Our Approach

This extract from the Halma plc 2017 Annual Report & Accounts has not been updated since publication in June 2017.

Our Commitment to Corporate Responsibility and Sustainability

Halma companies are involved in the manufacture of a wide range of products that protect and improve the quality of life for people worldwide. This report focuses on areas of progress and our performance for all areas of sustainability which are considered to be material by our stakeholders and are also important to the success of our business. Halma has developed meaningful key performance indicators (KPIs) that reflect the importance that the Group places on sustainability and enables the Board to monitor the Group’s progress in meeting its objectives and responsibilities in these areas.

The areas of emphasis include health and safety, employee engagement and development, human rights, ethics and sustainability.

Health and safety

Our commitment to safeguarding the health and safety of our employees while at work is demonstrated by our culture of safety and our excellent health and safety record.

Corporate responsibility and sustainability

Our commitment to managing our business activities in a sustainable way and minimising the environmental impact is evidenced by our performance against the Group’s carbon reduction target.

Human rights and ethics

Our commitment to respecting human rights and operating in an ethical way is embedded throughout our Group and underpins the way that we work.

The environment

We support the concept of sustainability and recognise that, in common with all businesses, our activities have an environmental impact. Our strategy is not to have capital-intensive manufacturing processes and to operate close to our end markets in terms of geography, so the environmental impact of our operations is relatively low compared to manufacturers in other sectors. We also recognise that we can improve our own environmental performance and so resources are deployed to actively reduce our own carbon footprint.

Our culture and people

Our core values are Achievement, Innovation, Empowerment and Customer satisfaction, and our culture is one of openness, integrity and accountability. We encourage our employees to act fairly in their dealings with fellow employees, customers, suppliers and business partners.

We recognise that our employees determine our success and we continue to invest in, and encourage further development of, our employees each year, not only utilising the suite of Halma development programmes, but also by providing clear leadership and decisive action. Jennifer Ward, our Group Talent and Communications Director, champions our talent leadership and works with our teams to ensure that we have the right capabilities and best talent to match Halma’s growth ambition.

Health and safety

Safety is critical to the Group and is a major priority. We recognise the necessity of safeguarding the health and safety of our own employees while at work and operate so as to provide a safe and comfortable working environment for employees, visitors and the public. Our policy is to manage our activities to avoid causing any unnecessary or unacceptable risks to health and safety and the environment. Halma has an excellent health and safety record and a culture of safety is deeply embedded within the Group.

Responsible investment

FTSE4GoodInvesting in Halma shares meets the criteria of many professional and private investors who base their decisions on environmental, ethical and social considerations. The Group is a world leader in several key environmental technologies and has a reputation for honesty and integrity in its relationships with employees, customers, business partners and shareholders.

Halma has been a member of the FTSE4Good UK index since its establishment in July 2001. In 2016, Halma participated in CDP's Climate Change Questionnaire, which assesses how companies are incorporating sustainability into their business strategy and practices, and achieved a score of 'Awareness C'. It is our intention to participate in CDP's 2017 Questionnaire.

Social conditions can be improved for all through the creation of wealth. Halma creates wealth responsibly allowing our employees, customers, business partners and shareholders to determine where this wealth is best distributed.