The Howard de Walden Estate Announced as Better Buildings Partnership’s 55th Member
27 November 2023
The Howard de Walden Estate Announced as Better Buildings Partnership’s 55th Member
27 November 2023It has been announced today that The Howard de Walden Estate has joined the BBP membership; a collaboration of 55 leading property owners, who collaborate to improve the sustainability of commercial buildings. The membership now represents over £340bn AUM.
Howard de Walden manages a portfolio of over 800 property interests, in a 95-acre area of Marylebone, London, spanning healthcare, residential, office, retail & leisure, and education sectors. The investment property value is £4,449m* and it is situated within a conservation area, within the City of Westminster.
Earlier this year, Howard de Walden committed to achieving net zero carbon by 2040, with an approved science-based target (SBTI); which requires them to reduce their Scope 1 and 2 emissions by 50% by 2030, and deliver further reductions in their Scope 3 emissions by 2040. Their Net Zero Carbon commitment can be found in their Annual Report, and on their website here.
To support its delivery, Howard de Walden have recently published its Sustainability Strategy, deCarbon, which is underpinned by four key strategic commitments to guide their sustainability agenda and response to climate change over the coming years. The commitments define business improvement priorities, including the programmes of work managed by their Sustainability Committee and Sustainability Taskforce.
Sarah Ratcliffe, CEO, Better Buildings Partnership said: “Howard de Walden have demonstrated a robust commitment to sustainability through their ambitious net zero carbon commitment, and we look forward to welcoming them to the BBP Membership, to further accelerate the sustainable transformation of their portfolios, and work collaboratively with our existing members to drive market transformation across the sector.”
Simon Tranter, Head of Sustainability, Howard de Walden said: “Howard de Walden is a company firmly rooted in science and guided by a deep trust in its principles. We understand the pressing need to curtail carbon emissions and combat the advancing impact of climate change. This is why becoming a member of the BBP is so important – we know there is a shared endeavor to learn, improve, and to act with the support of the real estate industry.”