Lendlease sustainability score: 48/100

Lendlease reports full Scope 1 (31Kt) and Scope 2 (68Kt location-based) emissions for FY24 using GHG Protocol with KPMG limited assurance since 2014. FY25 Green Bond Impact Report documents 89% gross S1+S2 reduction since 2020, though absolute total remains ~99Kt. Multi-year tracking by business segment and region provided.

Approximately 90% of total emissions are Scope 3 from construction materials and tenant energy use. Lendlease launched Scope 3 Emissions Protocol V.1 in 2023 to define boundaries. Estimated Scope 3 data provided by region and segment, but total verified figure not prominently disclosed. Approach acknowledged as first step rather than comprehensive.

Achieved 89% gross Scope 1+2 reduction since 2020 and Net Zero S1+S2 by FY25 target. Europe Scope 1 fell 62% FY24 vs FY21 through HVO and electrification. Company tracks below 1.5°C-aligned trajectory. Scope 3 reductions limited (10.5% in Americas), preventing full-value-chain confidence.

Achieved 100% renewable electricity globally by FY25, five years ahead of 2030 target. FY24: 65% renewable electricity; UK construction: 99% renewable fuels via HVO. Active onsite solar generation at selected assets and electrification of construction equipment underway.

Joined TNFD as Forum Member and undertaking global Nature & Biodiversity review using TNFD LEAP approach. Specific projects include biodiversity net gain at MIND Milan, habitat features at London parks, native planting at Singtel Comcentre. No quantified nature footprint or deforestation-free supply chain commitment published.

Waste data tracked since 2014 by segment and region with KPMG limited assurance. Construction waste diversion targeted in green building certifications. Low embodied carbon materials deployed (low-carbon aluminium at One Sydney Harbour, low-carbon cement at 555 Collins). No quantified circular economy targets found.

Water data measured and reported since 2014 with KPMG limited assurance on mains potable water within corporate boundary. Singtel Comcentre targets 69% potable water reduction. Group-level water reduction targets and detailed stewardship programmes not prominent in disclosure.

SBTi-validated 1.5°C-aligned targets (2022): 62% absolute S1+2 reduction by FY2030 from FY2014 baseline; 53% Scope 3 intensity reduction per AUD value added by FY2030. Mission Zero: Net Zero S1+2 by 2025 (achieved); Absolute Zero S1+2+S3 by 2040 without offsets. Scope 3 SBTi target is intensity-based, not absolute.

Publishes integrated Annual Report with dedicated ESG Databook (FY25 available) covering emissions, energy, water, waste with KPMG limited assurance since 2014. TCFD-aligned disclosure since 2018, transitioning to ASRS/ISSB. Green Bond Impact Reports provide project-level detail. No evidence of sustainability-linked executive compensation or B Corp certification.

No greenwashing lawsuits, environmental fines, or regulatory controversies identified. InfluenceMap notes positive climate policy position but minimal direct engagement. Membership in Business Council of Australia, which has historically obstructed climate policy, represents indirect misalignment. No direct anti-climate lobbying by Lendlease itself detected.