Ethics are at the heart of everything we do, which
is why we chose to implement the UK Bribery Act
prior to the legislation coming into force. We strongly
believe that this, together with the transparency
inherent in our UK AIM quotation, enhances
counterparts' confidence in dealing with us.
This report covers our progress over the last financial year.
We have a very flat organisational structure which our employees find stimulating as they are encouraged to feel responsible for the reputation and performance of the company. The introduction of iPads and the greater use of "communications on the go" have also enriched our working environment.
Terrace Hill Group and its consultants ensure that key features and strategies are adopted in an endeavour to design and deliver highly energy efficient buildings. The strategy for reducing energy use and associated carbon emissions through the design of the scheme will generally follow a three step approach:
This mixed-use development of offices, residential and retail is due for completion in September 2012. The scheme incorporates a number of sustainable technologies including Combined Heating Power and absorption chiller (CCHP) along with PV panels to reduce CO2 as required under the Mayor's London Plan. The office element has received a design and procurement assessment from the BRE confirming a BREEAM rating of "Excellent" whilst the residential units will achieve a level 4 under the Code for Sustainable Homes.
This development of offices and retail is expected to commence on site in 2012. A planning application is submitted and is supported by an energy statement which incorporates air source heating and cooling, PV panels and green roof. With CO2 saving in excess of 20%, a BREEAM rating of Excellent and an EPC rating of "B" has been targeted.
Both these achievements exceed the requirements set for the development at planning and demonstrate Terrace Hill Group's commitment to target continued improvements.
We strive to reduce the risk of harming the environment with a strong focus on energy consumption, pollution, transport, maximising the net internal area of our buildings without increasing the overall footprint, using renewable resources and health and well-being.
Our in-house project management specialists have these issues at the forefront of their thoughts when they meet designers and external consultants and continually push the envelope to pioneer new green technology usage. This includes rainwater harvesting, low-energy lifts, reduced emission solar glazing and ultra-efficient air conditioning systems. This has resulted in us significantly surpassing carbon reduction targets and given our tenants the benefit of buildings with outstanding BREEAM results.
We constantly monitor our recycling policy when we make decisions about waste and consumable materials and endeavour to use IT rather than manual, resource wasting media, which not only benefits the environment but also our bottom-line profitability.
We are at the forefront of being able to influence designers as to the "green" requirements of end users and strive to make the environment a better place to live and work.
