The difficulties in measurement will make the substance of housebuilders’ pledges hard - but not impossible - to assess, says Joey Gardiner
In the run up to built environment day at the COP26 climate summit today, a rash of major listed housebuilders, including Countryside and Redrow, have launched ‘net zero’ plans for their businesses.
Countryside last week said it was committed to reducing emissions from its operations by 42% by 2030, and indirect emissions from its homes by 52% - which it said had been assessed as in line with keeping the earth to a 1.5C temperature rise, the aim of the current climate talks. Redrow, meanwhile said it wanted to be a net zero business by 2050, and will set out more detailed interim targets next year.
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