CR management

Corporate responsibility focus areas

Our current focus areas were agreed in 2005 following a two year consultation process with shareholders, employees, occupiers, local communities, suppliers and experts. They are: British Land people, supply chain, regeneration, community, resource use, waste management, and biodiversity.

We will review the appropriateness of these focus areas again in 2007 following further stakeholder consultation. Find out more about how we manage our corporate responsibility focus areas in our 2006 CR Report >

Focus areas

View: British Land People - Principal risk: Failing to attract and retain talented people or maximise the skills and career potential of existing employees. - Opportunities: To increase the value of employees to the business by enabling them to develop personal and professional skills and to be aware of their corporate responsibilities.	View: Occupiers and Suppliers - Principal risk: Dissatisfied occupiers could affect our reputation and financial performance. Unethical behaviour by suppliers could affect our reputation. - Opportunities: To engage with occupiers to better meet their needs and build closer relationships. To establish processes to engage with suppliers to raise awareness of environmental and socially sound goods and services.
View: Community - Principal risk: Poor relationships with local communities can delay the development planning process and affect property values. - Opportunities: To develop relationships with local communities and local authorities, improving the process of developing and managing properties for the Company and the community.	View: Regeneration - Principal risk: Socially deprived areas and alienated communities affect the long-term sustainability of investment in an area. - Opportunities: Promoting sustainable design and construction of developments, and developing partnerships with communities throughout the property life-cycle brings benefits to those communities and to our property investments.
View: Resource Use - Principal risk: Unsustainable buildings can contribute to climate change, increase costs and be less attractive to occupiers. - Opportunities: To promote efficient use of energy and water, reduce carbon dioxide emissions and increase the attractiveness of buildings to occupiers.	View: Waste Management - Principal risk: Inefficient waste management increasing emissions which contribute to climate change. Increasing disposal costs due to the Landfill Tax and increasing transportation costs due to rising oil prices. - Opportunities: To realise cost savings and environmental benefits by minimising waste and encouraging occupiers and suppliers to manage waste in an environmentally responsible way.
	View: Biodiversity - Principal risk: Our activities leading to a decline in local biodiversity and subsequent delays to development projects. - Opportunities: To safeguard and enhance biodiversity for environmental and social benefit, and to attract occupiers to our properties.

View: British Land People
- Principal risk: Failing to attract and retain talented people or maximise the skills and career potential of existing employees.
- Opportunities: To increase the value of employees to the business by enabling them to develop personal and professional skills and to be aware of their corporate responsibilities.

View: Occupiers and Suppliers
- Principal risk: Dissatisfied occupiers could affect our reputation and financial performance. Unethical behaviour by suppliers could affect our reputation.
- Opportunities: To engage with occupiers to better meet their needs and build closer relationships. To establish processes to engage with suppliers to raise awareness of environmental and socially sound goods and services.

View: Community
- Principal risk: Poor relationships with local communities can delay the development planning process and affect property values.
- Opportunities: To develop relationships with local communities and local authorities, improving the process of developing and managing properties for the Company and the community.

View: Regeneration
- Principal risk: Socially deprived areas and alienated communities affect the long-term sustainability of investment in an area.
- Opportunities: Promoting sustainable design and construction of developments, and developing partnerships with communities throughout the property life-cycle brings benefits to those communities and to our property investments.

View: Resource Use
- Principal risk: Unsustainable buildings can contribute to climate change, increase costs and be less attractive to occupiers.
- Opportunities: To promote efficient use of energy and water, reduce carbon dioxide emissions and increase the attractiveness of buildings to occupiers.

View: Waste Management

- Principal risk: Inefficient waste management increasing emissions which contribute to climate change. Increasing disposal costs due to the Landfill Tax and increasing transportation costs due to rising oil prices.
- Opportunities: To realise cost savings and environmental benefits by minimising waste and encouraging occupiers and suppliers to manage waste in an environmentally responsible way.

View: Biodiversity

- Principal risk: Our activities leading to a decline in local biodiversity and subsequent delays to development projects.
- Opportunities: To safeguard and enhance biodiversity for environmental and social benefit, and to attract occupiers to our properties.