[15.08.2008] Crest Nicholson, housbilder company, has changed its approach to reporting Corporate Responsibility with the launch of its first integrated Sustainability Report.

Building on five years of reporting, and to respond to the needs of a wide range of stakeholders, the 2007 Sustainability Report presents Crest Nicholson’s forward-looking strategy, highlights the challenges and opportunities, and demonstrates how the company is tackling key sustainability issues whilst generating financial value for the business. 

The report has been structured to better reflect the integrated nature of Crest Nicholson’s business, and follows the key stages of the development process. It uses exemplar projects to present the spectrum of very real challenges and opportunities facing the sector, and reports on Crest Nicholson’s performance and approach.  As well as outlining targets and key performance measures, the report includes an open discussion of the way in which the company aims to tackle some of the most important areas that require attention.

Key targets for the period 2008-9 include:

•    Reducing carbon dioxide emissions arising from office and site activity by 25% by 2020
•    Trialling innovative construction techniques and cutting edge technologies to deliver homes that perform to the higher levels of the Code for Sustainable Homes
•    Halving the amount of construction waste sent to landfill by 2011
•    Working with suppliers to develop a Sustainable Procurement Policy including a target to use 75% sustainably sourced timber by 2009
•    Developing a carbon intensity study to accurately assess the emissions associated with building materials and construction activity
•    All new sites submitted for planning will incorporate:
o    Internal recycling facilities
o    Water fittings to reduce daily consumption to 105 litres/person/day
o    75% low energy lighting
o    Water butts to encourage rainwater re-use
•     Developing ways to support employees in reducing their carbon footprints through awareness raising initiatives, promotion of car-sharing, or the use of public transport.

Commenting on the launch of the report, Crest Nicholson’s Chief Executive, Stephen Stone, said: “Crest Nicholson puts sustainability at the heart of its’ business model, and this Sustainability Report makes some clear statements about our performance and our forward looking strategy in what is a challenging business environment. 

Report is available at company's website>> 

Source: Crest Nicholson

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