Targets

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Our ESG targets provide a clear roadmap for delivering long-term sustainable growth and creating positive outcomes for our stakeholders. They outline the commitments and measurable milestones we have set across environmental, social and governance priorities, helping us track progress, drive accountability and support our ambition to create thriving places and communities.

Explore our targets below to see how we are working towards our goals through to 2050.

For our latest target progress report, please refer to pages 73-74 of our FY25 Annual Report & Accounts.



Net-zero target

  • Publicly commit to net-zero and set FY20 carbon emissions baseline

Net-zero target

  • Receive target validation from the Science-Based Targets Initiative (SBTi) for aligning our net-zero pathway with a 1.5-degree global warming trajectory

UN SDG aligned Environmental target

  • 100% of waste generated at our managed properties is diverted from landfill. 100% of landlord electricity is procured from renewable sources

UN SDG aligned Social target

  • Support a minimum of 5 industry/career engagement activities for young people per year and; Achieve a 90% response rate to our annual staff survey, with at least 80% confirming that they feel NewRiver cares about their wellbeing 
  • All enclosed shopping centres to participate in our Quiet Hour initiative and have a community engagement in place. 50% of NewRiver staff to participate in our volunteering programme

Net-zero target

  • Achieve net-zero for all corporate-related carbon emissions (Scope 1-3) 85% recycling rate at our managed properties
  • 85% recycling rate at our managed properties

UN SDG aligned Environmental target

  • Electric vehicle charging points installed across all retail properties with a surface level car park
  • 50% improvement (from 2020 baseline) in landlord on-site renewable energy generation Building certifications targeted, and lifecycle carbon assessments undertaken, for 100% of our new construction and major renovation projects

UN SDG aligned Social target

  • Achieve a 75% response rate to our occupier satisfaction survey. Biodiversity plans to be in place for at least 15% of our assets

Net-zero target

  • Achieve a 42% reduction (against baseline) in carbon emissions across our corporate activities and operational real estate, as required by the SBTi E 75% of occupiers transitioned to renewable energy suppliers

UN SDG aligned Environmental target

  • 75% of occupiers transitioned to renewable energy suppliers

Net-zero target

  • Achieve net-zero for all operational emissions from the directly managed areas of our portfolio (Scope 1-3)

Net-zero target

  • Achieve net-zero in terms of operational and embodied emissions (Scope 1-3) across our portfolio, whether space is directly managed, or managed by third parties

UN SDG aligned Environmental target

  • Over 25% of landlord energy is generated on-site from renewable sources


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