Anchor Sustainability Report 2022-2023

Our ESG work covers these areas: Environmental

We all remember the uncomfortably high temperatures of the Summer of 2022 and we have seen extreme weather conditions across Europe and the world in the Summer of 2023. Climate change is already having a significant impact and we need to dramatically reduce carbon emissions to limit global warming to 1.5°c. Anchor is committed to reaching net zero carbon by 2050 1 and is taking steps along that pathway, taking baseline measurements and evaluating progress along the way. We will take short, medium and sustained long-term action to minimise and mitigate the carbon footprint of our homes, residents and communities. Social Anchor’s vision is to enable older people to love living in later life. By 2050 one in four people will be 65 and over; in the next 50 years there will be an additional 7.5 million people in this age group taking the total number of 65s and over to 19.8 million. We exist to meet the needs of older people. That includes working with residential development partners to meet the demand in specialist housing and care, building homes, creating communities and providing services fit for the future. Anchor’s work includes supporting residents in living well, whether that’s living an active life, lifelong learning or providing financial advice and support. Governance Anchor’s strong and mature governance structure is recognised by the Regulator of Social Housing’s grading as G1:V1, the highest ratings for both governance and financial viability. We are registered as a Community Benefit Society as a registered housing association and are regulated by the Care Quality Commission for our care services and by the Regulator of Social Housing. Our governance includes our commitment to diversity and inclusivity, our status as a Real Living Wage Employer and our commitment to strong resident engagement in our governance processes.

1 Net zero means that the amount of carbon we collectively emit is in balance with the amount of carbon the planet can re-absorb.

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