Introduction from Mike Quinn
We recognise that our stakeholders care not only about financial performance but also about our environmental, social and governance (ESG) performance.
We know that companies with leading or improving ESG scores perform better than their peers with poor or worsening standards and this is why I am delighted to be able to share with you our continued work in this area, via our ESG report for 2022.
Over the last year, we have continued to integrate ESG into our business strategy. We understand that those invested in our company want to know how we are responding to macro-economic trends, how we identify ESG risks and opportunities and how we are positioning ourselves for long term success.
We understand that promoting ESG in our workplaces can boost employee productivity and well-being, whilst attracting and helping us to retain talent. This enables us to build our reputation as an employer of choice.
As we work towards a global consensus on reporting standards, we find that aligning ourselves to various global and regulatory frameworks helps us make more consistent, comparable, and reliable strategic decisions.
We are aware that we are a high energy consumer and therefore I am pleased to report that in 2022 we reduced our energy consumption by more than 9% and we expect to do the same again in 2023. In addition, we are on track to meet our objective of ensuring that no waste goes to landfill by the end of 2024. People are at the heart of what we do. Our investment in people was further illustrated by the appointment of a Chief People Officer.
We aim to nurture a creative, productive, and fun work environment whilst ensuring that everyone goes home safe. With this in mind we have introduced a global recognition scheme, recognising those people who go the extra mile while exemplifying our values of Excellence, Commitment, Integrity, and Teamwork. In 2022 we also rolled out our advanced leadership development programme recognising and developing the talent within our business.
We understand that our business benefits from having a strong governance, risk and compliance programme that helps us to minimise the threats and risks that companies are exposed to on a daily basis. 2022 saw us continuing to enhance governance with greater focus on IT security, a global refresh of business rules, policies, and guidelines and the introduction on an online learning management tool which will enable us to track employees’ training. We also renewed our risk frame work and appetite ensuring we are well placed to meet business challenges.
Chief Executive Officer