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SCHEME DELIVERS SAVINGS FOR LAND SECURITIES


Land Securities and NG Bailey are working together to deliver carbon and energy savings across their sites and achieve targets, by looking at boilers, temperature controls and thermal energy.


One of Land Securities’ key corporate goals is to be the leader in sustainability in the UK-listed real estate sector, and it has set a number of targets to reduce energy usage across its property portfolio.


This includes reducing carbon intensity (kgCO2


/m2 ) by 40% by 2030


– from a 2014 baseline – in buildings under its management for at least two years. The company has also set an energy intensity target (kWh/m2


)


in the same buildings of 40% by 2030, using the same baseline.


44 | TOMORROW’S FM


Those targets will have a significant impact on carbon emissions and energy costs, but Land Securities, which recently became the first in the UK commercial property sector to adopt science-based emissions targets, in line with the Paris Agreement, believes its sustainability strategy will also help it maximise portfolio value, increase asset investment and stabilise its exposure to energy price inflation.


NG Bailey manages the facilities at a number of key Land Securities properties across London and


worked in partnership with Land Securities to develop a 12-month ‘proof of concept’ pilot scheme from April 2015, to demonstrate how it could reduce energy consumption within six of the property giant’s highest energy-using properties in the capital.


The pilot was borne out of one of Land Securities’ previous sustainability targets: to reduce energy usage across its property portfolio by 15% by 2020. Land Securities set a target of an 8% energy saving. By the end of the 12-month programme, NG Bailey


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