St. Modwen Properties PLC is a leading property development company in the UK, operating in the Multi Asset Class Own & Develop sector. The company is committed to sustainable development and has been actively pursuing decarbonisation initiatives in recent years. St. Modwen Properties PLC has been at the forefront of the renewable energy revolution, with a strong focus on corporate energy and corporate power purchase agreements (PPAs).

St. Modwen Properties PLC was founded in 1986 and has grown to become one of the UK's largest property development companies, with a portfolio of over 100 sites across the country. The company's core business is the development of commercial, residential, and industrial properties, with a focus on creating sustainable communities that are attractive to businesses and residents alike.

Decarbonisation is a key focus for St. Modwen Properties PLC, and the company has set ambitious targets to reduce its carbon footprint. In 2019, the company announced a target to achieve net-zero carbon emissions by 2040, and has been working to develop a range of initiatives to achieve this goal. One of the key initiatives is the development of renewable energy projects, which will help to reduce the company's reliance on fossil fuels and lower its carbon emissions.

Corporate energy is another area of focus for St. Modwen Properties PLC, with the company working to reduce its energy consumption and improve energy efficiency across its portfolio. The company has implemented a range of measures to reduce energy use, including the installation of energy-efficient lighting and heating systems, and the use of smart building technologies to monitor and control energy consumption.

Corporate power purchase agreements (PPAs) are also a key part of St. Modwen Properties PLC's renewable energy strategy. PPAs allow the company to purchase renewable energy directly from generators, providing a reliable and cost-effective source of renewable energy. St. Modwen Properties PLC has signed a number of PPAs in recent years, including a 20-year agreement with a wind farm in Scotland, which will provide the company with 50% of its electricity needs.

Renewable energy is a key focus for St. Modwen Properties PLC, and the company has been working to develop a range of renewable energy projects across its portfolio. The company has invested in solar PV systems, wind turbines, and biomass boilers, and has also explored the potential for geothermal and hydroelectric power. These projects not only help to reduce the company's carbon footprint, but also provide a reliable and cost-effective source of energy for its developments.

St. Modwen Properties PLC's commitment to sustainability extends beyond its energy initiatives, with the company also working to promote sustainable transport and reduce waste across its portfolio. The company has implemented a range of measures to promote sustainable transport, including the installation of electric vehicle charging points and the provision of cycle storage facilities. St. Modwen Properties PLC has also implemented a waste management strategy, which includes recycling and composting facilities, and has set targets to reduce waste across its portfolio.

In conclusion, St. Modwen Properties PLC is a leading property development company in the UK, with a strong commitment to sustainability and decarbonisation. The company's focus on renewable energy, corporate energy, corporate PPAs, and sustainable transport and waste management initiatives, demonstrate its commitment to reducing its environmental impact and creating sustainable communities. With its ambitious targets to achieve net-zero carbon emissions by 2040, St. Modwen Properties PLC is leading the way in sustainable property development in the UK.