Chelsea 2030 Update

Contributing towards a flourishing and sustainable local community has always been central to Cadogan’s ethos.

‘Chelsea 2030’, our commitment to improving local quality of life and creating a more sustainable city, was launched in 2021 – setting out clear targets to tackle priorities including carbon emissions, air quality, greening, waste reduction, water usage and local wellbeing. To achieve this, we are working in partnership with many local stakeholders, suppliers and partners – combining forces to maximise positive impact.

Highlights from the last year include launching a comprehensive Estate-wide decarbonisation programme (including the installation of solar panels on our head office), beginning a significant "greening" project on Sloane Street, introducing a new electric cargo bike waste scheme along with planting further "pocket forests" and creating new natural ponds to foster biodiversity.

We have also combined our wellbeing, culture and charitable targets to enable greater social impact. This has involved building on our extensive social value programme with the launch of significant skills and training opportunities for the local community, while also supporting diversity within the property industry - including a new apprenticeship bursary and entrepreneurial skills programmes for local secondary school students. Given the challenging economic climate, we have also frozen rents across our community, keyworker and social housing portfolio, which we continue to subsidise by over £1.3 million (in addition to the rent freeze) each year.

The following pages bring this work to life, reviewing our performance against these ambitious targets and the governance surrounding them.

Committed To Our Community

Creating social value lies at the heart of our commitment to a sustainable future. The Chelsea 2030 strategy was developed in collaboration with our local stakeholders and community as well as via peer review and industry analysis. We engaged with a wide range of experts, local organisations and community members through a series of roundtables and a survey which gained over 2,000 responses from members of the local community.

Together with national frameworks and empirical research, this community consultation led to the creation of our three strategic priorities:

- Maximise local employment and skills development.

- Make a measurable improvement to our communities’ health and wellbeing.

- Enhance community cohesion between local stakeholders.