Throughout 2019 to 2021 RealWorth supported Transport for London (TfL) in developing a set of Key Performance Indicators (KPIs) for its newly published Sustainable Development Framework (SDF). This began an optimisation brief pilot for assets and amenities around TfL development sites. The intention was to provide guidance and resources to prospective developers to produce site-specific guidance and advice and to conform to TfL’s expected and desired standards. Later the Optimisation Brief concept evolved into a KPI system and was named the SDF.
RealWorth reviewed the KPIs for three themes within the framework – Social Cohesion, Vibrant Places and Liveable Communities – and later wrote guidance notes for how to achieve good and best practices for each RealWorth-recommended KPI.
RealWorth contributed 6 KPIs to the total set of over 97
Developers that wish to bid for projects on TfL land will be required to set targets and meet those targets. Applying these KPIs to new developments on TfL land will provide wider social benefits for the community and provide value beyond direct financial returns. RealWorth is currently preparing guidance notes for each of the prepared KPIs. Preferred developers for projects will follow these guidance notes to achieve each KPI.
In Spring 2021 it was announced that the SDF got the highest possible score of 5 stars from GRESB. It also ranked 1st in the UK and 4th in Europe of all GRESB evaluations in 2020.
