Corporate Responsibility (PDF 117 KB) - Finning International Inc.

THE
FINNING
COMMITMENT
Our commitments
to our employees, our
customers, and our
shareholders are rooted
in Finning’s core values.
To our employees:
We will foster a workplace where
people’s actions are guided by: caring
for each other’s safety and well-being,
communicating openly, taking responsibility,
empowering and trusting one another, and
doing our best.
To our customers:
We will provide the best solutions
and value.
To our shareholders:
We will deliver top quartile
shareholder returns.
OUR VALUES: We Care. We Communicate. We Take Responsibility. We Empower. We Trust. We Do Our Best.
28
Finning Service Depot, Santiago, Chile

corporate responsibility
At Finning, we believe that our company’s
core values form the foundation on which
we have built our track record of success.
Our enduring values and business ethics are
reflected in our company’s commitments
and further reinforced through the Finning
Code of Conduct which guides our
employees’ actions. Inherent in our values
is a strong commitment to minimizing our
impact on the environment, contributing
to communities and maintaining the highest
health and safety standards.
Focus on the Environment
Implementing practices that eliminate
or minimize Finning’s impact on the
environment is a high priority. Our
focus in this area is viewed as a shared
responsibility between each and every
Finning employee and is an important
part of our corporate culture.
As a leading supplier of renewable energy
solutions, Finning plays an important
role in reducing our collective impact on
land, water and climate systems. Over
the past decade, we have developed
extensive expertise in supplying and
servicing power generation systems which
produce electricity using bio-gas containing
methane from landfills, sewage treatment
plants, and coal mines. Harnessing
methane, which would otherwise
be released as a greenhouse gas, to
generate electricity is one example of our
commitment to sustainable development
and environmental stewardship.
Through our investment in OEM
Remanufacturing, a world-class facility
that rebuilds used equipment components
such as engines and transmissions, Finning
reduces waste, saves energy, and decreases
the consumption of raw materials
required to produce new components.
In 2008, Finning joined the Carbon
Disclosure Project (CDP) by becoming
a participant in their annual survey.
The CDP, a not-for-profit organization
representing global institutional investors,
encourages companies to measure,
manage and potentially reduce emissions
and climate change impacts. Our
submission to the 2008 questionnaire
is available on the CDP website, and
we will participate again in 2009.
In the Community
Finning derives great pride from playing
an active role in the communities in which
our employees live and work. Our support
takes many forms, including charitable
contributions through our Community
Investment Program, cultural sponsorships,
and employee giving campaigns. In
addition, Finning is proud to play a vital
role in helping students develop technical
skills and gain practical experience.
In 2008, we extended our commitment
to workforce training by contributing
$1 million to the Northern Alberta
Institute of Technology’s (NAIT) Heavy
Equipment Technician and Industrial Heavy
Equipment Technology program, along
with $1 million worth of equipment. In
South America, we support training and
development in association with local
schools by providing equipment, technical
expertise and practical work experience.
Through our Community Investment
Program, Finning partnered with
various non-profit organizations such
as Junior Achievement and Ronald
McDonald House to meet local needs.
In the U.K., our corporate giving was
primarily focused towards the Lighthouse
Club Benevolent Fund, a charity
dedicated to giving aid and assistance to
construction workers and their families
who suffer injuries or ill health.
Living up to Finning’s deeply-rooted
corporate values, employees companywide
annually demonstrate their
commitment to enhancing the quality of
life for others through various fundraising
initiatives, including a spirited United
Way campaign. Last year, Finning raised
close to $1 million for the United Way
through the joint efforts of employees
and our corporate matching program.
Finning also channeled its community spirit
through various sponsorships, including
our support of the Alpine Canada Ski Team
to further Canada’s quest to become a
world-class alpine ski racing contender.
Highest Safety Standards
Above all, Finning is committed to being an
industry leader in safety. In 2008, our safety
performance as measured by ‘lost time
frequency rate’ improved to 0.38 incidents
per 200,000 man hours worked, which is a
27% improvement compared to 2007 and
among the best safety performances in our
industry. This achievement demonstrates
the high awareness of our safety standards
among all employees and their continuous
efforts to follow the safety procedures.
By continuing to promote a safe working
environment, we aim to reduce the
frequency of injuries and the occurrence
of serious incidents.
Our strong corporate commitment in
the areas of environment and safety was
recognized in 2008 with two awards:
the Rental Environment Award from the
European Rental Awards to Hewden, and
the Silver RoSPA (Royal Society for the
Prevention of Accidents) Occupational
Health & Safety Award to Finning (UK)
and Hewden.
LOST TIME INJURY FREQUENCY (LTI)*
Lost Time Injury Frequency (LTI)
Lost time injuries *Lost per 200,000 time injuries work hours per 200,000 work hours
1.00
0.80
0.60
0.40
0.20
0.78
0.72
0.80
0.52
0.38
0.00
2004 2005 2006 2007 2008
2008 finning international inc.
29