Our ambitious plans for the future

Strategic Asset Management

Around 40% of the carbon emissions leading to global warming come from people’s homes*. 

Heating, hot water, lighting and household appliances all use energy – as well as the energy used in the materials and construction of homes. Most of this still comes from burning fossil fuels, which release damaging emissions into the atmosphere.

To improve homes for our customers and support the UK’s efforts to become net zero for carbon emissions, we’ve committed to all our properties meeting an Energy Performance Certificate (EPC) rating of C or above by 2035 and being net zero by 2050. 

Through our Homes & Place Standard we're now building ‘greener’ new homes which are net-zero ready and we're embarking on an ambitious programme to make sure that our existing homes are more energy-efficient and affordable, and that they support the health and wellbeing of customers.

Our Strategic Asset Management strategy sets out how we’ll achieve this for existing homes. One significant element will be retrofitting homes - installing lower energy heating systems and other measures to improve comfort levels for customers and reduce energy bills to help tackle fuel poverty. In March 2023 we were delighted to be awarded over £9m by the Social Housing Decarbonisation Fund (SHDF) towards our £22.5m improvement strategy - helping 1,000 more homes over the next two years. 

Where we can't improve homes in this way we may also look to sell some of them: reinvesting in those which we can improve. And we will look to regenerate some homes where there are opportunities to bring wider benefits to an area as well.

*Source: https://worldgbc.org/advancing-net-zero/embodied-carbon/

Watch the animation below to find out more about our Strategic Asset Management strategy.

Read a transcript of the Strategic Asset Management Strategy animation