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 | Jul 16, 2020
Tips to make optimal use of salvaged materials
Integrated teams, staging warehouse, and looking early and often, among recommendations.
Codes and Standards | Jul 15, 2020
Georgia gives the go-ahead for tall mass timber construction
Standards review scheduled to be completed by July 2021.
Codes and Standards | Jul 15, 2020
Softwood-lumber duties boost expenses amid COVID-19 outbreak
Little hope this year for resolution of trade dispute with Canada.
Codes and Standards | Jul 14, 2020
Metal Construction Assn. releases three EPD updates
Pertain to Metal Composite Materials, Insulated Metal Panels, and Roll Formed Aluminum and Steel Cladding.
Codes and Standards | Jul 13, 2020
5 must reads for the AEC industry today: July 13, 2020
4 technologies for improving building sanitation and tech's ever-evolving impact on the multifamily space.
Codes and Standards | Jul 9, 2020
Funding opportunity for field validation of high-impact building technologies
Dept. of Energy program targets dynamic interactions with electric grid.
Codes and Standards | Jul 8, 2020
Standards for reducing risk of COVID-19 in senior living communities
AIA releases strategies and illustrations for the sector.
Codes and Standards | Jul 6, 2020
Guide presents benefits of public-private partnerships
Discusses process from project conception to construction.
Codes and Standards | Jul 1, 2020
COVID-19 public health guidelines may be downplaying building systems solutions
Emphasis on cleaning surfaces overlooks importance of mechanical infrastructure.
Codes and Standards | Jun 30, 2020
WELL building institute steps up health safety rating for hotels and resorts
Certification body forms advisory group of industry leaders and health experts.