Legal & General has announced that it is to make all of its new housing stock net zero carbon by 2030.Â
The housebuilder said the move would be implemented in a phased approach across all homes invested in or built by its group including: Build to Rent, Build to Sell, later living and affordable housing.
Net zero carbon will be achieved on all new Legal & General homes through a combination of improved thermal building fabric and the use of environmental control systems, including low and zero-carbon technologies.
The group has also been piloting energy-saving initiatives through the design and operation of its house-building businesses.
Legal & General Modular Homesâ€™ product portfolio â€“ which will form all future developments and consists of two and three bedroom family homes along with one and two bedroom apartments â€“ meets the governmentâ€™s EPC â€˜Aâ€™ rating as standard.
Inspired Villages, Legal & Generalâ€™s later living business, have successfully reduced utility consumption by 30% across its properties, with 10% of parking spaces reserved for electric vehicle charging.
â€˜We have to Build Back Better after Covid-19. 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,â€™ said chief executive, Nigel Wilson.
â€˜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.
â€˜Across our own housing platform, we continue to invest and progress planning for future developments, providing much needed economic stimulus and accelerating the delivery of homes across the UK,â€™ added Mr Wilson.
â€˜We are doing this with climate firmly in mind. By enabling all new Legal & General homes to be operationally net carbon neutral within a decade, the emission of many tonnes of greenhouse gasses will be avoided, whilst saving customers money and meeting the needs of investors who increasingly focus on sustainable solutions.â€™
Photo Credit â€“ Skitterphoto (Pixabay)