We are a fair and responsible business in everything we do.

 

Building strong relationships with our partners, customers, suppliers, communities and colleagues - developing plans so that everyone and every building has a role in delivering our vision.

Act well: targets and performance

Embedding ESG

Targets and Metrics

All Landsec colleagues to have individual objectives to support the delivery of Build well, Live well, Act well with a proportion of remuneration linked to our energy and carbon targets.

2024/25 performance

Landsec colleagues commit to setting sustainability objectives as part of our sustainability training and ESG metrics are included in the Long-Term Incentive Plan (LTIP) and Annual Bonus Plan for Executive Directors and employees.

Build relationships with our customer base (office and brand partners), establishing partnerships to drive improved sustainability performance for mutual gain

Achieved 4.1/5 average score for customers agreeing we are doing a good job supporting them achieve their ESG goals.

Over the past three years, we have delivered energy audits for 38 of our office occupiers, reviewing their energy use and recommending ways to save as much as 15% energy usage annually. Building on these findings, our Workplace team shared these insights with a total of 54 customers, advising on energy-saving initiatives, and tracking implemented actions. 

To date 23% of the 300+ recommended measures have already been implemented by our customers, with an additional 45% agreed to be delivered through Landsec-led interventions.

Doing the basics brilliantly

Targets and Metrics

Build relationships with our strategic suppliers ensuring compliance to our Supplier Code of Conduct and enhancing sustainable practices throughout our supply chain

2024/25 performance

We continue to work with our suppliers to achieve our sustainability commitments and support positive change beyond our own business. Since publishing our Supply Chain Commitment in 2022, over 800 suppliers have signed up, including 93% of our strategic suppliers.

Provide safe, healthy and secure environments for those who work, visit, live and relax across our managed portfolio, maintaining ISO 45001 and BS 9997 certifications, as well as continually going beyond compliance delivering data-led and risk-prioritised improvement actions and leading the industry on fire safety

This year we maintained our ISO 45001 certification and BS 9997 fire-safety management system certification, both subject to independent auditing. We continue to focus our safety improvements on areas where we can have the biggest impact, including reducing the risk of significant occupational safety hazards.

Ensure all colleagues have read, understood and are following our Code of Conduct and underlying policies and standards which set out how we do things building on the foundations of our purpose and values

No. of whistleblowing incidents: 4

This year we reviewed and updated our Anti-Bribery and Corruption Policy and Ethical Business Policy, strengthening our procedures to prevent bribery and corruption. We also launched a new Financial Crime Policy.

Pay our colleagues the Real Living Wage and work with our suppliers to do the same

We continue to pay all our direct employees the Real Living Wage and encourage our suppliers to pay all those who work on our behalf the Real Living Wage.