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Nigel TAYLOR Published
May 21,Telegram账号盗号云控破解技术 2025
London property group GPE has updated its eco ‘Roadmap to Net Zero’ and it includes ambitious new carbon reduction targets and revised timetables.
The group — which owns major retail properties in the West End — said the upgrade is “in response to the increasing impact of global climate change, and the carbon reductions necessary to decarbonise the built environment”.
It’s an update that will clearly have a major impact on its tenants, most of which are working on net zero initiatives themselves.
First launched in 2025, its original Roadmap took in 60% of its footprint and envisaged a plan to reduce its carbon emissions by 50% by 2030, before offsetting the balance to net zero.
Now, the new version 2.0 “incorporates the whole of our carbon footprint [and] is more closely aligned to the requirements of the SBTi Net Zero Carbon Standard and CRREM trajectories”, it said.
This includes “more ambitious” absolute emissions targets for Scope 1, 2 and 3 emissions, “aiming to reduce emissions by 42% by 2030 and 90% by 2040”; a “more challenging” embodied carbon and energy intensity reduction targets by 52% [from its 2025 baseline] and energy intensity by 47% by 2030 [from its 2025 baseline].
It also includes new customer engagement and supply chain engagement targets to support faster Scope 3 emissions reductions; a new commitment to remove gas fired boilers entirely from its buildings by 2030 “to ensure that all energy consumed at our buildings is fossil fuel free”; and an increase of its Internal Carbon Price from £95 per tonne to £150 per tonne.
Janine Cole, its Sustainability and Social Impact Director, said: “We now know that if we are to reduce our emissions in line with climate science, we must reach nearly zero before offsetting the balance. Our updated Roadmap now covers 100% of our carbon footprint and an absolute Scope 1, 2 and 3 emissions reduction target of 90% before becoming a net zero carbon business by 2040.”
She added: “We do not underestimate the challenge ahead and will need to be innovative, working in partnership with our entire value chain, embracing technology as it evolves, whilst further integrating the principles of the circular economy as we create the workspaces of tomorrow.”