Climate Change Data

Hadley Property Group

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:9.1 Tonnes of CO2e (2021)

ESG Focus Areas

  • Empowering Communities
  • Protecting the Planet
  • Stimulating Economies

Environmental Achievements

  • Achieved carbon neutrality for all operations (Scope 1, 2, and Scope 3 business travel) in 2021 through an accredited offset program.
  • Designed five bespoke sustainable transport hubs across our portfolio.
  • Improved on-site biodiversity by an average of 520%.
  • All homes in current pipeline designed to be net zero carbon ready.
  • Exceeding current GLA requirements with Streatham Vale design, predicted to match the 2030 LETI Operational Energy target.
  • Achieved 2025 LETI Embodied and Operational Carbon targets on the design of our Blackwall Yard scheme.

Social Achievements

  • Supported 32 charitable groups and social enterprises.
  • Averaged 56% affordable housing across our portfolio.
  • Gifted more than 120 weeks of free cycle usage to local residents.
  • Accumulated 177 hours of staff volunteering across the last two years.
  • Sponsored 11% of staff towards additional academic qualifications.
  • Launched meanwhile uses such as Climate Emergency Centre, Cycle42 hub, and Lighthouse & Gardens Community Wellbeing Centre.

Governance Achievements

  • Created focused roles within our teams, measuring our carbon, and rolling out clear processes and procedures surrounding environmental design and company governance.
  • Submitted application for B Corp certification.

Climate Goals & Targets

Medium-term Goals:
  • Reduce carbon emissions by 47.2% by 2030.
  • Achieve carbon neutral status by 2030 without offsets (ahead of schedule).
Short-term Goals:
  • Reduce company Carbon Footprint by 5% this year and aim to reduce our reliance on fossil fuels to zero by 2025.

Environmental Challenges

  • Delivering against challenging environmental and social targets requires additional work, which can have a time and cost effect.
Mitigation Strategies
  • Set out ESG initiatives clearly to shareholders and investors and have their full support.
  • Created focused roles within our teams, measuring our carbon, and rolling out clear processes and procedures surrounding environmental design and company governance.

Supply Chain Management

Responsible Procurement
  • Mandate the Living Wage on all developments and strongly encourage all our suppliers to pay their employees at or above the Real Living Wage.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (UN SDGs), UN Paris Agreement on Climate Change (UNPA), London Energy Transformation Initiative (LETI)

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 13 (Climate Action)

Each pillar (Empowering Communities, Protecting the Planet, Stimulating Economies) aligns with the United Nations Strategic Development Goals (UN SDGs).