Climate Change Data

Mitheridge Capital Management LLP

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

ESG Focus Areas

  • Environmental Sustainability
  • Social Benefit
  • Good Corporate Citizenship

Environmental Achievements

  • Committed to Net-Zero Carbon operational basis by 2030 for all projects
  • Designing buildings with operational Net Zero in mind from pre-construction stage
  • Re-use of existing structures where possible and consideration of sustainable construction materials
  • Significant embodied carbon savings through refurbishment of existing buildings (Project Zodiac example: 30 tonnes CO2e saved in demolition and 2624 tonnes CO2e in reconstruction)

Social Achievements

  • Undertaken independent social value assessments to determine local needs and deliver projects that benefit the community
  • Partnership with CAYSH (Croydon Association for Young Single Homeless) through the Mitheridge Foundation, providing grants and volunteering opportunities
  • Collaboration with Big Local Broad Green on Project Zodiac to incorporate a community pavilion
  • Team fundraising efforts raising over £7.5k for CAYSH's Working My Way Up project

Governance Achievements

  • Regulation by the Financial Conduct Authority
  • Establishment of a separate investor portal for secure document access
  • Cyber security training for all Partners and employees
  • Non-executive membership in Management, Conflicts, and Investment Committees

Climate Goals & Targets

Medium-term Goals:
  • By 2030, all new buildings must operate at Net Zero to meet climate change targets
Short-term Goals:
  • By 2025, all new buildings will need to be designed to meet Net Zero operational carbon targets

Environmental Challenges

  • High carbon footprint of the real estate sector
  • Need to mitigate embodied carbon in construction
  • Balancing profit, people, and planet
Mitigation Strategies
  • Net-Zero Carbon commitment by 2030
  • Sustainable design and construction practices
  • Social value assessments
  • Mitheridge Foundation initiatives
  • Robust cyber security measures

Supply Chain Management

Responsible Procurement
  • Sustainable procurement plan encouraging consideration of environmental, social & economic impacts

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: B Corp Certification

Awards & Recognition

  • B Corp Certification