Skip to content

Stanhope joins Planet Mark to reduce its carbon footprint and enhance social value

Date17th Mar 2021

CategoryNews & Updates

As part of our Environmental, Social and Governance (ESG) strategy, Stanhope PLC are proud to join the Planet Mark community to reduce our corporate carbon footprint and increase our social value while engaging with all stakeholders. Membership of Planet Mark aligns with our commitment to undertake initiatives which acknowledge the climate emergency by responding with pioneering action through responsible delivery and operation.

ESG is integrated into every aspect of Stanhope’s business including our assets, investments and developments, and we work closely with clients, partners and peer groups to align ESG objectives. Stanhope sets delivery targets for every asset and project tailored to the specific project context, and our Planet Mark membership will enable us to enhance our action plans by measuring our carbon emissions and social value; and ultimately making carbon reductions for our headquarters in London.

Adam Smith, acting Head of ESG at Stanhope PLC, says, “A key focus in 2021 is to set out our policies on ESG, climate change and stewardship that will enable us to meet our WGBC Net Zero Carbon Buildings Commitment. By joining the global Planet Mark community, we are aligning our ESG objectives with clear decarbonisation and social value goals to put us at the forefront of urgent, immediate and ambitious climate action.”

Steve Malkin, founder and CEO of Planet Mark, adds, “I’m delighted that Stanhope PLC is joining our engaged member community at Planet Mark. Its strong commitment to development, asset management and corporate sustainability will ensure it plays a leading role in contributing to reduction in carbon emissions in the property and construction industry. Through its diligent policies and stewardship the company is well on its way to achieving its Net Zero goals. I applaud its urgent and immediate actions in tackling the climate crisis in this Decade of Action.”

Planet Mark is an internationally recognised sustainability certification which recognises continuous progress, encourages action, and builds an empowered community of like-minded individuals. It is awarded to businesses, properties, new developments and projects that are committed to reducing their carbon emissions. 

www.planetmark.com