- To maximise the efficiency of our use of natural resources
- To reduce waste and reuse where viable
- In 2009 we continued to engage with our construction and architect suppliers to consider resource use in their designs, thereby helping us reduce our future impacts. We have now extended Sustainability Implementation Plans (SIPs) to UK Retail Parks and future developments in France. The SIP, which goes beyond recognised standards such as BREEAM and HQE, contains strict targets for recycled content, timber, paint and other materials, and also encompasses water, waste and biodiversity criteria.
- At our managed assets, we continue to focus our teams efforts on increasing reuse and recycling. In order to understand the issues and set comprehensive plans for each asset, we are also rolling out waste audits at all assets.
We commissioned water audits for both common areas and occupier space across the shopping centre porfolio.
 |
| |
2007 |
2008 |
2009 |
| Cost of waste |
|
|
|
| UK |
1,476,922 |
1,719,476 |
1,473,306 |
| FR |
Not recorded |
Not recorded |
641,261 |
| Total |
1,476,922 |
1,719,476 |
2,114,567 |
| |
| Investment in waste management improvements |
| UK |
Not recorded |
32,504 |
6,000 |
| FR |
Not recorded |
9,146 |
| Total |
0 |
32,504 |
15,146 |
| |
| Estimated savings from landfill aversion |
| UK |
116,488 |
254,364 |
369,634 |
| |
| Income from sale of waste |
| UK |
34,639 |
55,155 |
44,489 |
| FR |
Not recorded |
Not recorded |
14,218 |
| Total |
34,639 |
55,155 |
58,708 |
 |
| |
2007 |
2008 |
2009 |
| Cost of water |
|
|
|
| UK |
599,873 |
552,646 |
772,983 |
| FR |
Not recorded |
Not recorded |
855,191 |
| Total |
599,873 |
552,646 |
1,628,173 |
| |
| Investment in water management improvements |
| UK |
Not recorded |
Not recorded |
13,000 |
| FR |
Not recorded |
Not recorded |
1,126 |
| Total |
0 |
0 |
14,126 |
| |
| Estimated water savings |
| UK |
Not recorded |
Not recorded |
33,172 |
| FR |
Not recorded |
Not recorded |
33,172 |
| Total |
0 |
0 |
419,628 |
| |
| Other investments including biodiversity audits |
| UK |
Not recorded |
Not recorded |
11,000 |
- Waste: in 2009, the proportion of waste recycled, reused or composted (through onsite and offsite segregation) reached 53% for UK shopping centres, 28% for French shopping centres and 40% for UK offices. Our target is that by 2013, this proportion will be at least 75% for UK shopping centres, 75% for UK offices and 50% for France. Intelligent waste management is a significant financial opportunity for us, in particular with rises in UK landfill tax and the French equivalent, TGAP (Taxe Gnrale sur les Activitis Polluantes). For this reason, we have focussed on changing the behaviours of both our retail customers and tenants, the simple installation of onsite waste segregation facilities and minimal investments in waste technologies. Hammerson has now made substantial savings and has even generated a revenue stream within the service charge.
- Water costs are less material for Hammerson but we anticipate that this will change as the increasing implementation of the EU Water Framework Directive and a changing climate leads to an increase in water prices.
- The air-conditioning system at Carrefour Market, the largest occupier at Italie 2 shopping centre was changed in 2009, from an evaporative cooling system which uses large amounts of water to a standard air-conditioning system, resulting in significant savings in water.