Ethical Performance
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British Land publishes its 2010 CR Report

18/06/2010

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British Land has published its 2010 Corporate Responsibility Report at http://www.britishland.com/crreport2010

The real estate investment company achieved new levels of transparency, with GRI Index B+, additional performance data and eight new medium-term targets.

The report shows that by working in partnership with staff, suppliers and occupiers British Land:

  Reduced energy use by 12 per cent across the company's like-for-like portfolio, saving 11.1 million kWh and £700,000 for occupiers, as well as cutting carbon emissions by 4,675 tonnes.
  Recycled or re-used 86 per cent of all development waste and diverted 83 per cent of managed waste at its properties from landfill.
  Saved occupiers £3.5 million on service charges, compared to the previous year, with average savings of 7 per cent per square metre.
  Achieved BREEAM Excellent ratings for all new office developments, with Ropemaker Place becoming one of the first buildings in Europe to achieve pre-certification for LEED Platinum.
  Reduced water use by 13 per cent across the company's like-for-like portfolio, saving 54.7 million litres of water and £70,000 for occupiers.
  Invested £717,000 in good causes through cash, time and gifts in-kind, with a further £11.2 million contributed to local infrastructure and initiatives through the planning process.
  Reduced British Land controlled energy use at its own Head Office by 32 per cent, saving nearly 1 million kWh and £50,000 on energy bills.

British Land was recognised as real estate sector leader in the Oekom Corporate Responsibility Review 2010, and one of the Global 100 Most Sustainable Corporations 2009 by Corporate Knights. It was also voted Landlord of the Year 2009 by UK retailers and Property Company of the Year 2009 by readers of Estates Gazette.

Performance data was independently reviewed by Bureau Veritas.

Feedback on the report is welcome at: cr@britishland.com

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