Social Responsibility

The Board of Directors recognises its responsibilities in respect of social, environmental and ethical (“SEE”) matters. The Board continually monitors the risks to which the Group’s businesses are exposed, including SEE risks, and has delegated authority and responsibility for the implementation of an appropriate risk management strategy to the Chief Executive.

The Group’s policies on matters of corporate responsibility are outlined in the following paragraphs.

Environmental policy

The Group operates in a business sector where there is the potential for significant pollution and environmental impact. The Board is committed to continuously improving the Group’s environmental management systems and to effectively managing the impact of the Group’s businesses on the environment. The principal areas of focus are:

  • Ensuring the efficient use of materials;
  • Optimising the use of energy;
  • Sourcing materials and energy from environmentally sustainable sources;
  • Management of effluents, waste and by-products;
  • Encouraging reuse and recycling;
  • Incorporating the principles of sustainable development.

The Group’s principal raw material is wood, which is a renewable resource and is sourced only from reputable producers who practice sustainable forestry methods and possess appropriate accreditations. The majority of the by‑products and waste from the Group’s manufacturing processes are recycled or utilised to generate energy.

The Group continuously upgrades and improves its environmental management systems and maintains full compliance with all regulatory requirements, permissions and consents.

Charitable donations

The Group supports and encourages its employees in fundraising and other charitable activities in the communities in which it operates. It is the Group’s policy not to make political donations.

Employee involvement

The Group encourages its employees to play an active role in the development and improvement of its businesses. Communication with employees is effected through regular briefings to employees at all levels, which are conducted by senior management, together with newsletters and information bulletins. External announcements such as interim and annual reports are communicated to and explained to all staff. The Group encourages feedback through formal and informal discussions and operates a number of employee suggestion schemes.

Equal opportunity and diversity

The Group endorses and supports the principles of equal employment opportunity. It is the policy of the Group to provide equal opportunity to all of its employees and to ensure that employment decisions are made, subject to legal obligations, on a non-discriminatory basis. Due consideration is given to the recruitment, promotion, training and development needs and working environment of all employees, including those with disabilities.

Health and safety

It is the Group’s policy to take all reasonable and practicable steps to safeguard the health, safety and welfare of its employees, visitors and other persons who may be affected by its activities. In order to meet these responsibilities, the Group will:

  • Monitor and assess the risks to health and safety;
  • Implement safe working practices, together with systems and procedures to ensure that such practices are fully adopted;
  • Provide appropriate information, instruction and training on safety in the work environment;
  • Establish and maintain appropriate emergency procedures and ensure that these are communicated;
  • Regularly review its health and safety policies and procedures.

The Group complies with all statutory and regulatory requirements which apply to its businesses.