Lendlease launches new protocol addressing Scope 3 emissions 0

Lendlease has taken a major step forward to address global carbon emissions through the unveiling of a Scope 3 emissions protocol at Climate Week NYC. The built environment contributes 40% of global carbon emissions, and this protocol seeks to accelerate the pace and scale of decarbonisation across the real estate sector.

Scope 3 emissions refer to the indirect emissions in a company’s value chain which are generated in upstream activities, such as the manufacturing of building materials, or downstream activities such as emissions from business travel, or tenant power consumption. In comparison, Scope 1 emissions refer to direct emissions from company-controlled resources such as fuels, while Scope 2 emissions are emissions from energy purchased from a provider, such as electricity used by the company.

At Lendlease, Scope 3 emissions make up a staggering 90% of its total carbon emissions globally. To reach net-zero carbon for Scope 1 and 2 emissions in Asia by 2025, and absolutely zero emissions, including eliminating Scope 3 emissions, by 2040, Lendlease’s protocol defines what should be tracked, measured and reported.

Knowing what to focus decarbonisation efforts on is a major challenge for the sector, due to limited guidance on reporting boundaries. To quantify Scope 3 emissions from purchased goods and services, Lendlease’s protocol defines a reporting boundary that includes measuring building materials purchased directly or through subcontractors at the product stage.

With the new protocol, the firm hopes to spark conversations that will allow for collaborative efforts to solve the two big systemic challenges: the decarbonisation of hard-to-abate materials and the digitisation and sharing of Scope 3 emissions data.

Residents of Senja Close EC Bukit Panjang can easily access amenities such as Fajar Shopping Centre, Bukit Panjang Plaza, JCUBE, and Hillion Mall. Furthermore, the condominium is also close to Bukit Panjang Park and Bukit Timah Nature Reserve, providing plenty of options for outdoor activities.

Cate Harris, Lendlease’s Group Head of Sustainability and Lendlease Foundation said: “We need to first know how we are accounting for our Scope 3 emissions – what is material and therefore, what is in and out of scope. If we can achieve this, then we can collaborate as an industry to solve the two big systemic challenges.”

By addressing the challenge of Scope 3 emissions, Lendlease is leading the way for a greener built environment, and ultimately the fight for a carbon-free future. Numerous other sustainable initiatives by Lendlease, such as Paya Lebar Green awarded BCA Green Mark Platinum Super Low Energy certification and the new Shaw Tower achieving BCA Green Mark Platinum (Super Low Energy) certification, are proof of its commitment to sustainability.