message from our external sustainability panel
Over the last year, our dialogue with Tarmac has continued to be vigorous and challenging. Our core aim has been to help the company identify and deliver the business case for sustainability while continuing to ensure that stakeholders’ expectations are reflected in areas which range from the management of wildlife to the maintenance of a sustainable supply chain.
Over the last twelve months, there has been significant progress with initiatives to embed the sustainability strategy throughout the business. Against this background, three topics have been central to our discussions with the company.
The third topic is people. Our interaction with the company is not limited to dialogue with the executive but includes site visits and engagement with a variety of Tarmac employees. As in previous years, we have observed that Tarmac is staffed by highly committed and knowledgeable individuals. This affords the company a great strength as it pursues its sustainability vision. We have been particularly impressed to see in the last year in particular, and despite the potential distraction of the change in ownership, ambitious programmes to attract graduates and develop apprentices and to foster a climate in which diversity and talent are nurtured. We believe that these programmes place the company in an excellent position to benefit from the opportunities and challenges that Millennials bring into the workforce.
A Panel such as ours can only make a contribution where there is engagement from the company, resources to ensure debates are well-informed, and a shared commitment to the sustainability agenda. We have experienced all of these in our encounters with Tarmac to date and remain confident that further progress will be made.
The mission of the Tarmac External Sustainability Panel is to provide advice and guidance, and to serve as “critical friends” of the company as it undergoes its transformation to a provider of sustainable solutions.
The Panel fulfils its role chiefly by meeting the Tarmac Executive at intervals during the year, informed by site visits and background information. At those meetings, discussions embrace the strategic direction of the business, its response to emerging sustainability issues and other topics requested by the Panel or suggested by the company.
It is not the role of the Panel to scrutinise performance data or to audit the company’s activities, but to provide high-level, strategic guidance. The commentary here does not therefore constitute a review or audit of this report.