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Sustainability Report 2020.Pdf Places People Love Countryside Properties PLC Sustainability Report 2020 Countryside Properties PLC / Sustainability Report 2020 1 2020 PERFORMANCE AND HIGHLIGHTS Total Homes Completed Homes for the Private Rented Sector Completed Affordable Homes Completed Adjusted Revenue (£m) 4,053 908 1,691 £988.8m 20 4,053 20 908 20 1,691 20 £988.8m 19 5,733 19 1,377 19 2,179 19 £1,422.8m Financial year Financial year 18 4,295 Financial year 18 816 18 1,503 Financial year 18 £1,229.5m Adjusted Operating Margin (%) Land Bank # Plots Annual Injury Incidence Rate (AIIR) Amount of Communities Fund Spent in 2020 (£) 5.5 53,118 224 £760,095.12 20 5.5% 20 53,118 20 224 19 16.5% 19 49,000 19 227 Financial year 18 17.2% Financial year 18 43,523 Financial year 18 162 Countryside Properties PLC / Sustainability Report 2020 2 2020 performance and highlights continued Total Waste Produced (tonnes) Total Site Waste Diverted from Landfill (%) GHG – Scope 1 (tCO2e) GHG – Scope 2 (tCO2e) 45,492 98.5 5,770 1,906 20 45,492 20 98.5 20 5,770 20 1,906 19 42,352 19 97.5 19 5,391 19 1,863 Financial year 18 31,042 Financial year 18 99.4 Financial year 18 4,560 Financial year 18 1,405 GHG – Fleet (tCO2e) Sites with Biodiversity Action Plans (%) NHBC Recommend a Friend Score (%) Section 106 Spend in the Year (£) 1,791 42 90.6 £34,414,290 20 1,791 20 42 20 90.6 19 1,827 19 39 19 92.5 Financial year 18 1,656 Financial year 18 37 Financial year 18 84.6 Countryside Properties PLC / Sustainability Report 2020 3 Countryside at a glance Partnerships WHAT SETS Housebuilding US APART Since 2000 we have won 385 awards for design and sustainability excellence. Countryside holds more Housing Design Awards than any other home builder and are the only home builder to have ever received the RIBA Stirling Prize for a housing development – a symbol of our dedication to stunning architecture. • Our design and placemaking excellence • Two differentiated divisions responding to a variety of market and stakeholder needs • Far greater proportion of affordable and private rented homes across our developments than private home sales 11 2 • Working in partnership with local community offices factories using modern methods stakeholders is central to our success of construction for timer frame • We are investing significantly in modern methods of construction with two timber 1,947 frame factories directly employed staff (average) 124 • Strong growth trajectory with an even greater active sites number of affordable homes set to be built in future years 2 divisions: Housebuilding and Partnerships 441 & 2 apprentices graduates (supported by Central Services) Operate 14 regional businesses Hanbury Place, Broomfield Countryside Properties PLC / Sustainability Report 2020 4 Countryside at a glance continued OUR PURPOSE understand their priorities and needs and to incorporate SCOPE OF REPORT To create places where people love to live with these into the development process. What makes Our Sustainability Report reports on Countryside’s sustainable communities built to last. us different is the depth of our involvement with environmental, social and governance performance communities and partners, and the way we plan, not across our 2020 financial year (from October 2019 WHO WE ARE only for the people who will live there in a year’s time, to September 2020) and looks forward to 2021 and but those communities to follow in the future. We are a leading home builder in the UK, creating beyond with our new approach to sustainability. high-quality homes and urban spaces where people Our purpose is also about helping to create a more It covers Countryside operations in our offices, love to live. Our business model includes two sustainable world. The places we live and work have a our sites and our factories. delivery divisions: big impact on our climate and biodiversity, and we have an important role to ensure that we create greener and Partnerships, which focuses on urban regeneration, more resilient environments. We aim to manage our delivering mixed-tenure and affordable homes operations in a sensitive and considerate way, and are OUR VALUES in collaboration with local authorities and working hard to ensure that we provide beautiful housing associations. homes and places while also reducing our waste Housebuilding, which delivers private and affordable and emissions. homes and new communities aimed at local owner occupiers. This division operates under both OUR VALUES Countryside and our premium housebuilding brand In 2020, we developed a new set of values to support of luxury homes, Millgate. a culture of excellence. These four values are critical to helping achieve our purpose, and truly reflect the HOW WE DELIVER OUR PURPOSE Countryside Way. We work to create places that make life better for Our approach to sustainability is reflected in our values, people. This means taking a placemaking approach that caring for not only the communities in which we not only builds high-quality homes, but also thinks develop, but also the environment. By taking pride and critically about the social and digital infrastructure, delivering on our promises, we grow communities transport and green spaces needed to nurture a vibrant, together, never forgetting that people and places are connected and healthy community. Engaging with and at the centre of what we do. listening to local communities and partners is key to this work. We work hand in hand with our stakeholders to Members of the FTSE4Good Index since South Oxhey Central, Hertfordshire 2018. Countryside Properties PLC / Sustainability Report 2020 5 Our business model Our business model is designed to be flexible and responsive OUR KEY RESOURCES to the changing needs of our stakeholders and the markets in which we operate, while ensuring long-term financial sustainability and growth. LAND PEOPLE PARTNERSHIPS REPUTATION FINANCIAL STRENGTH Excellent visibility Highly experienced and Enduring relationships Built on transparency, of future growth with motivated employees with local authorities, proven development Strong balance sheet PARTNERSHIPS HOUSEBUILDING embedded value together with strong housing associations expertise and with net cash and debt from strategic land and supply chain and major land owners. delivery through capacity if required. Dash, Hoxton Royal Hill Park, Surrey long-term development relationships. the cycle. PERATING agreements. RD O STRU DA CT AN UR ST E ional perfor erat man OUR APPROACH Op ce rs e P n e t o r H RE p a T T l p U e STANDARD W d R a N n ETHICAL BUSINESS BUSINESS n O a R S d OPERATING s G c r u PRACTICES PARTNERING e l t u STRUCTURE m PLACES r o e t s u S PEOPLE C U S LOVE E E We seek to operate a single model across We take a long-term view of our business We are focused on delivering long-term T B C A C I U I N T the Group to ensure consistency of quality and want it to be sustainable for the future value creation and establishing enduring S N E C I A I N L A C B I and that our customers, partners and which means doing things the right way for relationships across a wide stakeholder base. E IL ES y R S e IT R t P S n Y fe t a S P r s S other stakeholders receive the same high all stakeholders. A a E l d R s n N T er a I N v th S quality experience whichever part of the ice al U E s He B R L business they interact with. IN A G C HI ET THE VALUE WE CREATE Our Partnerships division applies our Our Housebuilding division applies our TRUSTED PARTNER COMMUNITY COMMUNITY SPIRIT master planning and design capabilities master planning and design capabilities INFRASTRUCTURE in an urban environment, with predominantly on strategically sourced OVER 40 £760K public sector partners or through land through a plan-led approach to years of Partnerships experience £34M charity and community donations a mixed-tenure approach to unlocking sites for development. These invested through section 106 payments accelerate delivery. are often in partnership with private landowners or public sector partners in new garden communities. HOMEBUILDER OF CHOICE PUBLIC GREEN SPACES MEMBER OF FTSE4GOOD 90.6% 67% FOR of customers would recommend us of developments in 2020 3 YEARS To find out more about our business model and strategy to a friend since June 2018 please see our 2020 Annual Report and Accounts Countryside Properties PLC / Sustainability Report 2020 6 Group Chief Executive’s review LOOKING TO THE FUTURE IAIN McPHERSON GROUP CHIEF EXECUTIVE When we published our 2019 Sustainability Report last We are a signatory on the C-19 Business Pledge. This March, we could never have foreseen the level to which voluntary scheme asks businesses to consider the our daily lives and work would be disrupted within a crucial role we play to rebuild our economy. Clearly few short weeks. In the upheaval, our focus has one of our most important roles is to continue to build remained firmly on the health, safety and well-being of high-quality affordable homes. Despite the temporary our people, customers and partners, and maintaining a slowdown from the pandemic, our growth strategy healthy, resilient business. We assisted our people in the remains intact with plans for three additional regional 36% transition to home working and established new site offices and the capacity to deliver up to 12,000 new 1,454 of our homes were private sales operating procedures to ensure social distancing.
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