Potential offtaker

Lendlease

www.lendlease.com

N/A
N/A

Lendlease is a leading international property and infrastructure group based in Australia that operates in the building construction sector. The company has a global presence with operations in Australia, Asia, Europe, and the Americas. Lendlease is committed to sustainability and has set ambitious targets to reduce its carbon footprint and support decarbonisation efforts.

Decarbonisation is a critical issue for Lendlease, and the company has taken several steps to reduce its carbon emissions. Lendlease has set a target to achieve net-zero carbon emissions by 2040, which is aligned with the Paris Agreement's goal of limiting global warming to 1.5 degrees Celsius. To achieve this target, Lendlease has developed a decarbonisation strategy that focuses on reducing energy consumption, increasing the use of renewable energy, and improving the efficiency of its buildings.

One of the key initiatives that Lendlease has undertaken to support decarbonisation is the installation of renewable energy systems in its buildings. The company has invested in solar panels, wind turbines, and other renewable energy technologies to generate clean energy on-site. Lendlease has also entered into corporate power purchase agreements (PPAs) with renewable energy providers to purchase renewable energy from off-site sources. These PPAs help Lendlease to reduce its carbon footprint while also providing a reliable and cost-effective source of energy.

Corporate energy management is another area of focus for Lendlease. The company has implemented energy-efficient technologies and practices in its buildings to reduce energy consumption and costs. Lendlease has also developed a comprehensive energy management system that tracks energy use, identifies areas for improvement, and implements energy-saving measures. By improving energy efficiency, Lendlease can reduce its carbon emissions and operating costs while also providing a more sustainable and comfortable environment for its occupants.

Lendlease has also implemented a corporate PPA program to support the development of new renewable energy projects. Through this program, Lendlease enters into long-term agreements with renewable energy providers to purchase renewable energy at a fixed price. These agreements provide a stable revenue stream for renewable energy projects, which helps to accelerate the development of new renewable energy infrastructure. By supporting the growth of renewable energy, Lendlease is contributing to the transition to a low-carbon economy.

In addition to its sustainability initiatives, Lendlease is also committed to social responsibility and community engagement. The company has a strong focus on creating sustainable and inclusive communities that are resilient to climate change. Lendlease works closely with local communities and stakeholders to understand their needs and develop projects that deliver social, economic, and environmental benefits.

Lendlease has a strong track record of delivering sustainable and innovative building projects. The company has been involved in several high-profile projects, including the Barangaroo South development in Sydney, which is one of the largest urban regeneration projects in Australia. The development includes several sustainable features, such as a centralised cooling and heating system, rainwater harvesting, and a green roof. Lendlease has also been involved in the development of several renewable energy projects, including wind farms and solar parks.

In conclusion, Lendlease is a leading international property and infrastructure group that is committed to sustainability and decarbonisation. The company has set ambitious targets to reduce its carbon footprint and support the transition to a low-carbon economy. Lendlease has implemented several initiatives to achieve these targets, including the installation of renewable energy systems, corporate PPAs, and energy-efficient technologies. The company's focus on sustainability and community engagement has helped it to deliver innovative and sustainable building projects that provide social, economic, and environmental benefits.

✓ Science Based Targets member
✓ Declared Net Zero commitment