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contact@ellandi.com
ESG
We’re not fans of the term ESG. It’s not a bolt-on consideration or a box to be ticked: environmental and social responsibility should be a consideration that runs seamlessly through everyone’s business practices. We also believe that our environmental and social commitment should mean more than reducing the negative impacts of our business: it should mean targeting net positive impact.
With the built environment accounting for an estimated 45% of the UK’s total carbon emissions, we believe there is no option but to find better ways of doing business for both the planet and people. We seek out partners, programmes and practices that will create this change – from the way we manage our portfolio to the organisations we support with our fundraising.
Everything we do creates an impact on the communities we serve; we are conscious of this responsibility, for better or worse.
We drive investment, resources and expertise to transform town centres and regenerate distressed retail that can’t evolve without intervention. We help build business cases to secure public funding for the towns that need it most, and we’re in active discussions with some of the UK’s most pioneering social impact investors to deploy capital.
We regenerate spaces to realise their full potential, creating amenity and an environment that provides solutions to the social challenges communities face, whether through employment skills, education, health outcomes or reducing anti-social behaviour. Across our portfolio, we work with over 70 community organisations and support their outreach activities.
Ellandi has joined a global community of over 6,000 businesses who have certified as B Corps.
Accreditation demonstrates that our business meets high, verified, social, environmental, public transparency and legal accountability standards and that we balance profit and purpose. It also represents a commitment to year-on-year improvement in these practices.
As part of our journey, we’ve legally changed our business governance to make us as responsible to our planet and communities as our shareholders. B-Corps certification is a commitment we look for in the organisations we partner with – over half of our suppliers are already accredited.
We’re incredibly proud to share our first impact report which includes reflections from the team, lessons we’ve learnt, and what’s next.
Some of the our vision board members share the stories that sit alongside our report.
Ellandi was founded during the challenges of 2008, recognising that traditional practices no longer worked for investors and communities; we built a purposeful business rooted in our four values. In 2019 we went further and committed to an inspiring vision to create the UK’s most sustainable and inclusive communities.
Sustainable for the environment and sustainable as a place which can attract investment and thrive in the long term for all who use it.
Inclusive for everyone from every age group and background, but also creating new partnerships and ways of working collaboratively.
To keep us accountable, we have a Vision Board comprising members from across the business representing every level of seniority and service line.
Our Vision Board meetings take place monthly, and the entire business is invited to attend.
Our Vision initiatives are run as projects with timelines, governance and tailored teams to focus on momentum and outputs. Anyone across the business can suggest an idea for an initiative or volunteer to be part of the project team that delivers it.
The
Chair of the Vision Board holds a permanent seat on the Operations Board to challenge our business decisions from a vision and values perspective.
Our current Vision Board projects include:
Ruth Moorhouse
Chair of the Vision Board
Through investment, regeneration and repurposing space based on what a community needs, we turn our assets into catalysts for social change, and deliver sustainable investment returns. To create genuine change, we’ve been looking for ways to quantify social impact in the same way we quantify and analyse financial performance.
We’re partnering with Social Value Portal, an organisation that supports businesses with embedding social value across all of their business activities. Using RESVI, their nationally approved method for measuring social value, we are in the final stages of creating a proprietary approach to implementing step change in communities, launching later this year.
We have signed up as inaugural members of ‘Get Nature Positive’ – an organisation committed to creating environmental champions within the business community. It helps businesses prepare plans to commit to goals and metrics on managing their activity to reverse the decline of nature.
Since joining, all of our centre teams have committed to introducing new environmental initiatives in their centres. Across our portfolio, we showcase how community shopping centres can enhance nature and actively contribute to the wellbeing of all parts of society. By reimagining the environments in and around our town centres, we can help create a connection between our communities and the natural world we all share, inspiring others to take positive action of their own.
Over the coming months, our teams will have delivered initiatives that reduce water and energy consumption, encourage clothes and bottle recycling, and promote biodiversity of wildlife and birds with initiatives that bring bees, plants, trees and green spaces to our centres.
Our Get Nature Positive Changes so far