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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:

 
Integrated report
           
 
Social
 
Environmental
 
Ethical
 
  • Health & safety
  • Employees
  • Transformation & local economic development
  • Community development
 
  • Resource efficiency and carbon footprint
  • Emissions, releases and waste management
 
  • Human rights
  • Unfair discrimination and equality
  • Fraud, corruption and anti-competitive behaviour
  • Unfair business practices
   
 
Economic sustainability
 
Sustainable earnings growth & value creation
           
 
Stakeholder Engagement

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.