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.
“Our 2010 sustainability achievements reflect an integration of overall business and sustainability strategy."
Grainger’s executive team and I are very proud of our company’s continually evolving and strengthening approach to sustainability. We are particularly pleased to be listed in the FTSE4Good index for the first time this year. We hope that this external recognition of our sustainability programme will give investors even greater confidence; attracting and facilitating further investment in our company in the future.
In 2009, we developed ‘ETHOS’, a sustainability strategy closely aligned with our business priorities. The purpose of ETHOS is to ensure business resilience – managing risk, maintaining income streams and protecting value in a low-growth, low-carbon environment. Using ETHOS to guide us, we completed 70% of the applicable sustainability targets that we committed to meeting by 30 September 2010.
We recognise that issues such as climate change continue to be important to you, our stakeholders. For these reasons I invite you to explore this document for highlights of our 2009/10 sustainability performance and the demanding targets Grainger will pursue over 2010/11.
I also hope you take the opportunity to learn more about our sustainability performance through our Annual Report and through this website. As always, I welcome your comments and feedback.
Andrew Cunningham
Chief executive, Grainger plc
FTSE4Good listing
75.5 days volunteered –equivalent to 30% of staff volunteering one day
£1,036 training spend per employee
1,467 properties surveyed by Warm Front for insulation and heating improvements
Health and safety and environmental management systems adopted
Scored 70 in 2010 Carbon Disclosure Project, with the top tier of UK real estate companies, at the top of Band B ‘Fast Following’
26% reduction in CO2 from air travel from 2008/09 leave
