The Duke of Westminster’s £5bn British and Irish estate has promised to end net carbon emissions from its buildings in little more than a decade, in a pioneering move for a big UK property company.
Grosvenor Britain & Ireland, which owns hundreds of historic properties in Mayfair and Belgravia, plans to replace gas heating with other energy sources as part of the plan to reach “net zero” operating emissions in buildings it runs by 2030.
Buildings and construction account for about 40% of global emissions and moving UK buildings on to hydrogen or electric heating is likely to be one of the biggest challenges to the goal of cutting the country’s overall carbon emissions to net zero by 2050.
