Better Health for All

Landsec demonstrates a strong commitment to mental health, offering excellent initiatives for its employees including the Headspace app, MHFA England webinars, and neurodiversity inclusion sessions.

The company also provides a Mental Health Support Network, wellbeing packs, and access to mental health first aiders. Furthermore, Landsec contributes to public health education by participating in a global ovarian cancer awareness campaign through public service announcements in major cities. The company's operations generate positive health externalities through a £135 million investment in sustainability efforts, such as energy-efficient buildings and replacing gas-fired boilers, which reduce pollution and promote healthier environments for occupants and the broader community. Many other health-related KPIs are not applicable to Landsec's core real estate business, or specific quantitative data required for scoring is not available.

Fair Money & Economic Opportunity

Land Securities Group PLC is a Real Estate Investment Trust (REIT) that primarily generates revenue from rental income from commercial properties.

The company does not offer lending, deposit, or other financial services to consumers. Therefore, all KPIs related to fair money and economic opportunity, which are designed for financial institutions providing such services, are not applicable to its core business model. While Landsec has launched the £20 million Landsec Futures Fund to enhance social mobility and empower individuals towards employment, and delivers social value in local communities, these are social initiatives and not direct financial services, community finance, or consumer credit products as defined by the value's KPIs.

Fair Pay & Worker Respect

All directly employed staff are paid the Real Living Wage or above.

The CEO to median employee pay ratio was 32:1 for the financial year ending March 31, 2024. The mean gender pay gap was 26.10% for the same period. The Lost Workday Rate for contractors was 1.35 in 2023/24, with no fatalities reported for employees, contractors, or visitors from 2021/22 to 2023/24. The voluntary employee turnover rate was 11.0% in 2023/24. No modern slavery incidents were identified or reported as of July 10, 2025, although four whistleblowing incidents were reported in 2024/25, none related to modern slavery. All employees have the right to join a union, but the company does not formally recognize any, and unions are not typically found in their direct staff's profession. The company introduced a Health Cash Plan and maintained ISO 45001 and BS 9997 certifications.

Fair Trade & Ethical Sourcing

100% of core construction materials for every development have a responsible sourcing certification.

As of July 2025, no incidents of modern slavery have been identified or reported in the business or supply chain. Additionally, 93% of strategic suppliers have signed up to the Supply Chain Commitment since 2022, which is a prerequisite for doing business and requires adherence to the company's policies.

Honest & Fair Business

Landsec received a Transparency Score of 54 from a recognized benchmark.

The company has not reported any financial restatements for its recent interim period, and its auditor's report was unqualified. Landsec maintains a comprehensive Speak Up Policy, approved by the Chief Executive in December 2024, which is available to a wide range of individuals including employees, contractors, and business partners. This policy provides a 24/7 anonymous, free, and confidential reporting service via an independent third-party hotline and website. It guarantees confidentiality, commits to providing updates on investigations, and ensures that individuals raising genuine concerns will not suffer retaliation or detriment. Concerns are investigated in line with the company's Ethics Investigation Procedure, and the Board routinely reviews these policies.

Kind to Animals

Land Securities Group PLC, as a real estate investment trust, does not engage in activities directly related to animal testing, animal agriculture, or the production of animal-derived products, rendering most 'Kind to Animals' KPIs not applicable. While the company has launched a nature strategy

, is implementing over 50 ecologically restorative projects , and targets a 25% biodiversity net gain by 2030 to enhance wildlife habitats and urban biodiversity , the provided articles do not offer specific, quantified measurements of the *achieved* biodiversity impact or species recovery metrics from these initiatives.

No War, No Weapons

Land Securities Group PLC's core business activities focus on real estate development and management, inherently distancing itself from military associations and avoiding direct military or defense sectors.

No recent information links the company to war, weapons, or military funding, and there are no ongoing military contracts or defense-related activities. While the company historically participated in a joint venture for a defense training academy in 2007, this engagement is no longer ongoing, indicating 100% divestment from past defense-related activities.

Planet-Friendly Business

Landsec reported a total group carbon footprint of 430,398 tCO₂e in 2024, a 47% reduction from 2023.

The company has SBTi-validated targets, updated to align with the Net-Zero Standard for a 1.5°C pathway, committing to a 47% absolute reduction in Scope 1, 2, and 3 GHG emissions by 2030 from a 2020 base year, and a 90% reduction by 2040, aiming for net zero across the value chain by 2040. These targets are monitored quarterly. Landsec sources 68% of its total energy consumption from renewable sources. Operational waste sent to landfill is 0%. 41% of directly managed office buildings are WELL certified. The company's report is developed to align with TCFD recommendations, including climate scenario modeling for its real estate equity assets and housing and urban regeneration businesses. This modeling assesses portfolio exposure to climate risks under a high emissions scenario, identifying 6% of the portfolio as exposed to combined physical risks. A flood risk policy is in place for properties in high and medium-risk flood zones.

Respect for Cultures & Communities

Landsec has no reported cultural appropriation incidents.

The company provides grievance mechanisms, and its Human Rights Policy supports UN and ILO principles. FPIC processes are considered not applicable to its operations, and there are no reported cultural site disruptions. No cultural incident response framework is explicitly detailed, but no incidents requiring such a response have been reported.

Safe & Smart Tech

Landsec retains shareholders’ personal information for up to 12 years following their last entry or completion of service, with potential for longer retention for legal, regulatory, technical, research, or statistical reasons.

The company has technical and organisational measures in place to ensure personal information is subject to suitable security and is not shared or used inappropriately, with no documented incidents of unauthorized data use. Shareholders are granted rights to obtain a copy of their personal information, rectify inaccurate information, erase personal information, restrict processing, object to processing, have data transferred, and not be subject to automated decision-making. Landsec processes personal information to comply with legal obligations as a UK listed company and adheres to relevant data protection legislation.

Zero Waste & Sustainable Products

Landsec achieved 100% diversion of operational waste from landfill and a 66% recycling rate in 2023/24

, with new developments attaining a 99.5% recycling rate . The company actively promotes and embeds circular economy principles in new projects , including a commitment to use 100% net zero concrete by 2050 and achieving a 36% reduction in upfront embodied carbon at 'The Forge, SE1' . Waste reduction initiatives include installing onsite anaerobic food digesters at three shopping centres , closed-loop glass recycling at Portland House , and the reuse of raised-access floor tiles . These efforts helped avoid £2.5m in landfill tax . Landsec also runs a 'Refill Me' campaign and partners for filtered water dispensers to reduce single-use plastics and educate customers . The company produces immaterial amounts of hazardous waste , which is stringently managed in line with ISO 14001 and ISO 50001 standards . Landsec has set targets to continue sending zero operational waste to landfill and achieve at least a 75% annual recycling rate across its portfolio and new developments . They also aim to reduce the average embodied carbon of a typical building by 50% by 2030 . Material efficiency is demonstrated by a 10% reduction in concrete required for the structural grid at the Republic in Manchester .