Crest Nicholson has marked 50-years of delivering high quality, sustainable developments, along with a 10-year commitment to transparent, non-financial reporting, with the launch of its Sustainability Summary Report. The publication coincides with the Groups’ first interim results announcement today, following its successful return to the London Stock Exchange earlier this year, and underpins an upward growth trajectory that is based on delivering innovative, customer focused design solutions for well-integrated, socially and environmentally sustainable housing.
The Sustainability Summary Report contains a 10-year retrospective, alongside solid future commitments as Crest Nicholson focuses on developing its sustainability strategy for the next 10 years, exploring emerging trends in terms of customer needs and innovative design standards.
Since 2002, when Crest Nicholson published its first Social and Environmental Report – a first for the entire sector – the Group has continued to push best practice standards across its entire operating model. In 2003 it was awarded its first Building for Life Gold Standard for Ingress Park, Greenhithe, and by 2010 had received more Gold Standards than any other developer.
By 2012, with new homes required to meet ever higher measures of environmental performance, 45% of the homes delivered by Crest Nicholson were to Code for Sustainable Homes Level 3 and above. The Group has also significantly altered the way in which it engages with its supply chain, promoting greater innovation and learning.
Crest Nicholson is now recognised as a trusted partner, having done much to engage with government and government-sponsored initiatives over the years. In 2012, it helped more than 200 first time buyers access the housing ladder, and through the Government’s Get Britain Building Fund was able to bring forward more than 700 new homes in Southern England.
Dr Elizabeth Ness, Group Sustainability Director at Crest Nicholson, commented: “It is becoming increasingly important for companies to recognise and address the enormous regulatory changes impacting on our industry as we strive to deliver low carbon housing solutions. Today, the topic is as important for our customers as it is for our shareholders, and Crest Nicholson has been leading the way in developing vibrant, well-balanced and economically viable communities for 50 years. Sustainability is embedded into every aspect of our business model, and our commitment to corporate transparency ensures that this is reported and communicated at every level of the business.”
To access the 2012 Summary Report click here.
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