Ethical Performance
inside intelligence for responsible business
 

CANARY WHARF GROUP PUBLISHES ANNUAL SUSTAINABILITY REPORT

13/07/2015

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“Understanding our contribution to our local and national economies, building positive relationships with our community and protecting the environments we impact, at developments or via our supply chain, are the marks of modern leadership.”
Sir George Iacobescu CBE, Chief Executive and Chairman of Canary Wharf Group.
 
Canary Wharf Group’s latest Sustainability Report gives a snapshot of its activity and commitments in three key areas: Developing Economies; Building Communities and Relationships; and Protecting the Environment. It is proud of its achievements but continues to strive to do more, so as well as celebrating its successes, the report also identifies its targets and points for improvement. It has recently appointed a new Group Sustainability Manager, evidence of its commitment to sustainability.
 
The independently assured report has been prepared in accordance with the Global Reporting Initiative G4 Sustainability Reporting Guidelines. Click here to download our Sustainability Report.
 
Report highlights:
  • 45% of Group spending was on local companies
  • First major UK property and construction company accredited as a London Living Wage employer
  • £2.28m total investment in community engagement projects and programmes
  • Zero waste to landfill across CWML-managed areas for fifth consecutive year
  • Highest Building Research Establishment Environmental Assessment Methodology rating to date achieved at 20 Fenchurch Street (80.2)
  • 41 work experience placements from within local boroughs
  • 315 Santander bike docking stations at Canary Wharf
  • Multiple industry awards and recognitions spanning stewardship, health & safety, environmental design & construction and contribution to the community
Our three key areas of focus in the report are outlined below:
 
Developing economies: All Canary Wharf Group developments are designed to open up economic opportunities to people living in the areas surrounding its operations, through direct employment (either during construction or once the buildings are operational) indirect employment (by incorporating local suppliers in our supply chain or those of our tenants) or by fostering opportunities for small, local businesses and social enterprises.
 
Building communities and relationships: From the outset, the Group has worked hard to reach out to the residents, businesses and community organisations on its doorstep, offering rewarding career opportunities to its employees and forging mutually beneficial relationships with its partners.
 
Protecting the environment: Throughout the lifecycle of its projects, from site preparation through design and construction to ongoing occupation, the company collaborates closely with others to minimise energy, water and resource use and, in line with its long-term targets, use responsibly sourced materials and assist its suppliers and contractors in doing the same.
 
Canary Wharf Group is keen to receive stakeholder feedback. Click here to submit your views. 
 
About Canary Wharf Group plc
Canary Wharf Group plc has overseen the largest urban regeneration project ever undertaken in Europe, designing and building more than 16m sq ft of iconic London real estate, home to local and international companies and renowned retailers. It is diversifying into residential, recently built 20 Fenchurch Street in the City and is developing the Shell Centre on London’s South Bank. The Group is a wholly owned joint venture between Brookfield Property Partners and the Qatar Investment Authority.
 


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