Sustainability for Housing (SfH) has now launched the consultation into Version 2.0 of the Sustainability Reporting Standard for Social Housing (SRS).
The worlds of ESG and Social Housing continue to evolve at a pace, and ESG reporting needs to keep up. SfH believes the revised criteria will help the sector tell its story better, whilst continuing to meet ongoing demands for transparency, accountability, and continuity.
After an initial series of surveys, focus groups and interviews with housing associations and funders, the proposed draft (SRS v2.0) speaks to new sector requirements, including new Tenant Satisfaction Measures (TSMs), and external frameworks and guidance, including from the Investment Association and the Task Force on Climate-related Financial Disclosures (TCFD).
Reporting will also include a ‘comply or explain’ approach, along with a request to show year-on-year data comparisons.
In a brief overview, the criteria have a greater focus on:
- The quality of stock, including asbestos, legionella and damp and mould
- Net zero strategies, retrofit works and efficiency improvements, including SAP ratings.
- Disclosures around EDI policies and approaches, as well as the training and professional development of staff
SfH will be consulting on the changes throughout April and is seeking views from all stakeholders in the social housing sector.
To see all the full document Version 2.0 of the SRS proposed, click the links below:
This is a key milestone in the evolution of the Standard and it is important that all stakeholders have their say. This is a great opportunity to make your voice heard and amendments to be made regardless of your adopter status so please get in touch with us at firstname.lastname@example.org.
Thank you for your continued support in making the SRS the best voluntary standard for the social housing sector.
SfH has extended the deadline for stakeholders to have their say on the proposed SRS Version 2.0 to 5:00pm on 16th May 2023.
(Please note: the expected publication of SRS v2.0 is in summer 2023, however, SRS v2.0 won’t be reported against until October 2024. For October 2023 reporting, the existing SRS v1.2 will be reporting standard.)