Hammerson Sustainability Profile
Hammerson plc, a leading UK-based property development and investment company, is headquartered in Great Britain. Established in 1942, Hammerson has built a strong reputation in the retail and leisure sectors, focusing on creating vibrant, sustainable spaces that enhance customer experiences. With a significant presence in major operational regions across the UK and Europe, the company manages a diverse portfolio of shopping centres, retail parks, and premium outlets. Hammerson's core services include property development, asset management, and investment, with a commitment to sustainability and innovation that sets it apart in the industry. Notable achievements include the successful redevelopment of iconic retail destinations, positioning Hammerson as a key player in the commercial property market. With a strategic focus on enhancing urban environments, Hammerson continues to shape the future of retail and leisure spaces.
DitchCarbon Score
How does Hammerson'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 Real Estate Services 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
Hammerson's score of 67 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hammerson's reported carbon emissions
In 2023, Hammerson reported total carbon emissions of approximately 8,949,000 kg CO2e, with emissions distributed across Scope 1, 2, and 3. Specifically, Scope 1 emissions accounted for about 1,934,000 kg CO2e, while Scope 2 emissions were approximately 5,995,000 kg CO2e (market-based), and Scope 3 emissions totalled around 1,020,000 kg CO2e. Hammerson has set ambitious targets to reduce its carbon footprint, aiming for a 60% reduction in Scope 1, 2, and selected Scope 3 emissions by 31 December 2025, using a 2019 baseline. This target is part of their Sustainability Linked Bond performance criteria. Additionally, the company aims to achieve net zero status across all scopes by 2030, with a specific goal of operating with negative Scope 1 and 2 emissions by 1 January 2026. The company has made significant strides in its emissions reduction initiatives, including a reported 26% reduction in absolute carbon emissions for Scope 1 and 2 from 2019 to 2021. Hammerson's commitment to sustainability is further evidenced by its goal to reach a Net Positive position for carbon emissions, water demand, and resource use by 2030. Overall, Hammerson's climate commitments reflect a proactive approach to addressing climate change, aligning with industry standards and expectations for corporate responsibility in carbon management.
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| 2013 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 36,163,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 30,162,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 924,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 0,000,000 | 000,000 | 0,000,000 |
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Hammerson's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Hammerson has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
