Corporate Governance
Our commitment to Social, Environmental and Corporate Governance
The ESG Wheel
The ESG Wheel consists of three main
sections; Environment, Social & Governance.
Our ESG wheel illustrates the critical areas we focus on:
Environment: We are dedicated to minimising our environmental impact through sustainable practices, reducing our carbon footprint, and promoting eco-friendly initiatives.
Social: We prioritise creating positive social impacts by fostering an inclusive workplace, supporting community development, and upholding high standards of social responsibility.
Governance: We ensure robust governance practices by maintaining transparency, ethical conduct, and accountability in all our operations, safeguarding the interests of our stakeholders and maintaining compliance with regulatory standards.
These pillars guide our actions and decisions, reflecting our commitment to building a sustainable future while operating with integrity and responsibility.
Environment
Carbon Emissions & Decarbonisation
- Technician’s vehicles are all low emission models
- Environmentally sensitive route planning
- Reduction in average fuel consumption
- Five EV charging stations installed in head office
- Ties with LivGreen – retrofit specialist
Waste & Hazardous Waste Management
- Use of Go Green Reports to track waste disposals from live projects
- 47% decrease in landfill waste in 2022
- As a registered waste contractor, obsolete waste equipment is disposed of correctly
Recycling
- 90% of Ventro’s onsite waste was recycled during 2021
Climate Impact
- Ventro 2050 net zero objective
- Staff are carbon-literate and are trained on climate change
Social
Diversity & Inclusion
- Fair and robust recruitment policies
- Support for equal staff opportunities
- Equality policy in place
Community Impact
- Driving a cultural change across the industry – “above compliance”
- Critical role for the wellbeing of the social housing sector
- Community relationships and engagement (resident engagement coffee mornings, resident liaison team)
Training Development
- Training and Investment in staff development and standards
- Competence and accreditations is critical in the context of the “building a Safer Future” Charter
Health & Safety
- Putting safety ahead of cost
- On-site health and safety protocols with incident reporting / monitoring measures
Supply Chain Management
- Supply chain vetted throughout procurement process
- All materials are sourced from local branches where possible
- Meet the buyer” mobilisation events
- Subcontractors are thoroughly vetted
Governance
Transparency & Reporting
- Publishing annual / bi-annual ESG strategy reports
- Visibility of data and KPIs
ESG KPI Monitoring
- Recycling % tracked at every site
- Future Net Zero Certified – Actively measuring and reducing our carbon footprint by 50% by 2030
Board & Management Composition
- Transparency: The board provides comprehensive information about their financial performance, strategies, and decision-making processes to stakeholders
- Accountability: Ventro have a clear accountability framework to hold executives and board members accountable for their actions and decisions
- Risk Management: Ventro have an effective risk management policy (COAP) in place that identify, assesses, and mitigates risks that could impact the company
Eco Funding for Home’s board is dedicated to upholding the highest standards of corporate governance. This includes ensuring full compliance with legal and regulatory obligations, maintaining accurate records, and fostering transparency and accountability throughout the organisation. Our commitment to these principles strengthens our responsible leadership and ethical business practices.
Eco Funding for Homes Corporate and Governance Objectives:
Legal Compliance: Ensuring full adherence to environmental and corporate regulations, including the Companies Act 2006.
Filing and Reporting: Accurate and timely submission of financial reports and sustainability disclosures.
Record Keeping: Meticulous maintenance of governance and sustainability-related documentation.
Financial Accountability: Transparent audit and up-to-date financial records to ensure responsible financial practices.
Stakeholder Engagement: Effective communication with shareholders, stakeholders, and communities.
Governance Standards: Compliance with the UK Corporate Governance Code and best practices in sustainable governance.
Ethical and Sustainable Conduct: Adhering to the Bribery Act 2010, safety standards, and environmental policies.
Data Privacy: Strict adherence to GDPR, the Data Protection Act 2018, and safeguarding of sensitive data.