The British Property Federation (BPF) has announced plans for a Net Zero Pledge to drive momentum towards decarbonising the built environment in the UK.
The plans, which were unveiled at the UK Government Pavilion at Mipim, are designed to support all companies – from global institutions to start-ups – in their efforts to tackle carbon emissions from the built environment and to achieve net-zero by 2050.
The goal of the initiative is for all BPF members to have net-zero targets and plans in place and be signed up to the Net Zero Pledge by June 2023.
The campaign specifically aims to support smaller members on their journey to net zero by leveraging the BPF’s reach across the real estate industry and connecting small and large members in this common goal.
Melanie Leech, chief executive of the BPF, said: ‘The real estate sector has a critical role to play in tackling the climate crisis, and there is now a real sense of urgency and gathering momentum as companies make sustainability a key business priority.
‘But this is a shared objective, and our Net Zero Pledge campaign is about accelerating the pace of change by uniting the sector behind this common goal, allowing businesses across all facets of real estate to collaborate, share ideas and learn from each other. It is a bold ambition, but radical collaboration is the only way to address this urgent challenge.’
