We are one of the UK's foremost housing groups, managing a growing portfolio of over 47,000 affordable and social rent homes, and one of the UK’s largest developers of affordable housing, with plans to build and regenerate 5,700 homes by 2030.

We are by nature an organisation shaped to deliver social value, with sustainability embedded in all we do. Our target is to deliver £100 million in social value for our customers and communities by 2025. We support our 100,000 customers through our homes and our services, and we encourage good business, working with likeminded organisations and social enterprises within our supply chain.

Through our environmental programme, Orbit Earth, we work to actively enhance our environment, creating and improving places and spaces for our communities. Under this programme we have three priorities: climate action to become net zero carbon; enhancement of outdoor spaces to improve the quality of natural resources including biodiversity, land, water and air; and sustainable consumption to manage resources, materials and products responsibly.

We operate an agile regeneration and new build development programme, with diverse markets and geographies, and were awarded our second Homes England Strategic Partnership in September 2020. The grant will provide funding for more additional much-needed new affordable homes and builds upon our first Strategic Partnership with Homes England, which was announced in November 2018, bringing the total number of homes to be delivered under this partnership to over 3,800.

Everything we do is underpinned by our rigorous approach to governance including substantial scenario testing. We have an experienced Board and Leadership team with a mix of strong commercial and sector skills, and are fully compliant with the National Housing Federation’s (NHF) 2015 Code of Governance and with the Regulator of Social Housing’s Governance and Financial Viability Standard.

Performance highlights

Operating surplus 2022/23 - £135.2m

Operating margin 2022/23 – 25.1%

Customer satisfaction 2022/23 – 4.29 out of 5

New properties delivered 2022/23 – 1,257

Investment in existing homes 2022/23 - £88.8m

Governance rating – G1. The provider meets the requirements on governance set out in the Governance and Financial Viability standard.

Viability Rating – (V2). The provider meets viability requirements and has the financial capacity to deal with a reasonable range of adverse scenarios

Moody’s credit rating A3

Sustainable Finance Framework

As a registered provider of affordable housing, we are committed to delivering social purpose, and providing homes for target populations underserved by the UK commercial housing market as designated by the UK Regulator of Social Housing (RSH).

All our investments and expenditure are dedicated towards this purpose. In alignment with this, we have created a Sustainable Finance Framework (the "Framework"), under which we can undertake sustainable financing transactions (public bonds, debt Private Placements, term loans and revolving credit facilities), funding green, social or a combination of expenditures (respectively green, social or sustainability instruments; together "Sustainable Finance Instruments"). The strategy seeks to deliver improved performance for our customers, colleagues, and suppliers, with specific programmes and objectives for each of these stakeholders.

Business in the Community

We have a rigorous approach to being a responsible business. In 2019 we became one of the early adopters of Business in the Communities' Responsible Business Tracker, and we are proud of the high standards we have achieved to maintain a culture of strong governance, financial management and compliance.

Companies that undertake Business in the Community’s Responsible Business Tracker® are committed to being faster, braver and bolder in their responsible business actions. It is only by asking just how good companies are at responsible business that we can identify the key issues and the gaps that need addressing; allowing them to drive areas of their responsible business strategy even further and be the best they can be. Orbit Group is one such company committed to a journey of measurable improvement and ensuring it is using its business as a force for good.

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