Driver Group plc
Climate Impact & Sustainability Data (2016, 2021)
Reporting Period: 2016
Environmental Metrics
Social Achievements
- Improved health and safety policies with no lost time due to reported incidents during the year.
- Investment in training and development of safe working practices.
Governance Achievements
- Board changes: Gordon Wilkinson appointed CEO, Hugh Cawley appointed Group Finance Director, Bob Laslett resigned as Non-Executive Director, and John Horgan appointed as a non-executive director.
Climate Goals & Targets
Environmental Challenges
- Significant increase in headcount in AMEA region outweighed new client assignments, leading to delays in securing new opportunities and unacceptable losses in the first half.
- Ineffective cash collection, especially in challenging markets.
- High level of local competition in the Middle East region for project delivery and project management services, leading to a decision to discontinue expansion in that region.
- Downturn in the Oil & Gas sector in AMEA.
- Challenging market in Hong Kong.
- Difficult Australian market in FY 2015-16.
- Difficult Canadian market in 2016 due to delays in commission start-up.
- High bad debt provision in AMEA (£1.4m) due to write-downs of Middle East contracts.
Mitigation Strategies
- Annualised overhead cost saving of £1.3m implemented in the second half.
- Refocused strategy on core business: construction claims, dispute resolution, and expert witness services.
- Strengthened Diales brand.
- Improved cash collection processes.
- Appointed a new streamlined leadership team.
- More stringent approach to bad debt provisions.
- Adjusted headcount in AMEA to align with ability to secure profitable work.
- Significant cost reduction in Australia.
- Leadership team change in Canada.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:11,859 tCO2e
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Significant investments into digital working practices, reducing paper consumption, office consumables and business travel.
- Reduced CO2e emissions from 127,643 to 11,859 tonnes
Social Achievements
- Launched employee well-being program in partnership with Unmind.
- Accelerated laptop purchases to temporarily loan to families for home schooling during COVID-19 lockdowns.
- Charity work including marching for mental health, sponsoring local football teams, charity bike rides and golf days, and Christmas donations.
Governance Achievements
- Board remained unchanged throughout the financial year.
- Implemented an Anti-Slavery and Human Trafficking Policy and an Anti-Corruption Policy.
Climate Goals & Targets
Long-term Goals:
- Achieve net zero impact on the environment from its operations.
Medium-term Goals:
- Deliver the core financial target established within the Board’s five year strategic plan of moving towards a double digit operating profit margin.
Short-term Goals:
- Not disclosed
Environmental Challenges
- COVID-19 pandemic impacting global markets and causing economic uncertainty.
- Loss of two senior staff and associated team members to a competitor in the APAC region.
- Slowdown in activity levels in the ME and APAC regions.
- Issues with liquidity in clients in the Middle East.
- Reduction in global travel.
Mitigation Strategies
- Implemented a work from home model during lockdowns.
- Restructured the business in the ME and APAC regions to reduce the cost base and refocus on higher margin sectors.
- Refocused business in the UAE by reducing the size of the Abu Dhabi office and hiring additional expertise in the oil & gas sector.
- Consolidated management of Kuwait and Qatar operations and optimised the team in Oman.
- Implemented retention measures for key staff.
- Sharpened recruitment strategy with a focus on international integration.
- Investing in technology (new ERP IT system).
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier payments continued to be made in line with normal contractual terms during the pandemic.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: null
Certifications: null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed