Sustainability

Our sustainability strategy

We have a long tradition of pioneering new ways of thinking about property, innovating to meet the changing needs and demands of our customers and society.

Being privately owned, we are also able to think long term. We are proud to be delivering against some of our industry’s most stretching environmental targets and an approach to social impact that focusses on improving real life outcomes for the many communities who rely on our places: businesses, residents, workers and visitors as well as our employees and supply chain.

Our commitments provide a framework to ensure that every decision we make – whether it be a prospective development, investment or the day-to-day management of a neighbourhood – considers how we can maximise the environmental and social impact that it can have.

We call this approach People. Planet. Positive.

Our progress

In 2024, we made significant progress in advancing our People Planet Positive strategy and goals.

Explore our latest sustainability report

Our environmental aims

Zero carbon

Our aim is to become a net zero carbon business across all our activities, in line with a net zero science-based target. This means by 2030 we will reduce our emission by at least 52%, rising to 90% by 2040.

But our ambition does not end at 2040. We have committed to being a climate positive business by 2050 and will continue to innovate and stretch ourselves as technology and industry knowledge advances.

Progress overview

38% reduction from 2019 across scope 1, 2 and 3, in line with our target to reduce by 52% by 2030
Well ahead of our science-based target (SBT) pathway
A significant driver being a 55% reduction in supply chain emissions

Find our net zero carbon pathway here.

Zero waste

Our zero waste aim fully integrates circular economy principles across our business.

We will eradicate non-hazardous waste from buildings and developments in our control by reducing waste at source, and through reusing and recycling materials.

Progress overview

99.9% non-hazardous development waste diverted from landfill, and 100% for corporate facilities
Published our Approach to Waste, formalising the application of waste hierarchy in developments and operations
All projects collect accurate and digitised development waste data
Waste-reduction measures are incorporated into the design of all new projects

Read our Approach to Zero Waste here.

Valuing nature

Nature has a significant role to play in the resilience of places and supporting health and wellbeing. By changing how we manage our portfolio and designing nature into developments, we will achieve a significant biodiversity net gain by the end of the decade.

Our goals include achieveing a 20% increase in biodiverstiy in our managed spaces and a 100% increase in our developments by 2030.

Progress overview

3.9% uplift in Biodiversity Net Gain in our managed spaces across London
2,093m² improvements to green spaces we manage, including 600m² native plants, 1,000m² biodiverse bulb planting, 500m² biodiverse bare soil planting
Tracking behind our 2030 goal to deliver 20%

Read our biodiversity strategy here.

Tools

Additional tools that aid our environmental strategy include:

Sustainable development brief

Supply Chain Charter

Sustainability guidance for agents

What is a Building Performance Evaluation?

Carbon Offset Strategy

Biodiversity buffet

Occupier fit-out guide - Part 1

Occupier fit-out guide - Part 2

Our social impact aims

Increase wellbeing

We measure and act on over 20 recognised wellbeing drivers covering community, enterprise and employment, empowerment and environment.

By taking an evidence-based approach and listening closely to what communities tell us, we can direct our resources more effectively to deliver maximum local impact.

Progress overview

78% satisfaction with community engagement. Research programme assessing changing needs and benchmarking against latest data
Delivering neighbourhood wellbeing actions focused on safety, community, and green
space
10+ community events and 1,000+ children given access to private gardens
Launch of Inclusive Spaces and Places report and commitments

Support business growth

We aim to support socially positive business growth in our places by providing a variety of spaces to suit different businesses, prioritising smaller, local suppliers where it makes sense to do so, and by helping our customers to find the best local talent and invest in their workforce.

Progress overview

36% of our spaces leased by SMEs. 14% of spend with local businesses and 35% with SMEs
Spaces: Delivered 6 micro units suitable for small businesses
Spend: Include local, small businesses in all appropriate procurement processes. Encouraged suppliers to do the same
Skills: 47 training opportunities supported by our activities. Shared 25% of our
Apprenticeship Levy with Westminster-based businesses

Learn about our work to connect customers with local talent here.

Build sector diversity

We work to raise awareness of the range of opportunities a career in property offers; act to increase diversity in our workforce and ensure our people have the skills to maximise social impact in their roles.

Progress overview

373 students engaged from 2023 in a career in property
On track to meet our 2030 goal to engage 500 students
Support 6-week summer internships through 10,000 Black Interns and Reading Real Estate Foundation
Hosted local student cohorts via programmes like Young Westminster Foundation’s Mastering My Future

Targeted philanthropy

Through significant donations to the Westminster Foundation, and by sharing resources and investing in community led responses to the climate emergency we aim to directly support local needs.

Progress overview

£1.02m given to the Westminster Foundation, supporting 29 charities and 4,967 vulnerable children and young people in Westminster.
£1.3m invested in Greener Futures programme, supporting 43 community groups and charities

Since 2022:

80 unemployed Westminster residents trained, with 53 securing long-term employment
Grosvenor staff have volunteered 5,686 hours

Find out more about Greener Futures here.

Tools

Additional tools that aid our social impact strategy include:

Positive Space

Voice. Opportunity. Power.

Inclusive Spaces and Places

Greener Futures

Our commitments

Giving young people a say in placemaking

Driven by our belief that better engagement makes better places, we wanted to invite all voices to shape Grosvenor Square’s future.

Fitting out for a low carbon future

How to buy carbon credits that deliver real impact

Related reports

Grosvenor publishes first Grosvenor-wide Sustainability Report

We are delighted to publish our first Grosvenor-wide Sustainability Report, which provides an account of progress with our climate, nature and people priorities.

Discover more

Making a positive impact on communities

We aim to have a positive impact on the local economy through everything we do. In 2024, we commissioned an economic impact analysis of our portfolio for the first time to better understand the economic impact that our activities enable.