Transparency is a key enabler of our Sustainability Framework, and critical for meaningful industry-wide improvement on Sustainability.
We are committed to continuously enhancing our disclosures to meet changing stakeholder needs. That means continuing to align to best practice frameworks, standards and indices.
|
For our 2023 submission, we maintained our position on CDP’s Climate Change A List, one of just 362 companies worldwide. We are the top scorer amongst housebuilders for Forests (maintaining our Management position and B score) and achieved a B in our first full disclosure for Water.
CDP, previously known as the Carbon Disclosure Project, continues to be one of the most comprehensive and widely used benchmarks, relied on by many of our stakeholders and investors. Completing the submission also allows us to investigate our performance against global priorities and to give us a useful measure of the perceived impact of our sustainability efforts.
|
In 2023, we maintained our position as the ‘Leading National Sustainable Housebuilder’, receiving the Gold Award for the 8th consecutive year, and the Crystal Award recognising us as the most transparent housebuilder for the 4th time. Barratt also won the Innovation Award for Energy House 2.0.
NextGeneration is an annual sustainability benchmark of the 25 largest housebuilders in the UK. As the only sustainability benchmark purely focused on UK housebuilders, we are committed to maintaining and where possible improving our performance within it. Through rewarding public disclosure, NextGeneration encourages greater levels of transparency within the sector. |
We have retained our Prime Status rating of B- and have once again been allocated a “very high” transparency level. We remain in the 1st decile in 2024 and hold a collective first place out of 256 companies in the construction industry “in the ESG Corporate Rating Universe”.
ISS analyses companies’ management of ESG issues on the basis of up to 100 rating criteria, mostly sector specific. Prime status is awarded to companies with an ESG performance above the sector-specific threshold, which means that they fulfil ambitious absolute performance requirements. |
|
In 2024, Barratt, for the first time received a Negligible ESG risk rating, placing us 1st out of 83 homebuilders, and in the 3rd percentile in the “global universe” of all the companies that Sustainalytics assess (381st/ 16,215).
Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks.
|
We disclose to Sustainability Accounting Standards Board (SASB) based on criteria specific to the housebuilding sector.
SASB is an independent not- for- profit organisation that sets standards to guide the disclosure of financially material sustainability information of companies. Our disclosures are based on criteria specific to the housebuilding sector.
|
In 2024 we submitted our Enhanced Communication on Progress. We are one of only two UK housebuilders to participate in the UN Global Compact and the only one to submit an ‘enhanced disclosure’.
The United Nations Global Compact is the world’s largest corporate sustainability initiative. Our participation signals our support for the Ten Principles of the Compact on human rights, labour, environment and anti-corruption.
|
|
Barratt is assessed as ‘AAA’ which categorises us as a ‘leader’ among 233 companies in the ‘Real Estate Development and Diversified Activities’ industry.
MSCI ESG Ratings measures over 8,500 companies’ management of financially relevant ESG risks and opportunities. They identify industry leaders and laggards according to their exposure to ESG risks and how well those risks are managed, compared to peers.
|
