Canary Wharf LED retrofit saves £400,000 a year
Canary Wharf Group has carried out a major lighting upgrade on its property portfolio, saving more than £400,000 and over 1,951 tons of carbon annually.
The property management firm has installed 9,260 LED bulbs at its Canada Place, Jubilee Place and Cabot Place malls.
The installations are expected to save 3.7million kwh of energy annually, enough electricity needed to light 5,140 homes in the UK.
The upgrade is also expected to prevent the emission of 1,951 tonnes of CO2 a year; equivalent to the amount produced in 5.9 million miles of car journeys.
Canary Wharf Group sustainability manager Martin Gettings said: “The malls on our estate are among the busiest in the UK. This lighting upgrade project not only benefits the environment, but reduces costs and enhances the shopping experience, good for business and shoppers alike.
“We only procure energy from renewable sources, and we are committed to ensuring our operations, people and developments impact as little as possible on the environment. Our overall aim is to make sustainability real in everything that we do.
“Achievements like this contribute significantly towards these goals and we remain committed to long-term improvements against all our sustainability targets.”
In recent months, Canary Wharf Group has seen its landmark project, the Walkie-Talkie skyscraper, awarded a BREEAM Excellent rating, making it one of the most sustainable buildings in central London. The property-management part of the group has also seen its managed portfolio send zero-waste to landfill for the past five years.
Additionally, the developer plays a central role in smart-city innovation through its involvement with the Cognicity Challenge, which sees pioneering ideas piloted on the Canary Wharf estate in the docklands. The project has already trialled solar-powered benches, micro anaerobic digestion plants and intelligent building management systems, with more projects on the horizon.