Our ESG strategy focuses on our key material issues: climate change; energy and carbon, social value and governance.
Hammerson’s commitment to ESG has long been a key strength of the business.
It illustrates how our long term, forward thinking approach supports our response, both capturing immediate cost benefits and reducing long term climate risk exposure. Our targets for the next decade remain challenging but will ensure we have a climate resilient business that is fit for the future.
Delivering our ESG strategy
Our approach is built on 4 key principles:
- Climate change
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Carbon and energy
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Social value
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Governance
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Occupier needs
Responsibility for our ESG strategy sits at Board level with our chief executive. It is integrated across our business streams via our governance structure.
Consistent engagement with our: Investors, Customers, Suppliers, Communities and Colleagues, underpins our approach and ensures all our activities and initiatives are relevant to at least one stakeholder group and often multiple groups.
We set short-, medium- and long-term ESG targets for the business. These reflect our material issues and are reviewed and reported on annually. They cover the following time periods:
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Short term: 24 months
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Medium term: 2-10 years
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Long term: 10 years +