PERSIMMON PLC.
PSN.LSE | Construction of buildings
Persimmon PLC is a leading UK-based housebuilder. The company is engaged in the business of building and selling new homes across the United Kingdom. They operate through a network of regional offices and brands, focusing on various segments of the housing market, from first-time buyers to executive...Show More
Better Health for All
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No evidence available to assess PERSIMMON PLC on Better Health for All.
Fair Money & Economic Opportunity
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In H1 2025, 34% of private home completions were for first-time buyers, and 618 homes were delivered for housing association partners.
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The company launched a "New Build Boost" shared equity product to assist buyers.
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Regarding pricing fairness, the company stopped selling leasehold homes in 2017
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and, following a CMA investigation into unfair leasehold terms, capped freehold prices at £2,000 for affected homeowners with doubling ground rent clauses.
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In H1 2025, the company made an ex-gratia financial contribution of £15.2 million to the Government's Affordable Homes Programme
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, which was 9.21% of its underlying profit before tax for the period.
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As a housebuilder, the company does not offer consumer lending or deposit services, nor does it generate or manage customer financial data in the context of open banking APIs.
Fair Pay & Worker Respect
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The median hourly pay for women in the Persimmon Group was 21% lower than men's in 2024, resulting in a pay equity ratio of 0.79.
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In contrast, the CEO-to-median employee pay ratio was 59:1 in 2024.
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The company reported no substantiated modern slavery or labour abuse within its operations in 2023.
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A 2022 whistleblowing case related to potential modern slavery in a sub-contractor's workforce was reviewed but found to have insufficient evidence to substantiate the report.
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In August 2023, a supplier was removed from the approved list due to an inability to demonstrate an audit following a notification of forced labor risk in its polysilicon supply chain.
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Fair Trade & Ethical Sourcing
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Persimmon PLC conducts annual audits on modern slavery controls by its Group Internal Audit department.
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In 2022, one potential modern slavery case was identified via whistleblowing within a sub-contractor's workforce, while no incidents of forced child labour were reported in 2023.
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Modern slavery provisions and a right to audit are included in the company's Framework Agreements and sub-contractor terms and conditions.
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In 2023, a solar manufacturer was removed from the approved supplier list after failing to demonstrate an audit following a risk notification related to forced labour in the Xinjiang region.
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The company has approximately 5,900 suppliers, with 11% sourcing goods from overseas.
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87% of staff required to undertake modern slavery training completed the course within the past 24 months.
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Persimmon has paid its directly employed staff the Real Living Wage since January 2019 and retained its Living Wage Employer status in 2023.
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The latest Modern Slavery Statement was approved in June 2024.
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Honest & Fair Business
-10
Persimmon PLC incurred a £15.24 million fine in 2025 for price-fixing or anti-competitive practices.
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The company maintains a comprehensive Anti-Bribery and Corruption Policy.
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, with its systems and controls for bribery prevention reviewed by the Audit Committee, and the Group Internal Audit department provides independent assurance on their effective operation.
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Persimmon also has a "Whistleblowing Policy 2025 (FINAL)" that applies to a broad range of individuals, including employees, contractors, and suppliers.
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This policy offers multiple reporting channels, including anonymous web forms, a confidential phone line, and email.
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Whistleblowers are protected from detriment or retaliation, and concerns are acknowledged within two working days.
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The Audit & Risk Committee Chair acts as the Whistleblowing Champion, and the policy undergoes annual review by the Board.
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Independent advice for whistleblowers is available through the charity Protect.
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Kind to Animals
-40
Persimmon Homes was prosecuted for seven pollution offenses between 2019 and 2021, resulting in a fine of £433,331 for silt contamination in the River Gavenny, which negatively impacted aquatic life
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. The company has committed to delivering at least a 10% Biodiversity Net Gain on all new developments, which is a regulatory requirement
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. It also signed the "Homes for Nature" commitment in July 2024, to be implemented from September 2024 for new planning applications, requiring bird-nesting bricks or boxes and hedgehog highways in every new home
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. Specific conservation actions include planting 1.6 hectares of woodland
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and providing dormouse boxes
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. However, there is no evidence of measurable biodiversity impact or species recovery metrics for these initiatives.
No War, No Weapons
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No evidence available to assess PERSIMMON PLC on No War, No Weapons.
Planet-Friendly Business
-20
The company reported total carbon emissions of approximately 1.7 million tCO2e in 2024
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, with Scope 3 emissions decreasing by 3% last year
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and Scope 1 and 2 emissions reducing by 8% compared to 2023
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. It has validated near-term science-based targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46% and Scope 3 emissions by 22% per m2 completed floor area by 2030, from a 2019 baseline
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. The company maintained 100% carbon neutral electricity purchased, backed by green/REGOs, and gas supplied to offices is backed by Renewable Gas Guarantees of Origin or Biomethane Certificates
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. 99% of homes completed per year have an EPC A or B rating
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. In 2024, 98% of operational waste was recycled
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. The company has a net zero carbon target across all scopes by 2045, with interim targets for homes in use by 2030 and operations by 2040
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. Climate-related disclosures are consistent with TCFD recommendations
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, and detailed climate analysis modeling was undertaken in 2022, reviewed in 2024, considering 1.5°C, 2°C, and ~4°C scenarios over various time horizons
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.
Respect for Cultures & Communities
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The company has two specific formal partnerships with local community groups: Bridgend College
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and 1st Redditch Boys and Girls Brigade
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. It invested an average of approximately 18.13% of its annual revenue in local communities, based on £2.3 billion invested over the last five years
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and an estimated 2023 revenue of £2.54 billion. No cultural appropriation incidents have been reported. A Safety and Environment Concerns reporting telephone line and email address are available as standard grievance mechanisms
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. FPIC processes and indigenous supplier tracking are not applicable as the company's operations do not involve indigenous communities. The company implements active protection measures for cultural and heritage sites, including archaeological and built heritage assessments for developments
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, and no incidents of disruption have been reported. The company engages in general charitable giving, such as the Persimmon Community Champions scheme which donated approximately £734,000 in 2023
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and £905,000 in 2024
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, but there is no specific focus on cultural heritage organizations. Over 200 senior leaders completed an inclusive leadership course focused on Equality, Diversity, and Inclusion
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, which is considered standard diversity training.
Safe & Smart Tech
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No evidence available to assess PERSIMMON PLC on Safe & Smart Tech.
Zero Waste & Sustainable Products
-10
Persimmon achieved a 98% operational waste recycling rate in 2024.
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The company has implemented 7 distinct waste reduction initiatives, including mandating the use of the Nexus ReGen materials exchange platform across its entire business
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, partnering with Ecofill to reuse excavated soil
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, and collaborating with the Supply Chain Sustainability School
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. Other initiatives involve efficient design, logistics, stock control, use of prefabricated/pre-sized materials, efficient construction techniques, and on-site waste segregation
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. However, the company's waste reduction goals are vague, aiming to reduce landfill
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and the quantity of waste generated per property sold
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, without specific quantitative targets or deadlines.