Sustainability Strategy

At Landsec we design, develop and manage buildings in ways that enhance the health of our environment and improve quality of life for our people, customers and communities, now and for future generations.

Our material issues

In an ever-changing world, it is important that we understand and respond to the shifting global challenges that may influence our business and the issues that matter most to our stakeholders.

In 2021/22 we engaged over 230 customers, investors, community groups and colleagues, listening to what they believe are the issues we should be prioritising and addressing. We then ranked these issues according to their importance to our business (relevance to the delivery of our corporate strategy and how we create value in the short, medium and long-term) and their importance to our stakeholders.

These material issues are reflected in our principal risks where we monitor progress against Key Risk Indicators (KRIs) and ensure mitigation actions are in place. Please see our Annual Report for more information. 

Our strategy and materiality review updates are assessed by our Executive Leadership Team and Board, and are reviewed every two years, or in light of significant organisational change. 

SUSTAINABLE DEVELOPMENT GOALS

In 2019 we became a signatory to the UN Global Compact (UNGC), a voluntary initiative which brings together leading businesses committed to UN goals and universal sustainability principles. 

Mark Allan, Chief Executive of Landsec, said: "I am pleased to confirm that Landsec reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and AntiCorruption. In our annual Communication on Progress (COP), we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations."