Our Commitment to Partner and Collaborate

We will take a stakeholder led approach to create collaborative projects that deliver Net Positive outcomes.

Systemic change requires active collaboration with like-minded partners. Since its launch in 2012, Positive Places has taken a stakeholder led approach, structuring all activity by stakeholder group. In 2015, our Positive Places strategy evolved, becoming focused on five core commitments. Stakeholder engagement is at the heart of our Partner and Collaborate commitment.

Our new objective - to become Net Positive by 2030, will require even greater collaboration with all our existing stakeholders, as well as establishing new relationships to meet the challenges ahead.

Key Partner and Collaborate Initiatives

Stakeholder Engagement: Ensuring each of our five key stakeholders is aware of our sustainability ambitions is key to identifying opportunities for collaboration. Our five key stakeholder groups are: Investors, Customers, Suppliers, Communities and Employees.

Retailer Sustainability Forum: In 2015, we established a retailer sustainability forum, bringing together retailers from different sectors to discuss key issues and opportunities for collaboration. In the latest session in early 2019 our forum discussed the future of retail leasing and how we can make the process deliver more sustainable outcomes. The group came up with some really interesting ideas we intend to publish in a report soon. Watch this space! 

Retailer Awards: In 2016, we launched our annual Positive Growth Awards across the UK Shopping centre portfolio. Every year retailers complete an online assessment and are awarded prizes, as well as provided with feedback and help to improve.

In 2018, we launched a tailored food & beverage engagement tool designed to improve operational sustainability performance with these stores. So far we have engaged over 30 retailers with this initiative and are looking to expand it in 2019.

Customer Engagement: In 2018, we installed water fountains into Cabot Circus, Oracle and Silverburn to reduce the amount single-use plastic bottles used in our shopping centres. Alongside the fountains, signage informs the public of the environmental cost of single-use plastic and resources saved by the water fountain. This signals the start of a cross-portfolio roll out of the water fountains.

In 2019, we are looking to create in-centre collaborative engagement events with our charity partners. 

Investor Engagement: Engagement with our investors on sustainability and is growing as their expectations regarding good environmental, social and governance increase. In 2018, we conducted a Materiality Review to ensure our sustainability focus matches investor's expectations. Read more about the Materiality Review on pages 25-25 of the 2018 Sustainability Report.

We use one to one meetings, conferences and webinars to ensure our investors are kept up to date with our sustainability initiatives and performance. The increasing number of ethical and SRI focused funds are an important source of shareholder interest in the company.

We are included within the key investor sustainability indices FTSE for Good and the DJSI and participate in the Carbon Disclosure Project to provide transparent data. Our sustainability reporting is externally assured and compliant with sustainability reporting best practice standards of GRI and EPRA. 

Supplier Engagement: Our Supplier Survey allows us to understand current practice amongst our suppliers, and ensure they are aware of and signed up to the Hammerson Code of Conduct.

By completing the survey, our suppliers are given a score and associated award level: Bronze, Silver, Gold or Platinum. We share the scores of our suppliers in our Annual Supplier Report. 

Below you can see more on some of our core Partner and Collaborate initiatives. You can also keep up to date with progress via the Blog and our Initiatives page.

Positive Growth Awards

Hammerson is committed to crea...

Hammerson Supplier Survey

Positive, collaborative relati...