03/04/2021 | Press release | Distributed by Public on 03/04/2021 10:29
Today we announced an ambitious plan to contribute to efforts to create a more sustainable future.
As part of the next phase of our strategy, we have set stretching targets to further improve our environmental impact, to support the safety of our employees and to promote diversity & inclusion across our business.
We have defined five environmental, social and governance (ESG) objectives to improve our performance as a Group:
Reduce our environmental impact
Improve our safety performance
Improve the diversity & inclusion of our business
To coordinate our improvement efforts and ensure that we integrate ESG factors into our business processes and decision making, we have created a Group Director of Environment and Sustainability role, reporting to the CEO. We will update on our progress and plans twice a year with our results and we will provide a comprehensive summary of our progress and position in an annual sustainability report.
Morgan CEO Pete Raby commented; 'We are passionate about doing business the right way, for our people, our customers and the communities in which we operate. The goals we outlined today are an important step towards meeting our ESG aspirations, and I am delighted with the commitment and improvements we are making for the longer term, to help make the world more sustainable.'
Our purpose, to use advanced materials to make the world more sustainable and to improve the quality of life, guides our decision making. We deliver on our purpose both through the way we operate and manufacture our products, as well as through the products themselves.
We are investing in our manufacturing processes and technology to reduce the environmental impact of our business. In parallel, we are investing in new materials and process technologies that improve the performance of our products and deliver greater environmental and safety benefits to our customers.
Our products make a positive contribution to our customers and support three UN Sustainable Development Goals :