Our operations have the potential to impact on biodiversity both directly and indirectly. As such, we recognise our responsibility to manage these impacts, ensuring that negative impacts on biodiversity are minimised as far as possible, and opportunities to protect and enhance biodiversity are maximised.
Protecting and enhancing biodiversity is an international, national and local issue. Hammerson recognise that our operations have the potential to impact on biodiversity both directly and indirectly, and we recognise our responsibility to manage these impacts.
As part of our approach to CR, our Biodiversity Policy will ensure that negative impacts on biodiversity are minimised as far as possible, and opportunities to protect and enhance biodiversity will be maximised. This will be achieved through the implementation of the Company's Strategic Biodiversity Action Programme, and the asset-specific Biodiversity Action Plans. This takes Hammerson beyond our current commitments to comply with all relevant environmental legislation and encourage the use of best practice.
In order to meet this enhanced commitment, we will:
- By the end of 2012, measure and report the value of the existing biodiversity resource by undertaking biodiversity audits at our assets
- Identify actions to enhance biodiversity through changes in existing management regimes and implementation of enhancement options
- Implement these actions between 2011 and 2015 through asset-specific Action Plans following the principles outlined in the Strategic Biodiversity Action Programme
- As part of our Action Plans, educate and engage employees in the importance of protecting and enhancing biodiversity, to help them play their part in delivering our objectives
- During 2011, develop and deliver a communication plan designed to promote positive relationships with key stakeholders, including employees, customers and nature conservation organisations to enhance biodiversity within our land holdings and the surrounding area
- Undertake ecological appraisals (and impact assessments, if required) of all new developments, in order to identify appropriate mitigation to offset any impacts on biodiversity
- Measure and report on our progress as part of our normal management reporting process.
Delivery of the targets set out in this policy is the responsibility of our Head of Sustainability. Progress towards achieving the objectives of this biodiversity policy are reported annually to David Atkins, Hammerson's Chief Executive and the strategy will be regularly revised in light of our progress with integrating biodiversity principles into the business.