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UK housebuilder becomes the first to have net-zero target validated – London Wallet

Mark Helprin by Mark Helprin
February 6, 2023
in Real Estate
UK housebuilder becomes the first to have net-zero target validated – London Wallet
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Crest Nicholson has become the first UK housebuilder to have their net-zero target validated by the Science Based Targets Initiative (SBTi).

The SBTi validation confirms that the targets set by the housebuilder are based on the latest climate science, supporting the ambition to limit global temperature rise to 1.5°C in line with the Paris Agreement.

Crest Nicholson’s target to reach net-zero GHG emissions across the value chain by 2045 is supported by a series of commitments across its scope 1, 2 and 3 emissions.

Measures taken to achieve the net-zero target include steps taken to reduce scope 1 and 2 emissions include driving the efficient use of plant and equipment on site, trialling lower carbon technologies including hybrid generators and an electric telehandler, using alternative low carbon fuels and increasing the procurement of renewable electricity.

To reduce emissions relating to scope 3, Crest Nicholson continuously reviews the design, technologies and materials used within its homes. It is also a member of the Future Homes Hub’s Embodied and Whole Life Carbon Workgroup, which is developing guidance, tools and an implementation plan to support an industry-wide reduction in whole life carbon.

Mark Kershaw, group head of sustainability at Crest Nicholson, said: “The validation of our targets by the Science Based Targets initiative ensures that our ambitions are aligned with the latest climate science and will contribute towards tackling the climate crisis.

“At Crest Nicholson, we continue to challenge ourselves to reduce emissions across our operations. We look forward to collaborating with our suppliers, partners and the wider industry to accelerate the adoption of more sustainable practices and take the required steps together towards achieving net-zero.”

 





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