Mishcon de Reya, alongside Argent, Savills and Barclays, are partners in The Climate Crisis Challenge – a campaign calling on the real estate industry to slash its carbon footprint. The challenge was launched by Property Week in collaboration with UKGBC.
With the long-delayed COP26 climate conference finally on the horizon, Property Week asks what actions the property industry should be taking now to demonstrate it is rising to the climate challenge.
Omega Poole noted that the minimum real estate businesses should be doing between now and COP26 is making sure they are aligned with the Paris Agreement objective of restricting global warming to 1.5 degrees above pre-industrial levels. “That requires a strategy to achieve net zero emissions by 2050, robustly measuring direct and indirect emissions, and setting clear targets to reduce emissions,” she says. “Many property companies have set even more ambitious targets, aiming to be net zero by 2030.”
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