Hammerson

Hammerson's reported carbon emissions

Hammerson, a real estate services company based in Great Britain, has reported its carbon emissions data across various scopes for several years. **Recent Emissions Data:** * **2024:** Total emissions were approximately 12,401,000 kg CO2e. This included Scope 1 emissions of about 938,000 kg CO2e, Scope 2 (market-based) emissions of approximately 2,837,000 kg CO2e, and Scope 3 emissions totalling around 1,713,000 kg CO2e. * **2023:** Total emissions stood at approximately 5,383,000 kg CO2e, comprising Scope 1 at about 903,000 kg CO2e, Scope 2 (location-based) at approximately 4,070,000 kg CO2e, and Scope 3 at roughly 902,000 kg CO2e. * **2022:** Total emissions were approximately 17,765,000 kg CO2e. Scope 1 emissions were around 3,509,000 kg CO2e, Scope 2 (market-based) was approximately 2,704,000 kg CO2e and Scope 2 (location-based) was 6,574,000 kg CO2e, with Scope 3 emissions at approximately 2,124,000 kg CO2e. **Climate Commitments and Reduction Targets:** Hammerson has set ambitious targets to reduce its environmental impact. Key commitments include: * **Net Zero by 2030:** The company aims to achieve net zero status by 2030 across all scopes. * **Near-term Reductions:** A significant target is a 60% reduction in Scope 1, 2, and selected Scope 3 landlord-controlled emissions by 31 December 2025, using a 2019 baseline. * **Operational Negativity:** Hammerson aims to be operating with negative Scope 1 and 2 absolute carbon emissions, water demand, and resource use across its operational and development activities from 1 January 2026. * **Net Positive:** By 2030, the company's long-term goal is to reach a Net Positive position for Scope 1, 2, and 3 carbon emissions, mains water demand, and resource use. The company has reported progress against these targets, indicating it is on track for some near-term Scope 2 reduction goals.