Better Health for All

Crest Nicholson's core business of building homes has no significant positive or negative health impact. The company generates no revenue from products with direct health impacts or addiction potential, and does not engage in pharmaceutical, clinical trial, or food-related activities. Regarding health externalities, the company has reduced its total Scope 1, 2, and 3 greenhouse gas emissions by approximately 40% from 686,835 tCO2e in 2019 to 409,450 tCO2e in 2024.

It also assesses and models overheating risk in all homes during the design stage, acknowledging its potential to negatively affect customer comfort, air quality, and health, and incorporates mitigation measures. The company had no significant environmental fines or penalties from 2020 to 2024. For risk transparency, Crest Nicholson discloses overheating risk and its potential health impacts, managing these and other climate-related risks through a system where risks are scored based on likelihood and consequence.

Fair Pay & Worker Respect

Crest Nicholson reported a CEO to median employee pay ratio of 16:1.

The company's employee engagement score was 83% in 2022. Voluntary employee turnover was 22% in 2024. For the most recent year, there were no reported cases of modern slavery, no substantiated grievances related to human rights, and no health and safety prosecutions, prohibition, or improvement notices.

Fair Trade & Ethical Sourcing

The company maintains a zero-tolerance approach to modern slavery, forced labour, and child labour

, reporting no cases of modern slavery in 2024. Additionally, 23% of the procurement spend in 2020 was directed to suppliers within 20 miles of site operations.

Honest & Fair Business

Crest Nicholson Operations Ltd was fined over £1,300 in June 2023 for breaching planning permission conditions related to working hours, to which the company pleaded guilty.

The company restated its FY 2024 financials due to a margin issue that overstated profit between FY 2022 and FY 2024. Additionally, the current year consolidated income statement and completed site accruals were re-presented with comparators, and the previous year’s completed sites charge was re-presented due to a revised accounting policy. Crest Nicholson has a documented Anti-Bribery and Corruption Policy, updated in March 2023, which prohibits facilitation payments and political contributions without prior approval. It includes separate Gifts & Entertainment and Conflicts of Interest policies. All officers and employees are required to complete mandatory annual training, and the policy is reviewed annually by an Executive Board Member. It applies to suppliers, sub-contractors, consultants, and other Associated Persons, who are expected to adhere to a Supply Chain Code of Conduct.

Kind to Animals

Crest Nicholson is committed to delivering a biodiversity net gain of at least 10% across new developments.

The company has joined the Homes for Nature initiative. , pledging to install a bird-nesting brick or box for every new home built and create hedgehog highways as standard on all new developments from September 2024. This initiative aims to provide a minimum of 300,000 nesting bricks and boxes and will run until at least 2030. Other conservation efforts include incorporating pollinator-friendly planting, 50 swift bricks, 50 bat bricks, and 10 bee homes in one development. The company is a founding member of the Homes for Nature commitment and collaborates with the Future Homes Hub, the wider industry, government bodies, and environmental NGOs to support nature-friendly developments and the delivery of Biodiversity Net Gain regulations.

No War, No Weapons

No information regarding CRST.LSE's involvement in arms manufacturing, military contracts, dual-use technology, or any other aspect related to the 'No War, No Weapons' value was found in the provided articles. The articles discuss general military AI concepts

or a real estate development project without explicitly naming CRST.LSE or providing relevant data points for the specified KPIs. , ,

Planet-Friendly Business

Crest Nicholson's total Scope 1, 2, and 3 greenhouse gas emissions were 409,450 tCO2e in 2024, representing a 15.36% decline from 2023.

The company has SBTi-validated science-based targets aligned with a 1.5°C pathway, aiming for net-zero GHG emissions across its value chain by 2045, with interim targets for 2030. In 2024, 85% of its electricity was supplied on renewable tariffs. The company reported zero significant environmental fines or penalties for non-compliance in 2024, and for the preceding four years. Waste diversion from landfill was high, with 97% for office waste and 98% for construction waste in 2024. The sustainable timber policy ensures 100% FSC or PEFC certified timber procurement in 2023, with 99.4% of disclosure volume verified as deforestation-free through third-party certification. Approximately 28% of home completions in FY24 were in areas of high water stress. TCFD disclosures are included in annual reports, and annual climate scenario analysis uses RCP 1.9, 2.6, 8.5, NGFS, and a bespoke transition scenario. In 2024, 81% of developments benefited from ecological protection or enhancement measures, and the company is committed to delivering at least 10% biodiversity net gain.

Zero Waste & Sustainable Products

Crest Nicholson achieved a 98% construction waste diversion rate from landfill in both 2024 and 2023

, and a 97% office waste diversion rate in 2024 . The company sent 0% hazardous waste to landfill from 2021 to 2024 and incurred no significant environmental fines or penalties for non-compliance from 2020 to 2024 . The company has a target to achieve a 15% reduction in waste (tonnes/100m2 completed floor area) by 2025, from a 2019 baseline . Waste reduction initiatives include on-site recycling stations , waste segregation processes , designing house types to reduce material offcuts , engaging with suppliers to reduce packaging waste , rolling out supplier return schemes , sharing data for resource efficiency , and partnering with the Supply Chain Sustainability School . The Supply Chain Code of Conduct requires partners to minimize waste and maximize reuse, recycling, and recovery of materials . Resource efficiency benefits of homes are communicated to customers via the company website , home user guides , and direct communication .