Glenveagh corporate | Our Approach
Sustainability

Sustainability

Our goal is to create the leading sustainable homebuilding platform in Ireland.

We aim to deliver high-quality homes and flourishing communities in the context of the highest standards of environmental stewardship and responsible business. Our approach to sustainability is holistic and integrated.

Key drivers of our approach to sustainability

Our approach to managing climate change is integrated into how we operate, interact with our suppliers and the homes we deliver. Our ambition is to set a new benchmark in our sector by delivering the maximum possible social benefit at the lowest possible environmental cost.

62%

of national target for affordable homes built in 2020.

We need to deliver sustainable, affordable homes for young families.

100%

A-rated homes for sustainable communities.

Energy efficient construction, EV charging points, cycling & walking permeability as standard.

39%

of Global Carbon Footprint

The construction sector accounted for 39% of process related CO2 emissions in 2018.

Group strategy objectives aligned to our sustainability pillars
Disciplined Investment across our three target segments
• Suburban • Urban • Partnerships
Scaling construction capability across Suburban and Urban
• Low-rise and high-rise • Standardisation & Technology • Off-site construction
Sector-leading customer centric focus & offering
• Owner-occupiers • Partners • Institutions
Optimisation of capital employed
• Minimise up-front land costs • Control WIP investment • Innovation

Our sustainability pillars

Our approach to sustainability is holistic and integrated. Our six sustainability priorities address the most relevant issues to our stakeholders, whilst supporting our strategic priorities. Management of each topic is integrated into “business as usual” operations through commitments, KPIs, governance, accountability, and risk management processes and structures.

Putting customers at the heart of what we do

Attracting, inspiring and investing in people

Keeping people safe

Creating sustainable homes and communities

Environmentally considerate and efficient operations

Sustainable and responsible sourcing

2020 Sustainability Report Highlights

25%

CO2 Emissions Reduction Target

Scope 1 and 2 intensity reduction target for 2025 from 2020 baseline.

72%

Affordable Homes

Of homes priced below the new home median 2019: 73%.

B

CDP Score (Carbon Disclosure Rating)

Ireland’s leading homebuilder.

2020 Full Report

In this, our first Sustainability Report since we became a public company in 2017, we set out our approach to reducing GHG emissions from our own operations and our supply chain, and the steps we are taking to reduce, re-use and recycle raw materials and resources.

2020 Full Report

Sustainability in action

Our ambition is to set a new benchmark in our sector by delivering the maximum possible social benefit at the lowest possible environmental cost.

Our policies and statements

We aim to control and manage our business responsibly, and to minimise operational risk.

Our performance and disclosures

We have chosen to disclose sustainability topics and accounting methods in line with the Home Builders Sustainability Accounting Standard.

Investor contacts

Michael Rice

Chief Financial Officer

michael.rice@glenveagh.ie

Chloe McCarthy

Group Company Secretary

chloe.mccarthy@glenveagh.ie

Media contacts

David Clerkin

+353 1 665 0454

david@gordonmrm.ie

Ray Gordon

+353 1 665 0450

ray@gordonmrm.ie

Media enquiries

glenveagh@gordonmrm.ie