‘A NEW CONTRACT WITH NATURE’
Sustainability and climate change directly impact almost every aspect of Bord na Móna’s activities - operationally, commercially and strategically. We have started on a journey with ‘A New Contract with Nature’ which will lead to the transformation of the Group over the next two decades and make Bord na Móna a highly sustainable organisation – both environmentally and financially. At the heart of this transformation will be our people.
This transformation will be driven from the top by the strategic objectives that will be set within each of the businesses. In order to achieve the objectives, new programs and initiatives will be undertaken, new processes and systems will be introduced, and key performance indicators will be identified. Each year we will measure our progress to ensure we are moving in the right direction.
This year we have produced our first Sustainability report, which replaces our Corporate Social Responsibility report. We see this as a key step for Bord na Móna.
The report has multiple objectives:
|•||It communicates to our various stakeholders, both internally and externally, many of the initiatives we are currently undertaking in relation to our people and the planet. This includes initiatives within our commercial businesses and also other initiatives in relation to biodiversity and the management of cutaway bogs.|
|•||It sets out some of the plans and targets we have over the next number of years to become a more sustainable Group.|
|•||In preparing the report, we are forced to think about the way we need to manage our businesses going forward – the performance indicators, metrics, data, and definitions needed by the businesses everyday to make sure our vision will be achieved over time.|
Over the coming year, further work will be done within the organisation to enhance next year’s Sustainability report. The goal of the report over time will be to accurately present a picture of the Group and how it is performing under the three key areas – people, planet and profit.
There are many challenges ahead for Bord na Móna, in a year of global economic upheaval, as the world’s leaders prepare to meet in Copenhagen to try to reach agreement on a replacement for the Kyoto Treaty. However, as we move towards a low-carbon world, significant opportunities exist for Bord na Móna to leverage its experience, assets and culture of innovation. We believe that living up to our ‘New Contract with Nature’ will enable us to capture many of those opportunities.
The goal of the report over time will be to accurately present a picture of the Group and how it is performing under the three key areas – people, planet and profit.