- Higher energy requirements for laboratory buildings compared to offices
- Potential fluctuation in carbon emission profile due to timing of development and repurposing
- Limited influence on embodied carbon in OTP development due to acquisition timing
Life Science REIT plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Life Science REIT plc disclosed greenhouse gas emissions of 324.5 tCO2e/year (Scope 1 & 2). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
324.5 tCO2e/year (Scope 1 & 2)
2023
Renewable Energy
52% (landlord procured energy)
of total energy
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 324.5 tCO2e/year (Scope 1 & 2) |
| 2022 | 247.1 tonnes CO2e/year (Scopes 1 & 2, location-based) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- 324.5 tonnes CO2e scope 1 & 2 emissions LFL (2022: 206.6 tonnes CO2e)
- 8 buildings (including on-site developments) with full or interim BREEAM Excellent or Very Good certifications
- 87% A-C EPC by area (2022: 83%)
- 127,000KW generated from on-site photovoltaic panels
- 91% of investment asset energy consumption data collected (2022: 57%)
- 100% of landlord controlled waste diverted from landfill (2022: 100%)
🎯 Climate & Sustainability Targets
🔜 Short-term
- Identify and progress opportunities for on-site renewables across portfolio
📅 Medium-term
- 50% reduction in scope 1 and 2 emissions by 2030
🔭 Long-term
- Net zero for scopes 1 & 2 by 2040
- Net zero for scope 3 by 2045
🌱 ESG Focus Areas
EnvironmentalSocialGovernance