- Stubbornly high inflation and interest rates.
- Reduction in debt availability.
- Cost of living crisis.
- Climate change (physical and transition risks).
- Biodiversity loss.
- Increased regulatory burden (CSRD).
Hammerson plc
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Hammerson plc disclosed greenhouse gas emissions of 14.0K tCO2e (100% basis). By scope: Scope 1: 2.6K tCO2e/year; Scope 2: 1.3K tCO2e/year; Scope 3: 9.9K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
14.0K tCO2e (100% basis)
2023
Energy Use
70.1K MWh/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 2.6K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.3K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 9.9K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023 | 14.0K tCO2e (100% basis) |
| 2022 | 8.8K tCO2e/year (absolute) |
| 2021 | 9.9K tCO2e/year (Landlord only) |
| 2020 | 8.5K tCO2e/year (Net Positive Footprint) |
| 2019 | 14.6K tCO2e (Net Positive footprint) |
| 2016 | 34.3K tCO2e/year (Location Based) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced like-for-like Scope 1, 2 and landlord 3 carbon emissions by 13.4% year-on-year and 35% since 2019.
- Pavilions, Swords won a Best Energy Achievement in Retail and Best Overall Achievement at the Business Energy Achievement Awards 2023 (Ireland) for going gas free four years ahead of schedule.
- Gifted woodland and natural grassland in Lowestoft to the Wildlife Trust.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce energy use by 7% year-on-year; maintain annual reduction in water use; divert 100% of waste from landfill; implement NZAP initiatives; 60% reduction in landlord emissions and 50% reduction in occupier emissions by 2025.
📅 Medium-term
- Assess position against Net Gain Biodiversity targets; achieve net zero status by 2030.
🌱 ESG Focus Areas
Climate ChangeNatureSocial ValueBiodiversity