Setting Targets for Material Issues
In FY14, our Sustainability Committee conducted a materiality assessment, which was subsequently updated for this report. Of the issues considered, the ones identified below reflect the areas of highest importance to our business and stakeholders. These issues are incorporated into our sustainability strategy and further addressed within this report. Each material aspect applies to some degree to all of our business units as well as to our external stakeholders.
The issues we deemed material are identified in the upper right quadrant and reflect a balanced accountability for People, Planet and Prosperity.
Results of the materiality assessment align with our internal Enterprise Risk Assessment outcomes, and our assessment process provides a means to periodically evaluate our focus areas and concentrate on those areas of greatest impact.
In FY16, we added Climate Change as a material issue.
Materiality Assesment
Significance to TRC Stakeholders + High
Emissions |
Energy Use |
Financial |
|
|
Performance |
Quality
Training and Education
Waste Reduction
Corporate Governance
Employment
Climate Change
Cybersecurity
Health and Safety
Supplier Assessment
Compliance
Significance to TRC Stakeholders + High |
_ Low |
_ Low |
Significance to TRC Business |
+ High |
_ Low
_ Low Significance to TRC Business
+ High
Note: TRC’ s fiscal year covers July 1 through June 30
6 | Overview