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Stakeholder Engagement / Continued
Community and social value As a responsible owner of commercial property, we are committed to maximising the social value we deliver to our stakeholders, communities, and wider society. We acknowledge the importance of social responsibility and our role in providing places which improve quality of life, enhance wellbeing, and generate a positive social outcome, whilst minimising any negative impacts our buildings have on society and the environment. We recognise that we are a small
Supporting growth of responsible business
This year, we created a Social Value Framework, aligned with the Better Buildings Partnership and UK Green Building Council’s guidance. Under the following four themes of employment and skills, supporting growth of responsible business, healthier, safer and more resilient communities, and decarbonisation and protecting habitats, the framework outlines our objectives and how progress is measured. Employment and skills / We provide training opportunities and career progression for all our employees, remaining committed to developing our talent pipeline and enabling all our employees to reach their full potential and career goals / On average, 1.9% of employees’ time was spent training in the year to March 2024 / The majority of the team have completed the BBP Sustainability for Real Estate Professionals course / Two of the team have completed the University of Cambridge Certificate in Business and Climate Change Towards Net Zero Emissions / Through our partnership with Coram, we continue to offer young people from their Young Citizen programme opportunities to take part in work experience, CV workshops and mentoring
/ We support local economies through creating employment opportunities in our buildings and local communities
/ We continue to procure goods and services locally where possible, through transparent, ethical and sustainable supply chains / We ensure that our suppliers adhere to our Supplier Code of Conduct / We promote health and wellness initiatives across our team and to our occupiers through occupier apps and various on-site events / We have established partnerships with national and local charities / We support local and national charities within our communities as set out in our Charitable Giving Policy / We continue to be a member of The Fostering Network’s Fostering Friendly Employers scheme / Our occupier led charity matched giving initiative continues to support occupiers within our portfolio in their local community-based fundraising efforts
team, however through our relationships with suppliers, contractors, and occupiers we have the capacity to indirectly have a wider influence. Community engagement programme
Building coverage (assets)
Site type
Office
100% 100% 100%
Retail, High Street Retail, Warehouse
Industrial, Business Parks 100% Industrial, Distribution Warehouse 100% Hotel 100%
Picton Property Income Limited / Annual Report 2024 74
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