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External Verification Statement
Objectives and Scope
Casella Stanger has been commissioned by Carillion plc to conduct an independent verification of the reported performance of its 2003/04 sustainability targets. This is the main way by which Carillion demonstrates its sustainability performance.
The overall aim of the verification exercise by Casella Stanger is to assess target performance and provide assurance to stakeholders that the information provided is accurate, reliable and objective.
Methodology
The 2003/04 sustainability targets were verified through independent audits at Carillion plc. During the audit, evidence of target achievement was reviewed. This involved interviews with those responsible for the targets, inspection of internal and external records, document review and interrogation of in-house databases. Progress against a total of 18 targets was verified.
Target Performance
In 2003/04 the average target score was 92% with 11 out of 18 (61%) targets being fully achieved. This is consistent with performance over the last 4 years.
Opinion
We are satisfied that Carillion has published a complete and accurate reflection of progress against its sustainability target achievement.
Progress within Carillion is demonstrated by the continued integration of sustainability throughout Carillion at corporate and site level. We were particularly impressed with the scope of Carillion’s sustainability targets which cover issues of material importance to its operations and are aligned with Carillion’s core business values.
A number of recommendations were made as part of last year’s verification process, however, it is not clear how these were progressed in 2003/04. Therefore, our overarching recommendation would be that Carillion develop a formalised process at the beginning of the reporting year to ensure that these are captured. This recommendation also applied in 2002/03.
As part of Casella Stanger’s verification a series of further priority recommendations were identified and provided to Carillion plc.
Signature
Tracy Oates
Principal Consultant
March 2004
Casella-Stanger
Great Guildford House
30 Great Guildford Street
London
SE1 OES
www.casellagroup.com |
