We are delighted to announce that Katie Rogers has joined our team as Chief Financial Officer. With an impressive track record and a wealth of experience, Katie is an incredibly valuable addition to our executive leadership team.
Katie has a proven ability to drive growth and her expertise will be instrumental in ensuring sustainable, long-term success.
We are thrilled to have Katie on board, please join us in extending a warm welcome to Katie as we embark on this exciting journey together!
In a powerful collaboration with SNRG and our landlord – LondonMetric Property PLC (LMP), we’re set to transform the landscape of clean energy in a groundbreaking initiative, aiming to elevate solar power to new levels for commercial buildings.
Greencore’s Oxfordshire factory will soon be home to an ingenious SmartGrid. This cutting-edge system features an impressive array of 726 solar panels (with a 302kWp), complemented by a robust 100kW/200kWh battery storage system. The projected outcome? A remarkable 18% reduction in electricity costs and a potential mitigation of up to 39 tons of CO2 emissions in 2024 alone. A true win-win scenario!
Pushing Boundaries but the real marvel lies in SNRG’s approach to overcoming significant challenges:
Thanks you to SNRG and LondonMetric for getting this deal over the line.
Check out the video below for more information.
Join Ian Pritchett, Director for Greencore Homes at CBS Arena for the Big Zero Show on 20th June.
This free, in-person event will focus on Net Zero in Action with solutions, advice, information, and products for you to start your net zero journey.
Ian will be discussing Greencore’s approach to embodied carbon, operational carbon, energy, and biodiversity and Climate Positive homes at the Pathway to Net Zero session at 14:00 on 20th June
Free tickets available here: https://lnkd.in/eBUanMTP
We are delighted to announce that we are a finalist for the Property Week Resi Awards in the ‘Climate Crisis Initiative’ category.
At Greencore we have developed the concept of climate positive homes. We manufacture closed timber frame panels in our factory and use these panels to build the superstructure of our homes. As a result we lock up more carbon than we emit at the construction stage, through the use of timber and bio-based materials. The structure of a typical Greencore home is therefore better than net-zero in terms of embodied carbon. Our homes are highly energy efficient and are powered by renewables and electricity, rather than gas. As a result, our homes can generate more energy than they use. We also seek to create significant gain on wildlife / biodiversity on each of our developments.
We are thrilled to announce that we’ve installed 10, zappi chargers into our head office in Bicester. Theses are all 3-phase chargers made by the British company, myenergi who also supplied us the chargers for our electric car club at Springfield Meadows. The zappi was the world’s first solar-compatible EV charger and is the market-leader when it comes to EV chargers that can maximise the use of renewable electricity.
To encourage our team to move into electric vehicles (EVs), we are letting them charge their cars for free at work and our plan is to install enough PVs to generate all of our own electricity.
We have also joined the Octopus Electric Vehicles salary sacrifice scheme to make it more affordable and easier for the team to get an EV and encouragingly, more than a third of Greencore’s workforce are now either driving an EV or have one on order.
Have a look at the video below made by ⚡ Richard Boullemier at Generate Media and let us know in the comments what you think.
Thanks to Eli Stan and his team at E S Electrical(Midlands) Ltd for the quick and efficient installation.
Congratulations to our Co-Founder, Growth & Innovation Director Ian Pritchett on being selected to be on The Climate Champions’ Power List Award produced by Homes UK and Unlock Net Zero Live.
Ian said, “We have been building climate positive homes for nearly 10 years at Greencore and have gone from strength to strength. We are now achieving better than zero for the embodied carbon, net-zero carbon in use and net-zero energy.
To fully achieve decarbonization, the net-zero transition requires large-scale disruptive change and extensive innovation across the UK. This involves collaborative partnerships and decisive leadership across all sectors and industries and it’s great to be a part of this. Many thanks for my nomination.”
We are thrilled to announce that Jon Di-Stefano has been appointed as Chief Executive Officer of Greencore Construction. Jon will be key to delivering Greencore’s ambitious plans to construct more Climate Positive Homes, following the asset manager M&G acquiring a majority stake in the company.
With over 20 years’ experience in the property sector, Jon will join Greencore in October 2022 from Telford Homes where he served as CEO for more than a decade and previously as Finance Director between 2002 and 2011. During his time with Telford Homes, Jon oversaw a prolonged period of business growth and a substantial increase in shareholder value.
Our Co-founder Ian Pritchett will move into a newly created role as Growth and Innovation Director, with a focus on business development, innovation, and low carbon technology.
Ian Pritchett, said: “Appointing an experienced and tested leadership team, coupled with long-term institutional investment, is essential for Greencore to reach its potential. Jon’s appointment will enable us to enter a new growth phase, achieving the scale required to have a transformational impact on sustainable housebuilding standards in this country. The built environment is one of the biggest emitters of carbon, both in construction and occupation, but we’ve shown it doesn’t have to be this way.”
Jon Di-Stefano, said: “Greencore is breaking new ground in delivering low carbon, low energy housing, and the current energy crisis only serves to emphasise the need to build homes that use less energy and are fit for the 21st Century. I have been incredibly impressed by what Greencore have achieved to date and look forward to joining the team to lead it through its next phase.”
M&G plc has acquired a majority stake in sustainable housebuilder Greencore Construction (“Greencore”), on behalf of policyholders in its £143 billion Prudential With Profits Fund. The investment will help Greencore to significantly expand its capacity and increase its impact across the UK. M&G also plans to invest up to half a billion pounds over the next three to five years in sustainable new developments of private and affordable housing, in partnership with Greencore.
Greencore has developed an innovative modern method of construction (MMC) which uses a closed panel timber frame, manufactured off-site and insulated with natural materials such as hemp, lime and wood-fibre. This allows it to build high quality, energy efficient homes which lock up more carbon than is emitted both during construction and also over the lifetime of the home. Greencore’s science-led approach is a unique and disruptive solution within the housebuilding sector, which needs to make major changes to its methods in order to meet the UK’s net zero targets and help people reduce fuel bills.
The equity investment into Greencore has been made by M&G’s Catalyst team, which is investing up to £5 billion into innovative privately-owned businesses working to create a more sustainable world. Catalyst’s flexible and patient capital will allow Greencore to scale its operations nationwide and deliver for their large institutional clients. The co-development with Greencore will be led by M&G’s real estate investment team, on behalf of investors in its residential property and shared ownership strategies.
With its increased capacity Greencore will expand its customer base of existing and new institutional clients for new developments. It is about to complete Springfield Meadows, an award winning sustainable housing development in Oxfordshire, one third of which is available for affordable rent or shared ownership. WSP, one of the UK’s largest engineering professional services consultancies, has conducted independent assessments of the Greencore products, including a whole life carbon emissions assessment on Plot 12 on Springfield Meadows, a typical Greencore house. This evidenced that Greencore is at the forefront of sustainable housing in the UK, with negative whole life carbon emissions (-278 kgCO2e/m2), compared with RIBA (Royal Institute of British Architects)’s 2030 target of +625 kgCO2e/m2 for domestic housing.
Ian Pritchett, Managing Director of Greencore Construction, says: “With this investment, Greencore can scale to have a transformational impact on sustainable housebuilding standards in this country.
The built environment is one of the biggest emitters of carbon, both in construction and occupation, but we’ve shown it doesn’t have to be this way. Our homes are sustainable to build and sustainable to live in, which is becoming more important than ever as energy prices continue to spiral.”
Jack Daniels, Chief Investment Officer, M&G plc, says: “The scale, expertise and flexibility we have across our business means we are uniquely positioned to help Greencore transform UK house building to a more sustainable model. Our investment will enable thousands of people to live in high quality, comfortable and energy efficient homes, while also potentially benefitting millions of our customers and policyholders in our With Profits Fund.”