For CIMIC, sustainability is the integration of environmental, social and governance factors into our decision-making to maximize long term shareholder value, and contribute to safe and healthy employees, communities and ecosystems.
The CIMIC Principles - Integrity, Accountability, Innovation and Delivery, underpinned, in everything that we do, by Safety - are integral to our sustainability.
The Group applies a holistic approach to sustainability, integrating the concept into our core business strategy, so we can better identify new growth opportunities while reducing our exposure to legal, resource, and socio-political risk.
Sustainability is not a new concept for CIMIC and the Group has long embraced a sustainable approach to doing business. What is new is our enhanced focus, a new strategy, the dedication of resources to manage the function and our commitment, both internally and externally, to operating sustainably.
We recognise that we are on a journey to further integrate environmental, social, governance and economic factors in to our decision making. You can read more about how we are enhancing the disclosure of our sustainability practices in our 2016 Sustainability Report which is found in the annual report here. The CIMIC Group sustainability policy is available here.
We are integrating environmental, social and governance factors in the delivery of many of our infrastructure projects. This approach is being recognised through the participation of our projects in the Infrastructure Sustainability Council of Australia’s (ISCA) IS Rating Scheme. Two current projects, featured as case studies developed in partnership with ISCA, include:
- Gateway WA - http://www.isca.org.au/images/pdf/ISCaseStudyGWA.pdf
- Torrens to Torrens Alliance - http://www.isca.org.au/images/pdf/ISCaseStudyT2T.pdf