Shared Value
Our goal is to allocate capital to deliver sustainable returns to our shareholders whilst creating value for our other stakeholders including through the work of the Berkeley Foundation.
Our Approach
Our long-term strategy is to invest in opportunities with the right risk-adjusted returns, while ensuring our financial strength reflects the prevailing macro environment, and to make returns to the shareholders who support us to achieve our purpose. We have a unique operating model that is responsive to the cyclical nature of the housing market and focuses on transforming the most challenging and complex sites into exceptional places where communities thrive. Our Vision 2030 is about ensuring that we do this whilst also creating value for our other stakeholders, including through the work of the Berkeley Foundation.
Sustainable Returns
Delivering returns to our shareholders whilst creating value for other stakeholders
We will continue to deliver sustainable returns to our shareholders across the cycle, whilst creating value to our other stakeholders.
The housing market is cyclical in nature and is one of the key indicators of the health of the economy. Berkeley has a strong track record of delivering homes through numerous market cycles, predominantly in London and the South East of England.
Value to Society
Undertaking a broader assessment of our value to society across a range of indicators
We take a broad view of our impact on society, understanding that it is not limited to the boundary of our sites. For several years we have quantified our contribution as a business, in terms of the homes we create, the tax we pay and the jobs we create. Over the last five years, we have contributed £2.1bn to community facilities including affordable housing, and £13.84bn in total to the UK economy.
In 2020, we undertook an assessment of our business activities across a broader range of indicators, both positive and negative, in order to quantify the value that our activities have on society. This includes the benefits of early careers training, investment in site health and safety, and innovative practices, together with the impacts that we have, such as greenhouse gas emissions. We plan to refresh the assessment over the coming year.
The Berkeley Foundation
Engaging all employees in the work of the Berkeley Foundation
The Berkeley Foundation is a registered charity, working in partnership with the voluntary sector to focus the skills, resources and fundraising efforts of the Berkeley Group on helping people overcome barriers, improve their lives and build a fairer society. 59% of Berkeley Group employees chose to actively contribute to the charity in 2022/23, through time, fundraising or donations.
We are aiming for every employee to engage in this important work, to help the Foundation build a society where every person can thrive.
More information can be found on the Berkeley Foundation website here.
Highlights
18.7% pre-tax return on equity
In 2022/23, our contribution to UK GDP was £2.6bn
59% of employees got involved in supporting the Berkeley Foundation in 2022/23
Awards, Accreditations & Partnerships
Listed Company
FTSE4 Good Index Series
Long Term Business Success Award
Management Today Business Leadership Awards
Transformation Award
Better Society Awards
Latest News
Berkeley Foundation Launches New Partnership with Groundwork London
The Berkeley Foundation is investing £300,000 into a new bespoke youth leadership programme delivered by Groundwork London.
New Partnership with New Horizon Youth Centre to Tackle Homelessness in London
A new three-year partnership between the Berkeley Foundation and Camden-based charity New Horizon Youth Centre will support young Londoners experiencing homelessness to move into safe and sustainable housing.
Berkeley Wins Management Today Award
We’re delighted to announce that Berkeley Group has won this years’ Management Today Award for ‘Long-Term Business Success’.
Ealing Celebrates Street Elite Graduates
Street Elite Festival at The Green Quarter attended by hundreds of local school children...
£21,000 Donated to Charity Partners at Berkeley Foundation Awards
Donations to 17 local partner charities announced at awards.
Green Bond to Finance Energy Efficient Homes on Brownfield Land
Berkeley is set to raise £400 million through the issue of a Green Bond, with the proceeds earmarked to deliver energy-efficient homes on brownfield regeneration sites.
Read More
Further Information
2023 Annual Report
An overview of financial and non-financial performance is detailed for 1 May 2022 to 30 April 2023 in the Berkeley Group’s 2023 Annual Report.
Find Out More
Annual Report 2023 - PDF Version
The Berkeley Group's Economic Contribution
This fact sheet presents the results of an impact assessment undertaken by EY of Berkeley’s economic contribution over the last five financial years, 1 May 2018 to 30 April 2023.
Fact Sheet
Berkeley Foundation 2030 Strategic Plan
An overview of the Berkeley Foundation’s strategy, making sure the Foundation is fit for purpose for the 2020s and ready to meet the needs of young people and their communities.
2030 Strategic Plan
Our Vision 2030: 2023 Progress Update
This extract from the Berkeley Group’s 2023 Annual Report provides an update on progress towards meeting our targets across each of our ten strategic priorities and details highlights for the period May 2022 to April 2023.
Our Vision 2030