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Growing Our Commitment GROWING OUR COMMITMENT ESG Report 2020 CONTENTS Introduction 2 A message from our Chairman 4 Company Timeline 9 Mission & Values 11 Our Approach to ESG 13 Environment 15 Social 20 Governance 24 Our 2021 Commitments 24 Contacts 28 2 | Caddick Group A MESSAGE WELCOME FROM OUR CHAIRMAN Our organisation has now been in business successfully for over 40 years. From humble beginnings undertaking small construction and civil engineering projects, we have grown steadily into a multi sector property development and construction business with a project pipeline of several billion pounds right across the UK. We have always remained a family business, and despite our growth, it’s still our people, their families and our communities that lie at the heart of everything we do. As we have grown over the years, we have been able to make an ever greater and more positive impact on people’s lives whether they be our own staff, our customers, occupiers, investors or the communities in which we deliver our projects. In recent years in particular we have been able to direct more structure and resources to our now very active CSR programme. For example, through the Leeds Rhinos Foundation and our charity partnerships we’ve done some amazing work and provided significant much needed financial support to a number of our partner charities. However, we’ve now achieved a scale which requires us to take a more strategic approach and this ESG report creates a strong platform on which to build and expand our strategies. We were presented with some truly unprecedented challenges during 2020, however our staff have responded magnificently and with great resilience to keep our business moving, construction sites open and projects on programme. I am very proud of what we’ve been able to achieve in spite of very difficult circumstances and this report is testament to that. In this first ESG report we also look at the year ahead - and beyond - as we set out our aspirations to cement our position as one of the UK’s leading property and construction businesses. Welcome to Caddick Group’s inaugural annual ESG (Environmental, Social, Governance) report. In this report we will take you through our journey on environmental, social and governance performance. We will outline our standards and views on each of these business pillars, give examples of how we are taking action, and set out our vision for the coming year in 2021. Paul Caddick Chairman & Founder 3 | Caddick Group 4 | Caddick Group THE CADDICK GROUP We are one of the largest, privately owned, multi- and management of residential, industrial and sector property developers – creating high quality regeneration projects. Continually driving forward places and spaces across the UK. acquisitions, new partnerships and investing our capital, we undertake schemes both speculatively Caddick Group was founded in 1979 by Paul and directly for end-users. The wider Caddick Caddick, who continues as Chairman and the Group includes Caddick Developments, Moda company remains in family ownership. Living, Oakgate Group, Caddick Construction, Growing from our Yorkshire foundations, we are a Caddick Civil Engineering, Caddick Land. The trusted delivery partner, building institution-grade Group also owns Headingley Emerald Stadium assets across the country. Our business specialises and Leeds Rhinos Rugby League Team. in the acquisition, development, construction Our development pipeline in 2020 >18,000 >16m sq ft >2,800 acres >£7bn New homes Commercial floor Of land under GDV space control 5 | Caddick Group 6 | Caddick Group UK PORTFOLIO MAPS Active projects in 2020 6 5 1 Emerald Headingley Stadium, Leeds GLASGOW M8 EDINBURGH Leeds Studios, Whitehall Road, Leeds New York Square, Leeds 5 Stonebow House, York M74 Leeds Valley Park South 2 Moor Park 25, Mirfield A1 3 Farington Park, M6 Leyland 4 Wakefield 515 A74(M) H NEWCASTLE CARLISLE M6 J Yorkshire Region North West D KENDAL B A1(M) 2 1 Cross Green, Leeds – Towngate Plc (Unit 3 &5) A MSCP Alderley Park, Macclesfield – ULVERSTON 1 3 5 Stonebridge Mills, Leeds – Stonebridge Alderley Park Limited CARNFORTH 1 1 8 Mills Limited B Porsche, Carnforth – Parker & Parker Limited E G 4 4 I 3 LEEDS 2 Vida Court, Harrogate – Vida Healthcare Limited C Novus (Units 1-9), Knutsford – Chancerygate 5 2 M62 3 Hudson Quarter, York – Palace Capital (Uxbridge) Limited BLACKBURN HULL M62 (Developments) Limited D Blue Light Hub, Ulverston - Cumbria 2 K M18 3 F 4 Wakefield 515, Wakefield – Panattoni County Council MANCHESTER M60 5 Moor Park 25, Mirfield – Caddick Developments E BAE (Advanced Manufacturing Facility), LIVERPOOL C A 6 Limited (Phase 1 & 2) Blackburn BAE Systems (Operations) Limited M1 6 179 High Street, Lincoln – EDW Developments F Mersey Reach, Aintree - Chancerygate KNUTSFORD MACCLESFIELD LINCOLN Limited (Aintree) Limited 7 Stokers Furniture Store, Aylesbury – Stokers Limited G BAE Zone 5, Blackburn - BAE Systems M6 NOTTINGHAM 8 SOYO, Leeds (Operations) Limited H Gateway 44, Carlisle - Chancerygate Limited 4 A1(M) I Fishwicks Industrial Estate, Haydock – William M1 Fishwick & Sons Limited BIRMINGHAM J Kendal Town Hall – South Lakeland District Council CAMBRIDGE K The Manchester College – Openshaw Campus – LTE Group M40 M5 7 A1(M) M11 M4 OXFORD AYLESBURY BRISTOL M25 SWANSEA LONDON M4 M25 M3 1 New York Square, Leeds 2 Angel Gardens, Manchester M5 3 The Lexington, Liverpool 7 SOUTHAMPTON 4 The Mercian, Birmingham PORSTMOUTH HOVE BRIGHTON 5 Holland Park, Glasgow EXETER 6 Springside, Edinburgh 7 Sackville Road, Hove 7 | Caddick Group 8 | Caddick Group COMPANY Paul Caddick named Property personality of the Year. TIMELINE Caddick Construction became CLOCS Champions. Two Caddick sites recognised at the Considerate Construction Scheme national awards. Double celebration at Awarded ROSPA Caddick Construction won the CCS National site President’s award for President’s Award at ROSPA, awards for Emerald Caddick head office Caddick Construction Caddick Group became Became British Safety 10 consecutive years marking 14th consecutive Headingley Stadium built in Knottingley, launched owners of Leeds Rhinos Council member good health and safety Became a member of year of gold standard build and Npower Yorkshire RLCF management CQMS safety scheme achievement for health renovation project and safety management systems. Caddick named in the Sunday Times Top Track 250. Oakgate Group joins Caddick Group Caddick Land established. 1979 1986 1993 2003 2006 2014 2016 2018 1983 1991 1996 2003 2013 2015 2017 2019 Achieved Order of Distinction for securing 15 consecutive Gold standard Paul Caddick Paul Caddick Head office building Granted first ROSPA Caddick Construction Moda Living created Caddick Construction in internationally established a (holdings) become extended due to Gold award incorporated Caddick granted Construction renowned ROSPA construction company Caddick Group company growth Civil Engineering Enquirer Awards ‘Best awards specialising in civil (projects included Contractor to work Top Ten winner at engineering Wakefield 41, with (£50m-£250m)’ Construction Enquirer (a subsidiary of Paul Panasonic, Pioneer, plus received Top 10 awards – best Caddick (Holdings) Morrisons) winners award for ‘Best construction to work plc) contractor to work for with category 9 | Caddick Group 10 | Caddick Group MISSION & VALUES LEADING THE WAY Who we are and what we do Sources land and promotes sites for sustainable new developments creating a long-term positive legacy. of land sourced for sustainable development FOCUS Specialist developer and operator of residential, employment and urban regeneration projects. Sustainability targets embedded across all new developments Our Company Values Our building and engineering HONESTY AGILITY arm offering high quality new build, refurbishment and civil construction. of waste diverted from landfill across current sites Specialist developer and operator of high quality city centre homes for rent. INTEGRITY 580 people reached in person through wellbeing initiatives + 14.8m online Specialises in acquisition, development and management of commercial, retail, leisure and residential property. In our pursuit of excellence, we aim to provide the most 33% of buildings achieving sustainability comprehensive range of services for all our customers, certification such as LEED occupiers and funding partners, whilst providing good career LEEDS RUGBY opportunities and working conditions for our employees. Professional rugby league team, the spiritual home in Headingley for over 126 years and with its roots Volunteered more than 1500 hours during firmly in the community. the pandemic 11 | Caddick Group 12 | Caddick Group OUR APPROACH ENVIRONMENT TO ESG The past few years has seen the environmental Through our direct operations, we have made agenda move on at a rapid pace. Our sector commitments across the environmental agenda in is increasingly being called upon to improve each of our businesses. Our governance structures Our current approach to ESG aims to take action on the bigger trends we are seeing in the our environmental credentials and respond to aim to meet these targets and implement the risks at our doorstep. This call to action is felt appropriate measurement and management industry and in society, while aligning to our mission statement and staying true to our values. directly through government legislation such processes against each so that we may continue as Net Zero Carbon, Net Zero Energy Buildings, to improve over time and respond to the climate Each of our individual businesses
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