The BITC CR Index assesses corporate strategy, including corporate values, advocacy, risk management and business conduct, and management systems for community, environment, marketplace and workplace. It assesses our approach to climate change, waste and resource management and biodiversity. It also reviews health, safety and wellbeing, employee development, employing migrant workers, and community investment.
The Group made its first submission to the BITC CR Index in 2008 and we achieved a creditable 58.5%. The Group then committed to achieve a benchmark of 70%, or Bronze status, within three years, based upon the improvement plan and initiatives taken in each sector within the Index. The Group then made its second submission for the 2009 CR Index. We were pleased that we recorded a remarkable improvement in the period, immediately exceeding our broad three-year target in only 12 months by achieving a score of 78.2% (just short of the Silver status), representing a 33% improvement.
In 2011, Kier's CR Index public ranking increased once again, rising to 85 per cent, taking the company from Bronze to Silver status in the rankings.
The Board has put in place a target to achieve 90% per cent (Gold status) under the BITC CR Index in the next three years. Our latest score of 85 per cent for the first of these three years keeps Kier on track to achieve this.
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