governance and ethics
"There is never a good business reason to do the wrong thing."
Albert Manifold,Chief Executive Officer, CRH plc
We believe ‘there is never a good business reason to do the wrong thing’. Our Code of Business Conduct (CoBC) guides our approach to issues such as human rights, equality, giving and receiving gifts and hospitality, the use of social media and data protection. It defines the high standards we expect from our employees and others working on our behalf, and that includes our suppliers and subcontractors.
We also provide a confidential ‘Speak Up’ service that allows staff, contractors, hauliers and suppliers to anonymously seek advice and report concerns about potential violations of our code or corporate ethics. In 2017, over one thousand Tarmac employees received advanced compliance training, addressing issues such as competition compliance, anti bribery and corruption and the CRH Code of Business Conduct.
Tarmac is a responsible and ethical business and as part of our established Procurement and Human Resources processes we are committed to respecting human and labour rights and take all reasonable steps to ensure that modern slavery (in any form) does not take place in our business and wider sphere of influence such as in our supply chain.
We have worked closely with our parent company, CRH plc to produce our first Modern Slavery Statement. The statement outlines the steps that we take as a business to ensure that slavery and human trafficking is not taking place within either its own businesses or its supply chains.
Our sustainability strategy forms an integral part of the Tarmac Plan and the long-term success of our business. We have processes in place to govern implementation of the strategy and to report on progress.
Our Executive Committee is responsible for the setting and delivery of our sustainability strategy, with actions and programmes delegated to business units and functions who receive support as needed from our central sustainability team.
The Executive Committee reviews progress against our sustainability commitments on a quarterly basis. We undertake a formal annual review of our strategy, working with our External Sustainability Panel, to ensure it continues to be relevant, appropriate and sufficiently ambitious. Our External Sustainability Panel met twice with Tarmac’s Senior Vice President and senior members of the Tarmac executive team during 2017.