Legal & General lobbies for government action to lower emissions from built environment

In an open letter to the UK government, Legal & General has called for tighter standards and tougher legislation to improve the environmental performance of UK property.

According to L&G, buildings account for over a third of overall UK greenhouse gas emissions today, with heating and hot water constituting 20%.

As the government accelerates large building programmes to help the economy recover from the impact of COVID-19, the letter states: “The recovery must be achieved without locking in high-emitting and inefficient buildings for decades to come. As the recovery gets underway, it is crucial that the opportunity to build back better is not lost.”

By 2030, the letter outlines Legal & General’s commitment to ensure all properties built by its housing businesses will be capable of operating at net zero carbon emissions.

L&G called on the government to reintroduce net zero-carbon standards for new homes and to implement embodied carbon targets for new public buildings, large public renovations and infrastructure projects.

The insurer wants the government to raise the Minimum Energy Efficiency Standards for non-domestic lettings and to reduce the energy performance gap through transforming mainstream industry initiatives from Design for Compliance to a Design for Performance programme

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