Developer eyes zero carbon emissions by 2030 in new growth plan
Real Estate
By
James Wanzala
| Oct 28, 2021
Warehousing property developer Africa Logistics Properties (ALP) has announced plans to attain net-zero status (in waste, water, carbon and ecology) in the next nine years.
Net-zero buildings are energy-efficient with power supply from renewable sources aimed at reducing carbon emissions.
ALP Development Director Maruza Chikwanha said the savings made on utilities can offset the additional capital outlay required to develop sustainable industrial properties.
He was speaking after hosting a delegation from the Kenya Green Building Society who toured ALP North - an industrial development.
READ MORE
Local businesses urged to embrace sustainable practices
Behind-the-scenes rush as clock ticks for sale of Bamburi Cement
Pension industry seeks to flex its muscle in large State projects
Why construction sector is on steady decline in Kenya
Why affordable communication is key to AfCFTA
Treasury goes for UAE loan as IMF cautions of debt situation
Traders claim closure of liquor stores, bars near schools punitive
Adani fallout is a lesson on accountability and transparency fight
Sustainable finance in focus for Kenyan banks as Co-op Bank feted
The firm received IFC Excellence in Design for Greater Efficiencies (EDGE) certification for initiatives that cut warehouses resource usage by up to 40 per cent. “We have set plans in motion to be the first signatory in Kenya to sign up to the World Green Building Council’s net-zero building commitment initiative,” said Chikwanha.
"Our target is to get to net-zero within the next nine years." The EDGE standard requires 20 per cent efficiencies in energy, water and materials when compared to a local benchmark.
Kenya Green Building Society Monitoring and Evaluation officer Louis Kariuki called on the State and counties to improve the sustainability of the built environment.
According to the World Green Building Council, buildings are responsible for 38 per cent of global energy-related carbon emissions.
President Uhuru Kenyatta recently reaffirmed Kenya’s commitment to pursuing green development, noting that the country is on track to achieving a 32 per cent reduction in greenhouse gas emissions.