BARRATT Developments Scotland has announced it has contributed £355.5 million to the Scottish economy.
In the year ending 30 June 2023, the housebuilder completed 1,951 new homes and supported 4,556 jobs across its north, east and west Scotland divisions.
The business added that it also created over 32ha of green space around the country to help support wildlife on and around its sites.
Across the UK, Barratt is working towards reducing its direct carbon emissions by 29% by 2025 and indirect emissions by 24% per square metre by 2030. In the past year, CO2e emissions per 100m.sq. of completed build area fell to 1.87t in Scotland – a reduction of 2% from the 2018 benchmark. Across the business, 99% of homes were built to EPC A and B ratings.
Douglas McLeod, regional MD for Barratt Developments Scotland, said, “As the UK’s largest housebuilder, and one of the most sustainable, we place considerable emphasis on supporting people, the environment and generating strong economic growth for the country. We are very proud to have made such a positive contribution to Scotland in 2023 with 1,951 new homes being delivered to families and boosting the economy by £355.5m.
“We’re particularly proud to continue to progress our position as the UK’s most sustainable housebuilder, using long lasting, quality materials that ultimately save our customers money.”
As part of its housebuilding activity, Barratt has made £8 million in local contributions to help build facilities and community infrastructure. This includes the provision of 408 new school places. More than £54 million has also been spent on physical works such as highways, environmental improvements and community facilities.
The development of talent remains a key priority for Barratt Developments Scotland and 75 graduates, apprentices and trainees launched their careers with the company in 2023.
The assessment of Barratt Developments’ performance was carried out by independent consultants Lichfields, who analysed socio-economic impacts through the delivery chain for new housing based on Barratt datasets, published research and national statistics.
