We are committed to creating low carbon, climate resilient homes and communities.
Guided by science-based targets, we are reducing our greenhouse gas emissions and supporting the UK’s transition to a net zero future, with a goal to reach net zero across our value chain by 2045.
Our climate strategy
Our climate strategy focuses on both mitigation and adaptation. We are working to reduce emissions across our operations and value chain by collaborating with our supply chain and preparing our homes and developments for a low carbon future.
Our climate change policy sets out our commitment to reducing our climate impact, future proofing our homes and developments and supporting our customers in reducing their carbon footprint. Our science-based targets are outlined below.
Our science-based targets
Our emissions reduction targets are aligned with limiting global warming to 1.5°C and validated by the Science Based Targets initiative (SBTi).
Achieving net zero will be a significant challenge and we continue to learn and adapt our approach. A successful transition will require effective collaboration and coordinated action across the industry and our value chain.
Net zero by 2045
We are targeting net zero across our scope 1, 2 and 3 emissions by 2045 from a 2019 base year.
Scope 1 and 2 emissions
Scope 1 emissions encompass direct emissions from the use of fuel in the operation of plant and equipment at our sites, gas consumption for heating and hot water and the fuel used by our vehicle fleet.
Scope 2 emissions represent indirect emissions arising from the procurement of electricity and heat.
Targets
Reduce absolute scope 1 and 2 GHG emissions by 60% by 2030 from a 2019 base year.1
Reduce absolute scope 1 and 2 GHG emissions by 90% by 2045 from a 2019 base year.1
Scope 3 emissions
Scope 3 emissions relate to the emissions for which we are indirectly responsible throughout our value chain. These emissions are primarily associated with our supply chain (upstream) and the use of our homes (downstream).
Targets
Reduce scope 3 GHG emissions by 55% per sq. m completed floor area by 2030 from a 2019 base year.
Reduce scope 3 GHG emissions by 97% per sq. m completed floor area by 2045 from a 2019 base year.
The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.
We are improving energy efficiency on our sites, transitioning to renewable electricity and low carbon fuels, and expanding the use of electric vehicles and efficient plant across our operations.
We are working to reduce the emissions generated when our customers live in their homes. This includes improving the energy efficiency of the building fabric, enhancing airtightness, utilising renewable energy and optimising heating systems. Many of our homes now include features such as smart heating controls, waste water heat recovery, solar panels and EV charging points. We are progressively increasing the number of homes with electric heating systems, such as air source heat pumps, enabling them to become zero carbon in use as the electricity grid decarbonises.
We are collaborating with suppliers and the wider industry to reduce embodied carbon, support innovation in low carbon products and improve visibility of emissions to help identify lower carbon alternatives across key material categories.
Emissions performance
Scope 1 and 2 emissions
Scope 1 and 2 emissions breakdown
* tCO2e stands for ‘tonnes of carbon dioxide equivalent’ — a standard way of measuring greenhouse gas emissions by converting them into the equivalent amount of CO2.
Scope 1 and 2 emissions performance (tCO2e)
Scope 3 emissions
Scope 3 emissions breakdown
Scope 3 emissions intensity performance (tCO2e/sq. m)
For more detailed information on our targets and greenhouse gas emissions data, see our Annual Report and ESG Data Handbook.
Task Force on Climate-related Financial Disclosures
We support the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) and are committed to reporting on climate-related risks and opportunities.
Housebuilding Sector's Net Zero Transition Plan
We contributed to the development of the UK Housebuilding Sector's Net Zero Transition Plan in collaboration with the Future Homes Hub, industry peers and stakeholders. The plan sets out a pathway for decarbonising new homes and the wider industry.
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