“We are proud to have received recognition from SAPOA, which is testament to our bold commitment to reducing our environmental footprint while ensuring that we continue to create value for all our stakeholders. We continue to lead the industry, showcasing environmental stewardship and our passion and expertise in property excellence," says L2D chief executive Amelia Beattie.     

Aligning with its broader strategic objectives and contributing to L2D's commitment to sustainable practices. L2D says that responsible business is at the heart of its purpose, with the aim to champion sustainable environments to benefit generations.

L2D says that its Level 2 Net Zero Waste achievement is attributable to a collective effort from the L2D team, service providers as well as through tenants' support and co-operation. 

Brian Unsted, L2D's lead sustainability specialist, says, "We continue to place a strong focus on sustainable retail spaces across our portfolio to also achieve our net zero aspirations in 2027 for scope one and two for water by 2027 and scope one and two for carbon by 2030. Being the first retail portfolio in the country to achieve Level 2 Net Zero Waste is a showcase of our bold commitments to responsible and sustainable business practices in the South African built environment."

"While this award focussed on our management practices, SAPOA also recognised our level of efficiency and our ability to continue to innovate, advance new frontiers of environmental leadership and maintain agility for the transitions required ahead," adds Unsted. 

As a precinct focussed, retail-centred portfolio with best-in-class assets in South Africa, L2D says that its retail portfolio achieved an impressive 90% diversion rate over the full duration of 2023. The impact of this achievement may be recognised by the fact that the beneficiation of waste generated at their assets comprises an essential contribution to the circular economy. 

"Our retail assets are already a symbol of excellence in the commercial retail property space, we are proud to lead the industry in fostering meaningful behavioural change and contribute to growing a sustainable built environment that continues to create shared value today and into the future. This award is also testament to the time invested as well as the dedication and measures put in place to ensure we achieved our net zero waste target," says Beattie. 

"We aim to safeguard our assets and create sustainable spaces that benefit generations. As a pinnacle of distinction, we appreciate the recognition at the SAPOA Awards, this is testament to our leading position in property management and development," concludes Beattie.

For more information, visit www.liberty2degrees.co.za. You can also follow L2D on Facebook, LinkedIn, X, or on Instagram.

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