Building sustainably

Progress and Focus Areas

• In FY26, the Group updated its near‑term and long‑term greenhouse gas emissions reduction targets, which were validated by the SBTi in July 2026. These consist of three elements 1) direct operations; 2) embodied carbon; and 3) homes in use and wider value chain.

Progress and Focus Areas

• We delivered emission reductions of 40.2% on FY25, and a 71.4% reduction versus FY21 (the earliest date of combined data).
• Continued to drive emissions reductions through increased adoption of hydrotreated vegetable oil (HVO) and reduced reliance on diesel generators across our sites.
• Maintained low telehandler idling rates through enhanced monitoring and reporting, achieving an average idling rate of 4.6% in June 2026.
• Improved fleet efficiency, with 99.5% of telehandlers meeting Stage V emissions standards, supported by ongoing engagement with site teams to identify further carbon reduction opportunities.

Progress and Focus Areas

• In FY26, an estimated 35% of value chain emissions came from embodied carbon in construction materials.
• A Whole Life Carbon Assessment of groundworks and infrastructure materials is due to commence to ascertain their embodied carbon and improve the Group’s modelling of impacts and hence targeted reduction activities.
• Continued to strengthen our carbon data and reporting capabilities, supporting more informed decision-making across the development lifecycle. Progressed the measurement and reporting of embodied carbon using Environmental Product Declarations (EPDs), helping to improve transparency and support lower-carbon material choices.

Progress and Focus Areas

• In FY26, an estimated 64% of value chain emissions came from homes in use and wider value chain emissions.
• See the Zero Carbon Homes target for headline activities and progress.

Progress and Focus Areas

• Developed a robust quantity-based reporting methodology and established a clear roadmap to achieve our 2027 target.
• Engaged with 27 key suppliers during FY26 to improve understanding and reporting of the carbon impacts associated with the materials we procure.
• Enabled reporting of embodied carbon emissions for approximately 40% of directly procured materials, using product-specific EPDs where available.
• Further supplier engagement and data collection activities are underway to increase coverage and support achievement of the 80% reporting target by June 2027.

Progress and Focus Areas

• Challenges with supplier telemetry data have meant tracking and monitoring this year has been incomplete.
• We are actively engaging with divisions to challenge generators on long hire.

Progress and Focus Areas

• HVO is now embedded as business-as-usual across the Group, replacing 87% of total fuel consumption in FY26 (FY25: 39%) and contributing significantly to our operational carbon reductions.
• The use of HVO avoided approximately 14,258 tCO₂e in FY26, while ongoing trials and feasibility assessments of alternative technologies, including hydrogen-powered equipment, are helping to inform future decarbonisation opportunities.

Progress and Focus Areas

• Partnered with British Gas to trial innovative low-carbon homes at Corby Glen, featuring solar PV panels, air source heat pumps, battery storage and smart controls to help reduce carbon emissions and lower household energy costs. Through ongoing customer insight research, we are gathering feedback from residents to better understand their experiences and inform the future design of sustainable homes.
• Contract has been agreed to deliver UK’s largest net zero housing development in Wales, Cosmeston Farm. This will see the delivery of 576 new homes that will achieve net zero carbon through innovative design and technologies.
• Expanded innovative energy partnerships. Octopus Energy, the UK’s largest energy supplier, and Barratt Redrow have joined forces to bring energy-bill-free living to households across the country. Residents in our trials at flagship sites Wixams and Tewkesbury will pay zero bills for 10 years.

Progress and Focus Areas

• Continued progress towards a fully electrified company car fleet, with 91.5% of vehicles now electric or hybrid, comprising 67.3% electric and 24.1% hybrid vehicles as of June 2026.
• Strengthened support for the transition to lower-carbon mobility through the launch of a new employee green car salary sacrifice scheme, improving access to electric vehicles.

Progress and Focus Areas

• We are in our fifth year of TCFD reporting. In accordance with Listing Rule 6.6.6R(8) and the Climate-related Financial Disclosure Regulations (CFD) 2022, our FY26 Annual Report and Accounts include climate-related financial disclosures consistent with all eleven TCFD recommendations and all eight CFD requirements.
• In FY26, the Group refreshed its climate scenario analysis to reflect developments in climate science and changes to the scale and composition of the business following integration. The updated analysis applies regional IPCC-aligned climate projections to the Group's HY26 landbank.
• Alongside our climate-related risk management activities, the Group is continuing to build its understanding of nature-related risks and opportunities, informed by the Taskforce on Nature-related financial disclosures. We have published an initial TNFD-aligned disclosure in the Annual Report and Accounts, outlining our approach to nature-related dependencies, impacts, risks and opportunities.

Progress and Focus Areas

• Reduced waste intensity to 3.64 tonnes per 100m² HBE (3.50 tonnes per 100m² LCA), achieving a 51% reduction since 2015.
• Continued to improve resource efficiency through enhanced waste segregation and targeted initiatives to reduce inert and lightweight construction waste.
• Delivered significant year-on-year reductions in key waste streams, including an 87% decrease in inert waste and a 21% decrease in lightweight construction waste compared with FY25.
• Contributed to industry-wide progress by sharing best practice with waste management partners and participating in the Future Homes Hub waste working group.

Progress and Focus Areas

• Roll out is underway for all new site compounds to install smart meters, strengthening data collection to help drive operational performance and sustainability improvements.
• In FY26, 80% of sites were able to provide water data including compound, legally completed plots, sales area and ‘other’.
• Engaged actively with regulators, water companies and industry bodies to help shape future water efficiency standards and inform our approach to water-smart communities.
• Strengthened our focus on long-term water resilience through a dedicated infrastructure risk programme, supporting the management of water supply and capacity challenges across the business.