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Governance

Oversight of social, environmental and economic matters, including risk, is provided by leadership and robust governance which assigns clear responsibilities and effective reporting structures.

Governance structures & risk

Sustainability issues are part of our overall business strategy and the Board has ultimate responsibility for considering all of these matters. Redrow has established committees examining audit, placemaking and sustainability, nomination and remuneration. Terms of reference for these committees can be found here. Details of our risk management process and risks can be found in our Annual Report and accounts here.

Leadership

Our business strategy, encompassing the key themes of Building Responsibly, Creating Thriving Communities and Valuing People was developed by the executive team and other senior managers in the business. Each of the themes and the supporting principles has a senior business ‘owner’ and all parts of the business are charged with contributing to the success of the strategy. The strategy is embedded into the way we do things across the business and this is reflected in our internal communication channels and training and development approaches.

Methodologies & assurance

Greenhouse Gas Emissions

Greenhouse gas emissions data for the period 1 July 2017 to 30 June 2018 are set out in the table below:

This disclosure includes all of the emission sources required under the Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013.  These sources fall within our consolidated financial statement and we do not have responsibility for any emission sources that are not included in our consolidated statement.

Emissions have been calculated using the UK Government’s Greenhouse Gas Conversion Factors for Company Reporting.  Reported Scope 2 emissions are calculated using the location-based method.

This inventory of greenhouse gas emissions has been verified by SGS to a limited level of assurance, in accordance with ISO 14064-3:2006, as meeting the requirements of The Greenhouse Gas Protocol – A Corporate Accounting and Reporting Standard.  Click here to view our Greenhouse gas verification statement.

Assurance of Non-Financial Data

SGS have provided independent assurance of several of our sustainability Key Performance Indicators for the financial year 2018/18.  The following KPIs and their underlying data were assured:

  • Capitalised value of social/affordable housing (£’s)
  • Volume of construction waste (Tonnes)
  • Percentage of construction waste diverted from landfill (%)
  • Accident Incident Rate (AIR)

Click here to view our Assurance Statement

Environmental Management Systems

To manage the environmental impacts from our activities we operate a formal environmental management system which is externally by BSI to the international standard: ISO 14004:2015. Click to view our bsi Certificate of Registration 

 

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Valuing and developing people
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