Wrenbridge, a successful developer and investor in properties across the UK, has achieved certification to The Planet Mark.
This is Wrenbridge’s first year of business carbon footprint reporting and certification to The Planet Mark. It first calculated the carbon footprint of its Cambridge operational site for the year ending March 2020 and set a target to reduce emissions by 5% annually.
Wrenbridge’s total carbon footprint in the year ending March 2020 was 29.0 tCO2e and the relative carbon footprint was 1.9 tCO2e per employee. If Wrenbridge is able to cut its carbon footprint by 5%, it will save the carbon equivalent of a car driving 3,600 miles.
Wrenbridge also measured its Social Value contribution. Wrenbridge’s Social Value contribution in the year ending March 2020 was £187,399. It reported on 8 Social Value measures with the top three contributors being employing local staff, volunteering time provided to support local community projects and having a local supply chain.
Steve Malkin, Founder and CEO of The Planet Mark, commented: “Property developers and investors have an important role to play in a sustainable transition, so I’m pleased to see Wrenbridge make this commitment. The team’s ambition is admirable and the company is clearly serious about embedding sustainability into all of its operations. Measuring and committing to reducing its carbon footprint is a great first step in a long but rewarding journey. It will bring benefits to its clients, staff, and the planet.”
Peter Jarman, Managing Director of Wrenbridge, commented: “At Wrenbridge, we recognise our part in reducing global emissions and supporting the transition to a low-carbon economy. We aspire to be among global leaders in sustainable development and therefore place significant emphasis on integrating ESG considerations into all aspects of design and construction, as well as in our business operations. The Planet Mark certification supports these commitments and enables us to achieve an environmental and social impact that is responsible. This approach allows us to create lasting value for our investors and communities.”
Wrenbridge has sought to lessen its impact on the world through its carbon-cutting commitments. As a result of the Covid-19 pandemic, Wrenbridge has committed to build back better with a greater focus on climate and sustainability. New projects such as the Fuse warehouse development are being designed with sustainable principles embedded into construction, and the company has also protected an acre of endangered rainforest in South America through a collaboration with conservation charity Cool Earth.
The built environment industry has an opportunity to benefit enormously from sustainability. As one of the nation’s biggest contributors to carbon emissions, pioneering companies must think environmentally to meet modern demand, working within their own organisations and with their stakeholders and supply chains to create whole-life conscious construction projects. Forward-thinking organisations stand to gain the most from sustainable practice as standards and the demands of consumers continue to evolve.
CERTIFIED YEAR 1
This is to certify that Wrenbridge has achieved a reduction in its carbon footprint and is committed to continous improvement in sustainability.
Valid to 30 June 2021
Sir Tim Smit KBE
N/A absolute carbon reduction
1.9 tCO2e carbon reduction per employee
We are committed to reducing our carbon emmissions yearly so that together, we can all halt climate change
15 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
5 SUSTAINABLE DEVELOPMENT GOALS
Total Social Value £187,399
We measure our contribution to society in terms of employment, work placements and apprenticeships, volunteering and donations, procurement and carbon