Strategies for Environmental and Social Governance

This is at the forefront of the agenda, with a growing emphasis on eco-friendly building materials and design. Several leading housebuilders are adopting green building standards, incorporating solar panels, energy-efficient appliances, and sustainable materials to reduce the environmental impact. This shift aligns with the commitment to meeting global climate goals and promoting environmentally responsible practices.

Biodiversity Net Gain is another challenge that housebuilders are needing to address. Changes to the planning system will now require developers to provide a 10% gain in biodiversity and wildlife for the land intended to be built on, before obtaining permission.

Whilst taking a step in the right direction for Environmental and Social Governance, housebuilders could be facing an uphill battle with more delays and in turn fewer homes being built.

However, it aims to safeguard and improve ecosystems whilst mitigating the impact of development across the UK and encouraging engagement not only between stakeholders and developers, but also communities.

The regulatory landscape is evolving to accommodate these changes. The Government is revisiting zoning laws and building codes to stimulate the implementation of sustainable solutions. Financial incentives and tax breaks are being introduced to developers to adopt eco-friendly and affordable building strategies.

As these trends continue to shape the construction industry, stakeholders anticipate a positive impact on housing accessibility, environmental conservation, and the overall efficiency.

The Home Builders Federation said: “Home builders across England and Wales have embraced the principle of biodiversity net gain and are committed to creating places that protect and enhance the natural environment.

We urge the government to use the time to ensure the required guidance is in place such that housebuilders can deliver the benefits of BNG alongside desperately new homes.”