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The construction of buildings and the materials required accounts for nearly 11% of global CO2 emissions1.
We are committed to reducing the ‘embodied’ carbon emissions of all our developments.

Embodied carbon emissions

The ‘embodied’ carbon emission is the carbon footprint of a building before it becomes operational, and covers emissions linked to construction processes and materials used during the entire lifecycle of each building. It includes the extraction, transport and manufacturing of building raw materials, the transport of finished materials to the construction site, and the construction practices used. In this effort we are guided by our pledge to the Science-Based Targets Initiative (SBTi)2  reduction targets.

We’re also investing in strategies to better understand the causes of our environmental impact, and taking actions to reduce it. To make this change happen, we strive to continually improve performance by measuring, reducing and mitigating emissions.


We start by having a holistic and precise understanding of the carbon emissions of each of our buildings, based on data gathered through detailed life cycle assessments.


Armed with these facts, we develop effective approaches to reduce the embodied carbon emissions in our built environment. Strategies to reduce emissions include innovative building designs that reduce emissions, and replacing high-emission materials with low-carbon ones. This covers procurement policies that favour locally-sourced products, and creating partnerships to reduce emissions across our value chains, in joint actions with our suppliers and business partners.

Did you know?

According to the IPCC report released in August 2021, we are already locked into a future where total global warming almost certainly rises by at least 1.5 degrees celsius. That’s why we firmly believe that we need to reduce our footprints as much as possible in order to further limit our impact on an already strained climate.

Mitigate beyond the value chain

We acknowledge the building industry’s impact on emissions, and are committed to making an active contribution to global carbon neutrality. Our mitigation activities – in our own operations and beyond the value chain – are aligned with recognised international standards and initiatives accredited by The International Carbon Reduction and Offset Alliance (ICROA). We also target projects that align with our sustainability focus areas, including clean energy, biodiversity, human wellbeing, and with the UN Sustainable Development Goals.

Reducing the embodied carbon emissions in our sector requires long term commitment, and we act to stimulate the transition to low carbon, in our business strategy and by leveraging innovation.