Highlights of 2023
Key Numbers
Carbon in our developments
31 per cent of our 2023 carbon emissions came from embodied carbon in our development programme. Our targets include a goal to reduce the embodied carbon intensity of our developments by 20 per cent by 2030, compared to a 2020 baseline of 400 kgCO2e per sq m.
Development completion ratings
The sustainability credentials of a building are increasingly important for potential customers deciding on where to locate their businesses.
We target BREEAM ‘Excellent’ certification (or equivalent) unless local circumstances (such as supply chains) prevent it. BREEAM is a well-respected and established sustainability certification, which goes beyond carbon and energy to take a holistic approach to sustainability. BREEAM covers such diverse aspects as biodiversity impacts, rainwater runoff, occupant wellbeing and community engagement. 99 per cent of our development completions in 2023 have or are expecting to be accredited BREEAM ‘Very Good’ (or local equivalent) or better and 92 per cent have been or are expected to be rated BREEAM ‘Excellent’ or above.