Landsec

Landsec, a UK-based real estate services company, reported total carbon emissions of approximately 186.8 million kg CO2e in 2025. This includes Scope 1 emissions of 5.17 million kg CO2e, Scope 2 emissions of 17.94 million kg CO2e (location-based), and Scope 3 emissions of 177.55 million kg CO2e. This represents a decrease from their 2024 total emissions of approximately 213.28 million kg CO2e.

Landsec is committed to significant emissions reductions, with targets validated by the Science Based Targets initiative (SBTi). They aim to achieve net-zero greenhouse gas (GHG) emissions across their entire value chain by 2040, using a 2020 baseline. Their near-term SBTi targets include reducing absolute Scope 1, 2, and 3 GHG emissions by 47% by 2030 from a 2020 base year. For long-term goals, they commit to reducing absolute Scope 1, 2, and 3 GHG emissions by 90% by 2040 from the same 2020 baseline.

Additionally, Landsec has set a commitment to reduce absolute Scope 1 and 2 GHG emissions by 60% by 2030, from a 2020 baseline year, and to reduce absolute Scope 3 GHG emissions from all reported sources by 45% within the same timeframe. They also target a 52% reduction in energy intensity (kWh/m2) by 2030, compared to a 2019/20 baseline. Earlier commitments included a 70% reduction in absolute carbon emissions (Scope 1, 2, and a portion of Scope 3) by 2030 from a 2013/14 baseline and a long-term ambition of an 80% carbon intensity reduction by 2050. Landsec also signed The Climate Pledge in July 2021.