Reducing our collective environmental footprint and working towards the principals of the circular economy are under-pining themes for the London Riverside BID in this third term. Government policy, technology and supply chains are changing at an accelerated rate and we see our role as communicating good practice and bringing to our Members businesses new thinking, resources and support. This will include legal and compliance issues, as well as industry and business intelligence to improve performance.
Investment to date
This is a new core pillar for our third term and an ongoing responsibility for all our Members.
In 2020 we secured £250,000 of Good Growth Funding to introduce a public amenity at the southern end of Ferry Lane to provide a usable outdoor space for staff to take breaks and enjoy nature.
The plot of land adjacent to the River Thames, will be transformed for public use, with planting, seating and a covered area so it is usable all year round.
It will be available for everyone to enjoy, including walkers along the Thames Path, visitors to the RSPB Rainham Marshes and local communities.
Local flora and fauna will be enhanced, with a design that respects the wildlife already so abundant in the area and encourages endangered local species such as the Shrill Carder Bee
Additional priorities this term
Identify and bid for funding streams to finance further green and clean projects in the BID area
Collaborate with Havering Council, the GLA and relevant stakeholders to deliver cost saving initiatives to businesses, such as grants for EV charge points
Identify and introduce business support programmes that widen understanding and prepare business owners to make ongoing sustainable business decisions that enhance performance. These will include topics such as:
- Procurement and supply chains
- Technology and automation
- Data management
- waste management
- Sustainable product and service design
- Meeting future compliance and legal requirements