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Our Material Sustainability Issues

Every four years we carry out a sustainability materiality review. This ensures our sustainability strategy remains focused on the right issues and our reporting reflects these issues properly, addressing the needs of our stakeholders.

These regular materiality reviews are valuable for the business. Sustainability is a complex and wide ranging subject with a rapidly developing agenda. A clear understanding of the company’s key material issues helps us to prioritise our sustainability work. It ensures we focus on those things that are really relevant for our business and stakeholders, both now and over the longer term, and where we can make a meaningful impact.

Through the process materiality is examined in two key ways:

I.Significance to the business – including the scale of risk an issue presents, its relevance to our business strategy and the extent to which we can control or influence it

II.Significance to one or more of our stakeholder groups Within each area we also explore the significance of issues now and our respondents’ expectations of how they might change.

The materiality score for each issue is ultimately determined by the significance of the issue for our key stakeholders, the scale of risk it presents to Hammerson, relevance to current business strategy and the extent to which we can influence or control it. 

Our material sustainability issues

Summary findings from our most recent materiality review can be downloaded here: Hammerson Sustainability Materiality Review 2018 .

Many sustainabiilty issues are identified as relevant for our business but there are 6 key issues that help guide our strategy:

  • Governance and reporting
  • Energy security and demand
  • Climate change risk and policy
  • Waste and resource use
  • Community Engagement
  • Sustainable Product