Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We use cookies to personalise your experience; learn more in our Privacy and Cookie Policy. You can opt out of some cookies by adjusting your browser settings; see the cookie policy for details. By using this site, you agree to our use of cookies.

Legal & General sets new zero carbon housing target

modular release. selby
  • Comment

Major housebuilder and investor Legal & General will make all its new housing stock operational net zero carbon by 2030, it has announced.

The move – which it said was necessary to avoid ‘stoking up’ the climate crisis – will be implemented in phases across all homes L&G Group builds or invests in, including Build to Rent, later living and affordable housing, as well as market housing.

L&G’s growing housing platform includes Edinburgh-based housebuilder CALA Group, a 3,500-unit pipeline of affordable homes, a major later living business, a 5,000-home Build to Rent portfolio and a significant modular housing operation, which it hopes will deliver 3,000 homes a year by 2024.

The group’s chief executive, Nigel Wilson, said: ‘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.

‘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.’

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.

Related Jobs

Discover architecture career opportunities. Search and apply online for your dream job.
Find out more