companies around the world taking action through SBTi, but Native Land joins a comparatively small group of fewer than 30 companies in the UK real estate sector that have had their targets approved. Others in this group include Canary Wharf Group, Derwent London, Great Portland Estates, Grosvenor, Landsec and British Land.

Felicity Masefield, Development Executive at Native Land, says: “Ambitious action from the real estate sector is needed to tackle climate change. We’re glad to have set emissions reduction targets grounded in climate science and would encourage our peers to join us in confirming a strong commitment to securing a sustainable future.”

Since Native Land was founded in 2003, we have built sustainable practices into a £3 billion portfolio of projects, with an ambition to protect biodiversity, pioneer low-carbon technologies and deploy more sustainable modes of construction.

We are currently developing Bankside Yards, the UK’s first major operationally fossil fuel free neighbourhood. All eight buildings across the 1.4m sq ft mixed use estate in London use a low temperature 5th generation energy network to create unprecedented energy sharing benefits.

OneThreeSix, Native Land’s first major workspace offer, completed in 2021. It was one of the first all-electric powered office buildings in central London and is operationally zero carbon.

NEO Bankside, a residential scheme designed by world-renowned architect the late Richard Rogers, completed in 2012. At the time of construction, Native Land installed the UK’s deepest ever energy piles, which double up as part of a ground-source heating and cooling system, reducing carbon emissions by almost a quarter.

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