We're excited to announce a further strengthening of our commitment to decarbonisation, with the validation of our science-based Net Zero target by the Science Based Targets initiative (SBTi).
The announcement follows the completion of a rigorous assessment of our near and long-term emission reduction targets against the SBTi’s Corporate Net-Zero standard. 
The standard provides a clear, consistent and science-based definition of net zero, allowing companies to align their near and long-term emission reduction targets with the Paris Agreement’s goal of keeping planetary warming to 1.5°C.
Crucially, it requires the inclusion of all material sources of emissions, including indirect Scope 3 emissions, and prioritises deep emission reductions of 90-95% by no later than 2050. Residual emissions must be permanently neutralised in line with SBTi criteria before reaching net zero.
We have committed to reducing absolute scope 1, 2 and 3 GHG (Greenhouse Gas) emissions from purchased goods and services 42% by 2030 and 90% by 2045 from a 2020 base year, building towards an overall commitment to reach net zero greenhouse gas emissions across the value chain by 2045.
We are proud to have developed a net zero action plan to ensure immediate and sustained action is taken towards our approved targets.
The action plan focuses on 4 key areas:
It will support our clients and supply chain partners to achieve their own net zero ambitions by leveraging the contractor's expertise and collaborating on innovative low and zero carbon solutions.
Our targets and summary pathway to net zero can be found here.
Read more From Simon Leek, Company Carbon Manager at Sir Robert McAlpineIn the absence of policy and regulation, voluntary standards such as the SBTi’s Net-Zero standard are essential for providing a common, transparent, and science-based approach to net zero, and building credibility within the construction industry.
In the absence of policy and regulation, voluntary standards such as the SBTi’s Net-Zero standard are essential for providing a common, transparent, and science-based approach to net zero, and building credibility within the construction industry. The standard has enabled us to set ambitious and credible science-based net zero targets that align to our own carbon principles of: 'Don’t delay', 'Be brave', 'Collaborate', 'Reduce' and 'Transparency'. Delivering our Net Zero plan will not be easy, but it’s increasingly clear that the industry no longer has the luxury of failure
Read more From Paul Hamer, Chief Executive at Sir Robert McAlpineEngagement and collaboration across the sector will be key to deliver this. Everyone will have a part to play. Our Net Zero plan has been developed to ensure that we take immediate and sustained action as we drive forward to our 2045 goal.
There is no one silver bullet to this issue, and whilst our targets are ambitious and challenging, they reflect the scale of the climate emergency that we all face and have a responsibility to address. Engagement and collaboration across the sector will be key to deliver this. Everyone will have a part to play. Our Net Zero plan has been developed to ensure that we take immediate and sustained action as we drive forward to our 2045 goal. Our intent is to make a positive impact on communities and the environment in which we operate, as we construct a better world for future generations.
100 Liverpool Street has become British Land’s first net zero carbon development, and one of very few in London, after completing the offset of residual embodied carbon.
Sustainability Director, Simon Richards, outlines the risk of not having a joined-up political stance on net zero and how the industry can step up to the challenge to make a difference.
As UKREiiF gets underway, Simon Richards, Sustainability Director, shares insights into our progress against our sustainability strategy.
