SUSTAINABILITY IS AN AREA OF INCREASING IMPORTANCE FOR ALL OUR STAKEHOLDERS
In the last year, we have witnessed considerable political and economic uncertainty. At the same time national and regional planning policies are changing partly due to societal based trends and climate-related events.
By correctly balancing these new challenges with our existing sustainability targets, we can improve the environment and wellbeing of Londoners and visitors to the capital. We can also deliver on our brand purpose of ‘developing the homes and creating the places that London needs’.
2018–19 marks the third year of reporting our sustainability performance against our ‘Building a Living Legacy’ (BLL) strategy. During the reporting period, we have achieved 87 per cent of our objectives and committed to several new ones to ensure we continue to move our strategy forward.
We are particularly proud that in the last three years we have completed three primary schools and a City of London sixth form academy in Bermondsey, Dalston and Bow, offering 1,690 new school, college and nursery places underpinning our commitment to creating significant social value for London.
We also commenced our second materiality review of our BLL strategy looking beyond our current trajectory from 2024 to 2030. Pleasingly, our review has shown we are making a contribution to many of the United Nations Sustainable Development Goals. Whilst we are aware this is the first-step we believe we have the ability to make a long-term positive contribution to society through our operations and outputs.
We were delighted to be recognised as the most improved homebuilder for the second successive year according to the 2018 NextGeneration sustainable housing benchmark report, which has also seen the Group obtain a Gold Level award for the first time. This progress recognises the ongoing development of our BLL strategy which saw the Group move to fourth in the 2018 benchmark, a movement up the rankings of thirteen places in just two years.
Chief Executive Officer
29 May 2019
We were delighted to be recognised as the most improved homebuilder for the second successive year according to the 2018 NextGeneration sustainable housing benchmark report.
Jon Di-Stefano, Chief Executive Officer
‘BUILDING A LIVING LEGACY’ HIGHLIGHTS
Creating thriving places that enable people to live sustainable lifestyles
(2017-18: 22) DESIGN AND QUALITY AWARDS IN 2018-19
(2018: 80%) SUPPLY CHAIN SPEND IS WITH SMALL AND MEDIUM SIZED ENTERPRISES
(2018: £51m) SUPPLY CHAIN SPEND WITH BUSINESSES REGISTERED IN LONDON BOROUGHS
Making our money work harder through efficient use of resources across our business
(2018: 13.7%) REDUCTION IN OUR SITE CO2E INTENSITY
(2018: 90%) OF WASTE DIVERTED FROM LANDFILL
(2018: 16%) REDUCTION OF WATER USAGE IN NEW HOMES*
Collaborating with our partners to identify innovative building techniques and deliver the homes of the future
(2018: 13%) SPEND INVESTED IN MODERN METHODS OF CONSTRUCTION
(2018: 44%) TARGETED REDUCTION IN CO2 IN NEW HOMES*
(2018: 100%) NEW BUILD SCHEMES BENEFIT FROM LOW CARBON OR RENEWABLE TECHNOLOGIES
Investing in people and relationships to ensure we deliver lasting value for all stakeholders
PLACE IN NEXTGENERATION SUSTAINABLE HOUSEBUILDER RANKINGS
(2018: 90%) EMPLOYEE RETENTION
(2018: 100%) DIRECT EMPLOYEES PAID AT LEAST LONDON LIVING WAGE
* Against national standards