For us, success means creating a lasting legacy for generations to come, rather than perhaps the more traditional measure of delivering better economic returns to our shareholders than they might achieve elsewhere. This thread runs through everything we do and how we do it. Whether as a property developer; making sure our high-quality and innovative property solutions deliver positive long-term impact to those places and people within them, or as a collaborative and patient investment partner; supporting the next generation of entrepreneurs in creating businesses that have a positive long-term impact on society.
As we look towards our 100th year in business in 2035, we have mapped out our ‘centenary vision’, which speaks to three key themes of social impact, environmental sustainability and economic responsibility. Our vision is to truly embody our stated purpose and ensure that everything we do will have a positive social (People), environmental (Planet) and economic (Performance) impact. Our approach is to balance these three strands equally as we navigate a changing and challenging world. Discover more here.
“The purpose of business is not to produce profit; the purpose of business is to produce profitable solutions to problems of people and planet and in the process it produces profit.”
Colin Mayer, the Peter Moores Professor of Management Studies at the Saïd Business School at the University of Oxford.
This sentiment captures how we view the role of financial responsibility - strong financial management and discipline, as a key tenet and obligation, sitting alongside social and environmental considerations in building a business that truly has purpose.