Net Carbon Reduction

We are playing our part in the global climate challenge.

Our ambition is to be operationally net zero carbon by 2025 and fully net zero carbon by 2040.

What is it?

Reducing carbon.

To restrict average global temperatures to no more than 2 degrees, the UN wants everyone – from individuals to global corporations and governments – to decrease the amount of harmful carbon emitted to our planet.

Our ambition

Why it’s important to us

Need to change.

The building and construction industry accounts for around 40% of the world’s carbon emissions. Government, local authorities, partners and customers have expectations and targets which must be met or exceeded but a step change is needed.

How we can have an impact

Target ongoing carbon reduction at a business unit and Group level.

Embrace design principles that deliver long-term, low-carbon and low-carbon-enabled buildings.

Integrate into business policies.

Reduce waste by maximising product and material use throughout lifecycles.

Highlights in 2020

  • Reduced our operational carbon footprint by 30% versus 2019, through more efficient facilities and purchasing renewable electricity for our Group portfolio.
  • Determined our 2025 and 2040 carbon footprints, backed by detailed analysis and modelling, creation of our transition pathways, enabling prioritisation of our action plans.
  • 21% of homes include modern methods of construction (MMC).
  • Switched to a green fleet provider as part of our transition to using electric vehicles.
  • Energy Code created by St. Modwen Logistics as a framework for energy provision on new developments.
  • Our first ever zero carbon logistics unit completed in Tamworth in early 2020.
  • Started Energy Performance Rating upgrades at our managed assets.

Our plans for 2021

  • Embed net zero carbon reduction plans in each business unit.
  • Carry out energy audits to improve energy efficiencies across managed assets.
  • c. 60% of 2021 projects to be BREEAM Very Good or Excellent, rising to c. 80% in 2022.
  • Establish low-carbon strategies for new projects and developments.
  • Prepare to meet Future Homes standard, and trial Passivehaus technologies.
  • 30% of homes include modern methods of construction (MMC).
  • Plan for all new homes to be supplied with 100% REGO backed electricity.
  • Reduce carbon emissions from travel and commuting, through green fleet roll-out and maximising the benefits of agile working.