Enhancing nature and green spaces

We’re committed to maximising the biodiversity potential of all our development and operational sites targeting a 25% biodiversity net gain across our operational sites offering the greatest potential by 2030, and a 15% uplift in biodiversity for all new developments by 2030.

Green infrastructure not only in increases ecological habitat in dense urban environments but it also helps improve local air quality, lessen surface rainwater and provides our customers and local communities connect to nature in their daily lives.

Bluewater, Kent
Bluewater, Kent

In 2022/23 we achieved an average 13% uplift in biodiversity net gain from a 2016/17 baseline.

Our Biodiversity Brief 

 Our Biodiversity Brief  guides our partners to expand on our biodiversity requirements across our portfolio. The document presents an approach to the design, delivery and management of biodiversity across our development sites to be applied by all project teams. The Brief is  applied alongside our Sustainability Brief for Development and is built around the following five key principles and presents an implementation process to be met throughout the planning, development and operational phases of our projects.

In 2022, we worked with an ecologist to conduct site visits at the five sites to evaluate progress from our 2016/17 baseline. The results of this helped us identify further enhancements for the sites so we can reach our 2030 target to achieve a 25% biodiversity net gain across our operational sites currently offering the greatest potential. Once these are complete, we will undertake further ecology studies to identify additional ways to ensure we meet our biodiversity target.

We’re investigating how our business activities depend on and affect nature, so we can integrate nature into decision-making across our operational and development activities. The work will consider the draft recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) and build upon our current commitments, as well as provide biodiversity toolkits to support the whole business in considering how we can best enhance nature and biodiversity through our activities.

We’re achieving significant biodiversity net gain across our retail and development sites in a way that’s considerate to each individual ecological context:

 

Embedding sustainability across our portfolio