Climate Change Data

Max Fordham LLP

Climate Impact & Sustainability Data (2020, 2020-01 to 2021-01, 2021-04 to 2022-04)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:1.4 tCO2e/year (Scope 2 Location-Based)
Scope 1 Emissions:0 tCO2e/year
Scope 2 Emissions:1.4 tCO2e/year
Scope 3 Emissions:0 tCO2e/year
Renewable Energy Share:100%
Total Energy Consumption:8110 kWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate Change
  • Embodied Carbon
  • Operational Energy

Environmental Achievements

  • Reduced operational energy use intensity to 48 kWh/m²/yr, 20% lower than the RIBA 2025 interim target of 60 kWh/m²/yr.
  • Achieved net-zero carbon for operational energy by using 100% renewable electricity (on-site PV and grid-imported renewable tariff).

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Discrepancy between modeled (33 kWh/m²/yr) and measured (48 kWh/m²/yr) operational energy consumption.
Mitigation Strategies
  • Further investigation into the reasons for the discrepancy (e.g., building usage patterns, appliance use, DHW consumption).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UK Green Building Council (UKGBC) Net Zero Carbon Building Framework

Certifications: Passivhaus

Third-party Assurance: Circular Ecology

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2020-01 to 2021-01

Environmental Metrics

Total Carbon Emissions:38 tCO₂e/year
Scope 1 Emissions:20 tCO2e/year
Scope 2 Emissions:18 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:1% of total energy use (London office PV)
Total Energy Consumption:251,236 kWh/year
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Net Zero Carbon Buildings

Environmental Achievements

  • Four out of five offices met their respective UKGBC 2020-2025 net zero carbon interim energy targets. Overall portfolio measured electrical equivalent energy use was 108kWheq/m2/yr, 4% less than the UKGBC target.

Social Achievements

  • Not disclosed

Governance Achievements

  • Appointed Hoare Lea for third-party audit of the report.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050
  • Replace gas boilers in London office by 2025 (3rd floor) and 2035 (1st and 2nd floors)
Medium-term Goals:
  • Achieve 30% renewable energy by 2030
  • Reduce energy consumption in London by 30% by 2025 and 40% by 2030
Short-term Goals:
  • Reduce water consumption by 10% by 2025
  • Install electricity metering in Bristol office by 2022

Environmental Challenges

  • Bristol office did not meet its UKGBC energy use intensity (EUI) target due to lack of metering; energy use was estimated from a benchmark.
  • Lack of access to roof or façade areas for PV installation in offices other than London.
  • Limited control over electricity tariffs and heating systems in offices other than London.
Mitigation Strategies
  • Developed an EUI reduction action plan for Bristol office, including installing electricity metering.
  • Purchased and retired unbundled REGO certificates to correspond with electricity use from offices without green tariffs.
  • Planned feasibility studies to explore increasing on-site renewable energy supply and engaging with landlords to encourage decarbonization.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Purchase of REGOs from The Plannet Zero Initiative by Redshaw Advisors LTD

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UKGBC Net Zero Carbon Building Framework

Certifications: Null

Third-party Assurance: Hoare Lea

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed

Reporting Period: 2021-04 to 2022-04

Environmental Metrics

Total Carbon Emissions:45 tCO2e/year
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:1% of total energy use
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Net Zero Carbon Emissions

Environmental Achievements

  • Reduced energy consumption in three out of five offices to meet UKGBC 2020-2025 interim targets.
  • 1% of total portfolio electricity consumption from on-site renewable (PV) generation.

Social Achievements

  • Not disclosed

Governance Achievements

  • Third-party verification of net-zero carbon status by Circular Ecology.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Phase out fossil fuels in London office by replacing gas boilers with heat pumps.
  • Encourage landlords to decarbonize heating systems in other offices.
Short-term Goals:
  • Implement EUI reduction actions in London office.
  • Investigate and implement potential design changes to reduce energy consumption in London office.

Environmental Challenges

  • Disrupted working and building use patterns due to the coronavirus pandemic affecting energy performance data.
  • Lack of metering data for some offices requiring the use of benchmark estimates.
  • Limited control over energy supplies and heating systems in tenant offices.
Mitigation Strategies
  • Developed methods for estimating energy consumption using benchmarks with penalty factors.
  • Implemented EUI reduction action plans for London office.
  • Developed trajectory plans for phasing out fossil fuels, including discussions with landlords and feasibility studies for heat pumps.
  • Voluntarily purchased carbon offset credits exceeding the minimum required amount.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: UKGBC Net Zero Carbon Building Framework

Certifications: Null

Third-party Assurance: Circular Ecology

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed