FY17 performance
As described below, ERM either met or made good progress towards the targets we set ourselves in FY17. We considered these results as we set our targets for the next year and beyond. The following table summarizes our results against our sustainability targets. Detailed information on our performance data is provided in the supporting data sections of this report.
Attracting, developing, rewarding and retaining employees
Our people-
FY17 targets
40 hours of training per employee
Results
40.6 hours of training per employee
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Voluntary turnover rate of ≤ 13%
Voluntary turnover rate 11.8%
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Ratio of female to male Senior Consultants and Partners increased by 5% from prior year results
Ratio of female to male Senior Consultants 34% vs 32.2% target
Ratio of female to male Partners 20.1% vs 21.1% target
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Each region develops medium-term diversity targets
Regional plans developed and further activities to be undertaken in FY18.
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Annual Employee Survey to meet or exceed Engagement and Enablement Index scores for professional services firmsAnnual Employee Survey Engagement and Enablement Index scores for professional services firms 64% actual vs 72% target
Business conduct, ethics and compliance
Governance-
FY17 target
No fines or nonmonetary sanctions for material noncompliance with laws or regulations
Results
No fines or nonmonetary sanctions for material noncompliance with laws or regulations
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100% completion of ERM mandatory new starter business conduct and ethics training in required timeframe94.6% completion of ERM mandatory new starter business conduct and ethics training in required timeframe
Climate change across our value chain
Climate change-
FY17 target
Develop medium- and long-term carbon targetsResults
Ongoing work by team of ERM experts to develop carbon targets based on science
Contributing to society and the environment
Society-
FY17 target
Measure the output contribution to the SDGs of ERM Foundation activities
Results
New reporting requirements now capture each project's inputs (i.e., grant funding and/or professional pro bono support) and outcomes in the context of the SDGs.
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1% of prior year profits contributed to global sustainability initiatives, primarily through the ERM Foundation
ERM contributed 1% of prior year profits to global sustainability initiatives, primarily through the ERM Foundation
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Strengthen engagement in leading sustainability organizations in line with new strategyStrengthened existing engagements and established new relationships in line with new strategy
Health & safety
Health & safety-
FY17 target
Annual TRIR and 3-year rolling average at or below prior year results
Results
Annual TRIR (0.39 actual vs.0.41 target) and 3-year rolling average (0.45 actual vs. 0.47 target)
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No fatalities or serious injuries
No fatalities or serious injuries
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100% completion of ERM mandatory new starter health and safety training in required timeframe
93.8% completion of ERM mandatory new starter health and safety training in required timeframe
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Improve SMS audit performance by 10% from prior year results (to 79%)SMS audit performance improvement by 10% from prior year results (82.1% actual vs. 79% target)
Technical expertise and independence
Implementing SDGs-
FY17 target
Develop and implement formal system for client feedback in line with new strategy
Results
Client feedback approach defined; survey tool developed and beta tested
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Deploy tools to evaluate the sustainability impacts of strategic and project-related decisionsTools deployed to evaluate the sustainability impacts of strategic and project-related decisions