NHS Property Services (NHSPS) has unveiled their climate-related Financial Disclosure Report, which they will pave the way for a more sustainable NHS Estate.

The report highlighted NHSPS’s commitment to net-zero emissions by 2040 and robust climate risk management strategies. 

NHSPS is publishing its second report under the Companies climate-related Financial Disclosure Regulations 2022. 

Adding climate risk to its strategy marks a significant step and shows the organisation’s commitment to an estate fit for the future, ensuring its operations stay resilient and sustainable.

In line with the new reporting requirements, NHSPS has prioritised the understanding of risks and opportunities related to climate change.

The report highlighted a comprehensive analysis of the physical and transitional risks facing NHSPS properties – such as extreme weather events and technologic innovations, respectively. 

The NHSPS board and senior management are actively monitoring and evaluating climate-related risks and opportunities, integrating them into the organisation’s decision-making process. Plus, as a part of its climate-related performance measures, NHSPS has disclosed key metrics, including its greenhouse gas emissions (GHG) inventory, carbon reduction targets, energy consumption and progress towards meeting the NHS Net Carbon Building Standard.

The report also showcased the organisation’s key achievements. These include developing a thorough flood mitigation plan, conducting detailed risk assessments at high-risk sites, and initiating pilot studies.

James Clovis, energy and environment programme manager at NHSPS, said: “Addressing climate-related risks is fundamental to ensuring the resilience of NHS properties, making them fit for the future in the face of a changing environment. Our approach allows us to better understand the challenges and opportunities that lie ahead, while continuing to unlock value across the NHS estate.”