|
CORPORATE SOCIAL RESPONSIBILITY
At Finning, we believe that our company’s core values form the
foundation on which we have built our track record of success. Our enduring
values and business ethics are reflected in our company’s commitments and
further reinforced through the Finning Code of Conduct which guides our
employees’ actions. Inherent in our values is a strong commitment to minimizing
our impact on the environment, contributing to communities and maintaining the
highest health and safety standards.
Focus on the Environment
Implementing practices that eliminate or minimize Finning’s impact on the
environment is a high priority. Our focus in this area is viewed as a shared
responsibility between each and every Finning employee and is an important part
of our corporate culture.
As a leading supplier of renewable energy solutions, Finning
plays an important role in reducing our collective impact on land, water and
climate systems. Over the past decade, we have developed extensive expertise in
supplying and servicing power generation systems which produce electricity
using bio-gas containing methane from landfills, sewage treatment plants, and
coal mines. Harnessing methane, which would otherwise be released as a
greenhouse gas, to generate electricity is one example of our commitment to
sustainable development and environmental stewardship.
Through our investment in OEM Remanufacturing, a world-class
facility that rebuilds used equipment components such as engines and
transmissions, Finning reduces waste, saves energy, and decreases the
consumption of raw materials required to produce new components.
In 2008, Finning joined the Carbon Disclosure Project (CDP),
becoming a participant in their annual survey. The CDP, a not-for-profit
organization representing global institutional investors, encourages companies
to measure, manage and potentially reduce emissions and climate change impacts.
Our submission to the 2008 questionnaire is available on the CDP website, and
we expect to participate again in the 2009 survey.
In the Community
Finning derives great pride from playing an active role in the communities in
which our employees live and work. Our support takes many forms, including
charitable contributions through our Community Investment Program, cultural
sponsorships, and employee giving campaigns. In addition, Finning is proud to
play a vital role in helping students develop technical skills and gain
practical experience.
In 2008, we extended our commitment to workforce training by
contributing $1 million to the Northern Alberta Institute of Technology’s
(NAIT) Heavy Equipment Technician and Industrial Heavy Equipment Technology
program, along with $1 million worth of equipment. In South America, we support
training and development in association with local schools by providing
equipment, technical expertise and practical work experience.
Through our Community Investment Program, Finning partnered
with various non-profit organizations such as Junior Achievement and Ronald
McDonald House to meet local needs. In the UK, our corporate giving was
primarily focused towards the Lighthouse Club Benevolent Fund, a charity
dedicated to giving aid and assistance to construction workers and their
families who suffer injuries or ill health.
Living up to Finning’s deeply-rooted corporate values,
employees company-wide annually demonstrate their commitment to enhancing the
quality of life for others through various fundraising initiatives, including a
spirited United Way campaign. Last year, Finning raised more than $1 million
for the United Way through the joint efforts of employees and our corporate
matching program.
Finning also channeled its community spirit through various
sponsorships, including our support of the Alpine Canada Ski Team to further
Canada's quest to become a world-class alpine ski racing contender.
Highest Safety Standards
Above all, Finning is committed to being an industry leader in safety. In 2008,
our safety performance as measured by ‘lost time frequency rate’ improved to
0.38 incidents per 200,000 man hours worked, which is a 27% improvement
compared to 2007 and among the best safety performances in our industry. This
achievement demonstrates the high awareness of our safety standards among all
employees and their continuous efforts to follow the safety procedures. By
continuing to promote a safe working environment, we aim to reduce the
frequency of injuries and the occurrence of serious incidents.
Our strong corporate commitment in the areas of environment and
safety was recognized in 2008 with two awards: the Rental Environment Award
from the European Rental Awards to Hewden and the Silver RoSPA (Royal Society
for the Prevention of Accidents) Occupational Health & Safety Award to
Finning (UK) and Hewden.
|