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Punch Taverns plc 2007 Annual Report and Financial Statements

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Our ‘NITA’ award winning retailer induction programme,<br />

‘Modern Licensed Retailing’, <strong>and</strong> our ‘Profit Through Quality’<br />

course, continue to dominate our retailer training programme<br />

with over 13,250 training days held in the year.<br />

This year we have been short-listed for Professional Trainer<br />

of the Year, Best Development Programme in non Managed<br />

estates <strong>and</strong> Best Area Manager / BDM Development Award.<br />

We are committed to communicating openly with our retailers<br />

in terms of the level of support that we offer them <strong>and</strong> in their<br />

obligations in working in partnership with us. We are proud that<br />

in the last year our new Retailer Charter was one of the first pub<br />

company charters to be accredited by BIIBAS, the British Institute<br />

of Innkeeping Benchmarking Accreditation Services. The Charter<br />

covers all aspects of our relationship with them, from the routes<br />

to applying for a pub, how the rent review process works, to<br />

how to transfer their agreement.<br />

We continue to recognise best practice in our leased estate<br />

through our retailer reward <strong>and</strong> recognition programme, the<br />

Shine awards. We launched this year’s programme at the end<br />

of the financial year.<br />

Environmental responsibility<br />

We underst<strong>and</strong> that businesses account for around 40% of the<br />

UK’s carbon emissions <strong>and</strong> we recognise the environmental <strong>and</strong><br />

business benefits of reducing energy consumption. This year we<br />

have worked closely with the <strong>Annual</strong> Carbon Disclosure Project<br />

to improve our carbon footprint across the whole supply chain,<br />

with the intention of an estimated carbon base reduction of<br />

17% by 2010.<br />

This year we have made good progress. In January we appointed a<br />

Carbon Manager, whose role is focused on; reviewing our energy<br />

consumption, underst<strong>and</strong>ing our carbon usage, quantifying our<br />

impact on the environment <strong>and</strong> implementing new initiatives to<br />

reduce our consumption in our Spirit managed pubs. At the same<br />

time the Carbon Manager will also make sure the lessons we have<br />

learnt are applied across our leased estate.<br />

We ran trials across 51 of our pubs, which had ‘smart metering’<br />

installed. These smart meter systems offer a real time view of<br />

water, electricity <strong>and</strong> gas consumption. Results will then be<br />

analysed to identify exactly where savings can be made before<br />

the scheme is extended to other Spirit pubs later this year. <strong>Punch</strong><br />

has invested £133,408 in energy saving solutions, such as<br />

improved insulation, more efficient boilers, heating controls <strong>and</strong><br />

low energy lighting.<br />

Managers attended green workshops to learn more about<br />

energy efficient business practices <strong>and</strong> prepared energy<br />

reduction action plans for their individual pubs.<br />

Initial trials over 51 pubs continue to show savings above the<br />

levels previously reported. This has been driven by behavioural<br />

change activity, Automated Metre Readers (AMRs) installation<br />

<strong>and</strong> improvements in lighting <strong>and</strong> controls. Lessons we have learnt<br />

in the managed side of the business from the trials will be shared<br />

across the leased operation. Our effort in this area is helping us<br />

to prepare for future legislation in regard to carbon emissions.<br />

We have also reviewed our energy consumption across our head<br />

office locations in Burton upon Trent. In June <strong>2007</strong> we held our<br />

first Green Week, which was supported by the Carbon Trust <strong>and</strong><br />

the environmental consultancy company Enviros. During Green<br />

Week we implemented a number of carbon friendly<br />

programmes across the Group.<br />

In January <strong>2007</strong> the Spirit managed business was short-listed<br />

for the Environment Agency Water Efficiency Awards <strong>2007</strong> in<br />

the leisure <strong>and</strong> tourism category.<br />

The award recognised organisations that lead by example in<br />

cutting down on the water they use.<br />

Neighbour responsibility<br />

We encourage all of our retailers <strong>and</strong> Pub Managers to build<br />

good relationships with their neighbours as we underst<strong>and</strong><br />

that whilst a pub is an important part of the local community,<br />

it operates in close proximity to residential properties.<br />

We investigate any neighbourhood concerns through our<br />

Operations team <strong>and</strong> encourage our operators to consult<br />

with their neighbours through attending Residents<br />

Association meetings.<br />

We have a documented process for responding to complaints<br />

from members of the public <strong>and</strong> we h<strong>and</strong>le all complaints<br />

sensitively <strong>and</strong> with respect. Most issues tend to be resolved<br />

quickly through encouraging dialogue between our Operations<br />

team at a local level. Our reputation as a pub company depends<br />

on developing good relationships with our customers,<br />

neighbours <strong>and</strong> local residents.<br />

1. Sarah Johnstone NITA Award winner:<br />

‘Best Development Programme –<br />

leased estate’.<br />

2. Deborah Kemp <strong>and</strong> Karen Caddick<br />

launch our ‘Green Awareness Campaign’.<br />

3. Andrew Knight addressing the<br />

Spirit Conference.<br />

3<br />

<strong>Punch</strong> <strong>Taverns</strong> <strong>plc</strong> <strong>Annual</strong> <strong>Report</strong> <strong>and</strong> <strong>Financial</strong> <strong>Statements</strong> <strong>2007</strong> 15

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