5 Sustainability Successes

28 Sep 2018

A great year of creating Positive Places

Our Positive Places sustainability strategy directly supports our strategic focus on an optimised portfolio and operational excellence. We continue to deliver cost savings through energy efficiencies and waste management, an enhanced portfolio through investment in renewable energy generation, and positive social and economic impacts through community projects.

Here’s our Top 5 in action:

1. PV at Victoria Gate

Two Photo-Voltaic arrays totalling 140kW were installed at Victoria Gate between April and August. The PV arrays will generate enough zero carbon electricity each year to power 32 average UK homes or save the same amount of carbon dioxide as taking 24 cars off the road.

2. Cabot Circus’ new Biowhale

A food macerator, which stores food waste before sending it to anaerobic digestion, to produce biogas, biomethane and electricity, creates enough output to heat 25.5 homes and power 43.4 homes for a year.

3. Community Day 2018

521 colleagues across the UK, Ireland and France took part in our annual Community Days, volunteering for a wide range of good causes in our local communities.

4. Partnership with Les Armoires de Paris

Hammerson France launched a six month partnership in Italie Deux with Les Armoires de Paris to provide free shop letting for young creators and designers enabling them to show and sell products from recycling and fair trade.

5. Our Sustainability rankings 

Each year we participate in sustainability indices and benchmarks to understand our global and UK sustainability ranking against our peers; rankings which are also used by investors to assess our achievements. 

This year we have:

  • Retained 4 Green Star status in the 2018 Global Real Estate Sustainability Benchmark (GRESB).
  • Increased our score by 5% in the Dow Jones Sustainability Indexes (DJSI); we now sit in the top 15% of the 4,000 total companies assessed globally.
  • For MSCI ESG we have maintained our AA score for another year.

So many colleagues from different teams around the business have been involved in these achievements; we look forward to sharing even more successes down the line.