Interserve has published its annual report on the progress made against its sustainability targets, following the launch of its SustainAbilities plan in 2013.
The comprehensive business-wide sustainability plan incorporates, five outcomes, 15 goals and 48 ambitious targets for the business to achieve between 2014 and 2020. It is also helping the global support services and construction company to manage risk in its operations and to increase opportunities for profitable growth now and in the future.
The report highlights that, during 2015 Interserve:
- Demonstrated it is possible to grow revenues while cutting carbon emissions, with absolute carbon emissions down 3.2 per cent and a 19 per cent reduction in carbon intensity.
- Increased total community investment to £1.6 million – equivalent to 1.4 per cent of pre-tax profits.
- Reduced construction waste by 21 per cent and fuel consumption by 10 per cent across global operations through focus on resource efficiency.
- Grew employee volunteer days to 3,200, with five per cent of the total workforce volunteering in 2015.
- Provided 2,178 work experience placements for school children, 477 apprentices and graduates on programmes – up 49 per cent year-on-year.
- Supported small and medium-sized enterprises (SMEs) with 64 per cent of UK supply chain spend going to SMEs.
Tim Haywood, group finance director and head of sustainability commented:
“Interserve’s third annual SustainAbilities progress report showcases our extensive achievements in reducing our environmental impact, investing in skills and creating social value. The report reflects the emphasis that our business places on creating opportunities for people, whether this is through apprenticeships, work placements and trainee programmes or by spending more with small and medium-sized businesses.
“We made significant progress across a number of areas in 2015 but we know there is more work to do as we progress towards our future targets. As a business that has evolved – through acquisitions and the scope of services we provide – in the years since we set our initial SustainAbilities goals, we will be reviewing the plan over the next year to ensure our goals continue to reflect the changing face of the business and the sectors in which we operate.”
To download the full report, please click here.