Lendlease and its partner Aware Super, a superannuation fund, say the global real estate company’s multifamily portfolio in Boston and Chicago has been verified as “net zero carbon.”
New projects in New York City and Los Angeles are on track to achieve the same goal as construction gets underway. The company achieved net zero through a combination of efficient design to reduce electric usage by making systems operate more efficiently and through the purchase of carbon offsets.
The company reduces resident emissions by focusing on efficient space heating, air conditioning and ventilation, water heating, cooking, water use and treatment, and waste treatment, including building amenities. “We only use carbon offsets for the residual emissions that we cannot avoid,” according to a Lendlease news release.
“Carbon offsets purchased are U.S.-based renewable energy from wind power with social outcomes as a co-benefit,” the release says. “The offset project supports sustainability education and is linked to research and skills training programs aimed at supporting green jobs.”
Lendlease is targeting absolute zero carbon across its global enterprise by 2040, which entails a commitment to no longer purchasing offsets.
Related Stories
Codes and Standards | Feb 2, 2021
Biden tells OSHA to bolster COVID-19 safety rules
Order could lead to a national playbook for fighting COVID-19 on jobsites.
Codes and Standards | Feb 1, 2021
Fenestration Alliance updates standard for mulled combination assemblies
Last updated in 2010, document describes procedures and requirements for air leakage, water resistance, and structural performance.
Codes and Standards | Jan 28, 2021
Natl. Fire Protection Assn. releases new energy storage system fact sheet
Comes as Biden Administration prepares ambitious clean energy agenda.
Codes and Standards | Jan 27, 2021
AECOM sues insurance carrier for payment of COVID-19 property damage claims
Claims ‘all-risk policies’ should have included millions of dollars of losses due to virus.
Codes and Standards | Jan 26, 2021
Updated guide to repair and rehabilitate existing concrete structures published
Document assesses how to adhere to code requirements.
Codes and Standards | Jan 25, 2021
New guide for skylight selection, daylighting design released
Free Fenestration and Glazing Industry Alliance document now available.
Codes and Standards | Jan 21, 2021
California considers statewide ban on natural gas heat, hot water in new homes
Code update would take effect in 2023.
Codes and Standards | Jan 20, 2021
Steel industry, labor urge Biden to retain steel tariffs
‘Essential to ensuring the viability of the domestic steel industry.’
Codes and Standards | Jan 19, 2021
2021 Solar Investment Tax Credit will remain at 26%
Incentive was scheduled to be reduced to 22%.
Codes and Standards | Jan 19, 2021
Thomas Jefferson University launches the Institute for Smart and Healthy Cities
Will address climate change, social equity, rapid urbanization, and health.