We are an early adopter of a new industry-led standard for reporting on sustainability in social housing. The aim of this new standard is to provide a framework for housing providers to report on their Environmental, Social and Corporate Governance (ESG) performance in a transparent, consistent and comparable way.
ESG reporting measures an organisation’s wider social impact, so looks at areas like its environmental performance, contribution to local communities and relationships with its customers and employees.
The new Sustainability Reporting Standard for Social Housing covers 48 specific areas for the housing sector, as affordability, fire safety and net zero carbon emissions. It was produced following a consultation that received feedback from more than 400 individuals, including representatives from housing associations, investors, trade bodies, financial experts and tenants’ groups.
We are one of 70 organisations that have agreed to become an early adopter of the new standard, including other housing providers, banks and investors. The final report is available to read on the ESG Social Housing website.
Paul Edwards, Deputy Chief Executive said: “We are pleased to be an early adopter of the new Sustainability Reporting Standard for Social Housing. As an organisation we have a clear social purpose, and we want to ensure that this is reflected in everything we do. This new Standard will help us manage, track and report on our performance in a meaningful way.”
We have recently agreed a new Environmental Sustainability Strategy, which sets out how we plan to achieve net zero carbon emissions by 2050. This includes increasing the efficiency of our existing homes, supporting more sustainable communities and eliminating all unnecessary waste.