Adopting the Sustainability Reporting Standard for Social Housing
We welcomed the publication of the Sustainability Reporting Standard for Social Housing last week and here at Midland Heart we are very proud to be an early adopter of the recommended standard.
16th Nov 2020 - Corporate news
The reporting standard is a result of an innovative collaboration between 18 banks and investors, housing associations, service providers and impact investing organisations. The group was established, in 2019, following the recognition that there was no ‘common’ reporting standard for Environmental, Social and Governance (ESG) reporting. ESG factors are rapidly increasing in relevance in the credit process underpinning and are becoming as central to some investors as the balance sheet and other financial measures.
We are delighted to give our commitment to be an early adopter of the standard. It will shed more light on our performance and passion to improve our ESG outcomes over time. It will also mean we can continue to secure new investment on the best possible terms to help achieve our corporate aim of building as many new affordable homes as we can.
Joe Reeves, Executive Director of Finance & Growth
