A race against time and against ourselves. Against the dangerous idea that we can’t do this, that there is no way.
Unlike most races, it won’t have one winner. In this race we all win, or we all lose. Winning it requires a radical, unprecedented level of collaboration, from all corners of our world. From our cities, businesses, regions and investors. From people everywhere.
Together we’re racing for a better world. A zero carbon and resilient world. A healthier, safer, fairer world. A world of wellbeing, abundance and joy, where the air is fresher, our jobs are well-paid and dignified, and our future is clear.
To get there we need to run fast, and get faster. We need more and more people to join the race, and right now. This is not about 2050, it’s about today.
Together, we can do this. And we’re already on our way.
To mark the day, UK commercial property and investment company, Landsec hosts Race to Zero’s birthday video on its famous Piccadilly Lights.By Climate Champions | June 15, 2021
One of London’s most iconic sites, the Piccadilly Lights, played host to Race to Zero’s One Year Anniversary video. It’s a video that celebrates the progress and continued momentum of the world’s largest alliance of non-state actors credibly committed to halving emissions by 2030.
The Lights have been one the capital city’s most striking features for over a century – advertising some of the world’s biggest names and brands. The Climate Champions are therefore proud and honoured to see our campaign in lights, showing the world that the race to a cleaner, tastier, healthier and safer world is truly on!
Managed by the UK’s largest commercial property development and investment company, Landsec, the site is visible to 100 million people who pass through Piccadilly Circus every year.
But it’s not just its stellar iconicism that the Climate Champions are excited about. As a member of Race to Zero, Landsec embodies the vision of a net zero world. Over the course of the next decade, the company is on course to reduce its absolute carbon emissions by 70% from a 2013/14 baseline.
Landsec, which manages a portfolio of £10.8 billion, covering 23.5 million sq ft, in 2016 became the first commercial real estate company in the world to have its carbon emission target approved by the Science Based Targets Initiative, and in 2019 it aligned its targets to a 1.5oC scenario. As a result, this year it has already reduced its carbon emissions by 42%.
To become a net zero carbon business Landsec is following five actions, that include:
Reducing operational energy use in support of its updated science-based carbon reduction target, aligned with a 1.5°C scenario
Investing in renewable energy through is Renewable Energy Guarantees of Origin (REGO)-backed contracts and Power Purchase Agreement, as well as implementing on-site renewables across its assets
Using an internal shadow price of carbon to clearly communicate climate-related risks and opportunities in investment decisions
Reducing construction impacts through asset retention, efficient design and responsible sharing
Offsetting the remaining emissions through carefully selected projects which actively take carbon out of the atmosphere.
With five months until COP28, UN Climate Change High-Level Champion from the COP28 Presidency, H.E Razan Khalifa Al Mubarak has told stakeholders at an event in Dubai on Monday they must promote collective climate action.
It has been brought to our attention that there may be cause for legal concern with text in the Expert Peer Review Group’s Interpretation Guide, which accompanies the campaign’s Criteria. We therefore want to reaffirm key elements of the Criteria.
First-ever United Nations Climate Action: Race to Zero and Resilience Forum will convene heads of state and leaders from cities, regions, businesses, and investors to mark progress and turbocharge climate action ahead of COP27.