Logicenters has officially joined the “Power of Logistics” sustainability initiative in Germany, spearheaded by the Bundesvereinigung Logistik (BVL). This move reflects Logicenters commitment to advancing sustainable practices in the logistics real estate industry.
The logistics sector has been undergoing an energy transition for a considerable period. Sustainable logistics real estate has evolved from a trend to a necessity, and ESG factors (environmental, social, governance) are increasingly significant for both developers and tenants, extending beyond ecological sustainability.
Logicenters has now joined the “Power of Logistics” sustainability initiative, which are dedicated to promoting the adoption of renewable energies and optimizing surplus capacity in logistics operations. It aims to showcase the potential of logistics real estate by utilizing extensive roof and façade areas for photovoltaic panels, accommodating wind turbines in large-scale business parks, and implementing combined heat and power plants, water heat pumps, and geothermal energy.
“By joining the ‘Power of Logistics’ initiative, we are actively contributing to the advancement of sustainable energy solutions within the logistics sector. Our properties have the potential to become key players in the transition towards a greener and more energy-efficient future”, says Martin Ohly, General Manager at Logicenters Germany.
The initiative highlights the vast untapped sustainable energy potential within logistics buildings. According to data from the BVL website, up to 2.5 terawatt hours of solar power could have been generated on the roof surfaces of new logistics buildings between 2012 and 2022, equivalent to the annual electricity requirements of around 800,000 households. This translates to an estimated annual reduction of 960,000 tons of CO2 emissions.
The long-term goal of the initiative is to establish logistics as a significant supplier of sustainable energy. The ESG/sustainability focus group, a part of BVL Logistics Group, addresses the opportunities and challenges that arise in the logistics real estate market through the use of renewable energies and optimized technical building equipment.