Sustainability

At Senior, we care about acting in an ethical and responsible manner in all aspects of our business. We do this by maintaining strong Corporate Governance procedures, keeping good relationships with our shareholders and doing the best we can in order to minimise our impact on the environment. We know that all of the above creates value for our stakeholders and contributes to society at large.

The Group’s HSE Policy can be viewed here.

The Group has five core priorities to its corporate responsibility programme. These are the areas which management can best influence and generate value for the Group by creating business development opportunities, reducing operating costs and improving productivity:

Developing People

Developing the capabilities and competencies of Senior’s employees to meet tomorrow’s customer requirements is critical to the future success of the Group. We benefit from:

Empowered Local Management

  • Empowered, entrepreneurial and highly engaged local management
  • As much authority and responsibility as possible, within a well-defined control framework, is devolved to the senior management team at each of our operations
  • This culture of empowerment and autonomous collaboration, along with the strong reputation of the Group, helps attract and retain experienced senior executives from within the industry

Developing Our People

  • Each of Senior’s businesses is responsible for continuously developing its people and the skills and training needs of employees are typically reviewed through a performance review and development process
  • Senior continues to increase its investment in developing people at all levels of the organisation
  • Since 2009, Senior has operated a Group Development Programme aimed at developing mid- to senior-level managers so that they acquire the broader skills essential to operate at higher management levels

Caring For Our Assets

  • Senior Aerospace BWT introduced a wellness programme to improve the health of its employees. This has involved promoting healthy living and community awareness across its family of employees

Community Engagement

We actively encourage our businesses and employees to support local communities and good causes as we believe it helps to build team spirit and maintain a positive working culture. Some examples of our community work include:

  • Providing financial support to the Carel du Toit Centre, a local charitable school supporting children with hearing disabilities through direct contribution and matching employees’ contributions
  • Supporting the Paediatric Cancer Research Foundation, an organisation that funds and supports the research into paediatric cancer
  • Working in partnership with “Friends For Leisure”, a UK charity providing leisure activities for disabled young people from the Cheshire area
  • Providing support by volunteering their time to serve hot meals to members of society experiencing hardship and also arranging food banks on-site
  • Raising charitable funds through sports, such as Senior Flexonics Bartlett which sponsored 40 of its employees to run in the 2014 Mill Race Marathon, an annual event in Columbus attracting over 7,000 runners
Operating with Integrity

Senior is committed to conducting its business with integrity, honesty and fairness and operating with the highest degree of ethical standards in everything it does. The cornerstone of management’s commitment to ethics is the Senior Code of Business Conduct that provides a clear framework for decision-making, highlighting the values and behaviours it expects its employees to demonstrate at all times.

The Code of Business Conduct applies Group-wide including to its agents and joint ventures. The Code defines standards in areas such as: anti-bribery, corruption and fraud, managing conflicts of interest and engaging in fair competition.

Educating Tomorrow’s Workforce

Education and skills, particularly Science, Technology, Engineering and Mathematics (“STEM”) are key to the future success of both Senior and its customers. Several Senior businesses focus their community activities on educational outreach programmes supporting local schools, technical colleges and universities. For instance, Senior Aerospace BWT works on STEM initiatives with several local schools. Two BWT employees are National STEM Ambassadors whose work includes supporting STEM Clubs in local schools, mentoring and supporting students with Career Academies, and helping students gain invaluable work experience through paid work placements.

Environment

Reducing the Group’s environmental impact helps to reduce cost and to improve efficiencies and makes us more agile. The Group’s main impacts on the environment are: energy consumption (and associated CO2 emissions), waste generation and recycling, and water consumption.

CO2 to turnover (tonnes of O2 emitted per £m revenue):- 2007-110;2008-104;2009-99;2010-97;2011-94;2012-92;2013-85;2014-87(79 excluding newly acquired businesses)

  • All of the Group’s operations develop energy conservation projects, tailored to their main energy consumption, and regularly monitor performance through energy usage
  • The Group’s objective is to improve energy efficiency by 10% between 2011 and 2015 and it remains on track to fulfil this goal
  • Senior’s Lean programme also continues to help to reduce energy demand by improving the efficiency of how the Group manufactures and streamlines the process to eliminate waste
  • Senior Aerospace Weston has achieved its goal of zero landfill – all waste materials are recycled or recovered

ISO 14001
Across the Group, 93% of its manufacturing locations are certified to the ISO 14001 environmental management standard and the remainder, all of which are businesses acquired in the last three years, are in the process of obtaining certification.

Senior engages a third party to verify its environmental data each year. Our current verification report can be viewed here.

Health & Safety

In 2014 Senior introduced a Zero Harm programme to strengthen its safety culture and to help further reduce the number and seriousness of workplace health and safety incidents. Through the programme, the Group aims to “make safety personal” to every employee and improve the focus on accountability and behaviours.

Safety standards strengthen our business by producing higher performing teams, lowering costs and creating more resilient operations. The Board’s commitment to safety starts with the Group Chief Executive who chairs the HSE Committee, setting the Group’s objectives for safety. All operations are required to prepare an improvement plan for HSE to further progress their safety and environmental performance.

Safety record over the past five years - Accidents per 100 employees: 2010-3.75;2011-3.59;2012-3.48;2013-2.97;2014-2.94. Safety record over the past five years - Lost Time Accidents per 100 employees: 2010-1.60;2011-0.98;2012-1.36;2013-0.95;2014-1.13

To read about our Sustainability in more detail, including case studies, please see our Annual Report.

The Group also has a Responsible Sourcing Policy that is supplied to all internal businesses and the suppliers they work with. This Policy can be accessed here.

Please contact our individual operations to discover more about the local charitable events that they are involved with.