Their long term vision for sustainability is set out in "Creating Sustainable Spaces" and communicates how they plan to create sustainable places, a sustainable footprint and sustainable relationships into the 2030s.
As part of their annual sustainability strategy review, a gap analysis is undertaken to ensure that:
The sustainability strategy is structured around key corporate risks and industry best practice to ensure that they:
Material areas addressed include:
Our Sustainability Committee meets on a quarterly basis and is chaired by our Chief Executive. The Committee is responsible for the strategic direction of the Group’s sustainability policies and procedures.
Great Portland Estates monitor progress on their strategy quarterly through our Sustainability Policy Committee and Environmental Working Group. Their achievements are reported internally every year. To ensure transparency in their reporting, they use consultants to assure their data and progress against some targets. Where appropriate targets are included in employees’ personal objectives and are considered part of their appraisal and bonus achievement.
To provide transparency when reporting their sustainability performance, they participate in a number of external benchmarks and ratings including:
They are also members of the Ethibel Excellence Register and align our reporting with EPRA Best Practice in Sustainability Reporting Guidelines.
This article was originally published on the Great Portland Estates website here.
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