Sustainability framework and context
Murray & Roberts is integral to the societies
within which it operates. It is influenced by
society and the environment and through its
business activities has an impact on society
and the environment. As a consequence,
the sustainability of Murray & Roberts and
the delivery of sustainable earnings growth
and value creation is dependent on:
- accepting appropriate opportunity and risk
- effective management of opportunity and risk
- world class operations
- engaged employees and productiveassets
- minimising the impact of our operations on society and the environment
Murray & Roberts
aspires for zero
harm in all aspects
of its business –
its people, partners
and clients,
the natural
environment
in which it operates
and society
in general.
Murray & Roberts has adopted the following sustainability framework to guide its approach to
sustainable development:
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Social |
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Environmental |
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Ethical |
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- Health & safety
- Employees
- Transformation & local
economic development
- Community development
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- Resource efficiency and carbon footprint
- Emissions, releases
and waste
management
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- Human rights
- Unfair discrimination
and equality
- Fraud, corruption
and anti-competitive
behaviour
- Unfair business
practices
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Economic sustainability |
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Sustainable earnings growth & value creation |
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Stakeholder Engagement |
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The economic sustainability of Murray &
Roberts is dependent on its ability to minimise
its impact on the societies within which it
operates and the natural environment and
to undertake its operations in an ethical way.
The ability to apply the appropriate resources
to minimise our impact is equally dependent
on the sustainability of our earnings.
The issues considered and reported on
have been identified through a high level
internal process of engagement across
the business to determine what would
substantively influence the performance of
Murray & Roberts and the assessments and
decisions of stakeholders. Murray & Roberts
will during the course of the next financial
year assess its process for reviewing material
issues and engage key stakeholders to
comment on risks and opportunities that may
be associated with the Group’s social,
environmental and ethical behaviour.
Our sustainability report has been written
in accordance with the Global Reporting
Initiative (GRI) G3 Sustainability Reporting
Guidelines and the King Code of Governance
Principles for South Africa 2009 (King III).
Continuous improvement in reporting
systems and measures is undertaken to
present useful and accurate information.
The data provided is derived from the
Group’s many operations around the world, and, in some cases, grouped data is not
strictly comparable. To further improve the
data collection process and ensure
comparability year-on-year, the Group will
employ independent assurance for the next
sustainability report.
The audit committee will oversee the
integrated report, including the sustainability
report, in the 2011 financial year. The audit
committee will review a summary of the GRI.
This sustainability report encompasses the
performance of operating subsidiaries that
generate sustainability impacts and over
whose operating policies and practices
Murray & Roberts exercises control or
significant influence. The report includes
Clough, which has an independent board
of directors. Information on Clough’s
sustainability approach can be obtained
from www.clough.com.au.
Statistics in this report cover the 12 month
period to 30 June 2010. Past sustainability
reports are contained in previous annual
reports available on www.murrob.com.
A GRI index is included at the end of the
sustainability report for ease of reference.
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