3 Corporate Governance Report
Building safety legislation
Anchor is committed to ensuring that we respond to all requirements set by legislation and thereby satisfying the Building Safety Regulator (BSR) and ensuring the safety of our residents and colleagues at all times. Most of our housing stock are flats in low-rise blocks (under 11m), built between 1965 and 1990, using traditional methods of construction. None of our stock contains Aluminium Composite Material (ACM) which was present on Grenfell Tower. As at the date of this report, we operate seven buildings above seven storeys and/or 18m+ which have been registered with the Building Safety Regulator. Building Safety Case Reports are also being produced which will be reviewed by the BSR in approximately three years based on current guidance. Our new development sites are also subject to the new legislation and internal collaboration is ongoing to support and achieve safe and high performing buildings both now and in the future. The Building Safety Act, Fire Safety Act & Fire Safety (England) Regulations present the biggest transformation of how existing and new 11m+ buildings are managed, with additional, and significant criteria, attached to those buildings that are either seven storeys or 18m+. The suite of legislative changes is designed to drive cultural change and safety improvements including a proactive approach to managing and reporting on building safety risks. Equally, residents and homeowners have more rights, powers and protection to ensure that their homes are safe from the spread of fire and structural failure. Anchor has an Environmental Sustainability and Net Zero Carbon Strategy, which was developed with input from residents. Implementation of the strategy includes a number of workstreams which support the pathway to reach net zero. Goals and targets have been set in conjunction with our Asset Management, Development and Resident Wellbeing Strategies. Through the Climate Change Act 2008 (the 2050 amendment), the UK Government set a legally binding target of net zero greenhouse gas emissions by 2050. In the 2019 Spring Statement, the UK Chancellor stated a new standard would be introduced by 2025 (the Future Homes Standard) to future-proof new build homes with very high fabric standards and low carbon heating systems, building on the UK Government's mission to at least halve the energy use of new buildings by 2030 as well as requiring that all existing rented homes reach Energy Performance Certificate Band C by 2030. Increasing regulatory expectations create a new set of requirements and accompanying risks that need to be managed.
Net Zero Carbon
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