Landsec joins CUBE Competition
We’re excited to share that leading UK real estate company Landsec has signed up to CUBE Competition.
The firm has entered three of its buildings as part of the competition, including One New Change, 80-100 Victoria Street and New Street Square, all in London. The buildings are owned and managed by Landsec, who will collaborate with its occupiers, across a combined 1.5m sq ft.
Landsec’s involvement in the competition aligns with the announcement of its £135m net zero transition investment plan at the end of last year, set up to help the Group achieve its 2030 science-based target and drive its transition to net zero.
The nine-year investment plan will support Landsec’s decarbonisation plans through reducing operational energy use and moving to cleaner sources of energy. Importantly, this along with its participation in the CUBE competition, will drive innovation and best practice across the wider industry – changing behaviours and encouraging better understanding of how to drive down energy consumption.
Jennie Colville, Head of ESG and Sustainability at Landsec said:
“Joining the CUBE competition is an important part of our commitment to reduce our carbon emissions. We’re keen to find new ways to drive forward change in the industry and support our customers, communities and stakeholders to transition to a low carbon world, which includes energy reduction in our commercial buildings. Through the CUBE competition, we hope to make energy management fun collaborating with our customers to take simple steps to reduce energy consumption.”
Kristin Marin, who runs the competition in the UK, added: “We’re excited to welcome Landsec to the competition. With its significant targets to reduce carbon emissions by 70% by 2030, they’re serious about driving the property sector forward to respond to the climate crisis. Signing up three of its commercial buildings will show the significant gains that can be made via occupier and landlord collaboration and change in behaviour.”
Once the competition begins in March, the participants will be ranked monthly to decide which building has registered the largest energy reduction in percentage terms, measured against their own historic baseline of energy usage. Top performers will be revealed alongside best practice tips and interviews with the green teams at the heart of the competition who are facilitating improved energy performance.