Four new companies join WorldGBC’s Net Zero Carbon Buildings Commitment

Four new companies join WorldGBC’s Net Zero Carbon Buildings Commitment

February 2021 — The World Green Building Council (WorldGBC) welcomes four new additions to its Net Zero Carbon Buildings Commitment:

  • Siemens AG
  • City Developments Limited
  • Charter Hall
  • NEO Property Management Inc.

This signals global industry leadership to decarbonise the built environment and combat climate change.

The Commitment now has a total of 132 signatories: 98 businesses and organisations, 28 cities as well as six states and regions. The businesses and organisations that signed up to the Commitment now account for over 5 million (tCO2e) of portfolio emissions.

The support and ambition from companies such as these is crucial as WorldGBC and its partners build momentum to the Built Environment and Cities Day at COP26.

Two of the new signatories, Siemens AG and City Developments Limited (CDL), are active members of WorldGBC’s Corporate Advisory Board, and are driving this ambition to accelerate their building portfolios to a net zero future.

The Net Zero Carbon Buildings Commitment

As the leading initiative that is focused on climate action in the built environment, the Net Zero Carbon Buildings Commitment continues to grow exponentially.

Complementing initiatives such as the Race To Zero and Science Based Targets , the Commitment’s signatories take action to achieve an operationally net zero carbon portfolio by 2030 or earlier. They demonstrate annual progress via reporting and verification protocols.

For eligible signatories, the Commitment acts as a pathway to membership of the global EP100 initiative from the Climate Group. EP100 brings together energy-smart companies doing more with less energy to lower emissions and improve their productivity.

Cristina Gamboa, CEO of the World Green Building Council, shared, “As WorldGBC and our partners work to ensure that buildings take centre stage at COP26 through a monumental Built Environment and Cities Day, we are thrilled to welcome more signatories to the Commitment. In recognition of their pioneering market leadership and dedication to net zero, these organisations demonstrate the radical collaboration we need to secure a sustainable and more equitable future. The next step is to show how these targets are applied in practice to build resilience towards the impacts of the climate crisis.”

Helen Clarkson, CEO, the Climate Group, commented, “This is the Climate Decade — science shows we need to move fast to avoid the worst impacts of climate change. Around 40 per cent of greenhouse gas emissions come from buildings and, if left unchecked, they’re set to double by 2050. Big business has a vital role to play in cleaning up the built environment, and improving energy efficiency is key. We welcome Siemens and CDL to the global EP100 initiative for energy-smart companies, and look forward to following their progress.”

To find out more about the four companies, please click here.