Primary Health Properties PLC Launch of Net Zero Carbon ("NZC") Framework (7957B)
16 2월 2022 - 4:01PM
UK Regulatory
TIDMPHP
RNS Number : 7957B
Primary Health Properties PLC
16 February 2022
16 February 2022
Primary Health Properties PLC
("PHP", the "Group" or the "Company")
Launch of Net Zero Carbon ("NZC") Framework
Primary Health Properties PLC, one of the leading investors and
developers of flexible, modern primary healthcare accommodation
across the UK and Ireland, is pleased to announce the launch of the
Group's Net Zero Carbon ("NZC") Framework.
PHP is committed to transitioning to NZC across its operations
and property portfolio. We have set out below the five key steps to
achieve an ambitious target of being NZC by 2030 for all of PHP's
operational, development and asset management activities and to
help our occupiers achieve NZC by 2040, five years ahead of the
NHS's target of becoming the world's first net zero carbon national
health system by 2045, and 10 years ahead of the UK and Irish
Governments' targets of 2050.
PHP has a strong commitment to responsible business and ESG
matters to address the key areas of the environment, social and
governance issues that are embedded into the Group's investment,
development, asset management and corporate activities. The Group
realises the importance of its assets to the local healthcare
community, making it easier for GP, NHS and HSE occupiers to
deliver effective services.
PHP'S Net Zero Carbon Framework
Year Target Intermediate actions being taken to achieve
target
2023 Operations to be
net zero by 2023 * Assets where we have control and management will be
NZC by 2023 with all residual carbon offset through
carefully selected projects which actively take
carbon out of the atmosphere
* Procuring 100% renewable electricity where available
and PHP controls the supply
* Continued reductions in the carbon footprint of all
management and head office activities with residual
emissions offset annually
--------------------- --------------------------------------------------------------
2025 All new developments
to be net zero by * Reduce carbon emissions associated with our
2025 development activities
* Benchmark embodied carbon and undertake whole life
carbon assessment for all new developments
* Align developments to supply chains that target
minimising embodied carbon and provide low carbon
materials
* Offset the remaining carbon from our development
activities including embodied carbon of materials and
fossil fuel energy consumed during construction
* Continually review and embed NZC aligned operational
and embodied carbon performance targets in future
designs
--------------------- --------------------------------------------------------------
2030 All properties to
have an EPC rating * Across the portfolio all properties to have an EPC
of B or better and rating of B or better or are capable of achieving
target improved this when next refurbished
energy performance
* Through our asset and property management activities,
review and continually reduce energy use intensity
(kWh/m(2) ) of our buildings through upgrades to
building fabric and systems replacing and improving
energy consuming features with technologies
exhibiting high energy performance credentials
* Offset the remaining carbon from our asset management
activities including embodied carbon of materials and
fossil fuel energy consumed during construction
* Collect and communicate energy performance data for
all our occupiers, including Display Energy
Certificates ("DEC"), and help them to transition to
renewable electricity supplies and operate our
buildings in the most energy efficient way
--------------------- --------------------------------------------------------------
2035 All buildings to
have achieved an * Continued energy demand reduction through upgrade and
80% reduction in refurbishment
carbon footprint
* Increase the amount of renewable electricity we
generate on our sites such as solar and other
renewables
* For existing properties that have gas heating we will
replace these systems with electric, heat pumps or
other renewable alternatives
--------------------- --------------------------------------------------------------
2040 All buildings to
be net zero by 2040 * Help occupiers to lease and operate our buildings to
achieve a NZC footprint in operation
* Offset any remaining occupier residual carbon from
2040 for all properties where the lease was signed or
renewed after 2035
* NZC achieved five years ahead of the NHS's target of
2045 and 10 years ahead of the UK and Irish
Governments' targets of 2050
--------------------- --------------------------------------------------------------
Further details on the Net Zero Carbon Framework will be
available in the 2021 Annual Report and website.
Harry Hyman, Chief Executive Officer of Primary Health
Properties, commented:
"We are delighted to be publishing alongside our results today
PHP's Net Zero Carbon ("NZC") Framework, an ambitious five-stage
plan that will transition the Group's portfolio to net zero by
2040. This roadmap demonstrates that the Group's commitment to
ensuring responsible business and sustainably are at the heart of
our investment, development, asset management and corporate
activities while making it easier for GP, NHS and HSE occupiers to
deliver effective services and to meet their own NZC targets."
ENDS
For further information contact:
Harry Hyman Richard Howell
Chief Executive Officer Chief Financial Officer
Tel: +44 (0) 20 7451 7050 Tel: +44 (0) 20 7104
5599
David Rydell / Steph Whitmore / Tilly
Abraham / Verity Parker
(Buchanan Communications)
Tel: +44 (0) 20 7466 5000
Legal Entity Identifier: 213800Y5CJHXOATK7X11
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END
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