Climate Change Data

Environmental Metrics

ESG Focus Areas

• Affordability and Security
• Building Safety and Quality
• Resident Voice
• Resident Support
• Placemaking
• Climate Change
• Ecology
• Resource Management
• Structure and Governance
• Board and Trustees
• Staff Wellbeing
• Supply Chain Management

Environmental Achievements

• 99% of newly built homes achieved an EPC grade C or higher, with 96.1% achieving EPC A or B grades.
• 73% of Adopters made heating system improvements.
• 54% of Adopters installed insulation.
• 41% of providers made efforts to procure renewable energy or generate it.

Social Achievements

• 92% of housing providers report providing financial advice or support to their residents (up from 67% in 2021).
• 95% of reporting housing providers have resident advisory panels (up from 77% in 2021).
• 87% of housing providers pay the Real Living Wage (up from 69% in 2021).

Governance Achievements

• Average board composition: 40% women, 11% BAME, 5% individuals with a disability, and 2% LGBTQ+.
• Average gender pay gap ratio is 8.3% (down from 10.9% in 2021).
• 92% of providers consider environmental impact in procurement decisions (up from 84% in 2021).

Climate Goals & Targets

Environmental Challenges

• Inconsistent reporting on CO2 emissions.
• Need for increased investment in retrofitting existing housing stock to improve energy efficiency.
• Continued requests for ESG information outside of the SRS criteria from some funders.

Mitigation Strategies

• SfH is working to improve reporting guidance and encourage higher quality and consistency of environmental performance data.
• SfH is considering feedback from Adopters to improve the SRS criteria.
• SfH is working to standardize reporting requests in line with the SRS.

Supply Chain Management

Responsible Procurement

• Social value is considered in procurement by over 95% of providers.
• Environmental impact is considered in procurement by 92% of providers.

Climate-Related Risks & Opportunities

Physical Risks

• Increased flood risk
• Increased risk of homes overheating

Reporting Standards

Frameworks Used: Sustainable Development Goals (SDGs), International Capital Market Association (ICMA), Loan Market Association (LMA), Sustainability Accounting Standards Board (SASB), Global Reporting Initiative (GRI), Task Force on Climate-related Financial Disclosures (TCFD)