CO2 Stored Partners
About The Crown Estate
The Crown Estate is an independent commercial business, created by Act of Parliament.
Our role is to make sure that the land and property we invest in and manage are sustainably worked, developed and enjoyed to deliver the best value over the long term. At the heart of how we work is an astute, considered, collaborative approach that helps us create success for our business and for those we work with.
Our vision is to be a progressive commercial business creating significant value beyond financial return. We will work with partners and stakeholders to grow our business, outperforming the market whilst delivering sustainable long-term returns. In everything we do, we are guided by our values – commercialism, integrity and stewardship.
We are above all a commercial organisation, managing an £11.5 billion property portfolio and delivering a net revenue profit of £285.1 million (2014/15) to the Treasury. Over the past ten years we have nearly doubled the capital value of our property portfolio and delivered over £2.3 billion to Treasury. And over the past five years we have outperformed our IPD bespoke benchmark, returning an impressive 17 per cent (the benchmark figure is 14.4 per cent).
As managers of the UK’s seabed out to the 12 nautical mile limit, we play a unique role in the UK’s energy supply and infrastructure by working in partnership with a wide range of organisations. Our interest in CO2 storage around the UK springs from our activity in the carbon capture and storage sector.