Hammerson plc, a leading name in the real estate services sector, is headquartered in Great Britain and operates primarily across the UK and Europe. Founded in 1942, the company has established itself as a key player in the retail and mixed-use property markets, focusing on the development, management, and investment of high-quality assets.
Hammerson's portfolio includes shopping centres, retail parks, and premium outlets, distinguished by their strategic locations and innovative design. The company is recognised for its commitment to sustainability and enhancing customer experiences, positioning itself as a forward-thinking leader in the industry. With a strong market presence and a history of successful projects, Hammerson continues to shape the future of retail real estate.
+17 vs industry average
Hammerson’s score of 46 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Real Estate Services has typical carbon intensity
Industry performance
The Real Estate Services industry has reduced its overall emissions by 17% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hammerson's reported carbon emissions
Hammerson, a Real Estate Services company based in GB, reported total carbon emissions of approximately 12.4 million kg CO2e for 2024. This includes Scope 1 emissions of about 0.94 million kg CO2e, Scope 2 emissions (market-based) of approximately 2.84 million kg CO2e, and Scope 3 emissions of around 1.71 million kg CO2e.
In 2023, Hammerson's total emissions were approximately 5.38 million kg CO2e, comprising about 0.90 million kg CO2e for Scope 1 and roughly 4.07 million kg CO2e for Scope 2 (location-based). Scope 3 emissions for that year were approximately 0.90 million kg CO2e.
The company has set ambitious climate commitments. These include a target to reduce Scope 1 and 2 emissions by 60% by 31 December 2025, using a 2019 baseline. They also aim to achieve net zero status by 2030. Furthermore, Hammerson aspires to be operating with negative Scope 1 and 2 absolute carbon emissions, water demand, and resource use across its operational and development activities from January 2026. A long-term goal is to reach a Net Positive position for Scope 1, 2, and 3 carbon emissions, mains water demand, and resource use from corporate, asset management, and development activities by 2030. In addition, they are transitioning one flagship asset to certified Net Zero Carbon status by the same year.
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Hammerson’s Climate Goals (2030 & 2050)
8 goals2025
38.3% reduction in Scope 2
SPT 2 total 29,704 12,401 -58.3% -38.3%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hammerson
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