Understanding our financial position
We publish our Financial Statement every financial year
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Our Corporate Plan
Our business is not about properties. It’s about the people who live in our homes and the communities they live in. We know how important it is that we listen to the feedback we receive from residents, our stakeholders, the agencies we work alongside, and our colleagues to make sure we can be the best we can be. That’s why, since the start of 2023, we’ve not just listened, we’ve acted. We’ve been working tirelessly to make some big changes to how we work, shifting the focus to a people first approach. We have a lot to do, but we’re confident that by getting back to basics and focusing on the people who live in our homes and on the people who work for our business, we’ll be able to deliver some amazing things over the next five years. It’s an exciting time for PA Housing, and the team here are all focused and determined to make sure that we’re always putting people first.
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Environmental, Social, Governance (ESG)
PA Housing is strongly committed to the principles of ESG and we're pleased to publish our Environmental, Social and Governance (‘ESG’) outturn report. The report covers activities in the financial year ended 31 March 2023 and it incorporates the ESG metrics included in the sector-wide Sustainability Reporting Standard for Social Housing, of which PA Housing is one of a number of housing association early adopters. The report also provides a general update on PA Housing’s ESG activities during the year.
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Our Sustainability Strategy
Our new Sustainability Strategy covers all areas of the business to deliver net zero-carbon homes and emissions before the government deadline in 2050. For our residents’ homes, we will align this with the stock reinvestment, building safety and development programmes. The built environment contributes around 40% of UK carbon emissions, so for us as a housing provider, there is a major challenge and cost ahead.
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Sustainable Finance Framework 2021
Framework core components The Framework aligns to the Social Bond Principles – June 2020 (“SBP”), the Sustainability Bond Guidelines – June 2018 (“SBG”), the Green Bond Principles – June 2018 (“GBP”) and the Green Loan Principles – December 2018 (“GLP”) as published by the International Capital Markets Association (“ICMA”) and Loan Market Association (LMA”) and uses the four core components of the principles as its basis, being: Use of Proceeds Process for Project Evaluation and Selection Management of Proceeds Reporting
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