Environmental Sustainability

Environmental Sustainability

We work hard to ensure that our local communities which we serve are better places to be for all. Our commitment is to reduce our impact on the environment in the three key areas of waste, water and energy. In addition, we continue the focus on reducing the carbon footprint of our properties. We have long recognised that any development activity should mirror this and have proactively ensured we minimise energy consumption and mitigate the effects of climate change throughout the design and refurbishment of our centres.

 

Highlights from 2017

      • Retained the Global Real Estate Benchmark (GRESB) Green Star Status
      • Reduced CO2 emissions by 12% and water consumption by 6%
      • Retained the Best in Carbon Management Award in October 2017
      • Diverted 98% of waste from landfill and 96% recycled back to the supply chain
      • Launched Evora environmental reporting platform across all centres to assist in monitoring, reporting and targeting usage reductions

 

Priorities for 2018

        •  Reduce CO2 by 4%
        • Reduce our water consumption by 1%
        • Retain GRESB Green star rating
        • Establish a robust strategy across the car parks for electrical vehicle charging using smart technologies

Enviromall

EnviroMall is the first partnership accreditation scheme developed specifically for shopping centres to monitor and reduce environmental impact.

Read more

2016 EPRA Performance Reporting

 

 Scope 1&2 Mandatory Reporting* 2016 2015**
Emissions    

Scope 1 tCO2e

Scope 2 tCO2e

1,329

10,517

1,386

11,720

Intensity    
Scope 1 & 2 kgCO2e/sqft 2.39 3.05

*Scope definitions:
Scope 1: Direct GHG emissions from controlled operations (natural gas consumption)
Scope 2: Indirect GHG emissions from the use of purchased electricity, heat or steam (electricity consumption)

**2015 figures have been restated where material changes were subsequently identified.

Approach

We have followed the Greenhouse Gas Protocol for reporting CO2 emissions for the 2016 calendar year. The reporting boundary has been defined using the operational control approach, reporting emissions for operations in which Capital and Regional have control. It does not account for GHG emissions from operations in which it owns an interest but has no operational control. Energy use from metered sources identified as fully controlled by third parties (e.g. tenants) have also been excluded. Scope 1 emissions accounts for total gas consumption of Capital and Regional. Emissions from emergency equipment (e.g. standby generators) have been deemed deminimis and therefore are not included in the reported figures. Scope 2 emissions account for the total electricity purchased by Capital & Regional. Actual invoice data has been used for reporting wherever possible, however some estimates data has been used where required. It should be noted that the Scope 1 and Scope 2 reporting figures are absolute values. Due to the sale of The Mall, Camberley and acquisition of The Marlowes, Hemel Hempstead during 2016 the 2015 and 2016 figures are not directly comparable. The information in this report represents the best information available at the time of issue.