First Retail Destinations Reach Sustainability Milestone
- Quayside MediaCity in Salford and Gloucester Quays become UK’s first shopping centres to achieve net zero carbon status
- Energy efficiency programmes include upgrading lighting systems across all spaces
- Peel L&P properties verified against UKGBC’s net zero carbon framework
- 18 buildings verified at the end of 2022, including two key retail centres
- Long-term commitment to align with UKGBC’s framework demonstrates ambition for a sustainable built environment
Quayside MediaCity in Salford and Gloucester Quays have become the first shopping centres in the UK to achieve net zero carbon status, following energy efficiency upgrades and a shift to renewable electricity. Peel L&P’s properties were verified against the UK Green Building Council’s (UKGBC) framework based on operational carbon emissions and renewable energy use. The company aims to make its properties more resilient to climate change by reducing carbon emissions and promoting sustainable built environment.
Factuality Level: 10
Factuality Justification: The article provides accurate information about Quayside MediaCity and Gloucester Quays achieving net zero carbon status according to the UK Green Building Council’s framework, details about the measures taken by Peel L&P properties to reduce their carbon emissions, and quotes from relevant sources discussing the importance of reducing carbon footprint in the built environment.
Noise Level: 2
Noise Justification: The article provides relevant information about two shopping centers achieving net zero carbon status and highlights the efforts made by Peel L&P to reduce their carbon emissions. It also includes quotes from experts in the field, making it informative and focused on the topic.
Financial Relevance: Yes
Financial Markets Impacted: The article discusses Peel L&P’s properties achieving net zero carbon status and their efforts to reduce carbon emissions through renewable energy use, which could potentially impact the company’s financial performance and investment decisions in sustainable practices.
Financial Rating Justification: The article is relevant because it discusses a company’s commitment to sustainability and its impact on reducing carbon emissions, which can have financial implications for the company and the broader market as investors and consumers increasingly prioritize environmentally responsible businesses.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: Minor
Extreme Rating Justification: There is no extreme event mentioned in the article.
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