A structured plan and stretching targets: these are what our stakeholders expect of us and what drive tangible benefits to our bottom line. That’s why we launched our vision and strategy in 2011 and our six positive outcomes to guide our work.
We will increase shareholder value through our sector leadership and focus on profit contribution through sustainable efficiencies, value creation and waste elimination.
We will be recognised as the benchmark in sustainability and innovation, in turn driving demand as the service provider of choice for our customers.
We will maximise the prospects of our people by offering opportunities for continual learning and development, and create safe, healthy places to work.
Our leadership in creating employment and skills opportunities, coupled with our understanding of communities‘ needs, will have a significant and net positive contribution everywhere we work.
Our services will help Carillion‘s customers work towards minimising carbon, so together we become the lowest carbon producers in our respective sectors.
We will work with our customers and suppliers to be best in class in reducing waste, managing use of water and raw materials, and protecting biodiversity wherever we operate.
The strategy is owned by our Board of Directors and delivered at all operational levels through tight governance controls. We set clear targets for each of the outcomes, which we review annually. Read more in Targets and performance.
The sustainability initiatives and practices followed across our businesses made a net contribution to profit of £27.2 million in 2014. Our target is to achieve £40 million by 2020. The target is a personal performance measure, linked to remuneration, for our Chief Executive and for the Board. This Key Performance Indicator is reported through monthly trackers, approved by each Business Unit Finance Director. It is built through cost efficiencies which include fuel and travel cost reduction, waste management, lean operational excellence, contract efficiencies and material reuse.View all case studies
At Carillion, our stakeholders include our people, clients, shareholders and investors, supplier partners, charities, industry organisations and people living in the communities where we operate. We use a stakeholder framework to:
We involve stakeholders in developing and reviewing our 2020 sustainability strategy; in deciding which issues to focus on; and in sustainability initiatives through the year (see case studies).Back to top
The following summary is taken from a research note published by Liberum after one of its analysts attended the launch of last year’s sustainability report at Battersea Power Station, where Carillion is building the first phase of this major redevelopment.
Impressive site visit to Battersea Phase 1 Construction project. Potentially more to come. Sustainability clearly helped Carillion win the bid. We also believe that Carillion has had a strong period of contract news and is gradually moving up the value chain.
The site visit coincided with the launch of Carillion’s sustainability report. It is easy to be cynical about this. However, having spoken to the customer, sustainability was very important to the customer, as it was at the Royal Liverpool.”
The new Royal Liverpool Hospital is a Public Private Partnership Project being delivered by Carillion.View all case studies
In 2014, we conducted our first materiality review to understand our stakeholders’ most significant priorities and report on what matters to them. The independent review included workshops, interviews and an international online survey for employees, clients, governments, investors, suppliers, community groups and sustainability organisations.
We received 360 responses to our online survey. The majority (80%) of responses were from employees, and most of these were based in the UK. We will be looking to diversify this going forward. Some of the most material issues identified were:
The materiality review also included eight in-depth interviews with key clients across both commercial and public sector contracts. They told us that:
The Materiality Review was reviewed in depth by our Integrated Management Strategy (IMS) teams across the business units, and by Carillion’s Group Sustainability Committee – which then helped to inform and determine the content of this report, as well as re-focusing sustainability priorities, targets and challenges.
Further to the Group process, in 2015 we will be undertaking focused stakeholder engagement to further understand the most important issues across our regions, starting with a materiality review in Canada.Back to top
Carillion plc, Company No. 3782379. Registered Office: Carillion House, 84 Salop Street, Wolverhampton WV3 0SR. Place of Registration: England and Wales
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