As an organisation, we believe that we have an ethical responsibility to manage our economic, environmental and social impacts, while helping our customers and suppliers to do the same. We also believe that it makes good business sense to do so; a focus on sustainability drives behaviours that cut costs and increase operational efficiency, while creating new business opportunities and mitigating risk. Sustainability enhances our competitive edge, helps us achieve growth and deliver shareholder value.
Achieving our sustainability objectives requires a clear and well-defined management structure. The Group Chief Executive has overall responsibility for the Group’s sustainability strategy and is fully supported by the Board of Directors. The Group Sustainability Committee (comprising the Divisional Director, Spirax Sarco Americas; Group Supply Chain Director; Group EHS Executive; and Watson-Marlow Fluid Technology Group Supply Chain Director) oversees strategy implementation and reviews progress against strategic objectives. A senior manager is allocated to each of the 10 sustainability objectives to act as a topic sponsor and, in conjunction with strategy project teams, to establish strategic priorities. The project teams oversee strategic implementation. Divisional Directors, Regional and General Managers ensure that the Group’s sustainability policies are upheld and implemented by our operating companies, and on a local level employees and organised employee groups oversee, record and report on strategic implementation and performance within their workplaces.
We have policies and procedures in place to ensure that all our companies operate to the required standards including a: Group Sustainability Policy; Group Management Code; Group Environment, Health and Safety Policy; Group Anti-Bribery and Corruption Policy; Group Gifts and Hospitality Policy; Group Competition Law Compliance Policy; Group Human Rights Policy; Group Sanctions, Embargoes and Restrictions Policy; Group Whistle Blowing Policy and Group Charitable Donations Policy. To view these policies visit Policies and procedures
Spirax-Sarco Engineering plc is a constituent of the FTSE4Good Index. The Company has been independently assessed and found to meet globally recognised corporate responsibility standards. Inclusion in the FTSE4Good Index demonstrates that we have met stringent environmental, social and governance criteria and are well positioned to capitalise on the benefits of responsible business practices.