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Leadership and Purpose / Continued
Engagement with stakeholders We believe that taking into account the views of our key stakeholders is critical to the long-term success of the business. We engage with all of our stakeholders to understand what is important to them. The following table sets out our key stakeholders and why and how we effectively engage with them. Our Section 172 Statement for the year ended 31 March 2024 is available on the previous pages and sets out how some of the key decisions made by the Board during the year were guided by stakeholder engagement.
Stakeholders and what is important to them
Why we engage
Our people / Fair and equal treatment / Career development / Fair pay and conditions / Good work/life balance / Positive work culture and values Local communities and charities / Local employment opportunities / Positive contribution to local economy / Safe and clean environment Our occupiers / Cost-effective space suited to their needs / Fair lease terms / Well-managed, efficiently run and sustainable buildings / Good relationships
We seek our employees’ views on our working arrangements and practices, our purpose, values and activities, which all support our continued strong and open culture.
We seek to inform our social value related activity which aims to deliver positive social outcomes and enhanced wellbeing for the communities and charities located near our assets.
We are occupier focused in our approach and aim to understand our occupiers’ evolving requirements to continually improve their occupier experience and create spaces in which they will succeed.
Our investors / Clear strategy / Regular dividends
Engaging with our investors helps to inform our strategic decision making, communicate clearly and report on both our financial and sustainability performance.
/ Financial performance / Clear and transparent reporting
Suppliers / Prompt payment
Engaging with our suppliers ensures we are operating in an ethical way in accordance with relevant laws and regulations and in line with our own business principles.
/ Fair terms of business / Long-term relationships
Picton Property Income Limited / Annual Report 2024 92
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