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Mainfreight Annual Report 2022

Mainfreight Annual Report 2022

Mainfreight Annual Report 2022

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52<br />

PEOPLE AND COMMUNITIES Environmental, Social and Governance<br />

53<br />

Approach to Sustainability<br />

Our Impact<br />

<strong>Mainfreight</strong>’s 100-year vision, established in its earliest<br />

days, has been a guiding principle in our commitment<br />

to sustainability. All decisions are made on the<br />

basis that we will be here for another 100 years, and<br />

are aligned with the key concepts of sustainability:<br />

investing in our people and communities, reducing the<br />

environmental impact of our activities, supporting our<br />

customer, supplier and stakeholder relationships, and<br />

developing our growth strategies.<br />

OUR OUTCOMES<br />

RELIABLE supply chain delivery<br />

outcomes for our customers<br />

PROSPERITY for our team and their<br />

families, and our communities<br />

RETURNS for our shareholders<br />

FINANCIAL STRENGTH<br />

to invest in further growth and<br />

development<br />

Our sustainability focus has the<br />

greatest impact on the following<br />

United Nations Sustainability<br />

Development Goals:<br />

HOW WE CREATE VALUE<br />

OUR RESOURCES<br />

FINANCIAL > Strong Financial Position<br />

PHYSICAL ASSETS<br />

NATURAL > Fuel, Water & Solar<br />

SOCIAL STANDING > Community, Brand & Reputation<br />

INTELLECTUAL > Technology & Systems<br />

PEOPLE > Our Team & Culture<br />

OUR OUTPUTS<br />

7,286,572 TONNES of land freight<br />

138,279 TONNES of air freight<br />

424,610 TEU of sea freight<br />

Our team culture means sustainability is not a top-down<br />

directive or bureaucratic process, but is driven from the<br />

ground up, by teams that are empowered to make their<br />

own decisions. It is they who take responsibility to make<br />

their branch, their business, and their world, just that<br />

little bit better today than it was yesterday.<br />

OUR MEANS<br />

10,393 Team Members<br />

NETWORK spanning<br />

25 Countries<br />

305 Branches<br />

Air & Ocean, Warehousing and<br />

Transportation OPERATIONS<br />

Bespoke TECHNOLOGY Platforms<br />

In this Sustainability section and elsewhere in this <strong>Annual</strong><br />

<strong>Report</strong>, we have reported on economic, environmental,<br />

social and governance topics that <strong>Mainfreight</strong>’s<br />

management believes are material to its business and<br />

the communities it operates in. The topic selection is also<br />

guided by feedback from team members, customers,<br />

shareholders, and other stakeholders during the year.<br />

Our Economy, Our Contribution<br />

As a provider of integrated supply chain services,<br />

<strong>Mainfreight</strong>’s global network offers efficient, reliable and<br />

sustainable value for our customers.<br />

By enabling the flow of goods, domestically and<br />

internationally, we connect suppliers to markets and<br />

global consumers to products, which is the basis for the<br />

Company’s ongoing growth and success, and the source<br />

of value for its investors and other stakeholders.<br />

Our Community, Our Dedication<br />

Investment in our business and our people also has a<br />

material impact on environments and communities.<br />

<strong>Mainfreight</strong>’s success in serving our customers is<br />

reflected in the ongoing growth in our business across<br />

the world. We continue to expand and intensify our<br />

network through the development of new depots and<br />

warehouses. This creates opportunities to work with local<br />

communities in the development of our facilities, and<br />

ongoing engagement with <strong>Mainfreight</strong>’s global team.<br />

The investment in our people has the greatest impact on<br />

our communities. <strong>Mainfreight</strong> has long recognised the<br />

benefits of education, training and career development<br />

for its people. Long service to the company is celebrated<br />

and internal promotion is encouraged. The company<br />

believes in sharing its economic value through higher<br />

salaries, educational scholarships and its discretionary<br />

team profit bonus scheme.<br />

Our community focus is also outward facing and we<br />

enjoy supporting a number of educational causes for<br />

those less privileged, across the regions where we<br />

operate as detailed on page 56 of this report.<br />

Our People<br />

Despite the contribution from our assets, infrastructure,<br />

systems and technology it is our people that set us apart<br />

from our competitors. People, who want to make a<br />

difference, are hungry for success and want to be part of<br />

a team that constantly challenges itself to do better.<br />

Our people come first. We challenge the status quo<br />

and we look after each other. We share our success –<br />

through our profits – with both our shareholders and our<br />

team. We have a transparent, team-driven approach to<br />

reaching our targets and then lifting them.<br />

<strong>Mainfreight</strong> has a ‘promote from within’ philosophy,<br />

which means we are committed to developing the<br />

individual strengths of our people.<br />

Training and education are critical to our success.<br />

Parallel to the on-the-job learnings are global leadership<br />

development programmes and succession plans<br />

for leadership roles at all levels, in all regions, of our<br />

business. Succession planning, ongoing development<br />

and promotion from within means our people are quite<br />

literally our future.<br />

<strong>Mainfreight</strong> is committed to diversity and equality in all<br />

areas of its operations, and the Group’s Diversity Policy<br />

is available on our website. The supply chain industry<br />

has historically been male dominated, but we continue<br />

to see promising developments both in the makeup of<br />

our workforce and in the number of females in Branch<br />

Manager roles, now at 54 (53 at the same time last year).<br />

However we recognise we need to do better in this regard.<br />

Our Future<br />

Regardless of the challenges we meet today and those<br />

that emerge in the near and more distant future, our<br />

commitment to sustainability is inherent in our 100-year<br />

vision. We will continue to explore and invest across all<br />

aspects of sustainability that impact our organisation, our<br />

people, our community and our environment.<br />

Our Environment, Our Commitment<br />

We harbour no illusion of the impact global supply<br />

chains have on climate change particularly greenhouse<br />

gas emissions and global warming.<br />

Yet sustainability is nothing new for <strong>Mainfreight</strong>, many<br />

of our largest emissions sources represent significant<br />

operating costs and we manage them intently, every day,<br />

in every branch.<br />

<strong>Mainfreight</strong> is trusted to move goods in far more<br />

sustainable ways than would otherwise be accessible<br />

to our customers – utilising our modern fleet, our<br />

investment in infrastructure around sea and rail, our<br />

ability to consolidate freight and minimise empty<br />

running, and our technology and delivery reliability (to<br />

minimise stock accumulation and obsolescence).<br />

Climate Change<br />

In this annual report, we welcome the opportunity<br />

to present our global emissions inventories. Data is<br />

provided for the 2021 and 2020 calendar years.

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