The target is set out in the company’s Roadmap to Absolute Zero Carbon, detailing how the business intends to achieve its environmental targets in Europe.
Lendlease says it will be Net Zero Carbon by 2025 for Scope 1 emissions, produced directly from the fuels it burns, and Scope 2 emissions from the power it consumes. It will then be Absolute Zero Carbon by 2040, eliminating all emissions, including Scope 3 generated indirectly from its activities, without the use of offsetting (paying for credits).
Lendlease plans to ensure that all the electricity used by its sites comes from emission-free sources. It will only procure electricity that is REGO-backed (Renewable Energy Guarantees of Origin certificates) from renewable sources (e.g. solar, tidal, wind, not energy from waste).
It has already begun trialling alternative technologies and fuels to phase out the use of diesel on its sites.
Lendlease chief executive for Europe, Neil Martin, said: “Setting targets is important, but it is how we deliver against those targets that really matters. In our roadmap to absolute zero we recognise that this is not going to be an easy task and that we don’t yet have all the answers, but it is vital that we take action and we are committed to doing so.”
The Lendlease Europe Roadmap to Absolute Zero Carbon can be downloaded at www.lendlease.com/better-places/roadmap-to-absolute-zero-carbon