Page 96 - Sigmaroc Annual-Report 2023

SIGMAROC ANNUAL REPORT 2023 STRATEGIC REPORT
Our ESG Journey
We have a dedicated workforce of c. 2,000 across the Group. We recognise our dedicated workforce as a key driver of the value derived from the business. Our colleagues are experienced and continuously developed to fulfil their potential. All employees are offered a fair benefits and compensation package relative
to their role and level in the organisation. We encourage share ownership where it is available and, where possible, are working to setup where it is not currently in place.
All our businesses are decentralised and locally focused so that we know the customers’ and suppliers’ areas like they do. We work alongside our customers to provide “right first time” service and to seek proactive and innovative solutions to support requirements. “Right first time” is key to success and ensuring customer loyalty as part of our long-term success. We recognise the huge role our suppliers play in our long-term success. We strive to ensure timely payments and maximise value to support the delivery of our customers’ needs. We balance economic requirements with sustainability considerations over the whole supply chain.
By being decentralised and local we are at
the heart of the communities in which we operate allowing us to be good, knowledgeable, supportive and engaging neighbours.
All our Shareholders play an important role in the continued success of our business. We maintain purposeful and close relationships with them either directly or via wider mediums such as Q&A webinars and conferences. We seek to be transparent and give clear and consistent messages across all communication channels.
We look to develop and sustain good relationships with many regulators who govern our businesses to ensure the success of our business and maintaining our license to operate. We are committed to adherence of legal and regulatory requirements. We are committed
to have independent review / oversight be it internally or externally. We are committed to a sustainability framework following review of international standards.
Site presence and visual felt leadership. Employee groups and committees and unions. Focus on development training and succession planning. Decentralised approach with flat management allowing easy access to all staff. Employee benefit offerings that can also extend to family members.
Prioritise a local focus on both customers and suppliers. Engage directly from our sites so that the customer and supplier deal directly with the site they are supplying or buying from. Ensure timely payments are made to suppliers. Functional and intuitive websites and digital solutions focused on the customer. Ensure adequate checks and due diligence are done on customers and suppliers.
Proactive approach and active participation in community and industry working groups, forums and committees.
Dedicated forums such as AGM, annual and interim webinar Q&As and/or interactive investor presentations. Annual and interim reports, trading statements and RNS. Regular phone calls and dialogues. Broker and NED contacts. Site visits, investor roadshows, investor conferences.
Regular dialogue with Governments, Government agencies, regulators and industry groups. Active membership of the industry bodies such as Mineral Products Association, Federation Industries Extractives and European Lime Association. Effective and clear policies to ensure governance. Education and training of staff to reinforce compliance with regulations.
Stakeholders (in alphabetical order)
Description
How we engage
Colleagues
Customers and Suppliers
Communities
Investors
Regulators / local Government