ESG Investors Targeted as U.K. Housing Providers Adopt Standards

U.K. housing associations are lining up behind a new sustainability-reporting framework, as they seek more funds from socially responsible investors to help ease accommodation shortages.

Peabody Trust and Clarion Housing Group Ltd. are among about 40 social-housing providers that will publish annual reports using the new standards, according to a press release from an industry working group. Around 30 bond buyers and arrangers, including Legal & General Group Plc and NatWest Group Plc, will use the framework for investment decisions and product design.

The new standards -- covering 48 environmental, social and governance criteria -- provide a uniform framework that ...