Resonance is committed to reducing its impact on the environment as we recognise that this also has a social impact, with disadvantaged and impoverished communities typically most at risk from climate change and environmental degradation.

We’ve made a commitment to the environment, our aim being to monitor and improve our impact, cost control and efficiency, at the same time as encouraging our stakeholders to adopt similar policies.

We established a working group called Greener Resonance, which is helping to guide us on our journey towards a net zero carbon operation and help us achieve the commitments and longer term goals set out in the commitment.

Our staff moving to hybrid working giving them more flexibility and extra rest days, has resulted in more positive environmental outcomes too, with reduced staff travel as well as lower power and water usage.

In addition to endeavouring to reduce the environmental impact of our offices, we are working hard to improve the environmental impact of our property fund portfolios. Monitoring and measuring will help us establish targets to conserve supplies and minimise consumption.

For our offices we are currently monitoring and measuring:

We are also aiming to start monitoring use of fossil fuels and consider how we might offset our emissions:

For our property fund portfolios we currently have three core metrics:

Measuring in this way will help us reduce carbon emissions of the portfolio, as well as improving Energy Performance Certificate (EPC) ratings and reducing utility costs for tenants. Measurements will be taken at purchase, post refurbishment and ongoing into the future.

Resonance is committed to benchmarking sustainability against the recently launched Affordable Housing equity investment mode, which Resonance worked on closely with Big Society Capital and the Good Economy as well as the Sustainable Reporting Standards for Social Housing.