case studies - Dresser-Rand

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OUR APPROACH TO SUSTAINABILITY 4 DRESSER-RAND Sustainability provides a framework for understanding emerging trends, viewing the world holistically and understanding how these emerging trends in society, technology and energy resources should influence our business decisions. By 2050, the world’s population is expected to grow from nearly seven billion to more than nine billion people. Most of this population growth will occur in developing countries. As the world’s population grows, the demand on all energy resources will increase. Even as the United States establishes global goals to achieve 20% of its energy coming from renewables by 2030, fossil fuels will remain the prime source in its energy basket through 2050. And with 75 years of oil and 130 years of natural gas available to us, these natural resources will be sufficient to meet the energy demand and growth of the developing countries into the future. Dresser-Rand supports the prudent development of our oil, gas and coal natural resources. Investment in technologies that enhance the efficiencies of our clients’ operations and lower carbon intensity are aligned with our sustainability principles. Therefore, we believe we can support sustainability by investing in advanced technologies and improving our core products and services. Also, we continue to position Dresser-Rand in expanding our support of environmental solutions, emerging renewables technologies and alternative energy markets. We do this by using a diligent approach to innovation and investing in new and emerging technologies. We continue to build upon our sustainability principles and values by following a business approach that deals with sustainability issues that intersect with our value chain. This presents opportunities for shared value with our clients that are also important to our stakeholders and the greater societies where we operate. OUR SUSTAINABILITY PRINCIPLES • Maintaining the highest standards of business ethics, governance, integrity, and safety • Embracing opportunities and managing risks deriving from economic, environmental and social developments • Responsibly using material and energy resources • Providing environmental solutions with economic value for our clients • Addressing issues of consequence to our stakeholders with sustainable business practices • Developing technologies, products, and services that bring energy and the environment into harmony • Investing in the development of our employees and the communities where we operate • Creating long-term stockholder value through sustainable processes, products and services By including our suppliers and clients across our value chain, and engaging our employees and the communities in which we operate, we can identify and provide solutions that create long-term stockholder value through sustainable products and services that benefit society. The future of energy demand presents an array of challenges, and we look forward to the opportunities that come with it. Brad Dickson Vice President, Chief Marketing Officer
OUR SUSTAINABILITY PRINCIPLES EMBRACE ISSUES RELATING TO ENVIRONMENT, SOCIETY AND GOVERNANCE SOCIETY People Localization Health and Safety Community Suppliers Diversity Labor Relations Philanthropy ENVIRONMENT Climate Change Facility Efficiency Technology Product Efficiency Material Conservation Waste and Recycling Water Conservation SUSTAINABILITY AT DRESSER-RAND GOVERNANCE Policies Board Oversight Compliance Guiding Principles Internal Committees ECONOMIC IMPACT: By operating responsibly, we improve our economic standing by decreasing risks and enhancing our attractiveness to stakeholders OVERVIEW CORPORATE SUSTAINABILITY REPORT 5
Page 2 and 3: DRESSER-RAND AT A GLANCE Dresser-Ra
Page 4 and 5: REVENUE BY BUSINESS SEGMENT 47% New
Page 6 and 7: TO OUR STAKEHOLDERS Dresser-Rand is
Page 10 and 11: STAKEHOLDER ENGAGEMENT • ANNUAL M
Page 12 and 13: 8 DRESSER-RAND ❮ CLIMATE Innovate
Page 14 and 15: SECTION 1 ENVIRONMENT Bringing ener
Page 16 and 17: ADDRESSING CLIMATE CHANGE Innovate
Page 18 and 19: DRIVING EFFICIENCY IN OUR CLIENTS
Page 20 and 21: OPERATIONAL EXCELLENCE IN OUR OPERA
Page 22 and 23: SECTION 2 SOCIETY Our business succ
Page 24 and 25: LOCALIZATION Dresser-Rand is commit
Page 26 and 27: PEOPLE 22 DRESSER-RAND We achieve c
Page 28 and 29: HEALTH & SAFETY 24 DRESSER-RAND The
Page 30 and 31: COMMUNITY ENGAGING OUR COMMUNITIES
Page 32 and 33: In February 2011, Dresser-Rand empl
Page 34 and 35: USING TECHNOLOGY TO IMPROVE LIVES 3
Page 36 and 37: SECTION 3 GOVERNANCE Dresser-Rand p
Page 38 and 39: OUR APPROACH TO GOVERNANCE BOARD OV
Page 40 and 41: LOBBYING AND POLITICAL CONTRIBUTION
Page 42 and 43: GLOBAL REPORTING INITIATIVE (GRI) I
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