From July 2020 Tritax Symmetry will mitigate the embodied carbon generated from its development programme by funding high-quality, accredited and verified offset schemes. The offset scheme selected is in line with the current principles set out in UKGBC’s net zero framework.
The move comes after an intensive 12-month study with parent company, investment vehicle Tritax Big Box REIT which evaluated the whole life carbon of a typical logistics development blueprint, assessing the areas of highest embodied carbon and opportunities to reduce these.
“This is a watershed moment for our business, and it is great to see the roll-out of this initiative which we have been working on for over 12 months,” said Kevin Theobold, Head of Construction at Tritax Symmetry.
Tritax join a growing list of logistics developers to make the net zero carbon pledge for construction. In March, before lockdown, St. Modwen also committed to be fully net zero carbon by 2040 thanks to a six-pronged sustainability framework.