GLP, is a leading investor, developer and manager of European logistics real estate, has achieved certification to The Planet Mark.
This is GLP’s second year of business carbon footprint and Social Value reporting with The Planet Mark. It first calculated the carbon footprint of its UK and European office operations for the year ending December 2018 and set a target to reduce emissions by 5% annually.
GLP’s total location based carbon footprint in the year ending December 2019 was 320.8 tCO2e, a decrease of 20.5% from the year ending 2018. The relative location based carbon footprint was 3.4 tCO2e per employee, a decrease of 40.2%, compared to the year ending 2018.
Steve Malkin, CEO and Founder of The Planet Mark, commented: “I’m delighted with the efforts made by GLP, and the result speak for themselves. As a business with an international reach, the company is placed to make positive change for so many people. The team’s efforts, not only in cutting carbon, but in their community and social contributions, make this potential change a reality. GLP should serve as an exemplar for business sustainability.”
Graeme Munro, Head of Construction Europe at Gazeley, said: “At GLP, we are delighted to receive our Planet Mark certification for 2020. GLP want to consistently deliver a sustainable operation as a business and we see as paramount in today’s market of Logistics Development. We are fully focused on the value of Sustainability and all that it brings to us to deliver a successful business model that is current in today’s market. By Driving Sustainability and carbon reduction in our business we are able to demonstrate to our investors, customers and shareholders that we are fully committed and pro-actively thinking about Sustainability and how we can constantly evolve this topic with ESG matters for the long-term.
Planet Mark certification really formalises all our hard work and dedication from all the team at GLP annually of all the fantastic things that are being done on Sustainability. Overall, It is a great way to engage and really focus the business on Sustainability and Carbon Reduction.”
GLP also measured its Social Value. Its total contribution in the year ending £996,400 over 10 measures, including employing local staff, investing in employee wellbeing initiatives and avoiding the commute.
Sustainability presents an opportunity for businesses in all industries. As well as meeting the demands of modern consumers and regulations, a measured and practical approach to sustainability provides resilience against an ever-changing world. Businesses that are able to be agile and responsive to the challenges of climate change will be better placed to thrive in the future.
GLP sets itself very high standards when it comes to playing its part in protecting the environment, supporting the communities in which it operates, and ensuring a fair, ethical approach to work. The company aims for all new buildings to achieve a BREEAM Excellent certification for sustainability, as well as aspiring toward a number of other sustainability standards in construction and property management. Its own offices feature a range of renewable technology, such as solar panels, heating, battery storage and rainwater recycling, so that the company can lead from the front on sustainable buildings.
The real estate industry must act on climate change. As well as being a major contributor to the world’s carbon emissions, a sustainable building can provide positives for human health, productivity and wellbeing. Cutting carbon emissions to achieve society’s climate change goals can be paired with tangible social and health benefits, providing a compelling case for better real estate.
CERTIFIED YEAR 2
This is to certify that GLP has achieved a reduction in its carbon footprint and is committed to continous improvement in sustainability.
Valid to 31 March 2021
Sir Tim Smit KBE
20.5% absolute carbon reduction
40.2% carbon reduction per employee
We are committed to reducing our carbon emmissions yearly so that together, we can all halt climate change
93 FTE employees
We engage our employees and wider stakeholders to unlock their talent and knowledge to drive year on year progress in sustainability.
We recognise that transparent communication is essential for transformational change and we quantifiably report on
7 SUSTAINABLE DEVELOPMENT GOALS
Total Social Value £996,400
We measure our contribution to society in terms of employment, work placements and apprenticeships, volunteering and donations, procurement and carbon