Cosalt Marine We provide inspection and maintenance services for ...

Business review
Environment
Caring for the environment is an integral part of our business
strategy. We endeavour to achieve a high standard of
environmental performance and to make a positive contribution
to society through our products.
Our policy is to:
• Comply with environmental legislation, regulations and other
codes of practice (such as industry initiatives) adopted by
the company and plan ahead for future requirements;
• Monitor, evaluate and continuously improve environmental
performance;
• Respond to the needs and concerns of local communities;
• Strive towards sustainability, balancing today’s needs with
those of the future;
• Improve employee awareness of environmental issues and
encourage the sharing of experience and expertise amongst
our businesses;
• Minimise any adverse environmental impacts of the
company’s activities;
• Aim to conserve resources by reducing waste and by
recycling of materials wherever this is appropriate and
economically practicable.
This policy is intended to provide the framework for setting and
reviewing environmental objectives and targets. It is applied as
the minimum standard across our business. Where businesses
identify a need for additional, more stretching requirements,
they are encouraged to build upon this policy. This helps us
to maintain standards without restricting the development of
any division.
Social and Community
The Group’s businesses support a range of charitable and
community projects consistent with the Company’s interests.
Cosalt has conducted business in Grimsby since its formation
in 1873. In recognition of that and in order to assist the local
community, a local education project, the Havelock Academy,
is sponsored by David Ross, a Non executive Director of
Cosalt plc.
Our responsibilities
Health and Safety
This Policy is applicable to all Divisions and locations
of Cosalt plc.
The statement will be complemented by further Divisional
Health and Safety Policy Statements and Divisional
arrangements for Health and Safety.
The Company is committed to providing and maintaining
a working environment and practices which are safe, without
risk to health and afford due consideration to the welfare of
employees and other persons who are or may be affected
by Company activities.
The Company Policy will be implemented through:
Ensuring that Divisional Health and Safety Policy
and Arrangements for Health and Safety are in place,
communicated, understood and implemented effectively.
Provision and maintenance of safe work locations, facilities,
plant and equipment.
Ensuring that a safe working environment and safe systems
of work are in place.
Ensuring the provision of adequate training, instruction and
supervision for all employees in respect of Health, Safety,
Welfare and general systems of work.
Ensuring controlled safe practices are in use for the handling,
storage, processing and movement of materials and goods.
Periodic review of policy, procedures, practices and statistics
to ensure acceptable standards are maintained and to further
reduce Health, Safety and Welfare risks where appropriate.
Compliance with relevant Health, Safety and Welfare Legislation
and Codes of Practice.
All employees are reminded that their co-operation in achieving
the objectives of this and other Divisional policies for Health and
Safety is essential and that there are legal obligations on them.
The Board of Directors shall appoint a Company Health and
Safety Manager to assist Divisional Management with the
implementation of this Policy and to report upon its
effectiveness.
The Board of Directors shall consider on a regular basis
the implementation of this Policy and any other Health and
Safety matters as may be brought to their attention. Where
deemed necessary, the Board of Directors shall instigate
appropriate corrective actions through Divisional and/or
Safety Management and shall further ensure that such
actions are effective.
Cosalt plc Annual report & financial statements 2008
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