Our efforts to limit the effects of climate change are our most critical commitment.
Addressing a global climate crisis
As a global organisation, Legal & General understands the importance of protecting the world in which we live. Our actions today will have a profound impact on the future of our planet and therefore it's our responsibility to take action on the global issue of climate change.
Our commitment to achieving net zero carbon across our entire organisation means we aim to decarbonise the assets on our balance sheet to align with the UN Paris Agreement and UK Government legislation to achieve net zero carbon emissions by 2050.
But that's not all, we have a commitment to achieve a number of key aims much sooner. From 2030, we'll ensure all our homes are capable of operating at net zero carbon emissions, as well as better understanding and monitoring the embodied carbon associated with their construction.
Net zero carbon for us means that our homes achieve a balance between the use of energy in one of our homes (e.g. from heating the home, using lights) and the generation of energy from the property using renewable technology (e.g. through photovoltaic panels).
Our current homes achieve an Energy Performance Certificate (EPC) rating of 'A'. Across the country, only 1% of new homes meet this standard at present.
Legal & General Modular Homes is committed to creating net zero carbon emissions from the operation of the homes we build by 2030. To meet this target we are undertaking the following:
Reducing carbon emissions during the use of our homes
We have adopted a hierarchy of measures to reduce the carbon emissions from our homes. This hierarchy is:
- Reducing the need for energy in the home. We can do this in a number of ways, for example, through reducing the amount of heat that is lost from the home.
- Using energy more efficiently. Where we do use energy, we use it as efficiently as possible. For example, all our homes have energy-efficient equipment installed, including heat sources, lighting, pumps and fans.
- Using low or zero carbon energy. All our homes have photovoltaic panels fitted in order to provide a clean source of electricity.
Our homes are built to exacting specifications using techniques developed across the aerospace, manufacturing and engineering sectors. As a result, we can closely monitor their environmental impact.
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