Balanced resources

MAKING OUR MONEY WORK HARD THROUGH EFFICIENT USE OF RESOURCES ACROSS OUR BUSINESS

Currently one-fifth of the UK’s carbon emissions come from homes, so in order to achieve net zero and limit global warming, emissions from residential property must be reduced. As part of our Balanced Resources pillar, we carry out Whole Life Carbon assessments on all of our new schemes and continue to make great strides in reducing embodied carbon against our 2019 baseline, to ensure a 10 per cent reduction in line with our 2023 aspirations. Accurately forecasting and monitoring Whole Life Carbon with greater transparency through supplier Environmental Product Declarations will continue to be a challenge for the sector going forward.

41% reduction in our site CO2 e intensity (2021: 6.3%)

99% of waste diverted from landfill (2021: 97%)

16% reduction of water in new homes (2021: 16%)

As part of our net zero aspirations, it is important that we mitigate our on-site construction carbon impacts. Our approach is to connect to the grid at the earliest opportunity and we are also trialling battery operated technology on our Capital Interchange Way scheme to minimise the need for diesel generators on-site.
Kris Martin, Senior Construction Manager, BLL Champion

MATERIALITY ISSUES

Energy and Carbon

Reducing the energy consumption and carbon footprint of Telford Homes, in line with a net zero business strategy.

The climate emergency is an urgent and significant problem and the built environment is a large contributor to climate change. This issue encompasses carbon footprint reporting, risk analysis and plans to reduce the corporation’s Scope 1, 2 and 3 emissions. Environmental impacts arise from the energy consumption within the organisation and the type of energy purchased. Impacts can be mitigated through a commitment to purchase or generate renewable energy and to implement energy efficiency schemes. Financial risks resulting from price uncertainty can also be mitigated through on-site energy generation and energy efficiency. The regulatory landscape is also creating continued pressure for businesses to act and report on their transition to net zero. Telford Homes has already committed to net zero carbon by 2030, creating opportunities for reputational benefit and early-mover advantage.

Whole Life Carbon, OneClick and Future Home Standard

Perfume Factory

A landmark mixed-use, rental housing development, built on the site of the former Elizabeth Arden factory.

The Perfume Factory scheme will see the former Elizabeth Arden factory site transformed into a new residential led mixed-use redevelopment, delivering 374 new homes (36 per cent affordable), 1,403 sq. m. of commercial floorspace, rooftop amenity space and public realm improvements.

Balanced resources