Glossary

B

Better Buildings Partnership (BBP)
A group of property organisations that support the Mayor of London's target of reducing CO2 emissions by 60% by 2025 over 1990 levels.
 
Building Research Establishment's Environmental Assessment Method (BREEAM)
The world's most widely used environmental assessment method for buildings. It assesses environmental impact against a set of objective criteria and sets the standard for best practice in sustainable development.

C

Commission for Architecture and the Built Environment (CABE)
A public agency that advises the Government on urban design, architecture and public spaces.
Corporate Health and Safety Performance Index (CHaSPI)
CHaSPI is the Health and Safety Executive's benchmarking system for assessing how well an organisation manages its health and safety risks and responsibilities.

D

Department for Work and Pensions (DWP)
The DWP is the Government department responsible for welfare. It works with people of working age, employers, disabled people, pensioners, families and children, providing services through a number of executive agencies and non-departmental public bodies.
Dow Jones Sustainability Index (DJSI)
The Dow Jones Sustainability Indexes are the first global indexes tracking the financial performance of the world's leading sustainability-driven companies.

E

Endowment fund
A fund where the money to be spent comes from investment income, rather than from the principal fund itself, giving it a greater impact over a longer period.
Environmental impact assessment (EIA)
The process of identifying, predicting, evaluating and mitigating the possible impacts – both positive and negative – of development proposals prior to major decisions being taken and commitments made.
Environmental management system (EMS)
A set of processes and practices that enables an organisation to reduce its environmental impacts and increase its operating efficiency.

F

Forest Stewardship Council (FSC)
An independent, non-governmental, not-for-profit organisation that promotes the responsible management of the world's forests.

I

 
ISO 14001
The international standard for environmental management systems.

K

Key Performance Indicators (KPIs)
Activities and behaviours, aligned to both business objectives and individual goals, against which the performance of Land Securities employees is annually assessed.

L

London Benchmarking Group (LBG)
An international, member-driven organisation whose model provides a comprehensive and consistent set of measures that facilitates the measurement and benchmarking of a company's contribution to the community, including cash, time, in-kind donations and management costs.
LST
Land Securities Trillium – a Group business recently sold by Land Securities.

O

OHSAS 18001
The international standard for occupational health and safety management systems.

P

 
Private Finance Initiative (PFI)
A way of funding major capital investments without immediate recourse to the public purse. Groups of private companies, usually involving large construction firms, are contracted to design, build and in some cases manage new projects. Contracts typically last for 30 years, during which time the building is leased by a public authority.
Public Private Partnership (PPP)
A government service or private business venture which is funded and operated through a partnership between government and one or more private sector companies.

R

Reporting of Injuries and Dangerous Occurrences Regulations (RIDDOR)
Since 1995, employers, the self-employed and people managing premises have had a legal duty under Reporting of Injuries and Dangerous Occurrences Regulations (RIDDOR) to report work-related deaths, accidents, injuries, illnesses and dangerous occurrences (near misses).

S

Socially Responsible Investment (SRI)
Investment that takes account of wider concerns, such as social justice or the environment, as well as financial considerations.
Sustainable Asset Management (SAM)
One of the world's leading asset management companies exclusively focused on sustainability investments. Together with Dow Jones Indexes, SAM developed the globally recognised Dow Jones family of sustainability indexes and has compiled one of the world's largest sustainability databases, analysing more than 1,000 listed companies every year.

W

Waste & Resources Action Programme (WRAP)
A private, non-profit company that helps individuals, businesses and local authorities to reduce waste and recycle more, making better use of resources and helping to tackle climate change.