Thirteen has purchased 10% of the carbon credits to be generated by the new 10-hectare woodland in Jon’s Wood in Crook, County Durham.
Leaders made the admission at the Green Communities Summit, the sector’s first discussion of how to hit the UK’s 2050 net zero target.
Thirteen, the North East’s largest social landlord, has acquired over 1,000 homes in Middlesbrough and Hull from Clarion Housing Group.
The 105,000-home landlord will spend £1.9 billion on improving its existing homes and neighbourhoods from 2022 to 2029.
The 34,000-home landlord has switched energy supplier to SSE Green which will provide “green” electricity to over 4,000 of its homes.
Stonewater has purchased 186 homes from Bromford in Coventry, North Warwickshire, and Nuneaton and Bedworth.
Eastlight Community Homes has partnered with Purple to improve the experiences of disabled people living and working in social housing.
The stock swap deal will see Orbit take ownership of around 500 homes and Midland Heart of around 600 homes.
Combining social value principles with a commercial approach can both improve products and maximise profits, Helen Moore writes.