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Estates Gazette: Hammerson: "Retailers must do more to tackle climate change"

"The Paris Climate Change Agreement reached at COP 21 acknowledges the importance of keeping climate change to within 2C and provided rarely-seen, unified international political support for action on climate change.

"Unfortunately, all the research shows that what we are currently doing is simply not enough to achieve this. If all the sustainability-aware corporates hit published sustainability targets, we will still overshoot 2C of climate change. It therefore makes sense for those who are in a position to do so, to consider the potential sustainability risks that may impact their own operations, and identify areas where they can enact the most positive change. Furthermore, it is not enough anymore for businesses to draw a boundary around what we directly control and claim everything outside that is not our responsibility. We must consider ways to bring others on board and account for broader sector impacts too.

"Hammerson's response is to set a comprehensive Net Positive target for the business. In addition to its substantial Socio-Economic Net Positive goals, it has the objective of reducing carbon emissions, water demand and resource use to less than zero over the next 15 years." [Shame Brent Cross is such an environmental disaster, then.]

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