Hear why we have made it our mission to reach absolute zero by 2040

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Climate and Environment

Our climate mission is clear

The built environment contributes around 40 per cent of the world’s carbon emissions. We have a responsibility and an opportunity to act. As a 1.5°C aligned company, we have set ourselves ambitious science-based emissions reduction targets. Our targets have been validated by the Science Based Target initiative as being line with a 1.5°C trajectory. 

Our industry-leading targets make our intention clear: to lead the transformation of our industry, inspiring a different level of thinking and shifting the attention to carbon elimination – not just reduction or offsetting. This is our Mission Zero.

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Lendlease Scope 3 Emissions Protocol: Our Reporting Boundary

Our Absolute Zero by 2040 target is industry leading and bold. It is a target focused on eliminating, rather than just offsetting, the Scope 1, 2 and 3 emissions within the boundaries we have defined as being relevant to our value chain.

The Lendlease Scope 3 Emissions Protocol V.1 is intended to contribute to broader efforts to help define a global approach to the measurement and reporting of Scope 3 emissions associated with real estate investments, development, and construction business activities.

Mission Zero Regional Roadmaps

We have clear plans in place to decarbonise our business globally

We’ve developed a five-step pathway to guide our journey to Absolute Zero by 2040. Our regional Mission Zero Roadmaps set out specific regional strategies and timeframes to eliminate Scope 1, 2 and 3 in line with our targets. Our Roadmaps are tailored to account for regional variances in the availability of alternative fuel options, renewable energy markets, technology, supply chain maturity and government policy. They provide the detail to drive specific and timely action towards achieving our targets, and are another measure of our performance.  

“Setting bold targets in 2020 was the first important step; outlining a clear plan and acting on it is essential to authentically decarbonise our business.”

- Dale Connor, CEO Lendlease Australia

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Mission Zero Progress Report, Asia

Our goal of absolute zero carbon by 2040 is starting to become a reality

Climate action

Our climate ambitions and actions are embedded 
across the organisation.

Our progress

We are making progress on our Mission Zero Roadmap initiatives to reduce scope 1, 2 and 3 emissions.

Industry transformation

We’re working in partnership to drive industry transformation

Meaningful, lasting change is a global challenge. We’re learning from and inspiring clients, partners, tenants and our supply chain to help achieve the radical industry transformation we need.

We’re on our way, with some brilliant partners. Learn about them here.
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Climate resilience

We are assessing climate change impacts to support the resilience of our business

Lendlease recognises the risks and opportunities associated with climate change. Climate related risk is embedded in our strategic and business planning cycles and all projects and investments conduct climate related risk assessments. Climate change adaptation and mitigation plans inform development, construction and operation of the buildings and places we create. Since 2018 we have been disclosing our exposure and resilience to climate change through the lenses of governance, strategy, risk management, and metrics and targets, prepared in accordance with the Task Force for Climate-related Financial Disclosure (TCFD) recommendations. We are currently preparing our climate-related financial disclosures to align with the incoming Australian Sustainability Reporting Standards (ASRS). The draft ASRS have been developed using the International Sustainability Standards Board’s (ISSB) sustainability disclosure standards, which draw on the TCFD framework. 

News & Insights

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Zero in our sights

Here are some of the steps we're already taking.