GROUP SUSTAINABILITY POLICY & STRATEGY APRIL 2016 - Midas ...

 
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GROUP SUSTAINABILITY POLICY & STRATEGY APRIL 2016 - Midas ...
BUILDING FOR GENERATIONS TO COME

• Carbon Reduction
• Waste Management
• Sustainable Procurement
• Respecting Natural Resources
• Community Engagement
• Training and Development
• Communication

GROUP SUSTAINABILITY POLICY & STRATEGY
APRIL 2016

                             *Cover image: Filwood Green Business Park, Bristol
GROUP SUSTAINABILITY POLICY & STRATEGY APRIL 2016 - Midas ...
“ The Midas vision is to be widely
acclaimed forindustry leading
        performance
                                       “
         and customer service
GROUP SUSTAINABILITY POLICY & STRATEGY APRIL 2016 - Midas ...
INTRODUCTION                            ‘Building for Generations to Come’

   Foreword
   The Midas Group of companies undertakes new and refurbishment construction projects in the
   commercial, industrial, retail, health, education, leisure, energy, public services and residential sectors
   – and how we deliver those projects needs to meet not only the expectations of today’s customers
   but also those of future generations.

   The scale and diversity of work that the Group undertakes through its network of local offices and
   businesses presents a real opportunity to develop and implement initiatives to minimise our impact on
   the environment and enhance the communities in which we operate.

   We adopt a collaborative and inclusive approach with all stakeholders, including customers,
   designers, supply chain and local communities in our desire to minimise environmental impact and
   construct energy efficient, cost effective, high quality buildings.

   This document outlines our response to the pressing need to deal with climate change whilst
   developing a sustainable built environment for future generations to enjoy.

     •    Our Policies address the practical steps required to anchor sustainable principles at the heart
          of our business activities.
     •    Our Strategy sets out our approach for delivering a sustainable and responsible business
          model through our core activities, services and supply chain and embodies an aspiration to be
          innovative and consistently improve what we do.

                                       “The Midas Group continues to raise awareness of the importance
                                          of meeting the environmental and social challenges of the 21st
                                         century within our businesses and amongst our subcontractors
                                          and suppliers. Currently Midas is delivering projects that add to
                                        its sustainability credentials, adopting the principles of our Group
                                         Sustainability Strategy and following defined policies. The Board
                                       recognises that it must continue to develop a culture at Midas that
                                          places sustainability alongside other key deliverables of safety,
                                          customer service and quality. Whilst this document outlines our
Steve Russell, Sustainability           strategic approach, Midas remains mindful that it is necessary to
   Director Midas Group                be aware of, and remain adaptable to, the changing responsibilities
                                              that the built environment presents to our businesses.”

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GROUP SUSTAINABILITY POLICY & STRATEGY APRIL 2016 - Midas ...
2   | GROUP SUSTAINABILITY POLICY & STRATEGY |
GROUP SUSTAINABILITY POLICY & STRATEGY APRIL 2016 - Midas ...
STRATEGY

     | GROUP SUSTAINABILITY POLICY & STRATEGY |   3
GROUP SUSTAINABILITY POLICY & STRATEGY APRIL 2016 - Midas ...
STRATEGY                         ‘Building for Generations to Come’

     Strategy
     Our strategy considers the ever growing demand for more socially, environmentally and economically
     sustainable buildings delivered by responsible businesses that implement positive measures with
     respect to the social, environmental and economic impact of
     their actions.

     It starts with the concept of the ‘triple
     bottom line’ – People, Planet, Profit –

                                                                                                Re
                                                                                                 Su ectin
     and underpins our continuing desire to

                                                                                                  sp
                                                                                                   sta g N
                                                                                 Planet

                                                                     nt
     work with our customers and supply
                                                               na ion

                                                                                                      ina
                                                                   me
                                                                              Environmental
                                                             Ma duct
     chain to make a real difference -

                                                                                                          ble tura
                                                                 ge
                                                                              Best Practice

                                                                                                             Pro l Re
                                                               e

     meeting our corporate responsibilities

                                                                                                             a
                                                       Wa O2 R

                                                                                                                cu sou
     and proactively addressing our 7
                                                         ste

                                                                                                                   rem rc
                                                          C

     steps to sustainability:

                                                                                                                      en es
                                                                                                                        t
     •    Carbon Reduction                                                     Strategy
     •    Waste Management                                      Profit                          People
     •    Sustainable Procurement                           Economic and                         Social
                                                              Business                        Responsibility
     •    Respecting Natural Resources
     •    Community Engagement
     •    Training and Development
                                                                           Community Engagement
     •    Communication                                                         Communication
                                                                          Training and Development
     Our sustainability strategy has been integrated
     into existing Group policies and decision-making
     processes and continues to form the basis for setting
     and implementing new and updated targets and initiatives. It impacts all employees - particularly
     those engaged in planning, design, procurement, and delivery across all Midas Group businesses.

     We commit to communicating our aspirations to advisors, consultants and our supply chain, as our
     sustainability performance and that of the completed building could be significantly influenced by their
     respective, skills, knowledge and understanding.

     Our sustainable construction business strategy applies to all areas of Midas Group operations
     and to permanent office locations as well as site activities. However, the area of greatest impact,
     will undoubtedly be in our contribution to delivering new and refurbished buildings designed and
     constructed to minimise environmental impact and provide long-term energy efficiency, bringing
     whole-life value to the property owner, users and the communities in which they are constructed.

4   | GROUP SUSTAINABILITY POLICY & STRATEGY |
GROUP SUSTAINABILITY POLICY & STRATEGY APRIL 2016 - Midas ...
People                            Social Responsibility

Customers     We will listen to the views of our customers and take appropriate action in support
              of our vision to be widely acclaimed for industry leading performance and
              customer service.

People        We will respect the views of our employees and provide a safe and healthy working
              environment for everybody working on our sites and in our offices.

              The quality of our workforce is a key factor in striving to meet our vision. We
              recognise this through our goal of being the employer of choice; endeavouring to
              provide rewarding careers not just jobs.

              Despite the challenges faced within the construction sector, we will continue
              to place people development high on our agenda. We will continue to prioritise
              training, maintain our Investors in People Silver accreditation, and survey our
              employees for their opinions.

Community     We will support the communities in which we work; engaging in consultation,
              respecting diversity, being sensitive to local needs and contributing to economic
              well-being. We are committed to keeping disruption to a minimum and following the
              Considerate Constructor’s principles and measures.

              Initiatives that benefit society and local communities feature strongly in our approach
              to corporate responsibility and will include, not only financial assistance, but also
              contributions of time and resource.

Environment   We will seek to minimise the impacts of our activities on the environment and
              communities in which we operate, developing solutions to ensure continuous
              improvement in our environmental performance. We undertake to raise
              environmental awareness amongst our employees and supply chain in order to be
              less wasteful in the use of resources. Not only will we seek to maximise reuse and
              recycling we will reduce waste through fully considered planning and design.

Suppliers     We will create sustainable supply chains based on integrity and respect; working in
              partnership in pursuit of best practice in a safe environment.

                                                           | GROUP SUSTAINABILITY POLICY & STRATEGY |   5
GROUP SUSTAINABILITY POLICY & STRATEGY APRIL 2016 - Midas ...
Planet                                  Environmental Best Practice

    Sustainable            Construction consumes significant amounts of resources such as steel, concrete,
    Sourcing               cement and timber, often in ways that are inefficient or unsustainable. At Midas we
                           have put in place Sustainable Procurement Policies that encourage our employees and
                           supply chain to review their consumption of resources such that we source only what
                           we need. Knowing where materials come from and identifying the ’chain of custody’
                           is equally as important. Our preference is to procure products that are manufactured
                           and can be used in an environmentally and socially responsible way and which are
                           accredited to a recognised environmental standard.
                           Where possible we will endeavour to identify and offer sustainable alternative products
                           to our customers and give preference to local suppliers and subcontractors.
                           We continue to raise awareness with our employees and our suppliers of the
                           environmental and social effects of materials procurement and ensure that
                           environmental credentials are considered throughout the supply chain appraisal
                           process.

    Reuse,                 Our project specific Site Waste Management Plans (SWMP) are key documents
    Reduce,                in our drive to eliminate waste going to landfill and in finding new opportunities to
    Recycle                reuse or recycle waste materials through efficient design and careful management
                           of the construction process. Each SWMP will set out measures for minimising
                           waste, maximising recycling and for dealing with problem areas; all designed to
                           ensure that we meet or exceed our target waste recycling rate across the Group.
                           At Midas we have developed long-term strategic alliances with key waste service
                           providers—using their feedback and information from site management returns we
                           are able to record monthly recycling figures.
                           We will continually look for opportunities to reuse, reduce or recycle, materials on or
                           off site.

    Carbon                 We will put measures in place to continue to reduce annual business mileage
    Footprint              and review maximum allowable emissions across the fleet. We will continue our
                           commitment to green tariff energy supply, increasing the use of energy saving
                           cabins on site and seeking additional ways to reduce our carbon footprint.

6   | GROUP SUSTAINABILITY POLICY & STRATEGY |
Profit                           Economic and Business

Expectations   With increased expectations for the construction industry to improve its
               environmental and social performance it has never been more important to build
               upon our achievements to date and embrace sustainability within the Group’s
               business strategy and corporate values.

Business       We recognise that by adopting sustainability best practice there is an opportunity to
Planning       deliver long-term benefits to the business, the Midas brand and our shareholders.
               By applying our vision as much to sustainability as anything else we can aspire to
               deliver industry leading performance in all that we do.

               When business planning we set targets relating to financial performance, workload,
               customers, training, development, and growth. Our approach to sustainability,
               as detailed within this strategy, encompasses all of these areas and will greatly
               influence corporate governance, management systems and procurement policies.

               Everyone plays a part in achieving our sustainability objectives - therefore we are
               committed to working with our employees, customers and supply chain to raise
               environmental and sustainability standards in the built environment. We are in a
               position where we are able and willing to understand the challenges, suggest
               alternatives and influence the outcome.

Shaping the    In a world where resources are becoming more constrained, using our sustainability
Business       strategy to help shape our business to be more adaptive to change, more efficient
               and more responsive to the challenges ahead will be a key factor in the Group’s
               continuing growth.

               Communicating both internally and externally is fundamental in demonstrating
               how the business is progressing with its sustainability strategy and how, by
               adopting sustainable construction methods, whole-life costs can be reduced. We
               communicate our intentions and progress externally via our website and internally
               via the Group’s intranet (Alchemy).

Business       In committing to our sustainability objectives and targets we will adopt an open,
Commitment     collaborative, professional and socially responsible approach to business; aiming
               to provide our customers with a quality of service that reflects our vision of being
               widely acclaimed for industry leading performance.

                                                             | GROUP SUSTAINABILITY POLICY & STRATEGY |   7
7 Steps                             ‘Building for Generations to Come’

                                                               ‘The way in which we plan, procure,
         steps to                                              construct and maintain our built environment

         sustainability                                        is critical to our quality of life now and in the
                                                               future. At Midas we have identified 7 strategic
                                                               areas which we believe are key to making
                                                               a positive contribution to the sustainability
                                                               agenda, ensuring that we remain focussed
                                                               on ‘building for generations to come’.

                             Carbon Reduction
                             Making buildings more energy efficient, increasing use of low or zero carbon
                             technologies, reducing site energy consumption, vehicle emissions, travel
                             distances and the need to travel.

                             Waste Management
                             Reducing waste, re-using and recycling where possible and ultimately
                             sending zero waste to landfill.

                             Sustainable Procurement
                             Using low impact, low embodied energy products, sourced locally and
                             responsibly from renewable sources.

                             Respecting Natural Resources
                             Using natural resources more efficiently in buildings and in the processes we
                             undertake; tackling water and raw materials use, biodiversity and pollution.

                             Community Engagement
                             Working with our clients, suppliers and community organisations to ensure
                             that our activities support local employment and positively contribute to the
                             wellbeing of the communities in which we work.

                             Training and Development
                             Committing to increasing the sustainability and environmental awareness
                             of our employees and our supply chain.

                             Communication
                             Improving internal and external communication methods and platforms to
                             ensure effective dissemination of information, the sharing and adoption of
                             industry best practice and consideration of new and emerging technologies.

8   | GROUP SUSTAINABILITY POLICY & STRATEGY |
7 Steps                        ‘Building for Generations to Come’

Why are the 7 Steps to Sustainability important to Midas?

Vision
As an extension to the Group’s dedication to achieve unrivalled levels of customer
service, enhancing our performance with respect to environmental and social
impacts will help to make Midas Construction, Midas Retail, Midas Interiors,
Mi-Space, Midas Energy and Midas Developments the delivery partner of choice
where sustainability is a key driver for our customers.

People
Making Midas the employer of choice – retention and recruitment of, and investment
in, people is becoming increasingly more important in an industry where
building relationships is just as important as building buildings.

Reputation
Improved standing in local communities.
An increasing number of construction clients are
demanding a real, rather than cosmetic, response
to the sustainability agenda.

Supply Chain
Making Midas the customer of choice, where
consultants, subcontractors and suppliers want to
be part of a progressive, caring, environmentally aware
team.

Efficiencies
Improved management processes resulting in reductions in energy
and water consumption, less wastage, higher levels of staff retention
and lower transport costs.

                                                                    | GROUP SUSTAINABILITY POLICY & STRATEGY |   9
10 | GROUP SUSTAINABILITY POLICY & STRATEGY |
POLICIES

      | GROUP SUSTAINABILITY POLICY & STRATEGY | 11
POLICIES                          ‘Building for Generations to Come’

   Policy Statement
   We are committed to the creation and maintenance of buildings that conserve rather than waste
   energy and aspire to build them in a way that minimises their environmental impact now and for future
   generations. By adopting current best practice and by continually seeking to improve, we will manage
   our business so that it delivers long-term value to our people, our clients, our supply chain, and the
   communities in which we work.

   Our Group Sustainability Director has overall responsibility for implementing our Sustainability Strategy
   at the most senior level and working with others to ensure that issues of sustainability are reflected in all
   policies where relevant. Due to the nature of sustainability, and our strategy for achieving change and
   improvement, there is no single sustainability policy that could address all the steps required, instead
   we work on ensuring our sustainability ethos and principles are absorbed into other policies across the
   business. This approach means that responsibility for ensuring our commitment to sustainability is upheld
   and cascades from our Group Sustainability Director through Executive and Operational Directors, Senior
   Managers and to individuals on our construction sites and in our offices.

   The policies that directly relate to our Sustainability Strategy are appended to this document:
     • Sustainable Procurement Policy
     • Timber Procurement Policy
     • Corporate Social Responsibility Policy

   Other policies that incorporate components with a strong impact on how we work towards upholding and
   improving the seven steps to sustainability include:
     • Health, Safety and Environmental Policy and Procedures (e.g. Considerate Constructors Scheme,
         Waste Management)
     • Learning and Development Policy
     • Contract Procedures (e.g. pertaining to health and safety plans, procurement, reporting)

    “Midas remains committed to operating in a socially
    responsible, sustainable and ethical manner. We
    are proud to be making a positive impact on the
    communities and environment in which we live and
    work.”

    Alan Hope, Chief Executive Midas Group
    January 2016

12 | GROUP SUSTAINABILITY POLICY & STRATEGY |
Sustainable Procurement Policy
Midas recognises its responsibility to carry out procurement activities in an environmentally and socially
responsible manner.
In line with our Sustainability Strategy and Environmental Policy Statement we will strive to incorporate
environmental and social considerations into our procurement processes.
We recognise that it is our responsibility to encourage our supply chain to minimise the environmental and
social impacts associated with the products and services they provide.
Midas will therefore:
Policy and Strategy
    x   Encourage our employees to review consumption of goods and services in order to reduce usage
        where possible and select on sustainable and responsible principles.
    x   Endeavour to identify and offer sustainable alternative products to our customers.
    x   Give preference to local suppliers and sub-contractors where practicable.
    x   Promote the minimisation of waste and maximisation of recycling.
    x   Seek to use non-toxic materials and refrigerants with a low Global Warming Potential.
Awareness and Communication
    x   Communicate this policy to all employees and our supply chain.
    x   Enhance the awareness of our employees and our suppliers of the relevant environmental and social
        effects of purchases through appropriate training and communication.
    x   Provide guidance and relevant product information to our employees to allow them to select sustainable
        products and services, sourced responsibly.
Engaging Supply Chain
    x   Encourage our supply chain to introduce sustainable processes and products.
Procurement Process
    x   Ensure that environmental credentials are considered in the supply chain appraisal process.
    x   Encourage our supply chain partners to seek relevant environmental certification such as ISO 14001.
    x   Include sustainability criteria in specifications where appropriate.
    x   Consider whole life costs, durability and embodied energy when assessing product suitability.
    x   Give preference to products that can be manufactured, used, and disposed of in an environmentally
        and socially responsible way and which are accredited to a recognised environmental standard.
    x   Promote best practice for sustainable procurement.
    x   Consider re-use of materials and materials with a high recycled content where practical.

    x   Endeavour to purchase products containing timber from a sustainable source complying with the Forest
                            ®      ®
        Stewardship Council (FSC ), Programme for the Endorsement of Forest Certification (PEFC) or
        Canadian Standards Association (CSA) certification schemes and identify the “chain of custody”. Refer
        to the Midas Group Timber Procurement Policy.
Measurement and results
    x   Develop processes to measure our compliance with this policy and measure our progress.

Steve Russell, Sustainability and Technical Services Director, Midas Group

March 2009; Revision 1.3: 20 April 201

                                                                               | GROUP SUSTAINABILITY POLICY & STRATEGY | 13


         

         

                                             Midas Group Timber Procurement Policy
         
             In support of our vision to be widely acclaimed f or industry leading perf ormance, we
             recognise the importance of minimising the impacts of our activities on the environment and
             the communities in which we operate.
         
             ‘Respecting Natural Resources’ and ‘Sustainable Procurement’ are two of the 7-Steps that
             form the basis of the Midas Group Sustainability Strategy, published in December 2011. In
             addition, our Sustainable Procurement Policy makes a commitment to sourcing wood
             products from legally and sustainably managed f orests.
         
             In order to conf irm an acceptable ‘Chain of Custody’ (COC), we will endeavour to purchase
             products containing timber which comply with the following schemes:
         
                 •   Forest Stewardship Council® (FSC®);
                 •   Programme f or the Endorsement of Forest Certification (PEFC);
                 •   Canadian Standards Association (CSA);
                 •   Malaysian Timber Certification Council (MTCC). Tropical Hardwoods Only.
         
             COC certification is a means of demonstrating that timber products have been tracked
             through the supply chain, f rom forest to f inal use. Certification is required for every stage in
             the process if the end product is to be sold as ‘Certified Timber’ and carry the logo of the
             certifying scheme.
         
         
         
                                  In July 2012, Midas Group achieved FSC Chain of Custody Certification
                                  with the following scope: The Specification and Procurement of timber
                                  and timber products for use in FSC projects.
         
         
         
         
         
         
             W e have established a preferred list of suppliers who hold one or more of FSC, PEFC, and CSA
             and MTCC Chain of Custody Certification, as identif ied within this document.
         
             Timber products will be procured by the Group Purchasing department and order
             documentation will specify where particular client requirements are to be met, e.g. ‘”All
             Timber on this project to be FSC Certified”. W here tropical hardwood is specified we will
             endeavour to source FSC or MTCC where possible. If certified timber is not available,
             creditable evidence will be sought which demonstrates legality, sustainability and
             traceability through the supply chain.
         
         
         

         
             Steve Russell, Sustainability and Technical Services Director, Midas Group

          Midas Group Timber Procurement Policy March 2009: Revision 1.11: 24 March 2016                         H9

14 | GROUP SUSTAINABILITY POLICY & STRATEGY |
MIDAS PREFERRED CERTIFIED SUPPLIERS




SUPPLIER                        CERTIFICATENO              SCHEME        EXPIRYDATE

ARNOLDLAVER               TTͲCOCͲ001673                    FSC           11.06.2017
                            BMTͲPEFCͲ0112                    PEFC          31.12.2018
                                                                          
BRIDGMANIBC               TTͲCOCͲ001510                    FSC           24.03.2019
                            BMTͲPEFCͲ0762                    PEFC          24.03.2019
                                                                          
BRADFORDSBUILDINGS        TTͲCOCͲ002395                    FSC           25.11.2017
SUPPLIES                   BMTͲPEFCͲ0377                    PEFC          25.11.2017
                                                                          
COTSWOLDDOORS             TTͲCOCͲ03135                     FSC           20.09.2019
                            BMTͲPEFCͲ0846                    PEFC          20.09.2019
                                                                          
CRENDONTIMBER             TTͲCOCͲ004664                    FSC           25.09.2018
ENGINEERING                BMTͲPEFCͲ0121                    PEFC          25.09.2018
                                                                          
DEVONHARDWOODS            TTͲCOCͲ003077                    FSC           04.01.2020
                            BMTͲPEFCͲ0817                    PEFC          04.01.2020
                                                                          
DJRROOFTRUSSESLTD       CATGͲPEFCͲ446                    PEFC          25.02.2019
                                                                          
DOORLINING.COM            SAͲCOCͲ002337                    FSC           11.11.2019
                            SAͲPEFC/COCͲ002337               PEFC          11.11.2019
                                                                          
GEO,WOODS&SONS(ENFIELD TTͲCOCͲ003814                    FSC           15.09.2016
SPECIALITYDOORS)
                                                                          
GEDOORSOLUTIONS(GE      TTͲCOCͲ002946                    FSC           05.03.2019
CARPENTRYSERVICESLTD)    BMTͲPEFCͲ0771                    PEFC          03.03.2019
                                                                          
ENVIAUDITSLTD(OXFORD     NCͲCOCͲ005535                    FSC           30.10.2016
TIMBERAUDITS)
                                                                          
HARDWOODSALESLTD         TTͲCOCͲ002170                    FSC           07.02.2021
                            BMTͲPEFCͲ0224                    PEFC          07.02.2021
                                                                          
HAZLINOFLUDLOW           TTͲCOCͲ001901                    FSC           15.01.2019
                            BMTͲPEFCͲ0037                    PEFC          15.01.2019
                                                                          
HOWDENJOINERY             SAͲCOCͲ001813                    FSC           31.01.2018
                            SAͲPEFCͲCOCͲ001813               PEFC          31.12.2018
                                                                          
HUMPHREY&STRETTON        CUͲCOCͲ806432                    FSC           11.07.2017
                                                                          
                         

   Midas Group Timber Procurement Policy March 2009: Revision 1.11: 24 March 2016                H9

                                                                   | GROUP SUSTAINABILITY POLICY & STRATEGY | 15
INTERNATIONALTIMBER              TTͲCOCͲ001094             FSC           19.07.2019
                                          BMTͲPEFCͲ0025             PEFC          19.07.2019
                                                                                 
       JELDͲWENUK                       SGSͲCOCͲ00554             FSC           10.12.2020
                                          SGSͲPEFCͲCOCͲ0062         PEFC          10.12.2020
                                                                                 
       JEWSON                            TTͲCOCͲ001528             FSC           22.02.2019
                                          BMTͲPEFCͲ0023             PEFC          22.02.2019
                                          BMTͲCOCͲ0054              CSA           06.07.2018
                                          BMTͲCOCͲ0054              MTCC          06.07.2018
                                                                                 
       KERNOWTIMBER                     CUͲCOCͲ807406             FSC           24.04.2019
                                          CATGͲPEFCͲ447             PEFC          13.03.2019
                                          BMTͲPEFCͲ0007             PEFC          14.07.2019
                                                                                 
       LATHAMSLTD(JAMES                TTͲCOCͲ001089             FSC           14.07.2019
       LATHAM)                           BMTͲPEFCͲ0007             PEFC          14.07.2019
                                                                                 
       MHJOINERYPRODUCTS               TTͲCOCͲ002827             FSC           27.03.2017
                                          BMTͲPEFCͲ0684             PEFC          10.06.2017
                                                                                 
       MEYERTIMBER                      TTͲCOCͲ001670             FSC           24.01.2021
                                          BMTͲPEFCͲ0057             PEFC          24.01.2021
                                                                                 
       MIDASGROUPLTD                   TTͲCOCͲ004123             FSC           23.07.2017
                                                                                 
       NEWWORLDTIMBER                  TTͲCOCͲ002581             FSC           13.04.2018
                                          BMTͲPEFCͲ0505             PEFC          13.04.2018
                                                                                 
       NORTHERNJOINERYLTD              BMTͲPEFCͲ0571             PEFC          10.07.2018
                                                                                 
       PREMDOR                           SGSCHͲCOCͲ006285          FSC           11.07.2016
                                          SGSͲCOCͲ0090              PEFC          02.07.2016
                                                                                 
       PREMIERFORESTGROUP              TTͲCOCͲ002162             FSC           08.05.2016
                                         BMTͲPEFCͲ0236             PEFC          08.05.2016
                                                                                 
       RIXONWAYKITCHENS                 SGSCHͲCOCͲ009432          FSC           03.06.2017
                                          GBͲ12/85822               PEFC          03.06.2017
                                                                                 
       ROBERTPRICE                      TTͲCOCͲ001944             FSC           03.04.2021
                                          BMTͲPEFCͲ0091             PEFC          03.04.2021
                                                                                 
       SCOTTTIMBER(HAMBROOK            TTͲCOCͲ003179             FSC           07.12.2018
       PALLETS)
                                                                                 
       SNOWSTIMBER                      TTͲCOCͲ001902             FSC           12.01.2020
                                          BMTͲPEFCͲ0072             PEFC          12.01.2020
                                                                                 
       SMARTBUILD                       CUͲCOCͲ833733             FSC           01.10.2019
                                                                                 

          Midas Group Timber Procurement Policy March 2009: Revision 1.11: 24 March 2016         H9

16 | GROUP SUSTAINABILITY POLICY & STRATEGY |
STAIRWAYJOINERY                TTͲCOCͲ002225               FSC           01.10.2016
                                                                          
TIMBMETLTD(C.LEARY&CO.     TTͲCOCͲ001063               FSC           08.03.2020
LTD)                            BMTͲPEFCͲ0001               PEFC          08.03.2020
                                                                          
TRAVISPERKINS                  TTͲCOCͲ001671               FSC           29.06.2018
                                BMTͲPEFCͲ0006               PEFC          29.07.2018
VICAIMADOORS                   NCͲCOCͲ017152               FSC           06.11.2016
                                                                          
VINCENTTIMBER                  TTͲCOCͲ002008               FSC           19.01.2020
                                 BMTͲPEFCͲ0145               PEFC          20.01.2020
                                                                          
WHBOND&SONS(BOND            TTͲCOCͲ003638               FSC           23.05.2021
TIMBER)                         BMTͲPEFCͲ1023               PEFC          23.05.2021
                                                                          
WOODSTOCKTIMBER                CUͲCOCͲ805654               FSC           22.02.2017
                                 CUͲPEFCͲ805654              PEFC          01.03.2017


   Midas Group Timber Procurement Policy March 2009: Revision 1.11: 24 March 2016                H9

                                                                   | GROUP SUSTAINABILITY POLICY & STRATEGY | 17
Corporate Social Responsibility

    Corporate Social Responsibility Mission Statement

    “Midas is committed to ethical behaviour and to sustainable economic development
    while improving the quality of life for their workforce, their families as well as the local
    community and society at large”

    Ethics Statement

    1. Clients: The Midas Group will serve it clients with honesty integrity and
       professionalism. We will provide our services with care, skill, competence and
       diligence consistent with the best interests of our clients.

    2. Standards of Practice: We will provide our services in a manner consistent with the
       established and accepted standards of the profession and with the laws and
       regulations which govern its practise. We will avoid conduct that would be
       considered unethical.

    3. Competition: We will maintain our professional reputation by competing fairly with
       our competitors at all times.

    4. Remuneration: We will negotiate fairly and openly with clients in establishing a
       basis for compensation. We will charge fees and expenses that are commensurate
       with the services to be provided and the responsibilities and risks to be assumed.
       We will remunerate our staff fairly.

    5. Public Welfare: Midas will not tolerate racial, sexual or political discrimination. We
       will hold the health, safety and welfare of our staff and the public in the highest
       regard and will seek ways to continuously improve our performance in this arena.

    6. Internal Support: Midas will conduct itself in the interests of our clients, staff and
       the wider community. We will actively promote honest and ethical behaviour and will
       support and protect anyone who ‘whistle-blows’ within the business where illegal or
       unethical conduct is concerned.
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18 | GROUP SUSTAINABILITY POLICY & STRATEGY |
Corporate Social Responsibility Policy
Customers                                        We will achieve this by:
                                                 x   Exceeding our customers expectations and meeting
We will listen to their views, exceed                the challenges placed on us to deliver against
expectations and remain agile to respond to          contracts
market requirements and competitive              x   Placing safety & sustainability at the heart of our
pressures                                            business and customer objectives
                                                 x   Respecting diversity and considering the needs of
                                                     users with special needs
                                                 x   Forging long term and mutually beneficial
                                                     relationships with our customers
                                                 x   Establishing a delivery model which integrates
                                                     design, procurement and construction effectively
People                                           We will achieve this by:
                                                 x   Investing and developing the skills and capabilities of
We will respect their views, provide a safe          the workforce through the Midas Academy and other
and healthy working environment and                  mechanisms
conduct business with integrity                  x   Understand the needs of our people by consulting
                                                     regularly and acting on what we hear
                                                 x   Remunerating our employees fairly
                                                 x   Valuing the diversity of our people
                                                 x   Complying with all relevant employment and Health &
                                                     Safety Standards
Community                                        We will achieve this by:
                                                 x   Actively encouraging participation in community
We will continue to support the communities          projects
in which we work and seek to behave with         x   Supporting local businesses, charities and the
integrity through engaging in consultation           economies in which we work
and contributing to the economic and social      x   Operating in a way which does not affect the safety of
well being of that area                              those around us
                                                 x   Working in Partnership with councils, planning
                                                     authorities and regulatory bodies
                                                 x   Respecting the diversity of communities in which we
                                                     operate and being sensitive to local needs
Environment                                      We will achieve this by:
                                                 x   Following the ISO:14001certification
We will seek to minimise the environmental       x   Fully committing to sustainable development and our
impacts of our activities on the surrounding         Environmental Policy
environment and communities, minimise            x   Complying with further relevant environmental
pollution and develop intelligent solutions to       legislation and standards
ensure continuous improvement in our             x   Encouraging the efficient use of resources and
environmental performance                            reduce emission of carbon dioxide wherever we can
                                                 x   Seeking alternative solutions which encourage
                                                     sustainable construction and more efficient waste
                                                     management
Suppliers                                        We will achieve this by:
                                                 x   Providing safe and healthy working conditions for
We will work as an integrated team with our          everyone working with us
supply chain to provide safe and healthy         x   Working in partnership with our suppliers to ensure
working environments and pursue best                 we are at the leading edge of construction techniques
practice.                                            and products
                                                 x   Seeking the views of suppliers and acting on what we
                                                     hear
                                                 x   Engaging our suppliers in our standards and policies
                                                 x   Managing our supply chain better to increase
                                                     efficiencies, reduce waste and enhance profitability

                                                                          | GROUP SUSTAINABILITY POLICY & STRATEGY | 19
Midas Group
Midas House, Woodwater Park, Pynes Hill, Exeter, EX2 5WS

T 0117 305 2100
E enquiries@midasgroup.co.uk
W www.midasgroup.co.uk
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