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29/11/2023

Choice Housing Adopts SRS Framework

Choice Housing has become one of the first housing associations to adopt the voluntary Sustainability Reporting Standard (SRS) Framework.

SRS covers 48 criteria across Environmental, Social and Governance (ESG), including affordability, carbon emission and energy efficiency, safety, equality, resident voice, and diversity and inclusion.

Launched in June last year, this is the third edition of the ESG Series from Choice and is the first to

officially adopt the Sustainability Reporting Standards. This publication highlights the association's commitment to making a positive contribution to both environmental and social change.

The commencement of 'Green Space' projects is one of the environmental initiatives explored in the publication. Part of Choice's new Sustainability and Energy Strategy, these allow it to continue to develop its relationship with local authorities and also improve biodiversity in those communities it serves.

The 22 page paper provides information on Choice's strategy to actively manage and reduce all pollutants. It provides tenants with guidance around correct ventilation, heating, and recycling as well as providing Choice's recent energy efficiency actions it has undertaken.

The report also explores how Choice, through its social commitments and community investment, has partnered with Groundwork NI to deliver services and support across the province by delivering six 'Pop-up and Grow' workshops across the Choice Community Network.

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In this section a total of 13 areas are explored including how tenants' feedback is collected and used to improve services, how Resident Satisfaction is measured and the fact that no complaints made to the Housing Ombudsman Service in the period covered by the report have been upheld.

Lawrence Jackson, the Group Director of Corporate Services at Choice Group, said: "Our Environmental, Social and Governance (ESG) reporting not only measures our performance against set industry led goals, but it is a clear pathway to how we can minimise our impact on the environment, deliver social value, and support thriving sustainable communities.

"Our commitments to ESG is measured against the Sustainability Reporting Standard. It sets out key criteria for reporting and allows for a common framework to be used right across the sector.

"This facilitates an industry consensus around measuring and evaluating the contributions made by housing associations, and raising awareness of the important work the sector does."

Choice Housing has agreed to sign up to ba adopter of SRS which will encourage other organisations to adopt the Standard and provide suitable feedback on the framework to facilitate improvements.

Brendan Sarsfield, Chair of Sustainability for Housing (SfH) said: "It is a pleasure to welcome Choice to our growing community of more than one hundred housing providers and thirty-six investors and lenders, which comes just as we have updated the reporting standard to reflect the needs of the sector and its funders, along with the fast-moving ESG regulatory and reporting landscape.

"The decision by Choice to adopt the Standard demonstrates the power and value of a sustainability disclosure framework that has been created by social housing providers and their funders to help reflect the particular needs of the sector and reduce the burden of ESG-related reporting and disclosure.

"Housing associations come in lots of shapes and sizes, but they all share that inherent commitment to social purpose, delivering much-needed housing and services to people and communities. Their ESG credentials are built into their ethos and business model, which is why they are so attractive to funders making ESG-focused investments."

Across Northern Ireland's 11 council areas, Choice Housing currently provides more than 12,000 homes including supported and sheltered living accommodation, to general needs housing.

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