The British Land Company PLC

Corporate Responsibility

Managing corporate responsibility

Annual Report & Accounts 2007

As one of the UK's largest property investment companies we finance, develop and manage property for the long term.

Our integrated approach to corporate responsibility helps in our development and management of sustainable, commercially viable properties that are attractive to occupiers, leading to better returns for our shareholders. Taking our corporate responsibilities seriously helps us meet existing and potential regulatory requirements, and also protects and enhances our reputation.

The Board regularly reviews risks to the business, including those arising from corporate responsibility issues. Peter Clarke, Executive Officer, chairs the Corporate Responsibility Committee, and reports to the Executive Committee and Board.

The Corporate Responsibility Committee, consisting of heads of department and senior representatives, takes direct responsibility for targets. This Committee also oversees working groups, each focusing on a key area, such as the supply chain.

In 2006 we continued to focus on the seven areas of risk and opportunity agreed in 2005 following a two year consultation process with shareholders, employees, occupiers, local communities, suppliers and experts. These focus areas will be reviewed again in 2007.

Our approach to corporate responsibility is underpinned by policies and documents including our Corporate Responsibility Policy, Sustainability Briefs for Developments and Refurbishments, Service Commitment for Occupiers, Waste Management Plan, Biodiversity Programme and sustainable Travel Plans. You can download these at www.britishland.com/downloads.htm










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