Going for sustainability gold!
It has been a successful few months for sustainability benchmarking at BAM. Having contributed to both of the assessments mentioned below, I appreciate the time, effort and hard work required to answer the questions and gather the relevant evidence. The assessments go far beyond just monitoring energy and water data (though they are vital aspects) and probe current sustainability issues such as wellbeing, circular economy, modern slavery, gender pay gap and lifecycle assessment.
The Sustainable Facilities Management Index (SFMI) benchmarks the industry and continuously pushes participants to make improvements in their sustainability strategies and activities. BAM FM retained its Gold standard on the SFMI – an impressive feat considering several of the participants did not maintain their 2017 position and slipped from Silver to Bronze or Bronze to Assessed.
The top FM Contractors highlighted at the 2018 Results Launch
“There are nearly 30 leading FM contractors involved in SFMI, so to receive Gold and be established as one of the top five sustainable FM contractors in the UK is great. The SFMI is continuously raising the bar for each category, making it more difficult to achieve Gold, but we managed to do it – again.” Reid Cunningham, Strategic Development Director BAM FM.
BAM also participated in the Global Real Estate Sustainability Benchmark (GRESB) for the first time this year. GRESB assesses the sustainability performance of real estate and infrastructure portfolios and assets worldwide. The assessments are investor led, meaning the questions relate to things investors believe to be important in relation to sustainability and risk in real asset investments. The assessment measures how well assets manage environmental, social and governance (ESG) issues, and benchmarks these against other similar projects in the same category.
The different aspects considered as part of GRESB
We were delighted that two of our assets came first within their peer category, with Somerset Schools achieving the maximum five stars. BAM Construction built the schools back in 2012 and they have been maintained by BAM FM since.
This video was made at the time of construction and shows the ethos behind the project from the outset.
All of the assets assessed scored at least a minimum of three stars demonstrating a good grounding of ESG issues in our BAM PPP assets.
“All of our assets performed well, achieving scores above the GRESB average. We are now in the process of working with BAM FM and BAM Infra (who manage and run the assets) to maintain this high standard next year and identify potential areas for improvement.” Nick Moore, Operations Director BAM PPP UK & Ireland.
I would like to congratulate all of the individuals who were involved in the assessments – it shows that our efforts to make projects and sites sustainable are being recognised as industry leading.
Julia Messenger is a Sustainability Advisor at BAM.
If you would like to talk to us about sustainability, contact us.
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