Our values underpin who we are and what we do.
We are committed to the interests of our residents and partners; living up to that commitment is at the heart of what we do and central to our decision-making.
By working together and drawing on our skills, knowledge and experience, we are stronger and more effective in everything we do.
We aim to do the right thing, respecting our residents, partners and colleagues, and balancing our ethical, social and financial responsibilities.
We constantly challenge the way we do things, making plans for the future and aiming to deliver more.
Our new strategy was launched last year and aims to grow our organisational strength in order to continue fulfilling our purpose in the years to come.
We will remain a social business, dedicated to providing good quality social rented homes to people in housing need, because we believe strongly that truly affordable homes can help people on low incomes to be more independent.
Based on our own experiences and the extensive research we’ve done, we know that social rents can help people on low incomes find a way off benefits. For that reason, we made a commitment not to convert any more of our social rent homes to Affordable Rent, as social rent represents a vital asset for society as a whole.
As a business, we aim to be independent; we will continue to build even stronger relationships with local and national government, but we recognise that responsibility for our business and our residents' homes rests with us.
This requires us to remain a financially strong and efficient organisation, combining our social ethos with a forward-thinking commercial mindset.
In light of the recent Budget announcements, we are currently reviewing our strategy and our business plan to ensure they remain fit for purpose.
We work in the south and south west of England, where demand for homes far exceeds supply. We're taking steps to reduce the area in which we work, aiming to deliver an even better local service to residents in a core area, and focusing our effort and investment where we can make the greatest difference.
We believe that every Sovereign employee has a crucial role to play in achieving our social purpose, and so we strive to be an employer of choice, attracting, retaining and developing the best talent.
We invest in our workforce to make it possible for them to succeed; motivated and committed employees deliver a better service for our residents and communities.
This investment has translated into high employee engagement scores and has been recognised by the Investors in People Gold Standard.
We also know that a diverse and inclusive culture is crucial to a successful organisation. We aim to integrate equality and diversity into business thinking and create a culture of inclusion - all of which will help us to improve the services we provide our residents.