SUSTAINABILITY FRAMEWORK 2019

Transcription

1 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 1 SUSTAINABILITY FRAMEWORK 2019 Our ambition is to be the leading national sustainable housebuilder. Highgate Park, Lancashire. FTSE confirms that Barratt Developments has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index company FTSE, FTSE4Good is an equity index series that is designed to facilitate investment in companies that meet globally recognised corporate responsibility standards. Companies in the FTSE4Good Index Series have met stringent environmental, social and governance criteria, and are positioned to capitalise on the benefits of responsible business practice.

2 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 2 Spinneyfields, Warwickshire. CONTENTS How we manage sustainability 3 Keeping people safe 4 Operating efficiency 5 Attracting, inspiring and retaining people 7 Sustainable places to live 9 Sustainable and responsible sourcing 10 Innovation and development 11 We measure our performance against core sustainability benchmarks and ongoing improvement against the issues that matter most. The six sustainability issues that matter most were chosen after a major materiality consultation exercise with stakeholders in You can read more about this on our website.

3 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 3 HOW WE MANAGE SUSTAINABILITY For each of the six sustainability issues that matter most to our business and stakeholders we have agreed long term targets. Each year we set actions to achieve these. We call this our Sustainability Framework. Specific Group Directors are tasked with embedding the Sustainability Framework into the business. Through this, we aim to ensure changes in processes, behaviours and ways of working become part of normal business operations. Progress is reported against actions quarterly to the Executive Committee, by the Head of Corporate Sustainability. Our Chief Executive holds Board level responsibility for sustainability. OUR SUSTAINABILITY FRAMEWORK 1ST JULY TH JUNE 2019 We will benchmark our sustainability performance and drive our programme forward through engaging key stakeholders as follows: Achieve upper quartile score in FTSE4Good and leading national housebuilder position in Carbon Disclosure Project (CDP). Re-consult with our stakeholders on the sustainability issues that matter most, building on our previous materiality consultation. We will develop a science-based carbon reduction target by the end of December Communicate how our actions are benefiting local communities by creating social and economic value.

4 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 4 KEEPING PEOPLE SAFE Providing a safe environment for our employees, sub-contractors, suppliers, customers and people living in the communities in which we operate. Full site trials of CSCS card readers linked to the card database. Review our policy on dumper truck cabins. Mental health awareness training for Divisional Directors and Senior Managers. Extend medicals to more employees, and promote health drop-in centres in divisional offices. Roll out occupational health surveillance from Scotland to remaining UK divisions. OUR TARGET Maintain Incident Injury Rate (IIR) at the level recorded in 2015 (381 or fewer per 100,000 employees) by OR LESS PER 100,000 EMPLOYEES Apprentice carpenter Helen Ward Thorpe, West Midlands.

5 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 5 OPERATING EFFICIENCY David Thomas visits the waste analysis project at Saxon Gate near York. To minimise our use of materials, energy, reduce waste generation and maximise low carbon opportunities in our business operations. WASTE REDUCTION By 2025: Reduce waste intensity by 20%, to 5.67 tonnes per 100sq.m (compared to baseline of 7.09 tonnes per 100sq.m in FY 2015). Ongoing: Maintain diversion from landfill at 95%. Ensure right-sized plasterboards are used across applicable divisions. Roll out stairwell protection system that prevents wasted single-use sacrificial joists. Deliver a prioritised supplier packaging waste reduction trial. Repatriate 275,000 pallets, and extend paint tin recycling scheme. Eliminate excess timber delivered to sites in joist and truss packs. Set out our strategy for water use efficiency.

6 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 6 OPERATING EFFICIENCY ABird s hybrid generator reduces both noise and diesel use on site. To minimise our use of materials, energy, reduce waste generation and maximise low carbon opportunities in our business operations. We are trialling Solatainer, a renewable energy solution, on our sites. Image courtesy of Gaia Group UK. ENERGY EFFICIENCY AND LOW CARBON OPERATIONS Reduce carbon emission intensity from our construction operations, offices and business mileage by 10% by *against a 2015 baseline. Establish a strategy for reducing diesel on construction sites. Purchase electricity from renewable sources for all our offices. Purchase electricity from renewable sources for a minimum of 25% of our site, show home and sales office consumption. Reduce business travel by employees (e.g. through teleconferencing). The biomass boiler at our BD Living furniture factory.

7 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 7 ATTRACTING, INSPIRING AND RETAINING PEOPLE To continue to invest and develop our people, and to identify new pools of talent to help us deliver ongoing business growth to DIVERSITY AND INCLUSION Aim to reduce labour turnover to 15% by Maintain an average of four training days per employee per year. Maintain upper quartile UK FTSE performance in our engagement survey. Barratt South Wales employees celebrate International Women s Day. Sales employees at Bodington Hall, Yorkshire West. Fulfil commitment to the FTSE % Club targets of a minimum of 30% women on our board. Aim for 35% female employees in management grades by end Management teams to review diversity and inclusion data and agree action plans for improvement. Develop diversity and inclusion training for our middle managers and roll out. Launch and roll out career development programme for high potential women aiming to increase the number of women in senior and line management positions.

8 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 8 ATTRACTING, INSPIRING AND RETAINING PEOPLE To continue to invest and develop our people, and to identify new pools of talent to help us deliver ongoing business growth to We offer a number of graduate, apprenticeship and other training programmes. NEW POOLS OF TALENT AND DEVELOPING OUR PEOPLE Actively promoting housebuilding and identifying new pools of talent. GRADUATES, APPRENTICES AND TRAINEES Maintain a minimum of 5% of our workforce in a graduate, apprenticeship or trainee role by Recruit 40 to our ex-armed forces programme. Work with HMP and charity bodies to provide work experience and jobs for ex-offenders. Continue to support career and interviewing skills at HMP Brixton. Continue to widen the use of social media to support recruitment campaigns and launch a campaign in FY19 for audiences who might not think of a career in housebuilding. Convert foundation degree into degree apprenticeship. Deliver planned recruitment of 117 apprentices.

9 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 9 SUSTAINABLE PLACES TO LIVE To deliver nationally recognised placemaking through our design commitment, Great Places. To provide customers with high quality developments that enhance the community socially, environmentally and leave a lasting legacy for future generations. All completed developments to have a Great Places Silver rating by Seek to create a net gain for biodiversity in design across all new developments [where there is no prior planning permission] from OUR PLACEMAKING ACTIONS FOR FY19 Train local design teams on our Great Places placemaking design ethos through ongoing training, peer review and divisional workshops. Embed greater awareness of Great Places design principles and their value, externally and with our sales teams. OUR WATER RISK ACTIONS FOR FY19 Develop our strategy in conjunction with water companies and key stakeholders. OUR BIODIVERSITY ACTIONS FOR FY19 Assess sample of sites against our net gain for biodiversity framework, holding an internal workshop for relevant directors on implementation. We will share learnings and our approach with the key partners and divisional ecology consultants. Develop a plan to install swift bricks over the next two years across developments in key cities for swifts, working with the RSPB. Launch a wildlife friendly show home garden guide for developers. Kingsbrook, Aylesbury.

10 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 10 SUSTAINABLE AND RESPONSIBLE SOURCING To work in partnership with our supply chain and sub-contractors to operate responsibly and resource efficiently. Undertake annual carbon emission reporting for purchased goods and services and identify priorities for supplier engagement on carbon and energy. 50% of our top 500 sub-contractors to be members of the Supply Chain Sustainability School. Ensure modern slavery e-learning is completed by all internal target audience. Continual improvement and innovative solutions developed in collaboration with our supply chain. Maintain 100% timber sourced from sustainable sources for Group timber agreements and to improve our score in the WWF Timber scorecard from 2 to 3. Barratt to achieve Gold level Supply Chain Sustainability School Status. Become a signatory to the Gangmasters Labour Abuse Authority s Construction Protocol. Input into the Supply Chain Sustainability School Labour Group. OUR TIMBER ACTIONS FOR FY19 Review and implement annual timber sourcing data collection process. We created a safe access solution to first floors with our flooring supplier. Wellsafe TM eliminates the need for wasting sacrificial timber joists.

11 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 11 INNOVATION AND DEVELOPMENT To constantly improve performance across all aspects of our business, through product innovation and development. An offsite garage component is lifted in to place. OUR ACTIONS FOR INNOVATION AND DEVELOPMENT IN FY19 Extend the use of timber frame, building 2,000 plots in England, Scotland and Wales. Roll out offsite ground floor systems to circa 750 plots. Roll out offsite manufactured garages circa 200 plots. Roll out large format block technology to circa 750 plots. Continue to engage suppliers on the commercial viability of light gauge steel frame. OUR TARGET To apply offsite based products and systems in 20% of our homes by Future-proof our product through investigating the potential for overheating in apartments. Implement Group-wide policy and guidance on electric vehicle charging point design, network considerations and installation standards.

12 Barratt Developments, September 2018 barrattdevelopments.co.uk/sustainability 12 For more information on sustainability governance and performance go to