Consistent with Principle 15 of “The Rio Declaration on Environment and
Development” the Executive Team supports the use of the precautionary
principle in its approach to risk management in its strategic planning and policy
implementation.
G4-14
G4-15
As a publicly traded company, we follow the New York Stock Exchange
Corporate Accountability and Governance Standards and have adopted the
criteria of “Internal Control, Integrated Framework (2013) issued by the
Committee of Sponsoring Organizations of the Treadway Commission,” as
required. Our Board of Directors also follows the legal standards and board
practices endorsed by the Conference Board’s Corporate Governance Handbook.
FY14 Target Achieved: Zero monetary fines or sanctions associated with non-compliance
with applicable laws and regulations. Target renewed for FY15.
FY15 Target: Increase gender diversity on Board of Directors.
COMPLIANCE
TRC is committed to meeting all client expectations and complying with
applicable legal requirements. We are pleased to report that in FY14 TRC had no
fines or non-monetary sanctions for non-compliance with laws and regulations.
FY14 Target Achieved: Zero monetary fines or sanctions associated with non-compliance
with applicable laws and regulations. Target renewed for FY15.
2014 Sustainability Report | 25
G4-SO8
G4-EN29