Legal & General

Legal & General commits to net zero carbon across housing portfolio



Legal & General has announced that it will make all of its new housing stock operational net zero carbon enabled by 2030.

This will be phased in across all homes invested in or built by the Legal & General Group, including build to rent, build to sell, later living, and affordable housing.

The housebuilder will aim to achieve net zero carbon on new homes by improving thermal building fabric and the use of environmental control systems, such as low and zero-carbon technologies.

The group has been piloting energy-saving initiatives through the design and operation of the housebuilding business.
Its modular homes product portfolio will form all future developments and consists of two- and three-bedroom houses and one- and two-bedroom apartments.

Inspired Villages, Legal & General’s later living business, has successfully reduced utility consumption across its properties by 30% and 10% of parking spaces are now reserved for electric vehicle charging.

Nigel Wilson, chief executive at Legal & General, commented: “We have to build back better after Covid-19.

“But as we accelerate building, we have to avoid stoking up a climate crisis that would be at least as serious as the Covid-19 emergency.  

“Across our own housing platform, we continue to invest and progress planning for future developments, providing much needed economic stimulus and accelerating the delivery of homes across the UK. 
 
“By enabling all new Legal & General homes to be operationally net carbon neutral within a decade, the emission of many tonnes of greenhouse gasses will be avoided, while saving customers money and meeting the needs of investors who increasingly focus on sustainable solutions.”


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