Our Sustainability Strategy
Objectives - What we want to achieve
Our leading approach to sustainability has four key objectives at its heart:
Create new opportunities
We believe that our proactive approach to sustainability helps create business opportunities. Integrating sustainable development principles into our core business strategy helps us to create and add value to our business by enabling us to acquire appropriate land for development, gain planning permission, operate efficiently and respond to growing stakeholder expectations and customer demand for sustainable homes. A summary of our key opportunities can be found here.
Minimise risks
We seek to manage risks to the environment, to our employees and to the communities in which we work. Our commitment to minimise risks is driven by our duty to shareholders, ensuring that we sustain shareholder value in both the medium to longer term.
Work with stakeholders
It is imperative that we consider the interests of our stakeholders, namely: shareholders, government, our employees and business partners, contractors and suppliers, our customers and critically, the communities in which our developments are built. For more information on our key stakeholders and how we seek to communicate with them on our sustainability strategy please click here.
Operate efficiently
We are continuously working to ensure that our operations are as efficient as possible to reduce resource use and wastage, as well as our operating costs. We monitor our performance using a range of Key Performance Indicators to enable us to quantify improvements made.
Sustainability Management – Our approach to delivery
Our approach to managing sustainability is based on a continuous cycle of:
- Understanding sustainability issues
- Establishing our commitment
- Measuring our impacts
- Implementing management systems
- Monitoring, reviewing and disclosing
- Sharing good practice
This cycle has two underlying principles – a commitment to continuous improvement and communication with stakeholders.
Vision2020 – Our strategy for the next 10 years
Vision2020 is our strategy that we have created to achieve our vision that "By 2020 Berkeley will be one of the most successful and sustainable businesses in Britain".
Vision2020 consists of a total of 40 commitments and ambitions in four action areas. Our current commitments were set in May 2010 and run until April 2012. From May 2012 we'll adopt new commitments and provide new ambitions.
Vision2020 will deliver the Group's sustainability strategy moving forwards. For more information on Vision2020 please click here.
