JTRE, the parent group of London developer JTRE London, has unveiled its first ESG report.
The firm said its report, prepared with support from professional services firm Deloitte, and in accordance with internationally recognised Global Reporting Initiative standards, is a new milestone on its "journey towards sustainability, transparency and social responsibility".
JTRE is aiming to achieve a 10% embodied carbon reduction on new buildings from 2026 when compared with 2024, zero operational carbon emissions of new buildings by 2030, all JTRE offices to be Scope 1 & 2 Net Zero Carbon by 2040 and diverting 75% of construction waste from landfill.
This is supported by other initiatives including "creating healthy buildings with high levels of biodiversity net gain" and JTRE employee wellbeing and development targets.
Nigel Fleming, managing director of JTRE London, said in a statement: "At JTRE London, we are committed to advancing sustainable practices and proudly support the group’s mission of creating greener, more resilient urban environments that bring benefits for all stakeholders, not just those who occupy our buildings.
"While this inaugural ESG report highlights JTRE’s efforts in Slovakia, the London team is equally dedicated to embedding sustainability across all our activities, with strong foundations in place thanks to projects like 220 Blackfriars Road which is set to deliver an exceptionally high bar across all aspects of ESG.
"We know this is the start of a long-term journey and through close collaboration with the wider group, we look forward to evolving a range of initiatives to create a better, more sustainable future."
The group added that its London business, founded in 2019, is in the process of conducting a comprehensive decarbonisation review of its existing assets to chart a pathway to Net Zero.
Its developments include completed projects Triptych Bankside and Appleby Blue, while 220 Blackfriars Road, its third project, is underway. "JTRE London mirrors the group’s mission of creating greener, more resilient urban environments," the group added.
220 Blackfriars Road will be a £400 million mixed-use project developed in partnership with Southwark Charities. As part of the building, The Charity Hub will offer office space for the voluntary and charity sector at a significantly discounted rent.