Page 118 - Sigmaroc Annual-Report 2023

SIGMAROC ANNUAL REPORT 2023
Our ESG Journey
Yes Finance
Yes Finance
Yes Finance
Part Industry
Industry Part ESG1
Finance2
1 (subject to formal appointments) 2 (subject to formal appointments)
Expertise is based on both knowledge and competence through aspects such as qualifications and career experience. Further information on the Board and the Board Committees can be found in the Governance Report section.
Ownership and Control
The Group is quoted on the AIM market of the London Stock Exchange with the founding members and other senior management holding shares in the company purchased by themselves in compliance with regulations and governed through approval routes overseen by the CFO.
Further detail on shareholdings can be found on page 178.
Corporate Behaviour
Business Ethics
SigmaRoc operates a series of policies that include:
• Anti Bribery & Corruption
• Criminal Finances Act Policy
• Code of conduct
• Competition Compliance
• Whistleblowing
• Disclosure (Share dealing) policy
• Sustainability (ESG) policy
• Environment and Water
• Biodiversity
• Energy and Climate Change
• Health and Safety
• Human Rights and Community
• Anti-Slavery and Human Trafficking
• IT systems and Data
• Data Protection and Security
• Diversity and Inclusion
• Tax
STRATEGIC REPORT
These policies are designed to facilitate good governance with the intention of running the business in accordance with good business ethics. Furthermore the policies are approved by the Board and cascaded throughout the business. A formal acknowledgement and training program will be rolled out in 2024 to all employees and contractors as required. These will be monitored and audited quarterly by the Board with a target of 100% compliance for employees in terms of acknowledgement and training.
Day to day management of the Policies is overseen by the Group’s Executive Committee.
When engaging suppliers and contractors, the operating businesses can conduct review of their policies to ensure they observe the principles set out in our policies.
MEMBERSHIP
Membership to trade organisations, industry bodies and other agencies is critical to ensure continual improvement in all that we do and to help facilitate the ongoing changes our industry and our customers face. Across our platforms we both support and are supported by National and International bodies such as:
• Mineral Product Association (MPA): UK industry trade association for the aggregates, asphalt, cement, concrete, dimension stone, lime, mortar and silica sand industries.
• Federation Industries Extractives (Fediex) of which we have representation on the Board.
• European Lime Association (EuLA) of which we have representation on the Board.
• Industrial Minerals Association Europe (IMA Europe).
• European Calcium Carbonate Association (CCA).
• International Lime Association (ILA).
• FedBeton: Federation for ready-mixed concrete in Belgium.
Further to these bodies, businesses in the Group also have ISO accreditation or equivalent in:
• ISO 9001 Quality: 79% of our business by revenue has ISO 9001
• ISO 14001 Environment: 76% of our business by revenue has ISO 14001
• ISO 18001/45001 Health & Safety: 69% of our business by revenue has ISO 18001/45001
Benelux has local business and product accreditations that are deemed to have greater relevance than the ISO, for both our customers and end-users.
Committee
Renumeration
Fully Independent
Experts on Committee
Audit
Nominations
Safety
ESG