
Ethical Property is based on the core values of fair and
transparent business practice, social and environmental
accountability, and encouraging progressive and innovative social
change.
Our performance is measured using a set of key indicators
covering every area in which we have a social, environmental or
financial impact. We set targets based on national standards,
wherever they exist, which call for improvement on our own results
year on year. For example, our targets for energy consumption and
carbon emissions are more demanding than the standards set by the
Building Research Establishment (BRE).Our Accounts are divided into
the following three areas:
Our environmental impact
We monitor and look to improve on energy and water use, travel to
work and waste management. We purchase as many of our products and
services as possible from ethical sources and are always looking at
new ways to improve the energy efficiency of our existing
buildings. Our new centres are constructed or renovated to
exacting environmental standards, typically higher than those set
by government.
Our social impact
We let our properties only to organisations with a strong ethical
purpose. We manage our properties according to social and
environmental principles as detailed in our Code of Practice. Each
year we send all of our tenants a questionnaire allowing them to
score and comment on our performance, and this data is used to
inform decisions made on centre practices in the coming year.
We actively ensure our buildings are accessible to all, and work to
ensure that materials purchased are from ethical sources. To
the best of our knowledge, we will not work with suppliers or
companies who directly or indirectly exploit or exclude members of
society.
Our finances
Ethical Property is financed through the purchase of shares and by
loans and agreements with Triodos Bank. With each issue of
new shares we have increased our portfolio, allowing more
organisations working towards social change to maintain and
increase their operations. We paid our investors a dividend
every year since 2000.
Our full accounts are published annually, and can be downloaded
from our Accounts
history.
“As one of the principal funders of charities that empower the
poor of London, we know that too many of them are based in dingy
and tatty offices. The Ethical Property Company gives these
charities the chance to occupy the quality of premises they
deserve, as well as taking care of their property needs, so they
can concentrate on tackling poverty and its root causes.”
Bharat Metha, Chief Executive, City Parochial
Foundation