Page 90 - Vaculug Sustainable Report 2022

FIGURE 4: Stakeholder Shared Value & Engagement
STAKEHOLDER GROUP
VALUE CREATED
IMPACT
SUPPORTING THE SDGs
Customers (Retreading & Fleet Management)
• We produced a Carbon Footprint Assessment Report which we offer to our customers to help them better understand their own impact, and to help them identify where they can improve.
• We have created a Carbon Footprint calculator for our customers to access as a tool that can help them on their journey
• We produce premium quality products with our retreaded tyres that last longer (as they undergo more inspection than new tyres)
• We also aim to deliver exceptional value for money.
Our retreaded tyres cost our customers 40% less than
a new tyre, delivering savings to our customer while minimising the impact on the environment.
Annual Environmental Report provided to each Vaculug customer.
Carbon Footprint calculator has been used by 98 clients to date
Retreaded tyres deliver 40% savings to our customers (vs buying new tyres)
Partners
• Through our recycling efforts with Murfitts Industries, we are creating value in the products that are being produced from our recycled materials. Local communities benefit from various products produced, including sport surfaces and surfaces for children’s playgrounds.
• In collaboration with City Councils, we have sponsored improvements of local playgrounds.
• We partnered with the Metropolitan Police to host a Road Safety and Tyre Awareness workshop, in support of SDG 3 (Good Health
& Wellbeing), and specifically SDG indicator 3.6.1 (reduce the death rate caused by road traffic injuries).
• In 2022 we collaborated with a Sustainability Advisor to develop our first Sustainability Strategy and Sustainability Report.
228,000 of tyres recycled & diverted from landfill/year
6,129 tonnes of materials (rubber and steel) recycled with Murfitts in 2022
Approximately 35 stakeholders (employees, customers, suppliers) attended the session.
Value Chain Suppliers
• Through our supply chain business relations, locally
and globally, we are directly supporting the growth of local economies, and indirectly contributing to local employment.
• Introduced policy to ensure we are not sourcing raw materials from conflict zones.
• Our fleet management operations provide employment opportunities locally.
Numerous annual contracts with our suppliers.
Employees
• We create well-paid quality jobs in support of SDG 8
• We provide equal employment and development opportunities at our local production plant and HQ in Grantham.
• We organise and host various events throughout the year that engage and entertain our Vaculug employees and their families, with the aim of creating a caring and fun family culture. It is just one of the ways we show our employees how much we value them.
• We leverage the expertise and talents of our people to identify and develop internal training programmes for employees who are new or are transitioning from one role to another.
• We have several initiatives in place supporting the health and well- being of our employees.
• Code of Conduct, developed in 2022/2023, outlines our conduct expectations in line with our company values.
159 people employed at Vaculug.
Majority of our employees participated in formal development/
training programmes in 2022.
All Vaculug employees
had access to development with Vaculug University.
SUSTAINABILITY IN MOTION 2022 90