We aim to be Net Positive for carbon, water, resource use and social impacts by 2030.

Hammerson’s Net Positive targets are very ambitious and will be challenging to achieve. They have a number of importance characteristics.

  • They focus on our key material impacts: Carbon emissions, water, resource use and social impacts
  • To count towards Net Positive our offsets have to be additional. For example renewable power contracts must directly enable additional clean power to come on stream to count towards our Net Positive targets. The same rules apply to water and resource use. 
  • Our targets have been divided into three 5-year phases starting in 2016 and ending on 31 December 2030.
    The first phase ends on 31 December 2020 and includes our directly controlled environmental impacts. 
  • These are absolute targets measured against our 2015 environmental footprint.
  • This means we are aiming to remove 31,000 tonnes of CO2e from the environment by the end of 2020 - our Phase 1 end date.

How will we achieve our Net Positive targets?

We are working towards our Net Positive targets by:

  • Setting clear short term targets for each asset - our targets page is here: Hammerson annual sustainability targets
  • Continually monitoring and managing on site consumption
  • Installing energy and water efficient technologies
  • Investing in renewable technologies
  • Developing opportunities for local environmental offsets 

CARBON: Net Positive for Carbon means emissions avoided exceed emissions generated.

RESOURCE USE: Net Positive for Resource Use means waste avoided, recycled or re-used exceeds materials used that are neither recycled, renewable or sent to landfill.

WATER: Net Positive for Water means water replenished by external projects exceeds water consumed from mains supply.

SOCIO-ECONOMIC IMPACTS: Net Positive for Socio-economic impacts means making a measurable positive impact on socio-economic issues relevant to our local communities beyond a measured baseline.

More information on what we are doing to achieve each of these targets is available in the links below and here: How we will achieve our Net Positive Targets

“Hammerson taking a leadership role in Net Positive is extremely exciting, not just because of the significant positive impacts this will have from an environmental and socio-economic point of view, but most importantly because it will be able to transform the sector as a whole, by leading the way, showing others who will hopefully follow suit.”

Darren Berman, Lead Director, Upstream Sustainability Services, JLL

Introducing Net Positive 

Our Net Positive progress 

Our Net Positive Mini Film Ser...

In early 2017 we launched an a...

Our Baseline Data

In order to achieve this ambitious objective, it's vital we have a clear baseline.  Our Environmental and Socio-economic Footprints launched in 2017 provide this baseline and give us valuable insight into the potential impact of our activities. 

Find out more about the footprints click the tiles below. 

Our Socio-economic Footprint

Our True Value of Retail Repor...

Our Environmental Footprint

Hammerson has set out an ambit...