We work to minimise our impact and are committed to reducing our carbon emissions to net zero by 2040. From decarbonisation pathways to sustainable design consultancy, we strive for a sustainable transition.
Savills PLC is committed to achieving net zero for its operations (Scope 1 and 2 greenhouse gas emissions(GHG)) in 2030 and for its value chain (Scope 3) GHG emissions by 2040.
In February 2024, Savills had near-term science-based carbon reduction targets validated by Science Based Targets initiative (SBTi) as follows:
- Savills plc commits to reduce absolute scope 1 and 2 GHG emissions 72% by 2030 from a 2019 base year.
- Savills plc also commits to reduce scope 3 GHG emissions from purchased goods and services 51.6% per million GBP of value added by 2030 from a 2022 base year.
To learn more about our route to net zero view our Net Zero Transition Plan.
Our consultancy team, Savills Earth, brings together energy and sustainability experts to offer bespoke consultancy advice to our clients. We promote thought leadership and launched real estate’s first sustainability graduate programme in the UK, encouraging fresh perspective on a constantly evolving topic. Whilst each of our client’s assets and aspirations differ, we aim to support each of them and the wider industry to grasp the challenges ahead and implement proactive strategies in response.
2023 KEY PERFORMANCE HIGHLIGHTS
- Reduced our UK greenhouse gas emissions by 25% year on year and 53% compared with our baseline year of 2019.
- We completed over 180 carbon audits in the food and farming sector, produced 51 single-asset net zero pathways and 7 multi-asset pathways on behalf of our clients.
- We launched our new podcast series 'Savills Earth Real Estate Insights' with each episode discussing a key sustainability issue with expert speakers at Savills. Healthy debate, discussion and ideas were exchanged relating to the circular economy, biodiversity, energy, transport and infrastructure and the supply chain. The series resulted in 17,000 downloads.
- In 2023 we advised our clients on approximately 100,000 acres of land for natural capital and nature restoration projects as well as the planting of 2.8million trees across England and Scotland.
- Savills sustainability experts have joined the UK Net Zero Carbon (UKNZC) Buildings Task Group and have contributed to the first Net Zero Carbon Buildings standard in the UK.