Organization strategy

Landwey heads to Net-Zero, aims to be a zero-emissions organization by 2040

Landwey Investment Limited, the largest residential development company in Nigeria, has reaffirmed its commitment to creating a sustainable environmental turning point and advancing its goal of becoming a zero greenhouse gas emissions organization by 2040, by s recently partnering with stakeholders and residents to establish an R&D team to create the first Net-Zero home in the Nigerian property market.

A statement from the real estate company on Tuesday said the initiative aims to reduce greenhouse gases in all dimensions in line with trends that advocate sustainable living in Nigeria. – carbon organization, issue policies
on governance to reduce carbon along the value chain and invest in green innovation.

“We invited stakeholders and partners to create a dream R&D team to build the sustainable home of the future, which will save energy through integrated greenhouse gas reduction,” says the communicated.
Speaking on the development, Mr. Olawale Ayilara, Managing Director of Landwey, noted that “since the company announced its commitment to become Nigeria’s first real estate company with a net zero greenhouse
target of gas emissions, the company has moved forward with a number of objectives to help solve the problem of climate change, and although the real estate sector is not an industry group with a high proportion of direct gas emissions emissions, corporate value chains are also a cause of greenhouse gas emissions that lead to global warming.

“Landwey is committed to reducing greenhouse gas emissions in all dimensions, especially within households and in all businesses with business partners. It is something that has never been accomplished. Whether
Landwey succeeds, it will encourage more organizations to work together to tackle the problem of greenhouse gas emissions. “The strategy to reduce greenhouse gas emissions in households will directly benefit the environment and help shift consumer behavior towards better environmental practices.

When members of communities adjust their behavior together, this behavior can spread to
workplace and other areas. This will have a positive effect on environmental sustainability and bring us closer to an effective solution to the serious problem of global warming”. Mr. Ayilara further explained that Landwey plans to reduce greenhouse gas emissions generated by the company’s direct business operations by 20% with the ultimate goal of becoming a net-zero emissions organization by 2040 by using three strategies:
Strategy 1: Become a low-carbon organization Focus on energy efficiency through technological innovation. Increase the use of clean energy to 100% by 2040 through the expansion of 100% solar rooftops and EV charger installation plans for all Landwey homes at all price points. Include a 100% solar roof in the clubhouse of each new Landwey
project, install a solar water treatment pump system in the common area of ​​each project and use 100% biodiesel for all types of machinery instead of petroleum.

Strategy 2: Develop a governance policy to reduce carbon along the value chain
● Green procurement

Choose partners who advocate sustainable production processes. Sustainably reduce energy and water consumption in production and use environmentally friendly materials. Reduce resource usage, increase
recycling (circular economy) and purchasing low-carbon materials certified by relevant institutions for 30% of total materials purchased by Landwey by 2040.

● Green Architecture & Design
Design residences for a sustainable lifestyle, such as the Cooliving Designed Home, which uses innovative design to save energy; Zero Waste Design, which reduces waste; and universal design, meeting the lifestyle needs of all generations. Prioritize wellness, focusing on residents’ quality of life, and provide hygienic, disease-free home environments with clean air.
● Green building
Realize the construction and development of real estate projects with zero waste materials. Use innovation in project development for greater efficiency to reduce construction time and create the least amount of waste
possible.

● Strategy 3: Invest in green innovation
Invest in green companies involved in clean energy technologies and eco-friendly building technologies with a budget of two million dollars. Landwey is confident he will be able to reduce greenhouse gases
emissions to zero in a short time. However, to slow global warming in a sustainable way, which will have a greater impact, organizations must accelerate the reduction of greenhouse gas emissions from upstream and downstream value chains.

Landwey plans to work with over 10 partners to build a research and development team that will develop the first Net-Zero home in the Nigerian real estate industry by 2040.

Short and medium term goals include the development of a low energy house and a low carbon house that reduces emissions by 30% by 2040. Landwey is currently studying future trends and innovations for a sustainable lifestyle, such as the use of AI to calculate the energy savings of houses, the use of fiber rather than rebar in construction, the development of innovative prefabricated buildings without emissions or waste carbon, more efficient solar roofing with batteries to store energy for nighttime use, tiles that capture solar energy, sharing solar energy between households and
gardens that use solar energy.

Left to right: Attorney Sijibomi Agbadaola, Legal Director, LandWey; Adeshol
Bello, Managing Director, LandWey; Olawale Ayilara, General Manager
Officer, LandWey; Olamide Opadiran, Financial Controller, LandWey and
Seun Eyitayo, Chief Operating Officer, Landwey
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