11 properties, ranging from 25,000 sq ft to over 120,000 sq ft, including buildings in TraffordCity (Manchester) and MediaCityUK (Salford) are the first in the UK to demonstrate net zero carbon status based on their operational carbon emissions, action taken to reduce those emissions and their renewable energy use.
Princes Dock at Peel L&P’s Liverpool Waters development has also achieved the status of net zero emissions. (Full list below)
Peel L&P has a long track record of leadership on sustainability being the first developer to achieve the BREEAM communities standard at MediaCityUK in 2011 and the first major property company to achieve the energy management standard ISO 50001 in 2015.
The most important action has been to reduce energy demand. Last year alone, Peel L&P invested £859,000 in 66 energy efficiency projects in these offices to benefit tenants by reducing their carbon emissions from energy use by 13%.
Any remaining emissions from the newly verified buildings will be offset through a Verified Carbon Standard tree-planting project in the North West to absorb the same amount of carbon dioxide emissions from the atmosphere.
The announcement has been welcomed by the Mayor of Greater Manchester Andy Burnham who agrees that the verification plays an important role in the city region’s 2038 target response to the climate emergency.
Andy Burnham, Mayor of Greater Manchester, said:
“Our homes and workplaces are responsible for a huge proportion of Greater Manchester’s carbon emissions, 33% and 32% respectively. If we are to deliver on our carbon neutral commitment for 2038, published in our five-year environment plan, we need to urgently make deep cuts in emissions from our building stock. In this announcement today, Peel L&P have shown that those deep cuts are not only possible, they’re also good for business. The message to others now is pretty clear: no excuses, if Peel L&P can pull this off, then so can you.”
Peel L&P’s work to reduce carbon emissions across its assets is part of the company’s first five-year sustainability plan which supports the United Nations Sustainability Development Goals (UN SDGs) to help create a fair and sustainable planet by 2030.
Peel L&P’s Sustainability Director Jo Holden, said:
“The region has set itself ambitious targets for achieving carbon neutrality and we want to demonstrate how we are playing our part by taking action to mitigate climate change. We will re-assess these properties annually, talk to our tenants about their role in reducing carbon emissions and look to increase the number of net zero carbon buildings in our portfolio.”
John Alker, Director of Policy & Places, UK Green Building Council (UKGBC), said:
“Awareness of the climate emergency is at an all-time high, but we now need to embark on a decade of urgent action. The property sector has a huge role to play, so it is fantastic to see this type of leadership from Peel L&P and we are delighted that the UKGBC Framework has helped guide the way. This also supports the green ambitions of some of our great cities, showing that the north can lead the way in the transition to net zero.”
Whole buildings verified as Net Zero Carbon:
The Venus, TraffordCity
The Vic, MediaCityUK
The Alex, MediaCityUK
Quay West, MediaCityUK
Digital World Centre, MediaCityUK
16 Robertson Street, Glasgow
Office space verified as Net Zero Carbon:
Peel L&P head office, intu Trafford Centre
Landlord’s emissions verified as Net Zero Carbon:
Princes Dock, Liverpool Waters – includes No.8, No.10, No.12 Princes Dock and Princes Dock Multi Storey Car Park.
For the last five years, Peel L&P has delivered annual improvements in energy efficiency of 3% in its major assets, due to the hard work of the Energy Champions and the ISO 50001 energy management system.
Over £1.1 million was invested in state-of-the-art energy saving equipment during a recent refurbishment of The Vic at MediaCityUK. As a result, the property is anticipating energy and carbon savings of 60% annually.