L&G commits to 2030 net zero housing target

Legal & General has committed to making all new housing stock net-zero-carbon-enabled by 2030. The initiative will span all homes invested in or built by the company across its build-to-rent, build-to-sell, later living and affordable housing divisions. Chief executive Nigel Wilson said: “Construction is rocket fuel for UK economic growth: every pound invested delivers a threefold economic multiplier and the housebuilding sector provides jobs and vital economic resilience. “But as we accelerate building, we have to avoid stoking up a climate crisis that would be at least as serious as the Covid emergency.” L&G will use improved thermal building fabric and environmental control systems to help it reach the target.   To send feedback, e-mail tim.burke@egi.co.uk or tweet @_tim_burke or @estatesgazette