Social Housing - Environmental Social and Governance (ESG)
- Riaz Afzal
- Jun 25, 2023
- 1 min read
ESG principles have a profound positive effect on both the residents and the broader community. Embracing ESG in social housing can drive positive change, foster community development, and contribute to the well-being of individuals and society as a whole.
Increasingly Both Housing Associations and Funders are recognising the importance of ESG.
Environmental :
Energy : solar panels, improving insulation and heat loss, low energy appliances
Water Conservation: Promoting water-efficient fixtures, rainwater harvesting systems, and education.
Waste Management: Recycling, waste reduction strategies
Sustainable materials:
Sustainable and construction materials.
Social
Affordability: reducing the inequality between the rich and poor, and the removal of chronic housing shortages in hotspot areas.
Community engagement:
involving those who may be affected by the decisions through a process of analysis, planning, communication, and implementation.
Health & Safety
Governance
Strong corporate governance is key to building a secure and sustainable foundation.
standards of leadership and control to help the board to define values by which the organisation will operate
Ethical practices
Stakeholder Engagmenent
Compliance & Regulations
Performance Monitoring
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