NextGeneration sustainability standards

 

What is NextGeneration?

NextGeneration is an industry-leading sustainability benchmarking system for UK homebuilders.

By providing guidance on best practice, NextGeneration aims to use its sustainability services to drive positive change in the industry. The built environment accounts for around 40% of CO2 emissions in the UK1, so it's important that we take action in this vital sector.

As an Executive Committee member, we have integrated NextGeneration’s sustainability standards into our existing propositions. This will allow you to access discounted financing through engaging with these standards.

1 Sector-summary-Buildings.pdf (PDF, 1.45MB) (theccc.org.uk)

  • What is on offer to you?

    NextGeneration Benchmark

    Established in 2006, the NextGeneration Benchmark is a comprehensive corporate sustainability benchmark for the largest 25 homebuilders in the UK which considers over 60 criteria across 15 focus areas.

    The NextGeneration Core

    NextGeneration Core is a simpler assessment based on the core set of sustainability criteria curated from the NextGeneration Benchmark, specifically designed to support you to improve your sustainability performance.

    NextGeneration Project

    An assessment for you to use to demonstrate the sustainability of an individual project, with different awards from Bronze to Gold provided depending on the number of criteria achieved.

    Benefits

    • Access to Sustainability-Linked Loans or discounted funding via our Clean Growth Financing Initiative (CGFI)
    • Access to sector specialist knowledge in developing your sustainability strategy
    • Protect and enhance brand reputation
    • Enable clients to prepare for increased regulation and futureproof their business
    • Helps clients mitigate likely risks associated with climate change adaptation

    *Adoption of the NextGeneration Benchmark and Core standards allows you to link an improvement in your assessment to your financing through our Sustainability Linked Loan proposition. You can access discounted funding through our Clean Growth Financing Initiative by meeting our eligibility criteria, which includes adoption of NextGeneration Project or other equivalent standards. All lending is subject to status and the required product, credit and other internal approvals being granted.

    Clean Growth Financing Initiative (CGFI)

What is on offer to you?

NextGeneration Project

An assessment for you to use to demonstrate the sustainability of an individual development, with different awards from Bronze to Gold provided depending on the number of criteria achieved.

Benefits

  • Access to discounted funding through our Clean Growth Financing Initiative (CGFI)
  • Access to sector specialist knowledge in developing your sustainability strategy
  • Reputational benefits; you can market yourself as ‘NextGeneration: Bronze, Silver or Gold’
  • Enables you to prepare for increased regulation & futureproof your business
  • Helps you to mitigate likely risks associated with climate change adaptation

*You can access discounted funding through our Clean Growth Financing Initiative by meeting our eligibility criteria, which includes adoption of NextGeneration Project or other equivalent standards. All lending is subject to status and the required product, credit and other internal approvals being granted.

Clean Growth Financing Initiative (CGFI)

Introductory offer

For a limited time, we will subsidise the costs of your NextGeneration assessment on a first-come-first-served basis*


Find out more about these standards through the NextGeneration website here


*Subsidies will be managed by Jones Lang LaSalle (JLL), as secretariat to NextGeneration, on behalf of Lloyds Bank and NextGeneration. The subsidy contributes to the cost of the assessment and does not guarantee the outcome.

Further sustainability support

Find out more about how we can support you on your sustainability journey here.

View all sustainable business solutions

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