Corporate Responsibility

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.

At Bellway, the term Corporate Responsibility describes how we manage the environmental, social and economic effects of our business and how these affect 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.
• Engage and respond to stakeholders, including shareholders, employees, customers, government and communities that we affect.
• Comply with all relevant legislation as a minimum standard.
• Work towards recognised good practice in sustainability and corporate responsibility.
• Treat all employees fairly and invest in training for the long-term to bring out the best in our people.
• Provide a healthy and safe environment in which to work through an effective health and 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 the social and environmental effects of the homes we develop and communities that we create.
• 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 advises the Board on all corporate responsibility matters.
• The Chief Executive is supported by the CSR Group.  The CSR Group consists of seven members of Head Office staff and meets regularly to monitor and evaluate CSR performance, establish areas of best practice, and circulate information throughout the Bellway Group. 
• The financial directors or managers of each regional division are responsible for implementation and reporting on 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 and safety and wood procurement, but has been developed to work in conjunction with them. All policies are available on the Bellway website www.bellway.co.uk and are reviewed annually.