Stock Market News
Great Portland launches new community strategy
Great Portland Estates announced the launch of its new community-focussed feel-good strategy on Thursday, titled 'creating sustainable relationships'.
The FTSE 250 firm said the strategy recognised the importance of its social impact, and the relationships that it needed to build to ensure the long-term success of the business.
Its board said the company had a long tradition of supporting local causes and donating to charitable organisations, and 'creating sustainable relationships' helped put its ambition in practice on issues that directly impacted London through specific initiatives.
The company was expanding educational opportunities and apprenticeships across its portfolio, increasing urban greening at its properties, and also measuring the social impact of its developments.
It also committed to work with Centrepoint as its corporate charity partner for the next three years.
Centrepoint supports more than 9,200 homeless young people a year - many of them within London - through the provision of accommodation, health support and life skills to get them back in education, training and employment;
Great Portland would also provide funding over the next three years to Groundwork London to install green screening around the perimeters of playgrounds in a number of London schools, in order to measure the impact on local air quality, and join the Wild West End initiative, which focuses on improving green infrastructure across London's West End.
"We believe that this strategy, coupled with our commitment to integrating the measurement of social impact through the design and construction of our buildings, will deliver lasting benefit for the communities in which we are working," said Great Portland Estates chief executive Toby Courtauld.
The FTSE 250 firm said the strategy recognised the importance of its social impact, and the relationships that it needed to build to ensure the long-term success of the business.
Its board said the company had a long tradition of supporting local causes and donating to charitable organisations, and 'creating sustainable relationships' helped put its ambition in practice on issues that directly impacted London through specific initiatives.
The company was expanding educational opportunities and apprenticeships across its portfolio, increasing urban greening at its properties, and also measuring the social impact of its developments.
It also committed to work with Centrepoint as its corporate charity partner for the next three years.
Centrepoint supports more than 9,200 homeless young people a year - many of them within London - through the provision of accommodation, health support and life skills to get them back in education, training and employment;
Great Portland would also provide funding over the next three years to Groundwork London to install green screening around the perimeters of playgrounds in a number of London schools, in order to measure the impact on local air quality, and join the Wild West End initiative, which focuses on improving green infrastructure across London's West End.
"We believe that this strategy, coupled with our commitment to integrating the measurement of social impact through the design and construction of our buildings, will deliver lasting benefit for the communities in which we are working," said Great Portland Estates chief executive Toby Courtauld.
Related share prices |
---|
Great Portland Estates (GPOR) share price |
Stock News headlines are gathered from financial news sources around the web. Views and opinions on each item are from their respective authors and website. They are not opinions of LiveCharts.co.uk
Get a free widget for your website with our latest headlines.
You can now add our live prices and new headlines to your website.The news widget features quotes for Oil prices, spot Gold price and Indices plus a choice of news channel for healines.
Top Shares pages
- Share price quotes
- Share charts
- Share watch list
- Company Results Calendar
- Top Large UK Shares
- UK Market Sectors
- Stock market news
- Company news
- Share tips
- A-Z company search
More share features
POPULAR Share Prices
- Royal Mail share price
- Lloyds share price
- HSBC share price
- Barclays share price
- Prudential share price
- Santander share price
- NEXT share price
- Diageo share price
- BP share price
- Vodafone share price
- British Airways
- Centrica share price
- Tesco share price
- Taylor Wimpey Share Price
- National Grid
- GKP Share Price
- Marks and Spencer
- Rolls Royce
- Rio Tinto
- THG Share Price
- Aviva Share Price
- Boil Share price
- Easyjet Share Price
- Genedrive Share Price
- SSE Share Price
- IAG Share Price
- Boohoo share price
- HE1 share price
- AVCT share price
- BOOM share price