Responsible
Business Strategy
2022 Progress Report
Building a responsible future.
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Foreword
Building a responsible future
We launched our Responsible Business Strategy in January 2022, and I am pleased to share this report which details the progress we made in 2022 against our objectives and targets.
2022 presented a range of challenges for the most vulnerable in our societies. The war in Ukraine caused personal turmoil and placed stress on global supply chains. A rapid rise in energy prices, inflation, and the cost of living also caused anxiety for many. The role of businesses to provide support for their people and communities was never more important or called upon.
I am incredibly proud of how we responded to these challenges. We targeted support for food banks across our locations, providing financial and in-kind donations to provide aid to those in need. We also continued
to provide financial support, time, and expertise to a wide range of charitable and community partners creating meaningful and long-lasting social value.
Our people will always be our greatest asset and we continue to invest in their development and wellbeing. Our Health and Wellbeing Strategy was developed in collaboration with our Group Employee Forum and will be rolled out throughout 2023. We have introduced free financial coaching for our people and worked with industry experts such as the Lighthouse Construction Industry Charity to provide support and guidance for our people and commercial partners. We have also renewed our commitment to creating a diverse and representative workforce and have made strong progress against our targets.
Our commitment to addressing climate change and reducing our environmental impact remains a top priority. We are proud of our progress and the efforts our people have made to adapt how they work and travel. We encountered several challenges throughout the year and will be working hard in close collaboration with our people and partners in 2023 to solve these. Working closely with partners is critical to achieving success and we will continue to share knowledge, ideas, and our support.
I am proud to work for a business that is adapting to address the challenges our communities and environments face. I remain confident that our integrity, drive and collaboration will help us create long-term impact for those we work with. We will look forward to rolling our sleeves up and doing great things together
in 2023!
Responsible Business Manager,
Henry Boot PLC
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2022 Responsible Business Timeline | 2023 |
January 2022
Launch of Phase 2 of our Responsible Business Strategy.
2022
April 2022
Introduction of enhanced and additional family policies.
March 2022
HBD sponsor and take on the Landaid Sleep Out Challenge.
June 2022
Launch of Volunteering Programme.
July 2022
The Lighthouse Charity visit Henry Boot Construction sites.
September - December 2022
Cost of Living Campaign - Provision of financial support to assist employees and communities with the cost-of-living crisis.
December 2022
We sponsored the St Luke's Festival of Light, the Children's Hospital Snowflakes and the Archer Project Christmas Lunch.
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Responsible Business Strategy Objectives
Our Responsible Business Strategy established three key objectives which continue to guide and challenge us to be ambitious, transparent, and focused in our approach to responsible business.
The objectives of our Strategy are:
1 | To further embed ESG factors into our |
commercial decision making, so that we adapt | |
our business ensuring long-term sustainability | |
and value creation for our stakeholders. | |
2 | To empower and engage our people to |
deliver long-term meaningful change | |
and impact for the communities and | |
environments we work in. | |
3 | To authentically address those issues deemed |
to be most significant and material to our | |
business and hold ourselves accountable | |
by reporting regularly on our progress. |
Building a responsible future
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Strategy Structure - How it all fits together
Our Purpose is to empower and develop our people to create long-term value and sustainable growth for stakeholders.
Pillar 1 - Our People
We will support, develop, engage and empower our people to have an exceptional working experience, to be the best versions of themselves, and to deliver long-term value for stakeholders.
Pillar 3 - Our Planet
We will protect and preserve our planet by reducing our environmental impact, consuming responsibly and safeguarding our environments.
Pillar 2 - Our Places
In fulfilling our purpose, we will support and engage the communities we work with, and alongside,
to create long-lasting social value.
Pillar 4 - Our Partners
We will collaborate with our partners to deliver
exceptional results, create value and share knowledge,
solutions and creativity to address key issues.
Our Ambitions will be delivered by our people working closely with our partners - delivering collaborative solutions with real impact.
Our Values will underpin and align everything we do.
Over the following pages we detail the progress we have made against the objectives and targets associated with each of our four strategic pillars.
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Disclaimer
Henry Boot plc published this content on 17 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 May 2023 16:09:07 UTC.