Our commitments

Commitment (New)

Create £25m of social value through our community programmes by 2025. 

Progress

Created over £4.8m of social value through our community programmes, exceeding our in-year target to create £4m. 

Commitment (Existing)

By 2020, ensure everyone working on our behalf, in an environment we control, is given equal opportunities, protected from discrimination and paid at least the Real Living Wage.

Progress

We continue to be an accredited Real Living Wage employer and we’re on track to meet our 2020 commitment to ensure everyone working on our behalf, in an environment we control will be paid the Real Living Wage by the end of 2020.

Commitment (Existing)

Make measurable improvements to the profile – in terms of gender, ethnicity and disability – of our employee mix. 

Progress

Across the whole organisation 52% of our employees are female, exceeding our 2025 target of 50%. In the representation of women at leader level, we increased to 24% this year (2019: 19.5%) but at senior-leader level, we moved backwards to 30% (2019: 38%). 

Commitment (Existing)

Maintain an exceptional standard of health, safety and security in all the working environments we control.

Progress

Migrated to ISO 45001 and launched a new mandatory health and safety training for all employees. In response to the Grenfell fire we’ve invested over £7m rectifying almost 125,000 firestopping defects in our buildings.

Commitment (Updated)

Reduce carbon emissions (tCO2e) by 70% by 2030 compared with a 2013/14 baseline, for property under our management for at least two years.

Progress

Reduced our carbon emissions by 42% compared to 2013/14 in line with our updated target. Carbon intensity has been reduced by 48% since 2013/14.

Commitment (Existing)

• — Ensure 100% of our electricity supplies through our corporate contract are from REGO backed renewable sources.
  — Achieve 3MW of renewable electricity capacity by 2030.

Progress

Continue to procure 100% renewable electricity across our portfolio.

Progress

Our current on-site renewable electricity capacity is 1.5 MW.

Commitment (Existing)

Reduce energy intensity (kWh/m2) by 40% by 2030 compared with a 2013/14 baseline, for property under our management for at least two years.

Progress

Reduced energy intensity by 22% compared to 2013/14.

Commitment (Existing)

— Send zero waste to landfill.
— At least 75% waste recycled across all our operational activities by 2020.

Progress

Continue to divert 100% from landfill across our operational activities.

Progress

We recycled 73% of operational waste.

Commitment (Existing)

Assess and mitigate physical and financial climate change adaptation risks that are material across our portfolio.

Progress

Continue to align our climate-related disclosures with the TCFD recommendations. We’ll update the physical climate change impact research and undertake a quantitative assessment of transition risks during the summer 2020.

Commitment (Existing)

Source core construction products and materials from ethical and sustainable sources.

Progress

Created a Prohibited Materials List to guide our supply partners and mitigate human rights risks. 99.9% of key construction materials are responsibly sourced.

Commitment (Existing)

Maximise the biodiversity potential of all our development and operational sites and achieve a 25% biodiversity net gain across our five operational sites currently offering the greatest potential, by 2030. 

Progress

Continue to partner with The Wildlife Trusts to enhance biodiversity net gain at our five operational sites. On track to deliver significant net gain on our developments and published our new Biodiversity Brief for developments.

Commitment (Existing)

Ensure our buildings are designed and managed to maximise wellbeing and productivity.

Progress

The WELL recertification process for our HQ is progressing. Our commercial office developments are designed to enable customers to achieve the WELL certification for their operations.