British Land

British Land, a UK-based real estate services company, has committed to significant climate action, including ambitious Science Based Targets initiative (SBTi) approved targets.

In 2026, British Land's total reported emissions are approximately 1.15 billion kg CO2e. This includes Scope 1 emissions of approximately 4.95 million kg CO2e, Scope 2 market-based emissions of approximately 2.26 million kg CO2e, and Scope 3 emissions of approximately 1.14 billion kg CO2e. The largest contributors to Scope 3 in 2026 are capital goods (approximately 818.67 million kg CO2e) and purchased goods and services (approximately 222.19 million kg CO2e).

For 2025, the company reported total emissions of approximately 306.94 million kg CO2e, comprising Scope 1 emissions of approximately 5.44 million kg CO2e, Scope 2 market-based emissions of approximately 0.90 million kg CO2e, and Scope 3 emissions of approximately 300.00 million kg CO2e. In 2024, total emissions were approximately 144.38 million kg CO2e, with Scope 1 emissions of approximately 5.57 million kg CO2e, Scope 2 market-based emissions of approximately 1.56 million kg CO2e, and Scope 3 emissions of approximately 137.28 million kg CO2e.

British Land has established near-term Science Based Targets (SBTs) to reduce absolute Scope 1 and 2 GHG emissions by 51% by FY2030 from a FY2020 base year. They also commit to reducing Scope 3 GHG emissions by 55% per square metre of net lettable area over the same timeframe. These Scope 3 intensity targets specifically cover purchased goods and services, capital goods, and downstream leased assets.

Additionally, British Land has a long-term commitment to achieve net-zero greenhouse gas emissions across its entire value chain by FY2050, as recognised by SBTi. This net-zero pathway includes targets to reduce Scope 1, 2, and 3 in-use operational GHG emissions of owned and leased buildings (covering downstream leased assets) by 96.5% per m2 by FY2040 from a FY2024 base year. The company also aims for a 90.0% absolute reduction in Scope 3 GHG emissions by FY2050 from a FY2024 base year. British Land has also committed to installing no new fossil fuel equipment in its building portfolios from January 2030.