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Balfour Beatty Corporate Responsibility Report 2006

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Investments & developments

Balfour Beatty Capital is one of the largest UK private sector investors in healthcare, education and transport infrastructure. It has a broad range of infrastructure investment skills, from project promotion and development through to financing, project execution and long-term asset management and operations.

The company has numerous offices throughout the UK, and is committed to further increasing its investment base in UK Public Private Partnerships (PPP), Private Finance Initiatives (PFI), as well as non-PFI investment.. Balfour Beatty Capital is also expanding into overseas markets with offices in the US, Germany and Singapore.

At Balfour Beatty Capital corporate social responsibility is core to all activities. The company recognises that in order to prosper it needs to ensure that the communities in which it works genuinely benefits over the long-term. The projects play a key role in creating and caring for communities and the people the company serves, and as such, Balfour Beatty Capital places responsible practices at the heart of all its activities.

Projects are managed in a sustainable and environmentally sensitive manner and the company aims to ensure that resources are used responsibly, recycling where possible and working with suppliers who share the same principles and are willing to pioneer environmental initiatives.

An environmental task group exists to evaluate the possibility of incorporating renewable energy techniques into new and existing projects, and to work with partners to help meet or exceed the UK Government's targets for reducing carbon dioxide emissions.

A dedicated community engagement team works with concession companies and in partnership with the local community to promote community cohesion, support social regeneration and tackle issues such as crime, vandalism and unemployment.

The commitment to safety stretches across all areas of the Balfour Beatty Capital business. Through communication, training and monitoring the highest levels of safety are maintained at all times. Ongoing initiatives include promoting behaviourial based safety, healthy living, driver safety awareness and safety by design.

There are over 15 nationalities represented within the workforce and the proportion of ethnic minorities increased from 5.34% in 2005 to 6.25% in 2006. The number of women employed within Balfour Beatty Capital was 40% in 2006. The 2006 employee survey showed that the company continues to enjoy high morale with a satisfaction level of 91% . Identified areas for development and progress are openly shared throughout the organisation at management conferences, company updates and through the company newsletter.

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Chairman’s and Chief Executive’s statement

In 2006, we were awarded the Quality in Construction prize for the best Corporate Responsibility programme in the industry. Such recognition is gratifying, but we remain determined to continue to make progress in all aspects of corporate responsibility.

Read the full Chairman’s and Chief Executive’s statement

Helping to tackle global issues

We are committed to the principles of Sustainable Construction and have engaged with Friends of the Earth, Greenpeace and the Environment Agency to understand external expectations of our environmental performance. We also play a part in helping reduce poverty in third world countries.

Read about the range of our work in tackling global issues.