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Corporate Responsibility Policy  
 

Bellway believes that its reputation is critical to the creation of long-term value for its shareholders. We recognise that financial success is reinforced by our behaviour beyond the balance sheet. Protecting and enhancing our reputation and social licence to operate is a significant element of sustained financial success.

Corporate responsibility involves action being taken by the Group which positively affects our employees, customers, shareholders, suppliers, the communities where we work and the environment that we operate in, and goes beyond our legal or regulatory obligations. This policy sets out how we will operate and drives the Group’s corporate responsibility activity. Through Bellway’s commitment to corporate responsibility we will:

  • Engage and respond to stakeholders, including shareholders, employees, customers, governments and communities that we influence;
  • Comply with all relevant legislation as a minimum standard; 
  • Work towards recognised good practice in sustainability and corporate responsibility;
  • Engage and respond to External Stakeholders;
  • Provide a healthy and safe environment in which to work through an effective health & safety  management system; 
  • Demonstrate continual improvement in our approach to sustainable developments (in both design and  practice).
  • Recognise and respond to the challenges and opportunities that are presented by climate change;
  • Invest in the communities we develop in a way that contributes to local community needs;
  • Manage our environmental footprint and aim to enhance our performance in areas where we operate, particularly in relation to energy and waste;
  • Consider and respond to social and environmental impacts of the homes and communities that we develop;
  • Improve internal and external awareness of our corporate responsibility programmes and initiatives; 
  • Report regularly to the Board and external stakeholders on performance using sustainability indicators.
The following structure has been put in place to achieve these commitments:
 
  • The Chief Executive is responsible for this policy and advising the Board on all corporate responsibility matters; 
  • The Chief Executive is supported by the Sustainability Management Working Group including senior  members from across Bellway who are responsible for the development and review of this policy; 
  • The financial directors of each regional division are responsible for implementation and reporting on its performance.  Bellway is committed to reporting annually on its approach to corporate responsibility and has established key performance indicators to enable others to judge our performance. This policy does not replace existing policies on environment, health & safety, and wood procurement, but has been developed to work with them. All policies are available on the Bellway website www.bellway.co.uk and are reviewed annually.
 
Reviewed and updated 16th october 2007