Legal & General has committed to making all new housing stock net-zero-carbon-enabled by 2030.
The initiative will span all homes invested in or built by the company across its build-to-rent, build-to-sell, later living and affordable housing divisions.
Chief executive Nigel Wilson said: “Construction is rocket fuel for UK economic growth: every pound invested delivers a threefold economic multiplier and the housebuilding sector provides jobs and vital economic resilience.
“But as we accelerate building, we have to avoid stoking up a climate crisis that would be at least as serious as the Covid emergency.”
L&G will use improved thermal building fabric and environmental control systems to help it reach the target.
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