The Crown Estate is an independent commercial business, created by Act of Parliament. Their strategy sets out the approach to managing each business area, to create value for, and respond to the needs of, customers, stakeholders, environment and society. They are committed to addressing the climate emergency by aligning to the 1.5°C goal of the Paris Agreement.
Member of UK Green Building Council
433 employees
Joined in 2020
Commit to only owning, occupying and developing assets that are net zero carbon in operation by 2030. Commit to becoming a net zero carbon business by 2030 and to be climate positive thereafter to align with 1.5° Paris proof targets.
Measure and disclose energy consumption, carbon emissions and performance against net zero pathway annually, within Annual Report and Performance Against Capitals Report.
Implement a decarbonisation roadmap in line with the energy hierarchy, prioritising on-site embodied and operational carbon reduction, maximising renewable generation and procurement, followed by carbon offsetting as a last resort.
Verify energy consumption and carbon emissions data via an independent third party, in line with Commitment and SBTi aligned targets. Adopt independent certification schemes (e.g. NABERS- UK, BREEAM) where appropriate.
Utilise influence over value chain to realise wider carbon benefits through leveraging scale, expertise and convening power of The Crown Estate. Champion a comprehensive approach to sustainable investment, including through application of the TCFD (Task Force for Climate-related Financial Disclosures) framework and applying an internal carbon price to future investments.
