Clarion Funding plc

30^th October 2020

Clarion publishes first report on Environmental, Social and Governance performance

Clarion Housing Group has released its first ever Environmental, Social and Governance (ESG) report , to inform stakeholders about work across the organisation and to help encourage a commitment to sustainability across the housing sector.

The ESG report looks at a range of indicators - from the energy efficiency of homes to the size of the gender pay gap - to outline performance in these areas as part of a wider sustainability agenda.

The report details the ESG impact delivered by Clarion, benchmarked against criteria under a new Sustainability Reporting Standard for Social Housing that it helped develop along with The Good Economy.

Clarion is working to enhance the health and wellbeing of all its residents, with £150 million invested in supporting people and communities over the next decade, which is set to generate over £1 billion in social value.

The Group has also introduced retrofit measures in its planned investment programme to ensure all its homes achieve at least a minimum D rating by 2025 and has almost halved its properties that are below EPC D since 2018.

Clarion's Group Chief Executive, Clare Miller, said :

"As a social landlord, Clarion has an integral role to play as stewards in our communities. Many of our residents live in Clarion homes for decades, so we know the importance of environmental and social investment that will help them to thrive over the long-term.

I am pleased to have published our first ever ESG report and determined that we will continue to make progress on this agenda every year, by holding ourselves accountable for delivering sustainable change."

Ends

For more information, contact: Lucy Pond, communications manager, 0207 378 5555 / lucy.pond@clarionhg.com