GPE Launches New Social Impact Strategy
Why we think this is neutral
This RNS announcement does not contain any of the mandatory news types that would require a more detailed analysis. It appears to be a general company update on the launch of a new social impact strategy, which does not have a significant impact on the company's financial performance or outlook.
Key Points
- GPE has created almost £4 million of social value since the launch of its original strategy
- The updated strategy will increase the company's focus and impact in areas such as supporting improved long-term employment opportunities and the delivery of healthier, greener spaces
- GPE will measure success through the outcomes it creates, including long-term employment opportunities, biodiversity created, and the increase in suppliers incorporating social impact key performance indicators
Summary
The property investment company has launched version 2.0 of its Social Impact Strategy, focusing on promoting inclusive communities, delivering healthier and greener spaces, and nurturing strong partnerships.
Great Portland Estates plc (GPE) has launched version 2.0 of its Social Impact Strategy, "A Fairer Future for London", three years after the launch of the business' original strategy. The updated approach increases GPE's focus on the themes where the business can deliver the most meaningful change, including promoting inclusive communities, delivering healthier and greener spaces, and nurturing strong partnerships.
GENERAL UPDATE