Large social landlord secures £75m refinancing package with sustainability targets

The KPIs include improving the average energy efficiency of its existing homes to at least EPC C by 2030 and ensuring its new build homes outperform current minimum regulations.

The housing association has committed to building an additional 300 affordable homes over the next five years.

Rob Griffiths, deputy chief executive and chief financial officer of Longhurst, said: “It’s crucial that organisations like ours refocus on our ESG objectives as the post-COVID-19 dust settles, ensuring the communities we operate in have access to safe and sustainable housing for residents.

“We’re committed to doing this across the Midlands and East of England and look forward to achieving our goals with Lloyds Bank’s support.”

Jatinder Dhaliwal, relationship director and regional head of housing at Lloyds Bank, said: “Having worked with Longhurst Group for more than 20 years, we know how committed it is to the welfare of residents in its communities and the broader sustainability agenda.

“Its ambitious ESG KPIs will act as key milestones to help deliver its wider long-term sustainability strategy. 

“We look forward to seeing these being achieved and working together on future projects.”