May 16 2008
SEGRO’s 2007Corporate Responsibility Report, is now available at www.segro.com/segro/Responsibility/CRReports/
This year SEGRO has once again focused its reporting on those aspects of Corporate Responsibility that most affect business performance. The Report details overall progress, provides case studies to highlight achievements and, through performance and management targets for 2008, outlines the Group’s future aspirations in relation to key impact areas.
Excellent achievements and exciting new initiatives in 2007 helped SEGRO deliver on its Corporate Responsibility commitments, with employees, suppliers and customers alike playing crucial roles.
SEGRO will continue to focus on those areas that are most significant to its business, developing a more systematic engagement programme with key stakeholders to ensure that everyone the Company works with has the opportunity to shape its Corporate Responsibility agenda.
A significant aspect of achieving this goal is SEGRO’s management of Corporate Responsibility. Following a Board review of corporate governance practices in 2007, Corporate Responsibility oversight was devolved from the Group Risk and Responsibility Committee to a new Corporate Responsibility Committee chaired by Chief Executive Ian Coull. In addition a new Head of Sustainability has been appointed with responsibility for managing the Group's policy on sustainability matters, including Environment, Health & Safety, and Corporate & Social Responsibility (see Claudine Blamey to Head Sustainability at SEGRO).
These changes will drive support for Corporate Responsibility and Sustainability further across all levels at SEGRO.
About SEGRO
SEGRO is the leading provider of Flexible Business Space in Europe. Headquartered in the UK, SEGRO is listed on the London Stock Exchange and on Euronext in Paris. The company is a UK Real Estate Investment Trust (“REIT”) with operations in ten countries (it completed the exit from its US business in August 2007), serving a diversified customer base of over 1,600 customers operating in a wide range of sectors, representing both small and large businesses, from start ups to global corporations. With property assets of £5.2 billion (including trading properties and development assets) and around 4.7. million sq m of business space, SEGRO has an annual rental income in excess of £249 million. www.segro.com
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