Sirius Sirius Real Estate

Understanding and mitigating embodied carbon is an important part of our environmental strategy. Embodied carbon, which accounts for emissions generated during the extraction, processing, transportation, and installation of building materials, represents 14.7% of our overall carbon footprint.

It not only extends the life of our assets, minimising the embodied carbon associated with demolition and new construction, but also gives us the opportunity to improve energy performance in ways that are practical, cost-effective, and aligned with the needs of our multi-tenanted business parks.

Strengthening our understanding of embodied carbon

During FY2025/26, embodied carbon across the German portfolio was 11,118.64 tCO2e, broadly in line with the restated FY2024/25 figure. We continue to refine our approach to embodied carbon measurement, and the prior year figure has been restated to reflect an improvement in our calculation methodology. Some year-on-year fluctuation is expected given the varying intensity of refurbishment activity across the portfolio.

Embodied carbon in total emissions: Germany

FY 2024/25

FY 2025/26

11,437.88

tCO₂e

11,118.64

tCO₂e

Using insights from our award-winning BIM system, which supports more detailed tracking of materials and installation data, we are working to refine our embodied carbon model to better reflect our buildings, refurbishment patterns, and material choices. This will help ensure that embodied carbon assessments remain accurate as the portfolio evolves, while supporting more informed decision-making for future works.


Working with suppliers for lower impact materials

Supplier engagement remains an important part of managing the environmental impact of refurbishment. All new supplier contracts continue to incorporate ESG clauses this year, reinforcing expectations around responsible sourcing, improved circularity, and waste minimisation. We are also working with our facilities management partners to identify opportunities to reduce the environmental impact of technical equipment and consider lower carbon alternatives where feasible.

As we continue to modernise our buildings, material efficiency will remain a core consideration, balancing environmental responsibility with the practical requirements of maintaining safe, functional, and reliable workspaces for our tenants.

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