Great Places is an early adopters of an industry-led sustainability reporting standard designed to unlock institutional investment to help tackle the UK’s deepening housing crisis.
The aim of the standard is to provide a voluntary reporting framework for housing providers to report on their ESG performance in a transparent, consistent and comparable way. This will make it easier for lenders and investors to assess the ESG performance of housing providers, identify ESG risks and opportunities that will create positive social and environmental outcomes. Lenders and investors, including Lloyds Bank, LGIM Real Assets, M&G and NatWest, have agreed to use the standard in their investment and credit policies, processes and/or product design.
As part of our commitment to the new standard from 2021 we will report against the standard annually. The report highlights the work we are doing as an organisation in relation to standards 48 criteria, covering ESG considerations such as affordability, fire safety and net zero carbon emissions.