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Environmental, Social and Governance (ESG)

As an AIM listed business, Springfield Properties plc has mature governance across the whole spectrum of its operations. Governance is a crucial part of our approach to ESG, this ensures continued commitment to our strategic objectives through everything we do. 


ESG Committee

An ESG Committee was formed in August 2022. The Chief Executive leads the Committee which meets quarterly and reports to the PLC Board. Our Non-Executive Director designated for ESG and Group Directors from Safety, Health, Environment and Quality (SHEQ), Human Resources (HR) and Corporate Communications make up the membership.

The ESG Committee oversees delivery of our strategic objectives on ESG reviewing progress and identifying risks against the more detailed ESG plan. The ESG Committee feeds into our PLC Board with a report at each Board meeting. Within the Governance Structure, our Group Directors own objectives which they deliver for the business and report on operationally as well as through the ESG Committee.

The Committee also oversees the monitoring of performance against the following KPIs:

  • Waste diverted from landfill
  • Average SAP rating for EPC
  • Direct carbon emissions
  • Biodiversity net gain
  • Electric vehicles in fleet
  • Homes with zero fossil fuels
  • Customer satisfaction
  • Employee training
  • Apprenticeship numbers
  • Accident Incidence Rate

Employee Engagement on ESG 

With looking after people and the environment rooted into our culture at Springfield, regular communications to employees reinforce our commitment to sustainability and how we support customers, employees and people living in the communities in which we build.  For example we recently wrote out to employees to encourage them to help capture innovation on our sites to ensure we are learning from processes and products being trialled to help protect the environment.  

Megan Ashleigh and Karen

Our intranet is used to communicate related good news stories and to ensure progress against strategic ESG objectives filters through all levels of the business. Our ‘Green Ideas’ scheme is also in place within our intranet to encourage all employees to come up with new ideas to cut carbon. 

Taskforce on Climate-Related Financial Disclosures (TCFD)

We made our first TCFD compliant disclosure within our 31 May 2023 Annual Report and Accounts. We disclosed the steps we have taken to incorporate climate-related risks and opportunities into our risk management and strategic planning processes. It provides information on four elements of our organisation’s operations, namely governance, strategy, risk management and metrics / targets. 

TCFD logo 2

Streamlined Energy and Carbon Reporting (SECR)

Each year we undertake an assessment through SECR and share the results in our Annual Report. We work with an external specialist to ensure the accuracy of our results which are audited as part of our annual reporting process.