How we will achieve our Net Positive targets

Our Net Positive targets focus on our four key material impacts or Carbon, water, resource use and social impacts. The first phase of our targets ends at the end of 2020 and includes the impacts we are responsible for as landlord across our directly managed portfolio of assets in the UK, Ireland and France.

CARBON: Net Positive for Carbon means emissions avoided exceed emissions generated.

In order to first move to zero, then beyond into net positive impacts, we will:

  • Minimise emissions through efficiency projects such as LED lighting installation, efficient switching systems and good management.
  • Install renewable energy generating systems on our existing assets and new developments and maximise the use of generated energy on site.
  • Make sure all future developments are designed to minimise operational carbon emission.
  • Find creative ways to offset remaining emissions, through investment in offsite projects such as insulation of local homes or investment in additional renewable energy generation

WATER: Net Positive for Water means water replenished by external projects exceeds water consumed from mains supply.

In 2015 1.6 million m3 of potable water were used across our portfolios. In order to move to a net positive position we will:

  • Reduce potable water consumption from mains supplies at our managed assets through water efficiency programmes.
  • Minimise water demand at new developments through design.
  • Invest in water harvesting and recycling technologies where possible at our managed assets.
  • Identify and undertake projects that will either replenish water resources or recycle waste water to offset potable water consumption.

RESOURCE USE: Net Positive for Resource Use means waste avoided, recycled or re-used exceeds materials used that are neither recycled, renewable or sent to landfill.

In order to achieve Net Positive for Resource use we will: 

  • Minimise waste generated on our operational assets and maximise the recycling and reuse of waste materials on site.
  • Work with our contractors to minimise construction and demolition waste from our developments and maximise reuse and recycling.
  • Design waste out of our developments during the design phase, reducing resource consumption.
  • Minimise the use of resources that are neither recycled nor renewable through application of our design standards across all areas of work, including fit out.
  • Create innovative ways to offset any raw material use, and any waste sent to landfill

SOCIO-ECONOMIC IMPACTS: Net Positive for Socio-economic impacts means making a measurable positive impact on socio-economic issues relevant to our local communities beyond a measured baseline. 

In order to set our baseline and shape our plans, we will:

  • Establish a clear placemaking strategy that reflects the needs of our local communities and delivers this through our asset management and development programme
  • Set community engagement plans for each asset that address issues identified as relevant to the local community.
  • Set locally specific baselines and measure performance against these.