SEGRO: to support tens of thousands of people through its community investment program

SEGRO will support tens of thousands of people through its community investment program

February 28, 2022

SEGRO is launching its first series of community investment plans to boost the skills, training and employment of tens of thousands of people, as well as to improve the local environment and biodiversity in the communities where it operates.

Bespoke community investment plans are part of its responsible SEGRO framework, which is committed to creating and implementing programs in all of its key markets by 2025.

SEGRO’s initial community investment plans will cover its main asset areas, which include Slough, Greater London, the UK Midlands, as well as sites in France, Germany and Poland.

The plans, which will be implemented with the help of local partners and driven by SEGRO employees, will focus on the core objectives of helping young and disadvantaged people find employment; supporting the growth of local economies; and carrying out projects that improve biodiversity and the local environment.

Over a ten-year period, SEGRO has set itself the goal of achieving the following results from the first round of community investment plans:

1. 50,000 students engaged and inspired to realize their potential through our Schools of Work and STEM program

2. 15,000 people will benefit from skills, training and job placement programs

3. 300 initiatives delivered to improve the environment and the health and well-being of the local community


David Sleath, President and CEO, SEGRO,
noted:

“Beyond simple responsible neighbor behavior, we aim to be a force for the good of society and the environment, especially in the communities where we operate. We believe we can achieve this by providing support on measure, locally and on the ground to improve the lives of those who need it most.

“We have built relationships with a range of partners who have knowledge and vision of the most pressing local challenges and the reach to help us deliver a structured and measurable program, which we believe will make a real and positive difference. ”

Initiatives will include local work programs to help disadvantaged, unemployed and vulnerable members of the community transform their lives through access to training, skills and employment support. This will be achieved by working with schools to help young people from diverse backgrounds develop their employability skills, and by educating and inspiring them on a wide range of careers.

SEGRO will also involve the local community in adopting environmental and biodiversity measures in its development program, and will fund community organizations to carry out projects that engage in environmental activities as well as health and well-being.

Investments in individual initiatives will generally be made over a three-year period. Among the first tranche of projects and community organizations to receive funding from SEGRO are:

Preparatory work

Groundwork is a charity that mobilizes practical community action on poverty and the environment across the UK. Its partnership with SEGRO will focus on delivering a skills program that will support pathways to employment through hands-on, real-life experience working on local green space projects. The six-week program will target the long-term unemployed, unskilled or low-skilled workers and those living below the poverty line.

Sarah Reece-Mills, Director of Partnerships and Programmes, Groundwork UK, noted:

“We are excited to partner with SEGRO to make a real difference to the job prospects of young people across the country. Together, we can give them the skills they need to be at the forefront of a green economy, supporting them to access jobs that improve the local environment and protect biodiversity.”

Shaw Trust

Shaw Trust is a social purpose organization focused on breaking down barriers to enable social mobility. SEGRO will partner with Shaw Trust and companies in its supply chain to maximize employment opportunities for local people, providing pre-service support, qualifications and training, apprenticeships and recruitment advice to employers.

Gavin Lawrie, Director of Employer Services, Shaw Trust, noted:

“Shaw Trust is delighted to partner with SEGRO on this initiative. This type of opportunity is integral to Shaw Trust’s mission to create clear pathways to good work for the disadvantaged people we work with. Finding ways creating social value for organizations and maximizing every pound invested will help strengthen the local communities we serve.”

ENDS

For more information please contact:
Lara Al-Sabti, Head of External Communications, SEGRO
[email protected]

Notes to editors:

Initial community investment plans cover markets in the UK, France, Germany and Poland.

About SEGRO

SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial properties. It owns or manages 9.6 million square meters of space (103 million square feet) worth £21.3 billion and serves clients from a wide range of industry sectors. Its properties are located in and around major cities and major transport hubs in the UK and seven other European countries.

For over 100 years, SEGRO has created the space that allows extraordinary things to happen. From modern, large-area warehouses, used primarily for regional, national and international distribution centers, to urban warehouses located near major population centers and business districts, it provides high-quality assets that enable its customers to thrive.

A commitment to be a force for societal and environmental good is integral to SEGRO’s purpose and strategy. Its responsible SEGRO framework focuses on three long-term priorities where the company believes it can have the greatest impact: championing low-carbon growth, investing in local communities and environments, and cultivating talent.

See www.SEGRO.com for more information.

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Jill E. Washington