What does this element of the programme entail?
|Material issues||Our principles|
|Talent management and development||We are committed to people development at every level of the organisation.|
|Competitive pay and reward||We offer competitive renumeration to our people.|
|Employee engagement||We value our people and actively work to improve employee engagement.|
|Diversity and inclusion||We understand, respect and value personal and cultural differences.|
|Health and safety||We will not compromise the health or safety of any individual.|
|Ethical behaviour and human rights||We adhere to strict HR policies and comply with our own Code of Conduct.|
Why is it material to Wolseley?
|Talent management and development||A multi-skilled and well trained workforce will help us to deliver against our objectives and adapt to changing customer needs.||Changing operating models require us to constantly up-skill our people. A competitive marketplace puts greater emphasis on excellent career development programmes to attract and retain talent.|
|Well structured remuneration and incentive programmes align employee and company objectives in order to maximise results.||Attracting and retaining the best people is dependent on the strength of remuneration programmes.|
|Employee engagement||Motivated and engaged people deliver excellent customer service, develop strong supplier relationships and maximise operational efficiencies.||Low employee engagement can lead to suboptimal business results and poor retention of our people.|
|Diversity and inclusion||A diverse workforce brings with it the widest range of knowledge, skills and experience and promotes innovation. An inclusive environment allows our people to feel at ease in the workplace.||In an ever-changing market a lack of diversity can limit business progression.|
|Health and safety||A robust health and safety programme protects our people, customers and suppliers. It also improves productivity by reducing the number of days lost to injury.||Our principal health and safety risks relate to manual handling, working at height, the use of motorised equipment and vehicle collisions.|
|Ethical behaviour and human rights||A commitment to high ethical standards strengthens our reputation with customers, suppliers and other stakeholders.||The business is exposed to risks of bribery and fraud. Compliance programmes are in place to mitigate these risks.|