Globe on grass in forest

The importance of net zero for Social Housing

Simona Villa, Consulting Manager
13/03/2023
Globe on grass in forest

Social Housing Associations require plans in place to achieve the Net Zero targets set by the UK Government.

Reducing emissions and achieving Net Zero is crucial to limit global warming to 1.5°C above pre-industrial levels and avoid the most catastrophic impacts of climate change. An increasing number of organisations have now realised the strategic role that Net Zero plays in addressing climate change, and are working to align their business plans and activities with a net zero path.

As for any other organisation, social housing associations need to develop plans and implement activities to contribute to the fight against climate change. While this sector plays a crucial role from a social perspective, the environmental element should not be underestimated. According to the BEIS.

Department, in 2021 the residential sector accounted for 16% of the UK’s total carbon emissions.

To achieve the UK Government’s climate objectives and reach net zero by 2050, the housing market will require to eliminate all its carbon emissions by the same year.

How to reach net zero

An increasing number of organisations are planning on taking action to achieve a more sustainable business. For a successful transition to Net Zero, organisations are working on a series of activities that can be summarised in the building blocks below.

In the current context, where keeping pace with the climate transformation is becoming increasingly difficult and requires complex choices, Crowe helps organisations to translate climate issues into opportunities, enabling them to determine the best approach and plan to address their climate ambition and add value to their business. Through our practical and experienced team, Crowe can offer different services, from working with our clients to deliver an end-to-end solution to providing support by reviewing their work in specific areas.

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Justin Elks
Justin Elks
Partner, Head of Risk Consulting
London