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UK property development and investment company British Land has won gold in the Sustainability Awards 2012 of the European Public Real Estate Association (EPRA), it has been announced.
The company, which is based in London and is listed on the London Stock Exchange, was awarded gold in acknowledgement of the public reporting of its sustainability impact, including aspects of sustainability reflected in the company´s annual report.
In September 2011 EPRA presented its guidelines for businesses, called EPRA Sustainability Best Practice Recommendations, and British Land is one of the seven companies that were specifically singled out as meeting the standards set down.
EPRA recognised the successful performance of British Land in several aspects, including setting up a special website which provides information on its corporate responsibility and sustainability impact, with detailed data on key performance indicators, as well as achieving a notable 12% reduction in energy use across the business portfolio from the previous year.
According to Adrian Penfold, head of planning and corporate responsibility at British Land, the award is a great success for the company and is proof of its firm belief that communications and reporting are key to ensuring a continuous improvement in sustainability performance.
British Land said in a statement that the company has set the focus of its strategies for the next year on sustainable building development, building efficiency and support of communities.