BERKELEY GROUP HOLDINGS (THE) PLC.
BKG.LSE | Construction of buildings
The Berkeley Group Holdings plc is a United Kingdom-based holding company. The Company is engaged in residential-led, mixed-use property development. It operates through four brands: Berkeley, St James, Berkeley First, and St Edward. Berkeley focuses on creating sustainable, mixed-use communities. S...Show More
Better Health for All
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The company demonstrates a comprehensive approach to mental health, with over 260 trained mental health first aiders
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and having signed the Building Mental Health Charter.
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Its operations generate substantial positive health externalities by creating 535 public amenities, including doctors' surgeries and play areas, across its development sites,
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and contributing to life satisfaction on estates like Kidbrooke Village being more than 20% higher than the UK average.
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The company's core business does not involve products with direct health impacts, nor does it offer health-related products or services requiring accessibility considerations. Its operations do not intersect with healthcare workforce development, health education, addiction potential, global health crisis response, health-related data management, pharmaceutical patents, or clinical trials. The company's Annual Injury Incidence Rate is a measure of workplace safety, which is explicitly excluded from this value's scope.
Fair Money & Economic Opportunity
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The Berkeley Group Holdings plc is a residential-led, mixed-use property development company, not a financial institution.
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As such, it does not offer lending, deposit, or insurance services to consumers. Consequently, KPIs related to financial products and services, including underserved_client_share, pricing_fairness, exploitative_fee_exposure, inclusion_initiatives (in terms of loan/insurance book), data_accessibility, fair_lending_compliance, debt_burden_ratio, geographic_inclusion (for financial access points), and product_simplicity, are not applicable to its core business model and are scored at 0. While the company develops affordable housing
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and contributes to community initiatives, specific quantitative outcome data for wealth_building_outcome (e.g., percentage of users achieving homeownership) is not provided. For profit_reinvestment, the provided data is a percentage of revenue, not pre-tax profit, and the activities are not 'community finance' as defined by the KPI. For financial_literacy_initiatives, while the Berkeley Foundation contributes to a program, specific reach and outcome metrics are not provided. Therefore, profit_reinvestment and financial_literacy_initiatives are omitted due to a lack of directly applicable quantitative evidence.
Fair Pay & Worker Respect
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Berkeley Group's 2023 Gender Pay Gap Report revealed a median pay gap of 32.7% across the Group.
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The company is addressing this through initiatives such as enhancing maternity and paternity policies, promoting a more agile working environment, leadership training, and partnerships with Women into Construction. In 2024, 32% of apprenticeship positions were filled by female candidates.
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Fair Trade & Ethical Sourcing
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In 2023, 98% of timber and wood-based products used by Berkeley were sustainably certified to either the Forest Stewardship Council (FSC) or Programme for the Endorsement of Forest Certification (PEFC) schemes.
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The company emphasizes value-based procurement, assessing contractors on ethical considerations including combating modern slavery and child labor.
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Berkeley held its first Group-wide supply chain conference in November 2023 to foster collaboration
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and implemented annual 360-degree feedback mechanisms for contractors.
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Honest & Fair Business
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The company achieved an 'A' rating for CDP's 2023 Climate Change Questionnaire, demonstrating a high level of transparency in climate-related disclosures.
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It has established comprehensive anti-bribery and corruption policies, which are reviewed and approved by the Board of Directors.
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These policies incorporate due diligence processes, risk assessments, and training programs for employees and suppliers.
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The company reported zero environmental prosecutions in 2023/24.
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In a past case, an out-of-court settlement of £9.5 million was paid to a former finance director following allegations of bribery and misuse of company funds between 2005 and 2010; the company denied the allegations, and the claims were withdrawn as part of the settlement.
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Additionally, the Competition and Markets Authority (CMA) initiated an investigation in 2024 regarding potential sharing of commercially sensitive information, though no conclusions have been reached.
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Independent Limited Assurance Reports are available for the company's GHG Emissions and Energy Consumption data from 2020 to 2025.
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Kind to Animals
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The company is a property developer, and no relevant data was found for KPIs related to cruelty-free certification, alternative testing, humane operations, ethical input substitution, supplier audits, cage-free sourcing, animal testing policy/volume, innovation investment in animal-free tech, animal agriculture ethics, animal-free R&D collaboration, or public policy engagement. For wildlife conservation impact, the company provided £5,000 to the Wildfowl & Wetlands Trust (WWT).
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While the company also commits to a biodiversity net gain on every new development since 2017, ensuring at least a 10% increase in biodiversity for projects and creating over 585 acres of improved habitats,
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and the Kidbrooke Village project achieved a 100% biodiversity net gain,
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this evidence of direct positive impact does not align with the rubric's revenue-based quantitative thresholds for positive tiers. The negative tiers are also not applicable as the company demonstrates measurable positive outcomes rather than a lack of outcomes or degradation.
No War, No Weapons
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The company does not actively engage in peacebuilding initiatives and has no explicit peace-promoting initiatives.
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As a residential-led property developer, the company has no known involvement in military contracts, arms manufacturing, or conflict-related activities.
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Its core business does not involve defense or arms-related activities, dual-use technology, sales to embargoed regimes, defense procurement, exports requiring certification, defense-related lobbying, AI with military uses, surveillance, or weapons-related ethical red lines.
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The company also has no defense assets to divest, no mineral inputs, and no applicable technology development related to peace or military tech.
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There is no evidence of human rights due diligence frequency in conflict-affected areas, war-related supply chain risk audits, annual conflict partner reviews, or procurement percentages from conflict zones.
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Planet-Friendly Business
-10
The company's total Scope 1, 2, and 3 greenhouse gas emissions for 2024/25 were 0.545879 M tCO₂e.
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It has SBTi-validated science-based targets, and its Scope 1 and 2 reduction target for FY2030 was achieved seven years early, with an updated target submitted.
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The net-zero target year is 2045 with interim targets.
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As of 2024/25, 87% of operational energy consumption is from renewables, and 95% of completed homes had an Energy Performance Certificate (EPC) rating of B or above.
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The waste diversion rate from landfill was 96% in 2024/25.
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All new construction and major renovation projects are assessed for lifecycle emissions, and over 60 embodied carbon assessments have been completed.
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The company reports zero environmental prosecutions or fines for 2024/25 and the preceding years, with annual independent assurance for GHG emissions.
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However, 91.36% of total water withdrawals are from water-stressed areas.
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The company has a zero-deforestation policy, with 98% of timber and wood-based products being sustainability certified.
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TCFD disclosures are in line with recommendations, including climate scenario analysis for 1.5°C and below 2°C pathways, which was updated in 2024/25.
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The company is committed to delivering a measurable net biodiversity gain of 10% on every new development since 2017, delivering over 1,200 acres of new or enhanced natural habitats across 57 sites.
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Respect for Cultures & Communities
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The company actively protects cultural sites by restoring historic listed buildings, which are safeguarded by law and require consent for any changes.
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It has 4 formal partnerships with local community groups, including the Quality of Life Foundation, Thames Water, Manor House Development Trust, and State of Life.
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A protocol for assessing social and cultural impacts exists through its Communities Framework, Community Plans, and Social Value Tool, which includes heritage indicators.
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However, implementation is inconsistent, with 31 out of 89 sites having community plans.
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FPIC processes and indigenous supplier tracking are not applicable to the company's operations.
Safe & Smart Tech
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The company has no documented data breaches or incidents of unauthorized data use in the provided articles. Its Privacy Policy outlines the collection, use, and protection of personal information.
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The Berkeley Group has implemented an Information Security Programme focused on preventing data breaches, a monthly IT Security Committee, and employs secure servers and IT systems with firewalls and anti-virus protections.
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They also utilize data centers and cloud services to reduce risk exposure
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and have a Disaster Recovery Plan and cyber insurance.
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Zero Waste & Sustainable Products
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Berkeley Group Holdings achieved a 96.91% waste diversion rate in 2023, recovering waste through recycling, reuse, or composting
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. The company implements a comprehensive Waste Strategy, designing out waste from developments by retaining existing structures and reusing materials, setting waste targets for sites, and collaborating with supply chain partners on reuse and recycling, including take-back schemes
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. A material delivery and waste tracking software system is utilized across all live projects
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. These initiatives have led to a 15.84% decrease in total waste generation since 2019
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, with an 18.71% drop in 2023
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. Hazardous waste management is robust, with only 0.8% of total waste classified as hazardous in 2023
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, representing a 93.29% decrease in its share since 2019
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, supported by Site Pollution Incident Response Plans and COSHH guidelines
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. On-site sustainability assessments are conducted quarterly
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. The company has reported no environmental prosecutions or fines in the last three years
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and no significant incidents in 2024/25
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. Berkeley Group has set ambitious targets to reuse or recycle 98% of construction waste by 2025
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and achieve zero avoidable waste construction sites by 2030
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. The company maintains a sustainable specification and procurement policy for suppliers
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and works with key suppliers on waste minimization
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.