Supporting sustainability in social housing
Rothesay has become an early adopter of the Sustainability Reporting Standard for Social Housing (“the Standard”)
The Standard will unlock ESG investment across the social housing sector by bringing together over 70 banks, investors and housing associations who have pledged their support. It is designed to increase transparency, consistency and comparability in reporting ESG performance by creating a common reporting standard agreed to by both lenders and investors.
The Standard is a voluntary reporting framework which covers 48 criteria across ESG considerations such as affordability, safety standards and zero carbon targets. Roll out of the Standard across the social housing sector will be governed by a new industry representative standards board, which will be operational next year.
Speaking about the Standard, Addy Loudiadis, CEO of Rothesay, said “As a leading UK lender in social housing, we are committed to supporting increased levels of sustainability performance across the sector. Clear and consistent reporting is vital in achieving this which is why we’re pleased to become an early adopter of the Standard. We will continue to champion its use across the whole sector.”
Further details of the Standard can be found here: www.esgsocialhousing.co.uk