Janus Henderson has pledged to become operationally net zero carbon across its UK property fund by 2030.
The commitment will apply to all buildings owned by the portfolio in 2030, excluding those owned for less than three years, according to fund manager Ainslie McLennan.
“Residual landlord electricity consumption is to be provided by a renewable power purchase agreement. The fund’s renewable energy agreement will also be offered to all tenants,” she said.
Carbon offsets will be purchased for all residual gas consumption. McLennan also laid out longer-term objectives for the fund including having all buildings owned for more than five years operating at net zero carbon by 2035.
“In order to achieve this goal, the fund’s investment team will need to work closely with tenants to establish net zero carbon plans for the assets that they occupy. It will also be necessary to monitor tenant consumption in order to ratify progress,” McLennan said.
©2020 funds europe
