Building Positive Places: Our Vision and Approach

Our sustainability vision is to create retail destinations that deliver net positive impacts economically, socially and environmentally. Positive Places is our strategy for making that happen. In 2017 our sustainability vision became even more ambitious, with a bold new objective to become net positive for carbon, resource use, water and socio-economic impacts by 2030. To deliver on this bold new objective, we have to design, build and manage our retail destinations in a way that is good for the communities in which they operate; for those they employ; and for our environment. All whilst ensuring we provide a robust and thriving economic environment for our customers and investors. This requires not just an ambitious vision but a clear set of commitments and targets that the whole business can work towards.

Our Chief Executive's Vision

“It's quite clear that the good progress being made by us and others in our sector in reducing our environmental impacts is not sufficient to bring about the change we need if we are to avoid the worst effects of climate change. What we really need to do is reduce our negative impacts to zero and then beyond zero – to make sure that we make a net positive contribution to the environment and to society too. Understanding this has encouraged us to make a bold Net Positive commitment for the business. ”

Statement from Louise Ellison, Group Head of Sustainability

"Hammerson’s business vision is to create desirability for consumers, brands, commercial partners and communities. Our Brand Strategy Framework sets out the key pillars of work for achieving this vision.

Positive Places directly supports the delivery of this overarching vision for the business. We strive to ensure we are the best at generating value for all our stakeholders through creating and managing retail assets that deliver positive impacts, environmentally, socially and economically.

Our assets have significant material impacts on the landscape, the environment, their local communities and local and regional economies. Such significant impacts must be managed responsibly, through real collaboration with our suppliers and clients; with respect for their local communities and with enough ambition to make them fit for the future generations they will serve.

We are designing assets now that we expect to be part of our built landscape for the next 50 years and beyond. Making sure they are designed to remain fit for purpose over such a significant time frame and through a period of rapid environmental, technological and social change is a major challenge that will require an ambitious and constantly evolving approach to the way we work.

It is clear that the good work being done by us, and a number of other companies, to reduce our impacts, is not sufficient. The evolution of our Positive Places strategy and the creation of our five key commitments in 2015 was the first step towards a much more ambitious sustainability strategy. Now, in 2017, we have taken the bold step of setting out a strategy to become Net Positive for Carbon, Resource Use, Water and Socio-economic impacts by 2030."

Explore our Net Positive objective and our approaches to achieving the objective.

Our Net Positive Objective

Development Approach

Hammerson was one of the first...

Operational Approach

Proactively managing our envir...