Climate Change Data

Environmental Metrics

ESG Focus Areas

• Health & safety
• Staff turnover
• CO2 emissions
• Customer satisfaction
• Affordable housing
• Community investment
• Brownfield land development
• Sustainable timber sourcing
• Waste management
• Gender diversity
• Employee wellbeing
• Apprenticeships
• Fair tax
• Modern slavery
• Supply chain responsibility

Environmental Achievements

• 96% of waste recycled or diverted to energy
• 99.9% of timber used from FSC or PEFC certified sources
• 60% of active build sites were previously brownfield

Social Achievements

• Launched Gleeson Key Worker Priority Programme
• 88% customer recommendation rate
• 60 apprentices employed
• Accredited by the Living Wage Foundation
• 6% median pay gap in favour of women
• 19 Mental Health First Aiders
• Community investment of almost £4,000 in junior sports sponsorship

Governance Achievements

• Awarded the Fair Tax Mark
• Implemented a whistleblowing policy and monitoring of malpractice reporting
• Implemented anti-bribery and corruption policies
• Established a new health and safety brand, 'homeSafe'

Climate Goals & Targets

Environmental Challenges

• Covid-19 pandemic impacting sales and operations
• Higher than average incident rate (AIIR)
• Higher than average staff turnover (36%)
• Higher CO2 emissions per house sold than many other housebuilders
• Uncertainty in the short term in relation to both Covid-19 and the UK’s exit from the EU

Mitigation Strategies

• Implemented Covid-19 safe working protocols
• Phased restart of site activity
• Successful share placement raising £16.4m
• Drew down £60m of bank loan facility
• Furloughed 76% of workforce
• Temporary salary reductions for Board and senior management
• Investment in site set-up and compounds
• Improved working protocols and fall prevention systems
• Investment in Customer Care team, new website, My Gleeson portal, and Gleeson Quality Charter
• Partnership with In-house Research for customer feedback
• Continued land acquisition at sensible prices
• Continued investment in land portfolio and promotion of sites through the planning system

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prioritising local suppliers and subcontractors
• Prompt payment to suppliers
• Modern slavery policy requiring confirmation from all suppliers and subcontractors

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Fair Tax Mark

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• UNSDG 11: Sustainable Cities and Communities

100% of Gleeson Homes turnover is aligned with achieving 'access for all to adequate, safe and affordable housing'.

Sustainable Products & Innovation

• Energy-efficient homes

Awards & Recognition

• Fair Tax Mark

Environmental Metrics

ESG Focus Areas

• Communities
• People
• Environment

Environmental Achievements

• Reduced CO2e emissions (scope 1 & 2) by 18% to 2.05 tonnes per home sold (2020: 2.5 tonnes)

Social Achievements

• Increased employee engagement score to 89% (2020: 88%)
• Achieved a 90.6% customer recommendation score (equivalent to a 5-star rating)
• Launched Key Worker Priority Programme and partnership with Forces Property Direct

Governance Achievements

• Established a Sustainability Committee
• Appointed Elaine Bailey as a Non-Executive Director and Chair of the Sustainability Committee
• Increased Board diversity with two female Non-Executive Directors

Climate Goals & Targets

Environmental Challenges

• Rising costs and material shortages
• Increased health and safety incident rate (AIIR) to 556 (2020: 359)
• Planning delays caused by the pandemic

Mitigation Strategies

• Strong supply chain relationships and controlled selling price increases
• Implementing actions to address health and safety issues (enhanced monitoring, training, safe working practices)
• Proactive land searching capabilities and strong relationships with land agents

Supply Chain Management

Responsible Procurement

• Sustainable procurement policy; sourcing 99.9% of timber from FSC or PEFC certified sources; using recyclable or biodegradable packaging where possible.

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Overheating

Transition Risks

• Regulatory changes (Part L and Part F Building Regulations)
• Increased build costs

Opportunities

• Development of energy-efficient products (air source heat pumps)

Reporting Standards

Frameworks Used: TCFD, SASB, UN SDGs

Certifications: Investors in People

UN Sustainable Development Goals

• SDG 8
• SDG 5
• SDG 11
• SDG 12
• SDG 13
• SDG 15

Initiatives contribute to these goals through affordable housing, fair employment practices, community investment, waste reduction, carbon emission reduction, and land regeneration.

Sustainable Products & Innovation

• Energy-efficient homes; air source heat pumps (trial)

Awards & Recognition

• Fair Tax Foundation accreditation; Investors in People accreditation

Environmental Metrics

ESG Focus Areas

• Affordability
• Build quality
• Energy efficiency
• Climate change
• People, wellbeing, health and safety
• Land

Environmental Achievements

• Reduced absolute emissions from direct operations to 3,601 tonnes (2022: 3,714 tonnes)
• Diverted 99.0% (2022: 99.0%) of waste generated away from landfill
• Sourced 99.9% of timber from FSC or PEFC certified sources
• Installed air source heat pumps in all homes commenced after June 15, 2023
• Committed to setting Science Based Targets aligned with the 1.5°C scenario

Social Achievements

• Maintained employee engagement score in the top quartile of all surveyed companies (87%)
• Paid all colleagues and subcontractors at least the Real Living Wage
• Launched Gleeson Skills Development Programme and Gleeson Leadership Development Programme
• Increased average salary for wider workforce by 5%
• Undertook various community investment initiatives (e.g., donations to local charities)

Governance Achievements

• Signed the Government’s self-remediation terms for building safety
• Restructured Gleeson Homes to improve efficiency and reduce costs
• Implemented a new Gleeson Competency Framework
• Improved internal training matrix and management processes for 100% compliance
• Appointed James Thomson as Chairman and Nicola Bruce as Non-Executive Director

Climate Goals & Targets

Environmental Challenges

• Economic downturn and uncertainty in the housing market
• Reduced mortgage availability, particularly for first-time buyers
• Increased land prices and competition for new sites
• Government policy and regulatory changes (planning, building regulations)
• Increased build costs and material/labor shortages
• Planning delays and environmental issues
• Rising interest rates and cost of living crisis impacting buyer confidence
• Increased health and safety incident rate

Mitigation Strategies

• Closely monitored economic and housing market indicators
• Cautious approach to funding and investment
• Provided customer assistance packages and sales incentives
• Clearly defined land strategy and geographic focus
• Strong relationships with suppliers and subcontractors
• Proactive land searching capabilities
• Monitored changes to legislation and building regulations
• Consulted with government and industry bodies
• Implemented a range of sales and marketing initiatives
• Restructured Gleeson Homes to improve efficiency
• Brought health and safety inspections in-house
• Developed a carbon reduction strategy and committed to SBTi targets
• Developed a biodiversity strategy to address BNG requirements
• Implemented a water strategy

Supply Chain Management

Responsible Procurement

• Sustainable sourcing of materials
• Use of local suppliers and subcontractors
• Partnership with Supply Chain Sustainability School

Climate-Related Risks & Opportunities

Physical Risks

• More frequent adverse weather events
• Flooding

Transition Risks

• Carbon pricing
• Changes to building regulations
• Reliance on emerging technologies
• Supply chain decarbonization
• Stricter planning requirements

Opportunities

• Energy-efficient homes
• New technologies
• Sustainable supply chain
• Sustainability-linked loans

Reporting Standards

Frameworks Used: TCFD, SASB, UNGC, GRI

Certifications: Real Living Wage employer, Investors in People

UN Sustainable Development Goals

• SDG 11 (Sustainable cities and communities)
• SDG 12 (Responsible consumption and production)
• SDG 5 (Gender equality)
• SDG 13 (Climate action)
• SDG 8 (Decent work and economic growth)

Initiatives contribute to affordable housing, reduced carbon emissions, improved employee wellbeing, and community development

Sustainable Products & Innovation

• Energy-efficient homes with air source heat pumps
• Homes built using concrete bricks or reconstituted stone

Awards & Recognition

• Outstanding Workplace award