We recognise that our social, environmental and ethical conduct has an impact upon our reputation.We take our Corporate Social Responsibility (CSR) seriously and are committed to implementing our policies and systems across the Group. These include good ethical behaviour, concern for employee health & safety, care for the environment and community involvement.
The Board takes ultimate responsibility for CSR and is committed to developing and implementing appropriate policies to create and maintain long-term value for shareholders. Sound Company ethics makes business sense by helping to minimise risk, ensuring legal compliance, enhancing Company efficiency and building reputation among stakeholders.
Our full CSR Report can be read on the Group’s website www.trifast.com
Business Ethics
We expect all of our business activities to be conducted in accordance with high standards of ethical conduct and full compliance with all applicable national and international laws.We, in turn, apply these standards to all dealings with customers, suppliers, employees and other stakeholders.
Our Code of Business Ethics and Responsible Behaviour provides a guide to the way we achieve our business goals, helping us to behave in an open and ethical manner. This extends to provisions for ‘whistleblowing’ whereby employees may report suspected wrongdoings in confidence. Appropriate ethical behaviour is reviewed as part of the Group’s performance appraisal process.
We have extended this Code to our vendors/suppliers.This requires our key strategic suppliers to work towards achieving, as a minimum, standards covering such issues as the environment, employee health & safety and the prohibition of child labour.We are ensuring, through business reviews and visits, that our key suppliers are in compliance, thereby encouraging good practice in our supply chain.
We will do our utmost to contract only with subcontractors or suppliers who themselves adhere to international human rights and environmental laws and practices.Trifast commits through review programmes to monitor the ethical performance of its key suppliers and to taking immediate steps in cases where the ethical performance of its key suppliers comes into question.
Health & Safety
The Managing Directors/General Managers appointed by the Board have responsibility for the health & safety and environmental performance of their operational areas. They are assisted by the Health & Safety Manager.Trifast is committed to meeting all relevant health & safety legislation, regulation and Codes of Practice.
The Group Health & Safety Policy places responsibility for the management of health & safety on the individual business unit management who are supported by Health & Safety Advisers where necessary.
All business units provide employees with relevant comprehensive health & safety training and a written health & safety policy.
The Managing Directors/General Managers ensure regular inspections and annual internal audits of health & safety performance and also have regular designated health & safety training. These audits have been successfully reinforced by the use of the British Safety Council. Our health & safety performance and significant risk exposures are reviewed regularly by management and the Board.
Environment
Good environmental practice and the impact that our operations have on the environment are of great importance to Trifast. The main aim of Trifast’s Environmental Policy is to comply with all relevant legislation in all areas in which we operate and to adopt responsible environmental practices.
We have established a process for monitoring legislation and acting upon it where necessary. Business units are required to comply with Group policy and local statutory regulations and are committed to setting their own environmental targets such as improving energy efficiency, reducing waste and increasing recycling in conjunction with Group objectives.
In respect of waste management specifically, we use the services of an external professional agency to manage and monitor activities using health check compliance audits and advice on data collection systems. Promoting recycling, we follow the agency’s recommendation for appropriate waste disposal.
Group performance and risk reviews are undertaken via Management Review on a regular basis and reported directly to Steve Auld, Chief Executive who has Main Board responsibility for the Group’s Environmental Risk Policy.
Employees
Trifast continues to aim at attracting, retaining and motivating the highest calibre of employees within a structure that encourages their development and initiative. Employees are provided with ongoing learning and development opportunities that are aligned to the Group’s strategic and business units’ objectives and formal personal development programmes operate where linked to the Group’s objectives. All of these processes are reinforced with appropriate remuneration incentives and are on recognised systems.
Community
Trifast recognises the role local communities play in our businesses. We aspire to be a responsible partner in the communities in which we operate around the world. We encourage all our businesses to support the particular needs of their communities by contributing to local charities and community initiatives.
Communications
We aim to maintain a productive and open dialogue with all interested parties in our business including shareholders, customers, suppliers and employees.We have established customer relations, conduct customer satisfaction surveys, monitor and develop supplier performance and undertake regular employee surveys. We maintain our website as one of the main routes for providing information to interested parties and for contacting us.
The introduction ofWorks Councils throughout most of our European locations has proved a positive mechanism for staff and management to work together to achieve a constructive working environment that provides a good communication base to share ideas and “Best Practice”.