As stewards of important social infrastructure investments, many stakeholders are impacted by our actions: users, local communities, our employees, investors, public sector clients, subcontractors, the environment, and society at large. We take this responsibility seriously.
Stakeholder engagement
Our stakeholders increasingly expect us to consider and act on a range of sustainability issues. We are guided by our values of good governance, and our responsible mindset drives what we do both at the corporate and Portfolio Company level. We expect all our employees to keep these guiding principles in mind when engaging with our stakeholders.
As a member of the AIC, BBGI acknowledges Provision 5 of the AIC Code’s expectation for all members to comply with the continuing requirement under Section 172(1) CA2006 for boards to take stakeholder interests into account, and to report how they have done so when performing their duties. Details of how we adopt the spirit of those provisions and consider our stakeholders are outlined here :
For further details about our stakeholder engagement approach, please see our latest ESG Report, the latest for which can be found here.
Materiality assessment
In 2021, we performed a comprehensive materiality assessment to identify the most material sustainability issues that are priorities for our stakeholders and where the impact of our operations is most significant.
As part of this assessment, we engaged with key internal and external stakeholders. Our stakeholder engagement focused on our employees, investors, clients, partners and subcontractors. The ten most material topics define our ESG framework, each tracked by a performance indicator. An external specialist firm has verified that our methodology to engage with stakeholders and prioritise key issues was aligned with best-practice sustainability standards.
Our materiality assessment enabled us to identify ten sustainability topics that are priorities for our stakeholders and where our impact is most significant.
For further details about our materiality assessment and stakeholder engagement, please see our latest ESG Report, the latest for which can be found here.