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25 June 2012 | Kamalpreet Badasha
British Land has made £3.3 million savings on energy costs over the past three years across its portfolio of buildings.
The property developer, which owns retail locations and central London office buildings, said in its Corporate Responsibility Report 2012 that it also reduced carbon emissions by 24,500 tonnes.
The energy savings and carbon reduction were made across British Land’s like-for-like building portfolio for 2012 compared to a 2009 baseline.
The energy savings were achieved through a variety of means, such as a sub-metering system that enables office building tenants to be billed for their individual use of utilities and a lighting replacement programme which has improved energy efficiency across its portfolio. Culture changes, such as retailers switching off lights outside of trading hours, have also helped to save energy. Other initiatives include the Green Building Management Group where office occupiers meet to share ideas about energy reduction.
British Land reduced water consumption by 10 per cent and saved £141,700 between 2009 and 2012 by identifying and fixing major leaks. It plans to increase water efficiency further by using meters, as well as exploring other methods.
The organisation also diverted 87 per cent of waste from its properties away from landfill. It recycled 23,100 tonnes of waste to make a saving in landfill tax costs of £1.1 million. However, the report said waste management remains a challenge because of a lack of alternatives to landfill.
Adrian Penfold, head of planning and corporate responsibility, said: “This year, more than ever, we’ve focused on achieving results on the sustainability issues that matter most to us and our key stakeholders. Our business is built on meeting the requirements of our customers, and this is reflected in our approach to corporate responsibility.”