Peabody awarded Certified Sustainable Housing Label
We are delighted to have been awarded the Certified Sustainable Housing Label 2022 by leading German consultancy, RITTERWALD.
The label is an accreditation recognised by companies and investors across Europe and helps ratify and benchmark Peabody’s sustainability performance and Environmental, Social and Governance (ESG) credentials.
The award follows a rigorous accreditation process with RITTERWALD, assessing our performance against ESG metrics that are aligned with the United Nation’s Sustainable Development Goals. As a result, we have been ranked as a “Frontrunner”, the highest possible rating, in all three of the ESG dimensions – Environmental, Social and Governance.
Catalyst, which is on track to join the Peabody Group in April 2022, was recently reaccredited with Frontrunner status having become the first UK housing association to be awarded the Sustainable Housing Label in 2020.
Anthony Marriott, Director of Corporate Finance and Treasury, said: “We’re pleased that our strong performance on a wide range of ESG metrics has been recognised by RITTERWALD. This provides independent quality assurance on the positive impact we’re making for Peabody residents and colleagues, our commitment to providing safe, secure and affordable homes, and our approach to embedding sustainability in everything we do.”
Austen Reid, Director UK at RITTERWALD, said: “Peabody’s extraordinary achievement shows its unparalleled commitment to ESG. On all three ESG dimensions Peabody ranked Frontrunner, the highest possible recognition. The RITTERWALD pan-European Certified Sustainable Housing Label measures a housing company’s ESG credentials, aligns with the UK Sustainability Reporting Standards and forms a beacon for the increasing group of global ESG investors.”
Dr. Mathias Hain, Managing Director at RITTERWALD, added: “Peabody does not only demonstrate its outstanding ESG credentials within the UK market but benchmarked against its peers in other European countries, it is leading the pack.”
Accreditation is the latest milestone in our ESG journey. We were at the forefront of establishing the Sustainability Reporting Standard for Social Housing (SRS) in 2020 alongside other housing providers, service providers, investors, and other leading organisations. We then published our first ESG report in September 2021, detailing our performance against the 48 metrics in the Sustainable Reporting Standard for Social Housing.