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.
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.
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.
Derwent London's score of 75 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Derwent London reported total carbon emissions of approximately 31,493,000 kg CO2e, comprising 2,736,000 kg CO2e from Scope 1, 2,705,000 kg CO2e from Scope 2, and 26,052,000 kg CO2e from Scope 3 emissions. The company has set ambitious targets to reduce its carbon footprint, aiming for a 42% reduction in Scope 1 and Scope 2 emissions by 2030 from a 2022 baseline. Additionally, Derwent London is committed to achieving net-zero emissions by 2040, with a target to reduce total emissions (Scope 1, 2, and 3) by 90% from the same baseline year. In 2023, the company reported total emissions of about 15,169,000 kg CO2e, with Scope 1 emissions at 4,364,000 kg CO2e, Scope 2 at 2,795,000 kg CO2e, and Scope 3 at 8,010,000 kg CO2e. The reduction initiatives include a commitment to lower Scope 1 and 2 emissions by 55% per square metre by 2027, based on a 2013 baseline. Derwent London’s climate strategy aligns with the Science Based Targets initiative (SBTi), ensuring that their targets are consistent with the reductions required to limit global warming to 1.5°C. The company reports annually on its progress towards these goals, demonstrating a proactive approach to sustainability in the real estate sector.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,650,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,925,000 | - | 00,000 | 00,000 | 00,000 |
| Scope 3 | 11,809,000 | 00,000,000 | 0,000,000 | 00,000,000 | 0,000,000 |
Derwent London's Scope 3 emissions, which decreased by 79% last year and decreased by approximately 32% since 2019, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 65% of total emissions under the GHG Protocol, with "Downstream Leased Assets" being the largest emissions source at 69% of Scope 3 emissions.
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.
Derwent London has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
