As companies reassess their office needs in the wake of the pandemic, a new arms race to deliver net zero carbon space without the need for offsets is taking place in London, according to a recent Bloomberg report.
Dutch developer Edge, for example, recently committed to reach absolute zero carbon on its new developments by at least 2050. Its future projects will eventually be built and operated in a way that requires no tree planting to mitigate their impact. Australia’s Lendlease Corp. and Copenhagen-based Nordic Real Estate Partners A/S have made similar pledges.
If the firms achieve that goal, they will outpace net-zero developments being promoted by many of Europe’s largest landlords that require offsets to reach zero-carbon goals. Edge will continue to build projects that include offsets for now as it seeks to build more sustainable buildings that won’t need any offsets to reach net-zero.
Edge plans to immediately reduce embodied emissions for any new projects by at least 50%. That would mean a maximum upfront embodied carbon target of 500 kilograms of CO2 for each square meter.
Related Stories
Codes and Standards | Sep 22, 2021
Illinois’s sweeping climate bill includes statewide stretch code, building electrification measures
Aims for zero-emissions power sector by 2045.
Codes and Standards | Sep 22, 2021
Cities need to step up flood mitigation efforts to save lives
Recent storms highlight climate change dangers.
Codes and Standards | Sep 21, 2021
Steps to improve ventilation for Covid can combat colds and flu
New look at airborne disease spread shows time viruses linger in air may have been underestimated.
Codes and Standards | Sep 15, 2021
USGBC will change leaders, conduct strategic review
Aims to ensure organization is ‘well positioned to scale its work in the post-pandemic world’.
Codes and Standards | Sep 15, 2021
LEED-certified offices earn higher rents than non-sustainable properties
Are also more resilient to dips in real estate market.
Codes and Standards | Sep 7, 2021
Boston turns to developer fees to fund flood protection infrastructure
Assessments on commercial properties will help build seawall and other protective measures.
Codes and Standards | Sep 3, 2021
Low-cost methods can have substantial impact on reducing embodied carbon
Whole-building design, material substitution, and specification strategies can slash carbon by up to 46%.
Codes and Standards | Sep 2, 2021
Case for power resiliency in buildings grows with more disaster and outages
Essential businesses like data centers, hospitals are first adopters of new storage systems.
Codes and Standards | Aug 31, 2021
UK industry group wants mandatory whole-life carbon assessments of buildings
Aims to address hidden emissions embedded in supply chains.
Codes and Standards | Aug 31, 2021
Home electrification will require code upgrades
Residential electric panel capacity must be increased.
