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By 2040, we will reduce emissions from our buildings, developments and supply chain by 90%. Our full portfolio and 147 acres of public realm in Mayfair and Belgravia will also be climate positive before 2050.
Going for Zero
We’re committed to being net zero carbon by 2030. Our pathway, independently validated by the Science Based Targets initiative, sets out how we will achieve this goal.
Emissions reduction is our priority. By committing to a 52%+ reduction in emissions over a decade, we’ve given ourselves some of the most stretching targets in the industry.
To succeed we’re transforming every element of our business from how we work with suppliers, to the management and retrofit of historic properties in Mayfair and Belgravia, to our approach to construction.
Our approach to offsetting is equally ambitious. On the way to net zero we will become carbon neutral by 2025, offsetting emissions we directly control as well as those in our value chain.
We’ll report on progress against our pathway every year, acknowledging that our emissions may rise before they fall.
While these strategies focus on our 2030 and 2025 goals, that isn’t the end. We’ve already committed to being a climate positive business by 2050 and our pathway will accelerate this journey.
Click here to access our reporting centre
The company is among the first globally to have approved near and long-term science-based emissions reduction targets with the SBTi
Grosvenor Property UK’s decarbonisation programme running ahead of plan, having driven emissions down by 24% across all scopes in 2020 and 2021