How sustainability needs to be at the forefront of thinking
Working towards a Net Positive position for energy, water, waste and social impact by 2030
UK, France and Ireland
Bid to cut carbon emissions by 757,200 tonnes by 2030
There is only a finite supply of natural resources and a growing urgency to address climate change. So, we helped Hammerson consider how it could add value to the business and protect communities for generations to come.
How we worked together
In collaboration with Hammerson, an owner, manager and developer of retail destinations across Europe, we created a sustainability strategy to help it plan for the future.
This required a detailed understanding of its business and long-term ambitions.
So, we carried out a baseline review, identified material impacts, evaluated future industry trends and insights and conducted a peer review and benchmarking exercise.
The outcome was an ambitious strategy which aims to achieve a Net Positive position for energy, water, waste and social impact by 2030. Net Positive means businesses put back more than they take from the environment, society and the economy.
We continue to support Hammerson achieve its sustainability ambitions, and have calculated portfolio environmental and socio-economic footprints, to provide a starting point from which to reduce its impacts and develop cost-effective reduction plans.
We also worked with Hammerson to create a placemaking strategy and bespoke modelling tool to measure socio-economic indicators at shopping centres across its portfolio. This in-depth research has been instrumental in highlighting the pivotal role it plays in society and its positive impact on the local communities it serves.
By working together, we have developed a far-sighted sustainability strategy, that will support the business in having a positive impact for decades to come.