British Land’s redevelopment at 100 Liverpool Street, EC2, has become the first building in its portfolio to achieve net zero carbon emissions, the developer said this morning.
The London-listed firm said it had finished the process of offsetting residual embodied carbon, or the carbon footprint of its building materials, with a project to restore 30,000ha of land on the Tibetan plateau and a teak afforestation project in Mexico.
Launched last year, 100 Liverpool Street is a major part of British Land’s wider redevelopment of Broadgate.
Office tenants signed to the building include law firm Milbank, Japan’s Sumitomo Mitsui Banking Corporation Europe and corporate finance advisory firm Peel Hunt – with space also given over to Storey, British Land’s flexible office arm.
Nigel Webb, head of developments at British Land, said the building should “serve as a blueprint” for the company’s sustainable schemes in the future.
“We will never eliminate all carbon in development, but with the right schemes we can balance our emissions by supporting projects which truly absorb carbon from the atmosphere and have a positive local impact.”
British Land said it was also supporting a project to plant 150,000 trees in Cumbria and Scotland, which is forecast to double the amount of carbon offsets bought over the development life cycle of the building.
The company has pledged that all future schemes will be net zero at completion.
See also: British Land plots pathway to carbon neutrality
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