We continue to work to reduce the carbon emissions of our homes in line with the Government’s target to achieve net zero carbon by 2050. Our cross-business Carbon Forum monitors and manages the Group’s Net-Zero Carbon programme, providing oversight of the delivery of the Orbit net-zero carbon plan and helps to foster a culture of collaboration and innovation to explore new technologies, and co-investment and funding opportunities.
We have initiated a phased ‘fabric first’ investment approach for installing carbon reduction measures in our existing homes, against the aim to that all our homes meet EPC levels A-C as a minimum requirement by 2030. As a result of this programme, over 80% of our existing housing stock now achieve EPC band C or above.
Alongside investment in our existing properties, our Innovation Hub is exploring new technologies to support retrofit requirements, and we are undertaking a number of pilots, including heat pump and PV roof panels with battery storage that will enable any electricity generated to be stored and used at a later point.
Finally, as a housing developer, it is essential that we also ensure that all new home we create are also fit for the future and there is minimum need for future retrofit work.
Our new design specification and housetype range includes improved thermal efficiencies, reducing future retrofit requirements, measures to reduce water and energy usage and the introduction of EV charging points for all appropriate newbuild properties.