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Trading Update for the period 1 July 2024 to 12 November 2024- CLS Holdings plc
November 15, 2024
Creating Future Stories
Transforming commercial real estate into sustainable, future-focused wokspaces where people and businesses thrive.
Decisive action by businesses is key to tackling the global sustainability challenges we face.
Our Sustainability Strategy and Net Zero Carbon Pathway outline our commitment to action. We’re investing in our properties, empowering our people and uplifting our communities to realise a sustainable future shared with our stakeholders.
Our Sustainability Strategy
Our Sustainability Strategy maps our journey to 2030. We aim to secure the resilience of our business model and operations by proactively preparing and adapting, before regulations demand it. A more sustainable operating model reduces risks to our balance sheet and better fits future market demands.
Our Sustainability Strategy and Net Zero Carbon Pathway outline targets, frameworks and actions, aligned to sector best-practice, that help us to build a resilient, future-ready business meeting the needs of our stakeholders and the planet. Central to this is our commitment to become a net zero carbon business.
A positive environmental impact
We invest in our properties and collaborate with our occupiers to sustainably manage natural resources, support local environments and build resilience to climate risks, delivering future-ready buildings.
Shared value with our stakeholders
We generate and share value with our stakeholders, by engaging with our occupiers, supporting neighbouring communities and partnering with our supply chain.
A responsible business
Strong governance and transparency provide the basis for demonstrating our values, supporting people and working with our stakeholders to uphold high standards.
We believe the sustainable outcomes and shareholder returns are not a zero sum game. Properly valuing and integrating sustainability risks and opportunities into our business strategy not only provides resilience to future disruption, but can also unlock potential for future growth.
Will Ray
Head of Sustainability
Our key ESG Targets and Highlights
Net Zero
Our properties and operations will be Net Zero by 2030, in line with the Science Based Targets and CRREM pathway.
Greenhouse gas emissions
Reduce GHG emissions and energy use in line with our Net Zero Carbon Pathway.
Renewable generated electricity
Procure 100% renewably generated electricity for all landlord-controlled electricity supplies.
Renewable energy
Maximise on-site renewable energy generation.
Social value
Increase social value generation, year-on year.
Employee volunteering
Enable all employees to partake in at least one days’ worth of volunteering each year.
Reporting, benchmarking & commitment frameworks
A fundamental part of our Sustainability Strategy is transparency. This includes reporting and benchmarking our sustainability impacts, performance, risks and opportunities in line with widely-accepted voluntary frameworks, as well as meeting regulatory standards.
For more information on our commitments and performance, download our 2023 Sustainability Report or view our latest strategies and documents.
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