Peabody reaccredited with Certified Sustainable Housing label
We have been awarded the Certified Sustainable Housing label for a second time by pan-European residential real estate consultancy, RITTERWALD.
Published: 09/03/2023
We have been awarded the Certified Sustainable Housing label for a second time by pan-European residential real estate consultancy, RITTERWALD.
The label is an accreditation recognised by companies and investors across Europe and helps ratify and benchmark our sustainability performance and Environmental, Social and Governance (ESG) credentials.
This year, for two areas of the ESG dimensions Social and Governance, we were awarded the highest ‘Frontrunner’ status and ‘Ambassador’ status for Environmental.
We went through a rigorous process as part of the accreditation including being assessed against ESG metrics aligned with the UK’s Sustainable Reporting Standard and a materiality analysis which looked at the potential impact of sustainability and ESG issues on the organisation.
This year’s process was also particularly meticulous with RITTERWALD assessing against increased requirements for the Certified Sustainable Housing Label.
This is the first RITTERWALD accreditation for the new Peabody Group, following our merger with Catalyst in April 2022.
Anthony Marriott, Peabody’s Director of Treasury & Corporate Finance said: “The RITTERWALD accreditation is important to us as it recognises our commitment to strong performance across all three of the ESG dimensions; Environmental, Social and Governance. The new Group, with more homes and residents, will continue to create a positive impact in our communities, providing safe, secure and affordable homes and making sustainability a priority in everything that we do.”
Ad Hereijgers, RITTERWALD’s Director of Business Development and Sustainability Lead said: “Peabody does demonstrate excellent ESG credentials and is consistently improving itself. This result deserves extra credits, because we raised the bar this year with an updated ESG Criteria Catalogue aligned with global disclosure frameworks and reporting standards and of course with the UK Sustainability Reporting Standard”.
ESG plays an integral part across the Peabody Group and the RITTERWALD accreditation is one part of our sustainability journey. We reported against the Sustainable Reporting Standard for Social Housing in our second ESG report last year.
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