GRI Index 2016 GRI Index/media/Files/B/British-Land-V2/docume… · GRI Index 2016 GRI Profile These General Standard Disclosures provide the overall context for understanding our

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GRI Index 2016

GRI Index

We have reported in accordance with the Global Reporting Initiative (GRI)

since 2010.

Here we are pleased to set out how our 2016 sustainability reporting aligns with the Global Reporting

Initiative's G4 Core Option Guidelines and GRI Construction and Real Estate Sector Disclosures

document. We have cross-referenced our sustainability reporting to the guidelines under the headings:

Profile: General Standard Disclosures

Management Approach: Specific Standard Disclosures Part 1

Performance Indicators: Specific Standard Disclosures Part 2

References are available from the following web links:

Annual Report and Accounts 2016 – abbreviation ARA

Sustainability Accounts 2016 – abbreviation DATA

Sustainability Update 2016 – abbreviation UPDATE

British Land Website – abbreviation WEB

http://www.britishlandcrreports.co.uk/fdr2015/gri-index/gri-profile/

http://www.britishlandcrreports.co.uk/fdr2015/gri-index/gri-management-approach/

http://www.britishlandcrreports.co.uk/fdr2015/gri-index/gri-performance-indicators/

http://www.britishland.com/annualreport


http://www.britishland.com/data


http://www.britishland.com/sustainabilityreport

http://www.britishland.com/sustainability/reports-and-publications/2016.aspx


http://www.britishland.com/sustainability

http://www.britishland.com/sustainability.aspx

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GRI Index 2016

GRI Profile

These General Standard Disclosures provide the overall context for understanding our performance

including our strategy, profile and governance.

Strategy and analysis Disclosure Reported Cross reference/Direct answer

G4-1 Fully WEB / Sustainability

- Targets and performance: UN Global Compact Update 2016

G4-2 Fully DATA

- Performance data

WEB / Sustainability

- Strategy: Wellbeing; Community; Future proofing; Skills and opportunity; Materiality

- Targets and performance: Performance overview; Targets and innovation projects

- Governance and policies: Governance; Policies

Organisational profile

Disclosure Reported Cross reference/Direct answer

G4-3 Fully The British Land Company PLC

G4-4 Fully ARA

- Pages: 2, 3

G4-5 Fully York House, 45 Seymour Street, London, W1H 7LX

G4-6 Fully DATA

- Reporting Criteria

G4-7 Fully ARA

- Page: 53

G4-8 Fully ARA

- Pages: 2-3, 36-39

G4-9 Fully ARA

- Pages: 2, 21, 23, 36-37, 39, 49-53, 122-126

G4-10 Partially DATA

- Performance data: Figures 61, 65

Supplementary direct answer: We report on our employees; we do not consider it applicable to report

on this indicator for supervised workers or independent contractors.

G4-11 Fully Direct answer: The proportion of our employees covered by a collective bargaining agreement is 0%.

G4-12 Fully DATA

- Performance data: Figures 56-57


- Governance and policies: Suppliers

G4-13 Fully This year, we completed divestment of European assets and furthered a shift towards ownership of

assets in tune with modern lifestyles. We also expanded the remit of our independently operating

subsidiary Broadgate Estates, which has long provided property management services across our

office assets, to cover our retail assets as well.


- Strategy: Materiality


- Targets and performance: Sustainability indices; GRI Index 2016; UN Global Compact Update

2016

- Governance and policies: External standards and commitments














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GRI Index 2016




- Governance and policies: External standards and commitments

Identified material aspects and boundaries


G4-17 Fully ARA

- Pages: 2-3, 122-183



G4-18

G4-19

G4-20

G4-21

Fully WEB / Sustainability


G4-22

G4-23

Fully DATA


Stakeholder engagement


G4-24

G4-25





- Governance and policies: Governance



- Reports and publications: 2014; 2013

Report profile


G4-28 Fully Fiscal year 1 April 2015 to 31 March 2016

G4-29 Fully June 2015

G4-30 Fully Annual, in line with our Annual Report and Accounts

G4-31 Fully Sarah Cary, Head of Sustainable Places

E. [email protected] T. +44 (0) 20 7467 3380

G4-32 Fully This GRI Content Index for ‘In accordance’ – Core

G4-33 Fully DATA

- Performance data

- Independent assurance

UPDATE

- Page: 12


- Reports and publications

- Governance and policies: Governance

Governance


G4-34 Fully ARA

- Pages: 72-79, 84-85









mailto:[email protected]





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GRI Index 2016

Ethics and integrity


G4-56 Fully ARA

- Pages: 7, 18, 22, 57, 77-78

WEB / About us

- Our people


- Governance and policies: Policies; Employees


http://www.britishland.com/about-us


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GRI Index 2016

GRI Management Approach

These Disclosures on Management Approach explain how we manage the material sustainability issues

reported in the Performance Indicators section.

Economic

G4 DMA Aspects Reported Cross reference/Direct answer

Economic

performance

Fully ARA

- Pages: 2, 25, 36-39, 49-53, 57-63, 78, 86-110, 122-136

DATA

- Performance data: Figures 10-11, 13-14


- Strategy: Community; Skills and opportunity; Future proofing

- Reports and publications: 2015 – Carbon Disclosure Project (CDP) Report 2015 (Sections

5 and 6)

Indirect economic

impacts

Fully ARA

- Pages: 23, 24-25, 28-35

DATA

- Performance data: Figures 11-14, 55

- Reporting criteria


- Stories: Social

- Strategy: Community; Skills and opportunity; Materiality




Procurement

practices

Fully DATA






- Governance and policies: Governance; Policies; Suppliers

Environmental


Materials Fully DATA



- Strategy: Future proofing; Materiality



Energy Fully ARA

- Page: 48

DATA

- Performance data: Figures 18, 28-38



















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GRI Index 2016


Water Fully DATA

- Performance data: Figures 18, 39-44





Biodiversity Fully DATA



- Strategy: Wellbeing; Community; Future proofing; Materiality


Emissions Fully ARA

- Page: 48

DATA







Effluents and

waste

Fully DATA






Products and

services

Fully ARA

- Page: 48

DATA

- Performance data: Figures 3, 17, 20-50, 52


- Strategy: Wellbeing; Community; Future proofing; Materiality



Compliance Fully DATA

- Performance data: Figure 53




Transport Fully DATA




- Targets and performance: Performance overview


















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GRI Index 2016


Overall Fully DATA






Supplier

environmental

assessment

Fully DATA







Social: Human Rights


Non-discrimination Fully DATA


WEB / About us

- Our people


- Strategy: Skills and opportunity; Materiality


- Governance and policies: Governance; Employees

Freedom of

association and

collective

bargaining




- Governance and policies: Policies; Employees

Child labour

Forced or

compulsory labour

Fully DATA






Supplier human

rights assessment

Fully DATA







Human rights

grievance

mechanisms

Fully DATA




- Governance and policies: Governance; Policies; Employees; Suppliers















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GRI Index 2016

Social: Labour Practices and Decent Work


Employment Fully DATA



- Strategy: Wellbeing; Skills and opportunity; Materiality


- Governance and policies: Governance; Employees; Suppliers

Occupational

health and safety

Fully ARA

- Pages: 61, 72, 78

DATA


WEB / About us

- Governance: Structure & committees


- Strategy: Wellbeing; Materiality


- Governance and policies: External standards and commitments; Policies

Training and

education

Fully ARA

- Pages: 23, 76, 85

DATA






Diversity and equal

opportunity

Fully ARA

- Pages: 23, 38, 72-79, 84-85

DATA


WEB / About us

- Our people


- Strategy: Skills and opportunity



Equal

remuneration for

women and men

Fully DATA


WEB / About us

- Our people


- Targets and performance: Performance overview


















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GRI Index 2016


Supplier

assessment for

labour practices

Fully DATA







Social: Society


Local communities Partially DATA

- Performance data: Figures 13-14, 52, 55





Supplementary direct answer: We do not report information suggested in the aspect-specific

guidance; this is not relevant to our community engagement programme.

Anti-corruption Fully ARA

- Pages: 57-63, 72-79, 82-83, 112

DATA



WEB / About us

- Governance




- Governance and policies: Governance; Policies; Employees

Public policy Fully ARA

- Page: 78

WEB / About us

- Governance: Structure & committees



Anti-competitive

behaviour

Fully ARA

- Page: 22


- Governance and policies: Governance; Policies; Employees

Compliance Fully ARA

- Pages: 57-63

Supplier

assessment for

impacts on society

Fully DATA























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GRI Index 2016

Social: Product Responsibility


Customer health

and safety

Fully DATA



- Strategy: Wellbeing; Materiality



Product and

service labelling

Fully ARA

- Pages: 1, 21, 57-63

DATA



- Strategy: Wellbeing; Future proofing; Materiality



Compliance Fully ARA

- Pages: 57-63







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GRI Index 2016

GRI Performance Indicators

We have reported against 62 performance indicators including at least one indicator from each category.

For partial disclosures, where we meet some but not all of the GRI requirements, we have provided a

short commentary.

Economic

Performance Indicator Reported Cross reference/Direct answer

Economic

performance

EC1 Fully ARA

- Pages: 2, 25, 36-39, 49-53, 78, 86-110, 122-136

DATA


EC2 Fully ARA

- Pages: 57-63


- Strategy: Future proofing

- Reports and publications: 2015 – Carbon Disclosure Project (CDP) Report 2015

(Sections 5 and 6)

EC3 Fully ARA

- Pages: 134-136

Supplementary direct answer: 100% of eligible employees participate in our non-

contributory Defined Benefits scheme. 99% of eligible employees participate in our

non-contributory Defined Contribution scheme. All employees are eligible to join the

Defined Contribution scheme once they have completed three months’ continuous

service.

EC4 Fully Direct answer: In 2016, capital allowances were claimed totalling an estimated £43.1

million. This figure includes an estimate for qualifying expenditure on developments

completed in 2016.

Indirect

economic

impacts

EC7 Fully DATA



EC8 Fully DATA



- Stories: Social


- Reports and publications: 2015 – Meadowhall 2015 Review; 2014 – Regent's

Place at 30; 2013 – The Source 10 Year Review 2013

Procurement

practices

EC9 Fully DATA




- Governance and policies: Policies; Suppliers











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GRI Index 2016

Environmental


Materials EN2 Partially Direct answer: British Land encourages the use of recycled content in our

developments through our policies and promotion of industry best practice. For

example, BREEAM green building certifications award credits for use of recycled

content. As buildings are complex to construct and we outsource development activity

to external architects, project managers and contractors, we do not find it relevant to

weigh all materials purchased. The primary materials we use by weight are concrete,

steel and glass, for which the UK industry average recycled content is 30%, 60% and

10%, respectively. On our largest development project, 5 Broadgate, the external team

tracked recycled content using a UK industry standard WRAP Recycled Content

tracker. The building is calculated to comprise 38.64% recycled content by value.

As we are unable to report the proportion of recycled materials across our whole

developments programme, we have designated this indicator as ‘partially’ reported.

Energy EN3

EN4

Fully DATA


EN5 /

CRE1

Fully DATA


EN6

EN7

Fully DATA

- Performance data: Figures 18, 29-30, 32, 35-38


UPDATE

- Page: 8

Water EN8 Fully DATA

- Performance data: Figures 18, 39, 44

EN10 Fully DATA


CRE2 Fully DATA


Biodiversity EN12

EN13

Partially DATA


Supplementary direct answer EN12: We report on some of the direct and indirect

positive and negative impacts of our developments and managed properties, both in

terms of numbers of properties and through case studies. We do not report in detail on

the nature of the impacts in all circumstances.

Supplementary direct answer EN13: We report the size of habitat but not the location

or whether each initiative was assessed by independent external professionals. A

review in 2013 determined that it is not material to report on these aspects.

Emissions EN15 Fully DATA


EN16 Fully DATA


EN17 Fully DATA


EN18 /

CRE3

Fully DATA


EN19 Fully DATA


UPDATE

- Page: 8















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GRI Index 2016


Effluents and

waste

EN23 Partially DATA


Supplementary direct answer: We do not currently report managed hazardous waste

from our managed portfolio due to data collection challenges.

Land

degradation,

contamination

and

remediation

CRE5 Fully DATA


Products and

services

EN27 Fully DATA

- Performance data: Figures 3, 17, 20-50, 52


Compliance EN29 Fully DATA


Transport EN30 Partially DATA




Supplementary direct answer: We report on carbon emissions associated with on-site

vehicle use and business travel. We do not disclose specific information on mitigation

of these transport impacts. Importantly, transport emissions are small in scale (and

thus of relatively low significance) compared to emissions associated with visitors to

our assets and embodied carbon in materials used on our developments.

Overall EN31 Fully DATA


Supplementary direct answer: Figure 49 reports landfill tax costs associated with our

development activities. For managed portfolio activities, an estimated £11,000 in

landfill tax costs have been passed on to British Land and Broadgate Estates by landfill

site operators in 2015/16.

Supplier

Environmental

Assessment

EN33 Fully DATA



- Governance and policies: Policies

Social: Labour Practices and Decent Work


Employment LA1 Fully DATA


Occupational

health and

safety

LA6 Partially DATA


Supplementary direct answer: We do not consider it applicable to provide a breakdown

of types of injury for supervised workers or independent contractors.

CRE6 Fully WEB / Sustainability

- Strategy: Wellbeing

LA9 Fully DATA















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GRI Index 2016


Training and

education

LA10 Partially ARA

- Pages: 23, 76, 85


- Governance and policies: Employees

Supplementary direct answer: We report on skills management and lifelong learning

for employees. We do not report on the management of career endings.

Diversity and

equal

opportunity

LA12 Fully ARA

- Pages: 23, 84-85

DATA


Equal

remuneration

for women

and men

LA13 Fully DATA


Supplier

assessment

for labour

practices

LA15 Fully DATA




Social: Human Rights


Non-

discrimination

HR3 Fully DATA


Supplementary direct answer: There are no incidents to report. Should any incidents

be reported, we will review reporting this indicator broken down by disability, race and

sexual orientation.

Freedom of

association

and collective

bargaining

Child labour

Forced and

compulsory

labour

HR4

HR5

HR6


- Strategy: Skills and Opportunity; Materiality

Supplementary direct answer: This year, we updated our responsible supply chain

management risk assessment for all areas of our business, enabling us to identify

spend categories with key risks regarding labour issues.

- HR4: Freedom of association issues were included in the ‘Labour practices and

fair pay’ category. In our managed portfolio, the spend categories ‘security’,

‘cleaning’ and 'marketing and promotions' were again assessed as Red risk. We

also added ‘landscaping’ to Red risk, as incidents of forced labour in the UK

landscaping sector have been reported in the media. In our development portfolio,

several categories were identified as Amber risk. We now require stonework (an

identified risk area) from outside the EU to undergo thorough checks on labour

conditions at point of extraction and manufacture.

- HR5: No significant child labour risk was identified for our operations and tier 1

and 2 supply chain. Whilst building materials, uniforms and personal protective

equipment manufactured outside the EU have some child labour risk, we consider

the risk to be low for our supply chain, given the type and quantity of materials

likely to be procured outside the EU. One exception is stone from low-cost

markets. As a result, in our Materials Schedule we require the traceability of stone

and encourage the use of responsible sourcing standard BES6001, wherever

practical. This is built into our Sustainability Brief for Developments and Employer

Requirements (our contractual agreement with suppliers).

- HR6: The highest risk for forced or compulsory labour is considered to be in our

managed portfolio within the spend areas of ‘security’, ‘cleaning’, ‘marketing &

promotions’ and ‘landscaping’, which are typified by low wages, low skills and

significant numbers of employees.

In addition, this year we:










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GRI Index 2016

- Continued to roll out our Supply Chain Charter, which sets out our required

standards and actions. Our 2020 sustainability objectives include all tier 1

contracts being Supply Chain Charter compliant.

- Delivered training to key employees and selected external project managers

across our development portfolio.

- Introduced quarterly reporting on the number of new Red risk contracts across our

managed and developments portfolios. We also confirm that the supplier has

addressed these issues through our contracting process.

Download our risk assessment, Materials Schedule and Supply Chain Charter:

www.britishland.com/policies.

Supplier

human rights

assessment

HR11 Fully DATA




Human rights

grievance

mechanisms

HR12 Fully DATA


Supplementary direct answer: There are no grievances to report.

Social: Society


Local

communities

SO1 Partially DATA


Supplementary direct answer: We report on our community programme around the

UK; we do not report on impact assessments.

SO2 Fully DATA

- Performance data: Figures 13-14, 52, 55


- Stories: Social


- Governance and policies: Policies; Suppliers

CRE7 Fully Direct answer: No people were physically displaced in the reporting period.

Anti-corruption SO3 Partially Direct answer: Pages 58-61 of the ARA document present our significant Principal

Risks; none related to corruption have been identified.

SO4 Partially DATA


Supplementary direct answer: We report solely on the proportion of employees who

have received training on our anti-corruption policy and procedures.

SO5 Fully Direct answer: No incidents reported and therefore no actions to report.

Public policy SO6 Fully ARA

- Page: 78

Supplementary direct answer: There were no contributions.

Anti-

competitive

behaviour

SO7 Fully Direct answer: We have not been the subject of any legal actions for any anti-

competitive behaviour, anti-trust or monopoly practices.

Compliance SO8 Fully Direct answer: Zero fines and sanctions to report.

Supplier

assessment

for impacts on

society

SO10 Fully DATA




http://www.britishland.com/policies











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GRI Index 2016

Social: Product Responsibility


Customer

health and

safety

PR1 Fully Supplementary direct answer: Health and safety impacts are considered at each stage

of the property life cycle:

- New construction: Yes, 100%

- Management: Yes, 100%

- Development: Yes, 100%

PR2 Fully DATA


Product and

service

labelling

CRE8 Fully DATA


PR5 Fully ARA

- Pages: 1, 21

Compliance PR9 Fully Direct answer: We have identified no non-compliance with laws or regulations.




GRI Index 2016 GRI Index/media/Files/B/British-Land-V2/docume… · GRI Index 2016 GRI Profile These General Standard Disclosures provide the overall context for understanding our

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