Hammerson

Hammerson's reported carbon emissions

Hammerson's carbon emissions have shown a fluctuating trend in recent reporting years. For 2024, the company reported a total of approximately 12.4 million kg CO2e. This figure comprises approximately 938,000 kg CO2e for Scope 1, and for Scope 2, approximately 2.8 million kg CO2e (market-based) and 7.4 million kg CO2e (location-based). Scope 3 emissions for 2024 were reported at approximately 1.7 million kg CO2e. In 2023, Hammerson's total emissions were approximately 5.4 million kg CO2e, with Scope 1 at about 903,000 kg CO2e and Scope 2 (location-based) at approximately 4.1 million kg CO2e. Scope 3 emissions in 2023 were around 902,000 kg CO2e. The company has set ambitious climate commitments. A key target is to achieve net zero status by 2030 across all scopes. Furthermore, Hammerson aims to be operating with negative Scope 1 and 2 absolute carbon emissions from January 2026. They have also set a target to reduce Scope 1, 2, and selected Scope 3 landlord-controlled emissions by 60% by the end of 2025, compared to a 2019 baseline. Specifically for Scope 1, the target is a 60% reduction against the 2019 baseline by 2025. For Scope 2, the target is also a 60% reduction against the 2019 baseline by 2025. For Scope 3 total emissions, there is a long-term ambition to reach a Net Positive position by 2030.