British Land Recognised with 2016 Queen’s Award for Enterprise

21/04/2016

British Land has today been recognised as a winner of the 2016 Queen's Award for Enterprise. This has been awarded to the company as part of Her Majesty The Queen’s 90th birthday honours and is the UK’s highest accolade for business success.

The Award is given to companies which bring major economic, social and environmental benefits through their own business success and has been awarded to British Land for continuous achievement in all these areas over the last five years. The award for Sustainable Development recognises the company’s focus on creating Places People Prefer and the emphasis it places on driving improvement across all business activities and at every stage of its operations.

British Land CEO, Chris Grigg, said: “We are thrilled to receive the Queen’s Award for Enterprise. This recognition belongs to everyone who works for and with British Land. As one of the UK’s leading property companies we have an important role to play in raising standards across our sector.

“This award acknowledges the huge amount of work we have done on placemaking, on understanding individual customer needs and in delivering enhancements that make a real difference to the experience at each specific location in which we operate.

“It also recognises the importance of integrating social and environmental activities into every area of a business. Sustainability in its broadest sense is not something you can do ‘on the side’ but a powerful tool to help drive customer preference and deliver lasting value. I’d like to extend my thanks to everyone both at British Land and externally who has played a part in this achievement.”

British Land owns or manages UK assets totalling £19.7 billion. It works with a number of partner organisations and a supply chain of 4,000 firms whose support is key to its ongoing success.

The Queens Awards

  • The awards are made annually by HM The Queen and are only given for the highest levels of excellence demonstrated in each category.
  • 249 Queen’s Awards (QA) have been announced this year for outstanding business achievement in the fields of International Trade, Innovation and Sustainable Development.

British Land Thought Leadership

  • British Land has commissioned several studies into its operational impacts which have been presented at major conferences and events* and it is the leading UK REIT on numerous sustainability indices.

Meadowhall at 25 Review 2015 (PwC), explored regional and national contributions of this major retail and leisure destination. 
Regent’s Place at 30 Review 2014 (nef consulting), explored social, environmental and economic impacts. Featured in RSA thought leadership conference Developing Socially Productive Places.
The Source Skills Academy 10 Year Review 2013 (PwC), gave insights into the socioeconomic contributions of this training centre established by British Land and Sheffield City Council.
Socio-Economic Contributions Report Review 2012 (PwC), explored how construction projects support jobs and economic growth nationwide. It informed a larger review by London First/GLA.

Integrating Social and Environmental Activities into Business Operations

British Land’s 2020 sustainability strategy integrates social and environmental activities throughout the business through wellbeing, communities, future-proofing and skills and opportunities. These have been identified as having the greatest impact and potential to enhance overall performance.

The company is a leader in key indices:

  • FTSE4Good Index 2015 – top 98th percentile.
  • Dow Jones Sustainability Index (Europe & World) 2015 – top 94th percentile.
  • Global Real Estate Sustainability Benchmark (GRESB) 2015 – Regional Sector Leader for Europe/Diversified, second year running.
  • Best Companies to Work For 2015 – One Star rating, fourth year running.
  • Global 100 Most Sustainable Corporations 201% – ranked by Corporate Knights.
  • BiTC Workwell Index: reporting wellness & employee engagement 2014 - leading UK REIT
  • Carbon Disclosure Project (CDP) Disclosure Leadership Index 2015 for fifth year running - 100% score for disclosure – leading UK REIT. B for performance.

This press release originally featured on British Land's website here.