Hammerson Corporate Responsibility Performance and Strategy Louise - - PowerPoint PPT Presentation

Hammerson Corporate Responsibility Performance and Strategy

Louise Ellison, Head of Sustainability 28th May 2015

Agenda

Introduction to Hammerson Current performance against targets New 5-year targets Key areas of focus for 2015

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Our vision is to be the best owner-manager and developer of retail property within Europe

Creating high quality retail destinations Maximising income generation Enhancing capital strength

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Our assets

£7.7 billion property portfolio 22 shopping centres 21 retail parks Investment in 15 outlet centres 2.2 million m2 retail space 250 million annual visitors

Where does sustainability support this?

Asset Management

• Regulation
• EPCs
• CRC
• ESOS
• Grenelle II
• Cost savings
• Risk

management Development

• Development

control

• Minimum

standards

• Community

consultation and relevance

• Resilience

Corporate Responsibility

• GHG Emissions
• GRESB
• REEB
• EPRA
• Global Reporting

Initiative

• FTSE4GD
• DJSI
• Reputation

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The key headlines from 2014

2014 Achievements

• 20% Reduction in carbon emissions across the like

for like portfolio since 2010

• 6% year-on-year reduction in electricity consumption

across the UK Shopping Centre portfolio

• £400,000+ saved through energy efficiencies
• 75% recycling rate achieved across the UK

Shopping Centre portfolio

• £2m+ saved in landfill tax for our retail customers

through diversion of waste

• 142 of our suppliers have now completed our

Supply Chain Survey

• GHG intensity reduced from 221 to 180 mtCO2/£m

Adjusted Profit before Tax

221t CO2e

/£1m

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The key headlines from 2014

2014 Achievements

• 1,673 Green leases in place – 63% of leases on our

French assets are green leases

• Big Positive Weekend sustainability road show
• The first prop co to utilise our centres as a

platform for engagement with consumers on

sustainability

• Zero carbon retail park pod with Costa
• B&Q Eco Store delivered at Merthyr

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CR Targets and 2014 Results

Measure Target end date 2014 Performance

Reduce carbon emissions from 2010 by 20% 2015

• 20%

45% of suppliers by value to be engaged (questionnaire(£/100k) 2015 87% Complete full life cycle assessment for 2 assets 2011 2 Completed Completed 6 research papers, including 2 with a partner (eg university, NGO, etc) 2012 6 Completed Increase waste recycling to 75% 2013 75% UK, 41% France Community plans for all developments and managed assets 2014 41 Biodiversity action plans at all retail assets 2015 34 UK, 5 France All employees to complete CR training On-going 51% trained Reduce water consumption from 2010 by 12% 2015

• 29% France, +34%

UK, -26% global Engage with top 20 investors 2013 10 engaged 100% of top 75 customers engaged (surveys/meetings/presentations) ) 2013 28% 75% of community activity to be long term community investment 2014 35%

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Innovate & Challenge Protect & Enhance

Protecting and enhancing our natural environment by minimising resource consumption and delivering restorative projects

Serve & Invest

Delivering social value to the communities we serve, measured in jobs, skills, civic pride and investment

Partner & Collaborate Upskill & Inspire

Challenging the status quo and trialing new approaches and solutions to support the transition to a more sustainable business model Taking a stakeholder led approach to create collaborative projects and evolve from client to partner Investing in our people, as well as recognising and rewarding those that deliver change

Updating our sustainability strategy

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2015 – 2020 Targets

Protect & Enhance

• Reduce carbon emissions intensity of the business by 20%
• Reduce operational energy use by 10% by 2018 across the like for like

shopping centre and retail parks portfolio

• Build 2 mW renewable capacity into our existing assets and new

developments by 2020

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2015 – 2020 Targets

Protect & Enhance

• Achieve 100% diversion of operational and construction waste from

landfill in the UK by 2020

• Achieve 98% diversion of operational and construction waste from

landfill in France by 2025

• Reduce landlord water intensity by 10% by 2020 against a 2015

baseline for like for like shopping centre portfolio

• Meet 100% of irrigation demands and 25% of flushing demand from

non-potable water for all new developments and major extensions entering planning and design after 1st Jan 2015

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2015 – 2020 Targets

Serve & Invest

• Community design workshops to be held for all UK shopping centre

developments and major extensions by the end of RIBA Stage 2 from 1st January 2015

• Extend our place-making impact assessment across the UK portfolio by

2017 Partner & Collaborate

• Deliver a centre-based retailer engagement activity across all UK and

French shopping centres by 2017

• Review and update the Supply Chain Survey in 2016

Upskill and Inspire

• Ensure that 100% of Hammerson employees who have been employed

for 12 months or more have received sustainability training by 2017

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Priorities for 2015

• Managing energy consumption
• Lighting projects
• Waste management
• Zero to landfill in Scotland
• Embedding innovation in developments
• Sustainable Development Framework
• Supplier engagement
• Supply chain survey review
• Implementing updated strategy and new 5-year targets

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Questions?

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