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A sustainable future

The UK housing sector is facing social, economic and environmental challenges given the growing national housing shortage and the need to build more and better homes.

To meet accelerating demand, the industry must focus on key operating challenges including constraints on land, skills and materials. At the same time, the industry must continue to focus on creating more sustainable places to live with higher quality, energy-efficient homes for customers.

We have identified the six issues that matter most to our stakeholders and to our business, putting in place longer term targets to respond to these issues.

Highlights in 2016

2,969

affordable homes completed

15%

units built using offsite construction technologies (against 2014 baseline)

39%

increase in total charitable donations raised

5.5%

reduction in carbon intensity

268

graduates, trainees and apprentices recruited

77%

employee engagement score - we are in the top UK quartile

A-

Highest score for a UK national housebuilder in our third submission to the Carbon Disclosure Project

NextGeneration logo

Gold

3rd place in Next Generation Sustainability Benchmark (with 79%). Highest scoring national housebuilder.

84%

FTSE4Good Index Score

Constituent of the Ethibel Sustainability Index(ESI) Excellence Europe

Part of the STOXX Global ESG Leaders Indices

,

ET Global 2016 Sector Carbon Leader Award

FTSE confirms that Barratt Developments has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index company FTSE, FTSE4Good is an equity index series that is designed to facilitate investment in companies that meet globally recognised corporate responsibility standards. Companies in the FTSE4Good Index Series have met stringent environmental, social and governance criteria, and are positioned to capitalise on the benefits of responsible business practice.

 

Important issues for our buSiness

Helping to address the shortage of homes

Play a leading role in delivering a range of homes and tenures, and access too mortgages.

High quality homes, informed by customers

Maintain Home Builders Federation 5 Star home builder status.

THE SIX SUSTAINABILITY ISSUES THAT MATTER MOST

Keeping people safe

Maintain a reportable injury incidence rate of 381 or less per 100,000 employees (IIR).

Maintain 5 Star Safety Management System Status (as assessed by the British Safety Council).

Operating efficiency

By 2025: Reduce carbon intensity from our construction operations, offices and business mileage by 10%.

By 2020: Reduce construction waste generation by 10%.

Maintain construction waste recycling rate at 95%

Attracting, inspiring and retaining talent

By 2020: Recruit 1,100 employees through our Future Talent Programme.

Maintain upper quartile UK FTSE250 performance in our engagement survey.

Maintain an average of three training days per employee per year.

Maintain and seek to reduce staff turnover at or below 20%

By 2020: Seek to ensure the gender and ethnicity of our workforce reflects the communities where we operate.

Roll out diversity and inclusion training across the Group by the end of FY2017.

Sustainable places to live

Continued commitment to Built for Life and our own internal design standard, Great Places.

By 2020: Seek to create a net positive impact on biodiversity and ecology across our development portfolio.

Sustainable and responsible sourcing

Continuous improvement and innovative solutions developed in collaboration with our supply chain.

Maintain 100% timber sourced from sustainable sources (FSC/PEFC) for Group timber agreements.

All Group suppliers will be members of the Supply Chain Sustainability School and have achieved Bronze standard by end of 2017.

Develop a plan to establish a 2020 reduction target for supplier and sub-contractor emissions.

Investing in innovation and development

By 2020: Build 20% of units using office construction techniques, against 2014 baseline.