Derwent London
Derwent London plc, a leading property investment and development company, is headquartered in Great Britain and primarily operates in the vibrant London market. Founded in 1994, the company has established itself as a key player in the real estate industry, focusing on the development of innovative office and mixed-use spaces that cater to modern businesses. Renowned for its commitment to sustainability and design excellence, Derwent London offers a unique portfolio of properties that blend contemporary architecture with historical elements. The company has achieved notable milestones, including several prestigious awards for its developments, which reflect its market position as a forward-thinking leader in the sector. With a strong emphasis on creating inspiring work environments, Derwent London continues to shape the future of urban living and working in London.
DitchCarbon Score
How does Derwent London's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Derwent London's score of 71 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Derwent London's reported carbon emissions
In 2023, Derwent London reported total carbon emissions of approximately 8,010,000 kg CO2e, comprising 4,364,000 kg CO2e from Scope 1, 2,795,000 kg CO2e from Scope 2, and 8,010,000 kg CO2e from Scope 3 emissions. The total emissions for Scope 1 and 2 combined were about 7,159,000 kg CO2e. In 2022, the company recorded total emissions of approximately 38,733,000 kg CO2e, with Scope 1 emissions at 3,062,000 kg CO2e and Scope 2 at 2,388,000 kg CO2e. Derwent London has set ambitious climate commitments, aiming for net-zero emissions by 2040. The company has established a near-term target to reduce Scope 1 and Scope 2 GHG emissions by 42% by 2030 from a 2022 baseline. Additionally, they aim to achieve a 90% reduction in total emissions (Scope 1, 2, and 3) by 2040, also from a 2022 baseline. Furthermore, Derwent London is committed to reducing Scope 1 and 2 GHG emissions by 55% per square metre by 2027, using 2013 as a baseline. They also plan to reduce Scope 3 emissions by 20% per square metre by 2027 from a 2017 baseline. The company reports annually on its progress towards these targets, demonstrating a commitment to transparency and accountability in its climate strategy.
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| 2013 | 2015 | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,348,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 6,978,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 4,773,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Derwent London is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
