Engaging with all our stakeholders
The Board is responsible for setting the guiding principles of the Group including leading on environmental, social and corporate governance. We aim to be transparent in our approach to performance reporting and to ensure stakeholder engagement.
As owners of Picton we rely on the support of our shareholders and their views are important to us. The long-term success of the business will deliver value for shareholders. Senior management hold regular meetings with shareholders and feedback from these meetings is reported back to the Board. This feedback may be on operational matters, financing strategy or dividend policy, as examples. The Directors normally attend the Annual General Meeting to meet with shareholders and to answer any questions they may have.
One of our key strategic priorities is to work closely with our occupiers, so that we can understand their needs and aim to meet their current and future requirements.
The Board has delegated responsibility for engaging with occupiers to the asset management team, who have ongoing communication with occupiers, and use this information when making proposals to the Board on investment transactions, such as refurbishment projects or leasing events.
We are always seeking to improve our occupiers’ experience, which is why we created the Picton Promise: five key commitments that underpin every aspect of the occupier experience we provide and how we engage with our occupiers.
We value the contributions made by the whole Picton team, with a strong and open company culture that was co-created by our employees. We aim to have a positive business environment consistent with our values, with equal opportunities for all. All of our employees share in the success of Picton through participation in the Long-term Incentive Plan and Deferred Bonus Plan. One of our Non-Executive Directors, Maria Bentley, has responsibility for employee engagement, taking into consideration the views of the team and reporting these back to rest of the Board.
Local communities and environment
We are committed to improving the impact of our buildings on local communities, whether providing space to local businesses, improvement of local areas or minimising the environmental impact of buildings themselves.
We also support local communities through our occupier led charitable matched giving initiative.
The Board has established a Responsibility Committee, which is chaired by one of the Executive Directors, to lead on sustainability initiatives and ensure the environment is considered within key business activities.
We are fundamentally committed to ensuring that there is no slavery or human trafficking in our supply chains or in any part of our business. We work with suppliers who share our commitment to these values. View our Modern Slavery Statement.