Anchor Environmental Sustainability & Net Zero Carbon Strategy 2023 – 2026
Where we are now The pathway so far
We have been building our understanding of and approach to sustainability for some time. During 2021, we issued our Sustainability Financing Framework (SFF) as part of refinancing activity supporting our Environmental, Social and Governance work across the organisation. Our sustainability linked loan is linked to the following KPIs: Additional Homes (More and Better Homes) Affordability of Homes (More and Better Homes) Energy Efficiency of Homes (More Efficient) Wellbeing Services (More Efficient) Colleague Diversity (More Opportunities for Colleagues)
Number of new units reaching practical completion (any tenure)
Proportion of rented units with affordable rent defined as being below Local Housing Allowance
Average Energy Efficiency Certificate (EPC) score for all new units reaching practical completion in the relevant year to be above the defined target
Number of resident lives impacted positively through our wellbeing projects (number of interactions)
Number of colleagues lives impacted positively through our diversity projects (number of interactions)
Also in 2021, Anchor commissioned Ankura to conduct an ESG Maturity Assessment which made several recommendations. We have taken these forward in the following key areas: Energy efficiency of existing homes Created a data set of Energy Performance Certificates to inform asset strategy and retrofit planning Heating source for new homes Stopped using gas heating in our new build home specification in 2022 Greenhouse gas emissions Defined the scope of and sources of emissions for Anchor’s carbon footprint and carried out two years of measurements. Provide information to Residents on Sustainability Activity Consulted Residents’ Council and other resident engagement forums on strategy Residents group for Property, Building Safety and Sustainability established
Regular articles and communications in Life magazine Sustainability Annual Report published for 2021 and 2022 Included sustainability reporting in Residents’ Annual Report.
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