Grosvenor, the international organisation whose activities span urban property, food and agtech, rural estate management and support for philanthropic initiatives, has launched a new social enterprise today: Grosvenor Hart Homes. The enterprise, initiated by the Duke of Westminster, is on a mission to improve outcomes for vulnerable children, young people and their families by simultaneously addressing three major foundational blocks that are essential to overcome disadvantage and build better outcomes in life: the provision of high-quality affordable and secure homes paired with support services tailored around individual needs and addressing: employment and routes into employment mental health…
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Grosvenor to donate nearly two acres of land to affordable housing developer
Grosvenor’s North American property business announces its plans to donate nearly two acres of land to affordable housing developer Eden Housing to build 68 low-income apartments for individuals and families earning up to 60% of the area’s median income. The land is located in the northern part of Los Gatos, at the intersection of Highway 17 and State route 85, within the second phase of the North 40 project. “We are very grateful to Grosvenor for working with us and donating land to our organization. We are delighted to be…
Read MoreGrosvenor creates new ‘charity hub’ workspace in support of Westminster Foundation’s charitable mission
Grosvenor has created a new flexible workspace designed specifically for charities and social impact organisations in support of the Westminster Foundation’s mission to help vulnerable young people. The building at 8 – 10 Grosvenor Gardens in the heart of Victoria and owned by Grosvenor’s UK property business will be known as Fivefields. Members will share a common interest in improving the lives of children and young people, mirroring the Westminster Foundation’s charitable activity. The project has been initiated by the Duke of Westminster, who is Chair of both the…
Read MoreGrosvenor Property UK Launches Social Impact Strategy
Expanding its sustainability ambitions, Grosvenor Property UK has launched its social impact strategy. Grounded in extensive research into societal as well as local needs in the communities GPUK plays a part in, People Positive advances how the business focusses and maximises its positive impact through its core activities. People Positive concentrates on three strategic priorities: Improving wellbeing in the places GPUK’s makes and manages Helping local economies thrive by championing inclusive growth and diversity Maximising the positive impact of our people and partners This strategy and its focus areas were informed…
Read MoreGrosvenor becomes first European property business to receive approval for both a short-term and long-term science based target
Grosvenor’s UK property business (GPUK) has announced that it is the first European property company to have its long-term net-zero targets approved by the Science Based Targets initiative (SBTi). This will see the organisation reducing its emissions by at least 90% by 2040 to reach net-zero. The SBTi is a partnership of some of the world’s leading environmental organisations. It supports companies to set verified carbon reduction targets needed to meet the goals of the Paris Agreement – limiting global warming to well-below 2°C above pre-industrial levels and pursuing efforts…
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