ESG
Hargreaves is committed to embedding Environmental, Social and Governance (ESG) factors at the centre of the company’s decisions and operations.
We have identified our ESG focus areas through the completion of Hargreaves’ ESG materiality assessment, allowing us to focus our efforts accordingly. Our company’s ESG strategy is based on a solid foundation supported by clear objectives that we aim to accomplish.
Our strategy has been aligned with the United Nations Sustainable Development Goals (SDGs), supporting the global commitments towards a more sustainable future.
Energy Efficiency and Emissions
We will focus on concrete actions such as improving data quality to better understand our current consumption and installing more efficient equipment to reduce energy use. At the same time, we have developed asset-level roadmaps and, have switched to renewable energy to reduce our portfolio emissions. As part of our roadmap to improve energy efficiency, we will aim to achieve higher building energy ratings across our portfolio, ensuring that we are well prepared to respond to changes in the Minimum Energy Efficiency Standard (MEES) regulations.
| Objective | Target Year |
|---|---|
| Procure 100% renewable electricity certified | Annual |
| Undertake an annual assessment of ESG performance | Annual |
| Monitor flood risk across the portfolio | Ongoing |
| Building Energy Performance – target B EPC for all assets | 2030 |
| Continue to add EV charging points across the commercial portfolio | Annual |
SDG’s
Waste Management
We continually seek to minimise our environmental impact through proactive waste management. We maintain current good practices such as zero waste to landfill and will seek to strengthen the company’s processes to advance waste management in line with the waste hierarchy and best practise. The company has implemented actions to increase recycling rates and works to reduce the overall waste generation across our assets.
| Objective | Target Year |
|---|---|
| Maintain zero waste to landfill (controlled assets) | Annual |
| Minimise land fill from new developments | Project Specific |
| Effectively manage recycling for controlled assets | Ongoing |
SDG’s
Building Health and Wellbeing
Hargreaves strives to implement design and operational features. To achieve this, we have integrated wellbeing principles into new developments and refurbishments including our own offices.
| Objective | Target Year |
|---|---|
| Integrate Wellbeing Principles into new development or refurbishments | Project Specific |
| Establish biodiversity net-gain objectives for new developments | Project Specific |
SDG’s
Supporting Local Communities
We have created and maintain environments where our employees can thrive and where we support our local communities. We aim to promote gender balance, support our employees’ professional development and prioritise local employment. Furthermore, we continue to support community groups and charities through partnerships, donations and volunteering.
| Objective | Target Year |
|---|---|
| Maintain a gender balance across teams (long-term) | Ongoing |
| Establish a fund to support training with professional bodies | Established |
| Support local community groups and charities | Annual |
SDG’s
Compliance and ESG standards
We continue to reinforce this policy by aligning to established ESG standards, ensuring a robust governance and transparency, and demonstrating our commitment to social and environmental performance improvement. Furthermore, we continue to ensure compliance with all appropriate legal requirements.
| Objective | Target Year |
|---|---|
| Have an ESG working group and a current ESG website page | Established |
| All new developments / major refurbishments must be sustainable developments | Project Specific |
| Manage cyber security and data privacy | Ongoing |
| Set minimum standards for major development and refurbishments | Established |
SDG’s
