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CIMIC Group Limited Annual Report 2016 |
Sustainability Report
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Sustainability Report
This sustainability section of the Annual Report is structured around our five sustainability commitments which are to:
•
provide safe communities and safe, supportive and positive workplaces for our people;
•
act with integrity - honestly and respectfully – in all relationships with the Group’s stakeholders;
•
develop a united and collaborative culture where engaged employees are aligned to achieve superior performance and integrate
governance, economic, environmental and social considerations into their roles;
•
seek competitive advantage by innovating to deliver construction, mining and services projects that satisfy the governance,
economic, environmental and social needs of clients; and
•
use resources efficiently, minimise waste and promote the delivery of energy efficient, environmentally and socially responsible
projects.
Our commitments are derived from, and based on, our principles – Integrity, Accountability, Innovation and Delivery – underpinned by
Safety. They provide a common unifying bond for our people and set the framework for the behaviours of our people. The Principles and
our commitments uphold our mission which is to maximise long-term value for shareholders by sustainably delivering projects for our
clients while providing safe, rewarding and fulfilling careers.
STRUCTURE OF THE SUSTAINABILITY REPORT
REPORTING APPROACH
CIMIC Group is committed to operating sustainably and reporting on our ESG performance and progress. This unaudited Sustainability
Report, integrated into our Annual Report, demonstrates both that commitment and how deeply embedded sustainability is in our
business.
For the financial year ended 31 December 2016, we have adopted a Global Reporting Initiative (GRI) Sustainability Reporting Standards
framework for the preparation of this Sustainability Report. By doing so we aim to generate reliable, relevant and standardised
information with which our stakeholders can assess our opportunities and risks, and enable more informed decision-making – both within
the business and externally. The GRI index can be found on pages 81-84.
REPORT BOUNDARY AND SCOPE
This report is for the 12 month period to 31 December 2016, unless otherwise noted. The scope of this report covers CIMIC Group Limited
and its 100% controlled operations which include, amongst others:
•
CPB Contractors (formerly Leighton Contractors, with the name change effective from 4 January 2016);
•
Leighton Asia, including Leighton India and Leighton Offshore;
•
Thiess;
•
Sedgman (a wholly owned subsidiary of the Company since 13 April 2016. Data has been included where available, and for the ease
and comparability of sustainability reporting, for the half year from 1 July 2016 to 31 December 2016);
•
Pacific Partnerships;
•
EIC Activities; and
•
Leighton Properties.
The scope of this report does not include the operations of CIMIC Group’s investments where CIMIC Group does not have 100%
ownership, namely (as at 31 December 2016):
•
Devine: CIMIC owns a 59.11% stake in the listed property development company;
•
Ventia: CIMIC holds 46.96% of an investment partnership for the merged services business of CPB Contractors and Thiess;
•
HLG Contracting: CIMIC holds a 45.0% share in the Middle East-based construction company; and
•
Macmahon: CIMIC owns a 20.54% stake (as at 31 December 2016) in the listed mining contracting company.
This report also does not cover the operations of UGL which was subject to a takeover by CIMIC during late 2016. UGL’s sustainability
performance will be covered in future CIMIC Sustainability Reports now that CIMIC has integrated UGL.
AVAILABILITY OF INFORMATION
In 2014, the Group commenced a significant operational transformation, establishing dedicated, streamlined and efficient businesses
focused on construction (CPB Contractors and Leighton Asia), contract mining services (Thiess), public private partnerships (Pacific
Partnerships), and engineering (EIC Activities). Given this transformation, a number of comparable operational safety and environmental
performance measures are not available prior to the 2015 year. Where comparable data is available, it has been provided. In future
reports, the Group expects to be able to provide more detailed operational performance measures by Operating Company.
EXTERNAL ASSURANCE
This report, prepared using the GRI Sustainability Reporting Standards, has not been externally assured. It is our intention over the next
few years to continually improve our disclosure and engagement so as to achieve fully compliant GRI reporting.
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