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.
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.
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.
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.
In 2024, Hammerson reported total carbon emissions of approximately 12,401,000 kg CO2e, with Scope 1 emissions at about 938,000 kg CO2e, Scope 2 emissions at approximately 2,837,000 kg CO2e (market-based), and Scope 3 emissions at around 1,713,000 kg CO2e. The company has set ambitious targets to reduce its carbon footprint, aiming for a 60% reduction in Scope 1 and 2 emissions by 2025 compared to a 2019 baseline. This target is part of their Sustainability Linked Bond performance criteria. Hammerson is also committed to achieving net zero status across all scopes by 2030, with a specific goal of operating with negative Scope 1 and 2 emissions by 2026. The company has previously achieved a 26% reduction in absolute carbon emissions for both Scope 1 and 2 from 2019 to 2021. In terms of regional emissions, in 2023, Hammerson's emissions in Great Britain were approximately 8,949,000 kg CO2e, while in Ireland, they reported about 397,000 kg CO2e. The company is actively working towards its climate commitments, focusing on reducing emissions across its operational and development activities.
Access structured emissions data, company-specific emission factors, and source documents
| 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 |
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.
