BENCHMARK
What is it?
largest homebuilders. In addition, any smaller UK homebuilders that feature outside
the top 25 but are ambitious and more advanced on their sustainability journey are
welcome to join the NextGeneration Benchmark as members. It is made up of over 60
criteria, across 15 sections, covering the full ESG spectrum. These criteria require
companies to go beyond regulation and achieve industry best practice.
The benchmarking process is outlined below:
Selection
Largest 25 homebuilders in the UK selected for benchmarking, based on housing turnover
and annual completions, alongside any homebuilder interested in benchmark membership.
In 2021, Telford Homes and Latimer extended the benchmark to 27 homebuilders.
Phase 1
Homebuilders are assessed on their publicly
available sustainability information, across the
60+ public criteria of the benchmark, covering
the ESG spectrum. Phase one is weighted as
60% of the overall benchmark.
Phase 2
Members paying an annual subscription provide
their internal sustainability information to be
benchmarked. Phase 2 is weighted as 40%.
Results
Each Member receives a bespoke presentation
of their results, breaking down areas of strength
and where there is room for development.
Launch
The full Benchmark results and awards, along
with NextGeneration’s Annual Report, are
released via a Launch Event.
2023 NEXTGENERATION BENCHMARK MEMBERS
2023 RESULTS
BENCHMARK CRITERIA
The benchmark criteria are updated on a three-year
cycle to ensure they remain relevant and ambitious,
drive continuous improvement within the
homebuilding sector, address changing best
practice metrics and exceed minimum standards.
The full spectrum of environmental, social and
governance issues are covered, with focus given
both to the sustainability of homebuilders’
operations and the homes they build.
The benchmark criteria are publicly available,
encouraging corporate transparency and supporting
homebuilders to improve their sustainability
performance, while providing a holistic framework
for tackling a wide range of sustainability issues.
Please click on the link below to access the NextGeneration benchmark criteria.
BENEFITS
NextGeneration Member companies benefit from:
- Detailed insight into market trends
- A clear understanding of industry best practices
- Enhanced assessments and bespoke reports to help improve their performance
- Networking and knowledge-sharing events, to aid collaboration and create solutions
- The opportunity to steer the benchmark and develop the benchmarking criteria
- Demonstrating their commitment to sustainability to stakeholders, including local authorities, Government and financial institutions
HOW TO JOIN
For homebuilders that would like to
participate, please contact Daniel Jones.