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Headline Commitments Key
Committed to disclosing climate-related risks and opportunities under the TCFD framework (2019 Annual Report reports progress against this)
Committed to climate positive outcomes on Elephant Park, our major urban regeneration projects in London
Committed to publishing a zero carbon pathway in the UK by the end of 2020 and progress against it annually

Advocacy & Influence

At Lendlease we fully recognise the urgency of tackling the climate crisis by accelerating our efforts to cut carbon emissions across the business. For this reason, Climate Action is one of the company’s six sustainability focus areas which aims to ensure we adapt to and mitigate against climate change within the work we do. To achieve this, we are committed to improving our energy efficiency, using renewable energy and work with industry partners and our suppliers to reduce embodied carbon in our materials and products. We also aim to work with tenants to reduce carbon in operation. Since 2014 Lendlease set a target to reduce the intensity of our energy, water and waste by 20% by 2020 across our global portfolio and are now in the process of setting new ambitious goals for climate action.

We understand that it is important for all areas of our business to be involved in mitigating climate change, therefore, we are forming a number of climate action working groups focusing on different phases of the property cycle: investment, development, procurement, construction, operation and end of life. Whilst we are already delivering one of the UK’s first low carbon developments at Elephant Park, including Passivhaus homes in Zone 1, London, our commitment will also help us to deliver far-reaching climate ambitions for our future urban regeneration schemes.