Important
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The programme of activities will be continuously updated to reflect operational and sustainability priorities.
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.
Embodied carbon in total emissions: Germany
FY 2023/24 |
FY 2024/25 |
9,383.65MtCO₂e |
96%MtCO₂e |
The increase in FY2024/25 reflects a higher volume of refurbishment activity and greater investment across our German portfolio. Some of this year’s emissions also relate to projects initiated in the previous financial year but captured in this year’s reporting, as we account for embodied carbon based on actual spend when the project is completed, rather than project start dates or on a pro rata basis.
These results highlight the importance of continuing to refine our modelling and assumptions. Next year, we aim to review and update our embodied carbon model to better reflect our current portfolio, material intensity and project types.
By leveraging the insights from the sample analysis of our German portfolio we can refine our approach to embodied carbon. This includes assessing material choices, improving project planning, and considering lower-carbon alternatives where feasible. The sample analysis also allows us to strengthen our emissions reporting and informs our engagement with our suppliers. We continue to engage with our providers of materials and services to enhance sustainability practices, including sustainable sourcing and, importantly, to minimise construction waste and improve circularity in our operations. ESG clauses are included in all contracts, and all new suppliers are required to sign agreements that reflect these standards. We are also working with our facilities management partners to explore opportunities for reducing the impact of technical equipment used across our sites.
All of these aspects contribute to enhancing operational efficiency and supporting our work to repurpose and refurbish the older buildings which make up a large portion of our portfolio.
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