Sustainability and social impact
Our purposeful approach
Through the investments we make and assets we develop and operate, we play a proactive role in the social and environmental development of the markets where we work. We influence public debate and corporate actions by engaging with stakeholders across our value chain, from policymakers to investee firms to community groups. We run our business in a manner consistent with both our expectations of how other companies should be run and the markets’ demand for transparency and good governance.
Our strategy is underpinned by three high-level themes, which help us to guide and assess our investments' impact potential and progress.
Inclusive economy
The benefits of economic growth should be shared by all
Health, wellbeing and quality of life
Tackling health inequalities to support the economy
Climate and nature
Investing in net zero and supporting UN Sustainable Development Goals
Delivering place-based social impact
As one of the UK’s largest real estate investors, we’re well placed to create better places for people to live and work, ensuring that we invest in ways that generate positive social impact. We do this using our Place-based Social Impact Toolkit.
The Toolkit is designed to embed a robust approach to social impact planning, delivery, measurement, and reporting. It enables us to be accountable through an evidence-based approach and, over time, allows us to aggregate impact and communicate with evidence at asset, fund, business, portfolio, regional or national levels.
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2022 Social Impact Report
We’re uniquely placed to make a material difference on a range of social issues. We combine scale, reach and financial strength with the skill, resilience and dedication of 11,500 brilliant people working together.
Sustainability is central to how we run our business
We invest billions of pounds of capital in projects that aim to improve society. This includes low-carbon technology, infrastructure, affordable homes, and support for small businesses. It also means that sustainability is central to how we run our business.
2022 Climate Report
The purpose of the Climate Report is to provide investors and other stakeholders with a better understanding of our business’s exposure to climate-related risks and our strategic resilience to these risks as well as the climate-related opportunities we have identified.
Addressing health inequalities
Health is a critical factor in driving societal and economic wellbeing and has a vital role to play as we work to help the UK ’level up’. In addition to the roles that the government and the NHS will play in reducing health inequalities, business can also use its scale and influence to tackle this pressing issue.
We’ve partnered with Professor Sir Michael Marmot at University College London; a world expert on health inequity to highlight that the conditions in which people grow, live, work and age are key drivers of health inequality. And it’s the improvement of these social determinants of health that we can help accelerate.
Recognised for our approach to driving positive change
S&P Global
ISS
FTSE4Good Index Series
Good Business Charter
Living Wage Foundation
Business in the Community (BITC)
The benefits of economic growth should be shared by all