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Sustainability Report 2011 - Balfour Beatty Rail

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Managing sustainability<br />

What matters most<br />

in our reporting<br />

In 2009 we introduced a materiality process to help us prioritise which<br />

issues we should be focusing on most in our sustainability reporting.<br />

The issues in <strong>2011</strong> remained broadly the same and are reflected<br />

in this year’s report. We will undertake a further review of what<br />

matters most during 2012 when we refresh our sustainability<br />

vision and roadmap.<br />

Why this is matters to us<br />

Our values, ethics, sustainability and safety programmes touch<br />

every aspect of our business. These issues are complex and all<br />

pervading. In order for our reporting to be effective, we need<br />

to identify which of the issues in our sustainability roadmap,<br />

ethics programme, approach to safety, development of our<br />

people and community programmes are most important from<br />

a materiality perspective. Those issues considered to have the<br />

greatest impact on our business are then given greater weight<br />

in the report narrative.<br />

Materiality – focusing on what matters<br />

In 2008, horizon-scanning techniques were used to help identify<br />

the issues to address in our 2020 vision and roadmap.<br />

For further details on our Global issues go to<br />

P14 for more information<br />

In early 2010 we held a series of in-depth workshops to consider<br />

what additional issues should be included for our sustainability<br />

reporting. Members of the executive team and other senior<br />

managers took part in these workshops to help prioritise the<br />

issues we should give most weight to our sustainability reports.<br />

A list of issues, drawn from our previous reports and our<br />

sustainability vision were filtered in two workshops: the first<br />

explored the significance of issues to stakeholders, with the<br />

second examining each issue’s potential to affect our ability<br />

to deliver our strategic ambitions.<br />

The stakeholders considered were investors, employees,<br />

customers, government, Non-Governmental Organisations,<br />

local communities, media and suppliers. Participants assessed<br />

stakeholders’ interest in how we manage each issue, enabling us<br />

to filter the issues by their relevance to stakeholders. In considering<br />

stakeholder views, we discussed what we believed were the views<br />

of stakeholders from existing knowledge within the business.<br />

We did not consult stakeholders directly in this assessment.<br />

Participants also considered an issue’s potential to help or harm<br />

the business, filtering them according to the perceived depth of<br />

impact, the likelihood of impact and the timeframe of impact<br />

(before or after 2020).<br />

These workshops highlighted nine topics particularly material to<br />

our business for reporting purposes. See the diagram opposite. To<br />

go direct to these sections of the report, click on the relevant box.<br />

The materiality process was reviewed in early <strong>2011</strong> and we felt<br />

this process remained valid a year on.<br />

16<br />

Water is not yet a priority issue, but we believe its potential impact<br />

and significance to stakeholders continues to increase. We also<br />

believe that the importance of ecology will grow in future and have<br />

engaged the UK Government on this topic during the past year.<br />

The additional issues considered in our materiality workshops are<br />

listed below. Coverage of these issues is dealt with in less detail<br />

than our material issues. Click on the links against these issues to<br />

take you either to the relevant section of this sustainability report<br />

or the Annual <strong>Report</strong> and Accounts.<br />

• Supplier relationships (see our Supply chain section)<br />

• Employee engagement (see our Engaging with our stakeholders<br />

section) (see our Engaging our people section)<br />

• Community engagement (see our Community engagement and<br />

investment section)<br />

• Community investment (see our Community engagement and<br />

investment section)<br />

• Protecting ecological resources (see our Ecology section)<br />

• Pensions (see our Annual report)<br />

• Materials lifecycle management (see our Materials section)<br />

• Water management (see our Water section)<br />

• Employee health and wellbeing<br />

(see our Wellbeing and absence section)<br />

• Incentives for non-financial performance (see our Annual report)<br />

• Diversity (see our Managing our diverse workforce section)<br />

• Turnover and absence (see our Wellbeing and absence section)<br />

• Local employment (see our Supply chain section)<br />

• Migrant workers (see our Wellbeing and absence section)<br />

2010 Workshop Attendees<br />

• Andrew McNaughton, Chief Operating Officer<br />

• Andy Rose, Group Managing Director (Engineering and Safety)<br />

• Mike Peasland, CEO Construction Services UK<br />

• Paul Willis, Head of HR<br />

• Paul Stead, Group Safety Health and Environment Manager<br />

• Andrew Hayward, Head of Compliance<br />

• Duncan Murray, Director of Corporate Communications<br />

• Jonathan Garrett, Group Head of <strong>Sustainability</strong><br />

• Hannah James, Senior Corporate Communications Executive<br />

Our plans for 2012<br />

During the refresh of our roadmap in 2012, we will undertake<br />

a comprehensive materiality review to check that the issues we<br />

have identified as material remain valid and what changes (if any)<br />

are required to focus on what matters in our future reporting.<br />

<strong>Balfour</strong> <strong>Beatty</strong> <strong>Sustainability</strong> <strong>Report</strong> <strong>2011</strong>

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