We are committed to engaging with our occupiers, shareholders, suppliers and wider community.
The Board acts to promote the long-term success of the business for the benefit of all our stakeholders. We have in place a framework for conducting business across the Group, in a way that makes a positive contribution to society while minimising any negative impact on people and the environment.
"Our Picton Promise is made up of five key commitments to our occupiers, including Action, Community, Technology, Support and Sustainability."
We work closely with our occupiers, shareholders and other stakeholders.
Our occupier focused approach ensures our sustainability focus extends beyond our assets, and to occupier agreements and engagement. Working with our occupiers is at the heart of what we do, both to understand their needs and meet their current and future requirements, and to work collaboratively to strive to reduce our environmental impact.
We continually look for ways to improve the experience that our occupiers have within our buildings.
The Picton Promise was created to bring together the five main commitments we make to our occupiers which cover: Action, Community, Technology, Support and Sustainability.
We have an occupier engagement programme in place which ensures regular and simple lines of communication, workspace in which our occupiers’ businesses can be successful, space which supports the wellbeing of our occupier’s employees and a proactive approach to sustainability.
We rely on the support of our shareholders and their views are important to us. We seek to actively engage with our shareholders and senior management hold regular meetings with shareholders and feedback from these meetings is also reported back to the Board. This feedback may be on operational matters, financing strategy or dividend policy, as examples. The Annual General Meeting also provides an opportunity for the Directors to meet with shareholders and to answer any questions they may have.
We are committed to supporting the local communities where we own buildings. We aim to continually be improving the impact of our buildings within local communities through not only providing space to local businesses, but also through the improvement of local areas and minimising the environmental impact of buildings themselves.
Our community and social value policy is founded on our core values and sets out our approach to community engagement, procurement, environmental stewardship, unbiased recruitment, and employee wellbeing within the context of community and societal value.
Our charitable giving policy aims to invest in our communities at grassroots level, to make a positive difference to the local areas in which we own property.
We seek to support charities who:
- Drive positive social change
- Respond to specific local needs
- Create a positive community impact
- Are committed to improving local areas
We continue to support a variety of charities, principally through The Funding Network, whose aim is to achieve long-term social change.
The Funding Network enables individuals to join together to support social change projects. They are the UK’s first public open giving forum and have been described as the ‘Dragons’ Den’ for charities. They have raised over £10 million for over 1,500 diverse local, national and international projects.
We also run an occupier led charitable matched giving initiative supporting all our occupiers in our portfolio in their local community based fundraising efforts.
Our employees are also encouraged to play a positive role in community activities through our charitable partnership with youth charity Coram.
Our team's individual charitable fundraising is also supported through our matched giving process.
We are committed to conducting our business in a fair and honest manner and ensuring our suppliers operate in an ethical way and share our business principles in observing relevant laws and regulations.
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 seek to maintain productive and long-term relationships with our business partners and suppliers and have a Supplier Code of Conduct in place to ensure our suppliers operate in an ethical way and share our business principles in observing relevant laws and regulations.
Our Supplier Code of Conduct is designed to promote safe and fair working conditions and the responsible management of social, ethical and environmental issues in our supply chain.
All suppliers have published or stated an approach which is consistent with our values.