Commentary - Santos
Commentary - Santos
Commentary - Santos
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Corporate Governance<br />
(continued)<br />
Diversity objectives and progress<br />
Objective<br />
1. Representation<br />
Increase representation of females and<br />
Aboriginal employees at <strong>Santos</strong>. In<br />
particular, increase representation in the<br />
non-traditional areas such as apprentices,<br />
trainees and graduates.<br />
2. Leadership and culture development<br />
Deliver development solutions to remove<br />
gender bias and create an inclusive culture.<br />
3. Personal and career development<br />
Equal representation of women and men to<br />
receive opportunities for in-house<br />
development programs.<br />
4. Systems and processes<br />
Review practices to identify inequities,<br />
specifically review gender pay equity and<br />
take necessary actions.<br />
Initiatives and progress<br />
• A 2% increase in the overall number of female employees was achieved. 27% of <strong>Santos</strong>’<br />
workforce is now female.<br />
• Hiring practices and leadership coaching focused on removing gender bias has resulted in<br />
34% of new hires being women in 2012 compared with 27% representation across <strong>Santos</strong>.<br />
• The <strong>Santos</strong> Graduate Program continues to drive gender balance in the engineering and<br />
geoscience pipeline, with 42% of graduates employed in 2012 being female.<br />
• <strong>Santos</strong> has increased Aboriginal workforce participation in the energy and resources sectors<br />
through creation of 137 employment, education and training opportunities within <strong>Santos</strong><br />
and its contractor companies, of which 81 were created in 2012. A further 135 opportunities<br />
have been created within the GLNG Project. Roles created include cadetships, traineeships<br />
and apprenticeships.<br />
• The Code of Conduct was re-launched in 2012. In conjunction with that re-launch,<br />
EEO, workplace harassment and bullying legislation regulations were reinforced by increased<br />
training to over 98% of employees.<br />
• Workforce flexibility policies and practices have been reinforced and <strong>Santos</strong> had a 100%<br />
return rate of employees from parental leave.<br />
• Diversity awareness tools were embedded into leadership development programs to ensure<br />
that the drive for diversity is part of the overall <strong>Santos</strong> system.<br />
• Female representation at the Company’s in-house development programs increased by 18%,<br />
and female participation at technical development programs increased by 14%.<br />
• The company-sponsored MBA program continued to drive the development of women in<br />
management positions and strengthen their networks. In 2012, 26% of participants in the<br />
MBA program were female.<br />
• Personal development programs such as confidence building and resilience tools were<br />
introduced to assist employees with their ability to manage work/life balance challenges.<br />
• Policies have been reviewed, updated and communicated as outlined above in relation to<br />
Diversity Objective 2.<br />
• Service providers are measured on their ability to provide diverse and gender balanced<br />
candidate pools.<br />
• Recruitment practices have been upgraded to ensure we seek and attract a more diverse<br />
candidate pool for trade and technical/science-based positions.<br />
• Improved reporting systems to track participation in indigenous recruitment and<br />
development have been implemented.<br />
5. Government and industry<br />
participation.<br />
Involvement with initiatives designed to<br />
improve gender equity.<br />
• The pay equity review process is conducted on an annual basis. This year’s review continued<br />
to highlight that there was no significant difference in pay levels for male and female<br />
employees in similar roles.<br />
• <strong>Santos</strong> continued its involvement with the Gender Equity Project (GEP), an initiative driven<br />
by Melbourne Business School and industry partners to produce research and interventions<br />
that will drive awareness and improvement in gender balance across the country.<br />
• <strong>Santos</strong> continues to support industry and community initiatives designed to improve gender<br />
equity including Women in Resources South Australia, Boardlinks, Women on Boards and<br />
Australian Institute of Company Directors programs.<br />
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