Hargreaves Group appoints William Hill to its newly formed Investment Committee

Hargreaves Group announces the appointment of William Hill to its newly formed Investment Committee.

The newly formed investment committee has been created to streamline the acquisitions and capital expenditure process as the group look to double the value of their portfolio from £400m to £900m over the next 10 years. William Hill, who has a strong interest in sustainability, having recently completed a course of study at Cambridge Institute of Sustainable Leadership in sustainable finance and sustainability in real estate, will also join Hargreaves ESG Working Group to ensure the team are accountable for the delivery of their ESG strategy.

William Hill qualified as a Chartered Surveyor with Drivers Jonas in 1985. He left in 1989 to join Schroders and became head of its real estate investment division in 1991 where he successfully grew the business to over £10 billion of assets under management. In November 2013 Hill left Schroders to set up his own consultancy business.

William Hill’s other previous roles include being Chairman of Mayfair Capital, Chairman of the Association of Real Estate Funds, and master of the Worshipful Company of Chartered Surveyors.

Alongside his work with Hargreaves, Hill is also a non-executive chairman of Ediston Property Investment Company plc, a Uk Reit, a Board member of Old Oak Park Royal Development Corporation and chair of its planning committee and has recently been appointed as senior non-executive director of AREF.

Alastair Skinner, Managing Director Hargreaves Group comments: “The formation of the investment committee and promotion of Simon Vlok to asset manager will advance our in-house capabilities and efficiencies as part of our ambitious growth strategy. We are delighted to have attracted someone of William’s calibre to this newly formed role as we ready the business for growth. William’s wealth of expertise will be hugely valuable as we embark on the next stage of strategy and indeed the next chapter for the Hargreaves Group.”

William Hill comments: “I am delighted to be joining the Hargreaves Investment Committee and being part of their exciting journey ahead. The quality and calibre of the team, governance and business structure stands out and I am very much looking forward to supporting the business with its ambitious expansion plans”

2022-02-17T12:28:27+00:00

Objective	Target Year
Establish an ESG working group	Established
Develop a website section disclosing ESG strategy and progress	Completed
All new developments must be sustainable developments	Annual
Implement a process for regular asset-level performance review	2024
Set minimum standards for major development and refurbishments	Completed

Objective	Target Year
Integrate Wellbeing Principles into new development or refurbishments	2024
Establish biodiversity net-gain objectives for new developments	Completed

Objective	Target Year
Maintain zero waste to landfill (controlled assets)	Annual
Complete waste audits to identify improvement opportunities	Completed
Establish a process to gather waste data for developments	Completed
Reduce like-for-like waste generation by 5% for controlled assets	2025
Increase recycling rate by 50% for controlled assets	2025

Objective	Target Year
Procure 100% renewable electricity certified	Completed 2022 / Ongoing
10% reduction in like-for-like energy use for controlled assets	2025
100% actual data for all managed sites	Completed
Annual full GHG emissions assessment	Annual
Develop a Science-based Target (SBT) / net zero	Completed 2022 / Ongoing
Achieve a minimum Building Energy Rating – B EPC for all assets	2030
Develop asset-level roadmaps for reducing GHG emissions	Completed
25 EV charging points installed and facilitated	2025

Objective	Target Year
Maintain a gender balance across teams (long-term)	2025
Establish a fund to support training with professional bodies	Fund Established
Establish an annual volunteering day supporting local community	Annual
Partner and support local community groups and charities	Annual