Barratt achieves highest grade for climate disclosure from CDP – Show House

Barratt Developments has been recognised for its leadership in the transparency of reporting and performance on climate change by scoring an A with the leading global sustainability benchmark, CDP.
Barratt is the top-scoring company in the UK housebuilding sector across all three CDP submissions and is one of just 283 companies to receive the top grade, out of nearly 15,000 companies worldwide that were rated.
The CDP is an international organisation which encourages companies to measure and disclose their environmental information and holds the largest environmental database in the world. Its scoring system is widely used to drive investment and procurement decisions towards a zero-carbon, sustainable and resilient economy.
Barratt’s CDP score provides a snapshot of a company’s disclosure and environmental performance, allocating a score of A to D- based on the comprehensiveness of disclosure, governance, awareness and management of environmental risks and demonstration of best practices.  For climate, the European regional average was B and for the global construction sector it was C.
Barratt has demonstrated its commitment to using resources responsibly, building resilient, low-carbon homes, and creating places where people and nature can thrive. It was the first national housebuilder to implement science-based carbon emission targets and will be a fully net zero business by 2040, with all of the homes it builds being zero carbon in use from 2030.
Assessing both water and timber risk management, the housebuilder has also been recognised through its performance on the forests and water disclosures. Both submissions received a Management B grade, shared with only 197 global companies for forests, and 537 for water. Barratt is one of only three UK construction companies reporting to CDP water.
Commenting on their climate A score, Bukky Bird, group sustainability director at Barratt Developments, said: “CDP is one of the most comprehensive and widely used frameworks, relied on by many of our stakeholders and investors. We know there is more to do, but we are delighted to be recognised for our leadership disclosure on climate risks and opportunities. Our performance within CDP helps underline our commitment to our sustainability objectives and our position as the leading national sustainable housebuilder.”
Dexter Galvin, global director of corporations and supply chains at CDP, said: “Congratulations to all the companies on this year’s A List; environmental transparency is the first vital step towards a net-zero and nature-positive future. In a year of ever-increasing environmental concerns around the world – from extreme weather to unprecedented losses to nature – the need for transformational, urgent and collaborative change is more critical than ever. As CDP continues to raise the bar on what qualifies as climate, forests and water leadership, we hope to see the ambitions and actions of companies on the A List – and those wanting a place on it – do the same”.
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