Landsec recognised for leadership on climate action
30 October 2017
Landsec has been globally recognised for its leadership on climate change by the CDP, the non-profit global environmental disclosure platform.
Landsec has been named in CDP’s Climate A List, which highlights the top 5% of companies who participate in the organisation’s climate change programme, cementing our position as the UK listed sector leader and demonstrating our long-term commitment to addressing climate change.
The CDP climate change programme scores companies on their actions and strategy in relation to climate change. Thousands of companies submit annual climate disclosures to CDP for independent assessment against its scoring methodology.
Landsec’s commitment to measuring its environmental impact, setting ambitious goals linked to climate science and integrating sustainability into its business practices have been recognised by a place on the CDP Climate A List, the highest possible score.
Landsec Chief Executive Robert Noel said: “I’m delighted that Landsec has received an A score for climate in this year’s CDP as its reflects our commitment to science-based carbon reduction and demonstrates our strong leadership position. Acting on climate change and anticipating future risks is critical to providing the right space for our customers and communities, helping businesses and people to thrive.”
CDP’s Executive Chair Paul Dickinson said: “Congratulations to all the companies that made it onto the Climate A List this year. It’s inspiring to see so many taking bold action to mitigate the risks of climate change and grasp the opportunities that come with the transition to a sustainable economy.”
The CDP A List inclusion is just the latest example of Landsec’s leadership in sustainability. We have also been recognised for our strong performance in this area by several other key sustainability indices which score companies on their environmental, social and governance performance.
Dow Jones Sustainability Index (DJSI)
Landsec has been named the UK Real Estate leader in the DJSI, receiving a company score of 75 and scoring in the 92nd percentile. This saw Landsec ranked 10th out of 121 companies globally in the real estate sector.
Global Real Estate Sustainability Benchmark (GRESB)
Landsec was awarded a Five Star rating, the highest category, ranking 6th in the diversified office and retail UK peer group with a company score of 78.
Landsec continues to meet the FTSE4Good Index criteria with an absolute score of 94%.
Landsec has retained its EPRA Gold ranking – the highest level available. The Gold Award recognises the company’s strong compliance with the EPRA sBPR in its public reports and disclosures. In addition, Landsec was named runner up for the inaugural ‘Outstanding Contribution to Society Award’ for its Community Employment Programme.
At Landsec, we believe great places are for people to experience and are made with the experience of great people. As the UK’s largest listed commercial property company, with 23.2 million sq ft of real estate and a portfolio valued at £14.4 billion, we own and manage some of the most successful and recognisable assets in the country.
In London, our portfolio totals more than £8.3 billion, and consists of 6.5 million sq ft of real estate. From the world-famous Piccadilly Lights to the transformation of Victoria, SW1, we deliver exceptional experiences for the businesses and people that live and work in, and visit, the capital.
In Retail, across our 16.7 million sq ft of assets, we create outstanding experiences for customers and guests alike. Combined with the strength and resilience of our portfolio, this means we regularly outperform industry benchmarks for footfall and sales. We offer more than convenience and choice, recognising that memorable destinations are key to attracting the shoppers and retailers of today, and tomorrow.
We also aim to lead our industry in critical long-term issues – from diversity and community employment, to carbon and climate resilience. Everything we do is grounded in experience and begins with people. We deliver value for our shareholders, great experiences for our customers and positive change for our communities. At Landsec, everything is experience.
For further information, please contact:
+44 (0)20 7024 5241
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