Grainger CR Report 2011
Grainger plc is the UK’s largest specialist residential property owner, manager and developer traded on the London Stock Exchange. We have approximately £2.4 billion of property assets and over £3 billion of assets under management. We own and/or manage over 40,000 residential properties across the UK and Germany.
The primary activities of the company are investment, management and development of residential assets throughout the UK and Germany. Further information is available on our website www.graingerplc.co.uk.
“Grainger’s maturing approach to sustainability issues is evidence of our commitment to being a CR leader within the UK residential sector.” Andrew R Cunningham, Chief Executive
Grainger is making strides towards being a Corporate Responsibility leader in the UK residential sector.
The Executive Team and I strongly believe, and our stakeholders agree, that Corporate Responsibility (CR) leadership is a hallmark of business resilience and maturity.
Over the last three years we have laid a solid foundation for integrating CR into the working practices of our long-established business. Key achievements during 2010/11 include estimating the carbon footprint of a large portion of our UK residential portfolio and making CR business as usual through benchmark KPIs. We demonstrate our commitment to transparency by improving our level of CR disclosure and actively engaging with stakeholders, from industry bodies, to tenants and contractors. 88% of the applicable 2010/11 CR targets that we committed to are fully achieved or are in progress.
Our focus for the year ahead is on making sure our CR programme is embedded across all of our business activities. We are committing to ambitious targets in new areas of our business that will deliver economic, social and environmental value. In 2011/12, each executive board member will take responsibility for the delivery of a pillar of our strategic CR framework ETHOS1, driving our CR activities from the highest levels
I am proud to report the progress we’ve made during 2010/11 and the direction Grainger plans to take over 2011/12.
As always, I welcome your comments and feedback.
Andrew R Cunningham
Chief executive, Grainger plc
"Grainger has completed the first stage of the sustainability journey successfully, putting in place a strong foundation of CR policy and reporting.” Lora Brill Senior consultant, Jones Lang LaSalle Upstream Energy and Sustainability Services.
Protecting Assets and Income
Customers increasingly satisfied with the repairs service provided by our contractors, both in terms of punctuality and overall level of service
Driving Efficiency
4 out of 7 offices reduced their annual electricity consumption
10% carbon intensity related to office electricity (per employee)
Investing in Communities and Places
Double the number of staff involved in volunteering activities, 31 to 61
£55,548 donated to charitable causes, up from £50,785 last year
Responsibility to Stakeholders
Over half of technical or professional positions filled by women
Double the percentage of senior management positions filled by women compared to 2007/8
£625 per employee Grainger invested in training
72% of staff describe Grainger as an extremely or very good employer
Zero health and safety fines or pollution incidents