Across its business, The Crown Estate has begun to implement circular economy initiatives. To date, this has led to diverting 98% of waste away from landfill on its current developments.
In central London it has also introduced a waste consolidation scheme, with the aim of reducing waste produced by occupiers in Regent Street and St James, as well as using electronic vehicles and generating less traffic.
The Crown Estate's wider portfolio includes many land-based quarries, marine aggregates and forestry interests, for example timber from Windsor Great Park, Portland Stone and Welsh slate. This provides the opportunity for the business to use these natural resources, which have been responsibly managed, on its developments where it is the most sustainable choice.
The Crown Estate has an ambitious plan, Aspirations 2030, to enable a resilient and successful business for the long term. Aspirations 2030 focuses on three key areas: becoming a climate proof business; delivering healthy places; and achieving super efficiency.
By 2030, The Crown Estate aims to have completely driven carbon out from its activities and to generate zero waste. This means buying, using and recycling resources in a way that generates profit without producing waste.
To fully integrate the circular economy into its business of the future, The Crown Estate is seeking to form partnerships and enable greater collaboration to build in-house knowledge and encourage adoption in the personal lives of its employees.