Developer Grosvenor is pioneering a net zero mentoring programme to take its supply chain along the path to net zero carbon.
Thirty-eight contractors, suppliers and consultants started the free mentoring programme in late March.
What is Grosvenor’s net zero programme?
It aims to help firms with fewer than 500 employees map and reduce their own carbon footprint. This, in turn, will allow Grosvenor to hit its own ambitious targets on its building programmes.
Grosvenor has partnered with green consultant Heart of The City to help its supply chain shift businesses over to the use of science-based targets.
Over eight months, firms like Collins Construction, SW Bruce, John F Hunt and Blenheim House Construction will gain support.
The programme takes the format of workshops, clinic sessions and 1:1 mentoring.
Businesses will receive support calculating their baseline, setting an action plan and achieving a validated Science Based Target.
Together, these firms represent 31% of Grosvenor’s annual third party spend.
A meaningful impact
Grosvenor’s UK property business has some of the most stretching environmental sustainability targets in its sector.
Victoria Herring, Sustainability Programme Director, Grosvenor, commented: “The response to the programme has been so significant that we have split participants in to two groups.
“Combined with the commitments of our largest suppliers, the success of this collaborative effort will have a meaningful impact on our scope 3 emissions and drive change across the built environment value chain.”
Think Zero, its net zero pathway, commits it to reducing emissions across all scopes by at least 52% by 2030.
In fact, supply chain emissions account for almost 50% of the business’ carbon footprint between 2019 and 2030.
Therefore, working with partners committed to net zero will be a critical success factor.
By 2030, the business expects 40% of its supply chain by emissions to have a Science Based Target. Plus, from 2023, Grosvenor does not intend to award contracts over £1 million to partners without a Science Based Target.
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