Governance

The Sustainability Committee is responsible for developing and overseeing the sustainability strategy, policies and objectives.

Reporting directly to the Board, the Sustainability Committee is chaired by the Group Chief Executive, Dean Finch, and members include the Group Strategy and Regulatory Director, the Company Secretary, the Group Sustainability Director, and the Chief Customer Experience Officer. In 2024 the Group Construction Director and the Regional Chair (South West Division) will join the Committee. The Board receives bi-monthly updates on sustainability issues and performance via the Group Chief Executive’s report, and a detailed bi-annual update provided by the Group Sustainability Director. A detailed sustainability review including performance update, biodiversity net gain requirements and business readiness, FHS scenario planning, and competitor analysis was also provided to the Board at the Strategy Day.

The Sustainability Committee formally met on three occasions during the year, and covered topics including business readiness planning for the Future Homes Standard; operational carbon reduction initiatives and tracking against targets; climate risk and TCFD reporting; long-term net zero carbon transition requirements; environmental metric for PSP award development; modern slavery review and statement approval; and policy reviews and updates.

The Sustainability Committee supports the Board’s climate responsibility, and oversees the Group’s climate change strategy, to ensure climate issues are being effectively considered and managed, and reports its findings and recommendations to the Board. Further information can be found in the Climate-Related Financial Disclosures (‘TCFD’) report in our Annual Report.