Our Approach

With the help of the University of Queensland, we have explored how quickly can we electrify construction machinery and what alternative fuels are viable. UQ’s new report, Planning a Transition to Low and Zero Emission Construction Machinery, addresses these questions with rigour and evidence. Lendlease’s companion report, Stepping Up the Pace: Fossil Fuel Free Construction, translates UQ’s research into a clear action plan to create fully-electric, fossil fuel free construction sites.

LREIT has just clinched a S$860 million unsecured Sustainability-Linked Loan (“SLL”), the largest ever such facility granted to an S-REIT. The SLL bolsters LREIT's efforts in minimising its carbon footprint by pegging the interest rate on this loan to LREIT’s tangible improvements on predetermined sustainability performance targets.

As investors become increasingly climate-conscious, demand for greater sustainability efforts in the built environment has risen exponentially. With construction materials accounting for 11% of carbon emissions globally, and concrete being the most widely used construction material in the world, Lendlease saw the clear need to innovate around low carbon concrete.

Lendlease launched BeOnsite in 2007 and the organisation is dedicated to helping people from disadvantaged groups find work in the construction industry. BeOnsite recently won a prestigious Queen’s Award for Enterprise in the category of promoting opportunity through social mobility.