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wind farms operating across the UK (excluding Scotland)
Annual Report 2023/24
We’re working to make a positive impact for net zero, nature and communities while creating financial value for the UK.
In 2023/24, we generated a record net revenue profit of £1.1bn for the public finances. This means that more than £4bn has been delivered to the Treasury in the past 10 years. The total value of our property portfolio is £14.1 billion at the year end.
Our Annual Report shows how we have put our strategy into action over the past year. While some areas of our work are more mature than others, we are making real progress, working in partnership with others, and learning from experience, data, evidence and feedback.
Watch our stories below for some of the projects we are most proud of and download our full report.
Net zero carbon and energy security
Our net zero and energy security priority is an important part of how we use our resources to create long-term value. We see ourselves as having a dual role: taking direct action to decarbonise our own assets and operations, and contributing to the UK’s climate and energy goals (where we can have the greatest impact). These two lenses guide our decisions about where and how to invest as we seek to have the greatest possible impact towards net zero.
Nature recovery and biodiversity
As custodians of diverse urban, rural and marine landscapes, we have a unique opportunity to contribute to nature recovery at significant scale. It is an urgent priority for us to restore biodiversity and improve the resilience of natural systems not just within our own assets, from the Windsor Estate to the seabed, but across the wider country.
Inclusive communities and economic growth
The UK is facing significant social and economic challenges. Income inequality is stark, the cost of living is putting pressure on households and official figures show child poverty at an all-time high. Through the diverse portfolio of assets we hold, The Crown Estate has an opportunity to be part of the solution to these complex, interconnected issues. We want to ensure that our activities in support of national needs – contributing to nature recovery, energy security and the transition to net zero carbon while delivering financial value – will also deliver social impact at a local level.
2023/24 supplementary reports
Stories from our Annual Report
Hear about some of our projects that are making positive impacts for the nation.