Centrick’s Journey to ESG

As a business, we have grown strategically across the UK for almost two decades. With growth, comes responsibility. We have, and always, will stand apart for our commitment to people, purpose and the planet and believe strongly in the power of incorporating strong environmental, social and governance practices into our core operating model and the benefits that clear, accountable and public commitments bring to our economy and the society we live in.

With a group wide taskforce, including board directors and team members at all levels, who are leading the bid to achieve the globally recognised B Corp certification by December 2024. At Centrick we’ve always sought out innovation at all levels, from “Brilliant Basics” to consistent benchmarking and beyond. We believe in “Making customer’s lives better every day, the Centrick way” and our vision is to operate in the most sustainable and ethical way possible, bringing our social conscience to all our business decisions.

By taking steps to become a certified B Corp, we strive to not only create a better standard of living, working and collaborating across the homes and developments we manage but also to send a clear message to the industry that ESG priorities must be front and centre.

Why B Corp

Globally recognized, B Corp certification is awarded to businesses that are committed to acting as a force for good and which meet high standards of social and environmental performance, transparency, and accountability. B Corp status is a designation that a business is meeting high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials.

There are over 6,800 B Corp accredited companies around the world, across 161 industries in 89 countries, with over 550,000 workers. Each company commits to positively impact all stakeholders, workers, communities, customers, and the planet.

Our initial business impact assessment has been completed and we will present our B Corp submission in September 2023, sharing our plans to extend our social and governance strategies across the group by April 2024. By September 2024 we’re striving to reduce our carbon footprint by 30% with the goal to achieve B Corp accreditation three months later alongside a fully mobilised our environmental strategy.

Our Journey

Centrick has, and always will stand apart for our commitment to people, purpose and planet. Our Environmental, Social and Governance (ESG) actions set out our ongoing commitment to the communities, people and futures that we serve. We believe strongly in the power of incorporating strong Environmental, Social and Governance (ESG) practices into our core operating model and the benefits that clear, accountable and public commitments bring to our economy and the society that we all live in.

Whilst sustainability has always been a key focus for the business at all levels, our journey to ESG officially began in April 2023, when we officially began the start of the B Corp accreditation process. Since then, we have carried out an Initial Business Impact Assessment to achieve a better understanding of our current position. Over the next 18 months, we will grow our groupwide Environmental and Social Governance strategies, produce and mobilise a BTR strategy for Net Zero and ESG conscious residential buildings, assemble a taskforce of employees across all business areas to champion ESG and reduce our carbon footprint by 30%. By December 2024, we aim to be B Corp accredited with a full environmental strategy mobilised.

Our Vision

There is a broad ambition for the property sector to be carbon neutral by 2035. A growing number of developers and investors are very tuned in to ESG and, like us, they are seeking clear pathways to net zero, environmental sustainability and better social awareness – we welcome alignment and partnership with those that share our ESG vision. However, the reason for becoming B Corp accredited are not commercially driven. Morally, we believe it is the right thing to do. We’re ambitious about our ESG goals and believe that B Corp provide a platform to grow this ambition. Our visions include:

Net zero carbon status.
Minimising its measurable carbon footprint.
Reducing waste.
Making positive societal contributions.
Taking ethical, accountable actions.
Providing an open, diverse and supportive workplace.
Supporting and creating meaningful communities.

We’re on a journey to become a certified B Corp and strive to not only create a better standard of living, working and collaborating across the homes and developments we manage but also to send a clear message to the industry that ESG priorities must be front and centre.

Our ESG strategy outlines the steps we’re taking and our commitment to ESG. Download the full strategy to find out more: