This year our focus has been on better understanding how sustainability impacts each of our stakeholder groups and what they want to see us do and achieve. That work started with a far-reaching brand perception review followed by a comprehensive materiality review. At the same time, we have continued to develop and implement more sustainable approaches to our activities and assets. And we have established a new sustainability strategy, commitments and system of governance.
Following the materiality review we looked again at our sustainability strategy and programme to ensure they meet the needs of internal and external stakeholders; deliver the greatest value to us as an organisation; and keep us on the right trajectory to achieve our sustainability leadership ambitions. From this, we decided to focus activities on three priority areas:
- Creating jobs and opportunities
- Efficient use of natural resources
- Sustainable design and innovation
These are now the foundation of our sustainability strategy.
Our objectives in this area are clear. We want to ensure we have a skilled workforce for the future – within the company and across our industry. We want people living in our communities to be able to access training and job opportunities on our development sites and properties. And we want our assets to form part of prosperous and popular locations – places where people want to live, work and visit.
As a business we make substantial use of natural resources, from the energy required to develop and manage assets to the materials employed in construction. We aim to be thoughtful and smart in the way we buy, use, re-use and dispose of resources.
Buildings should create value for us and our customers, communities and partners for years to come. Sustainable design can help make our operations more efficient and cost-effective, minimise future operational costs, mitigate the business risk of changing regulation and create resilient schemes with enduring appeal. It’s also what the people who support us – from office occupiers to retailers, from Local Authorities to local communities – expect from us.