The British Land Company is one of Europe’s largest publicly-listed real estate investment trusts. The company owns, manages and develops a portfolio of properties focused on offices and residences in London as well as retail and leisure around the United Kingdom. British Land owns and operates approximately 29 million square feet in floor space and has more than 1,200 tenants.
The British Land Company operates while creating positive environmental and social outcomes. In addition to increasing on-site renewable energy generation within its portfolio, the company has set 2020 goals to reduce its energy and carbon intensities by 55%, achieve Excellent or Very Good Building Research Establishment Environmental Assessment Method(BREEAM) ratings for 100% of its office developments and to divert 100% of waste from landfill. Additionally, British Land tracks and discloses detailed information on all of its key performance indicators and has commitments to decrease each one. The company works to provide safe and healthy environments for workers and is in the midst of developing performance metrics to measure employee well being in its office and retail portfolios. British Land is also committed to contributing positively to surrounding economies through local procurement and employment and has partnered with tenants and suppliers to establish fair working practices. The company gives back to local communities, too. In a recent year, 84% of British Land’s employees participated in community projects, the company donated nearly $2 million and 29,500 people benefited from its community program.
The British Land Company’s Board of Directors, Executive Committee and general leadership lack racial diversity.
Industry: Equity Real Estate Investment Trusts
Country: United Kingdom
To the best of our knowledge the above information is accurate and was obtained from sources we believe to be reliable. Neither the information presented above nor any opinion expressed shall be construed as an offer to sell or a solicitation to buy the security. The views expressed are those of portfolio management as of 9/30/17 and may not reflect current opinions or subsequent events.