Minerva Equity Limited - 31 March 2019 Final 19.08.2019 - Flipbook - Page 5
Minerva Equity Limited (formerly DMWSL 881 Limited)
Chief Executive’s review (continued)
Operational performance
The group’s businesses typically operate under long term framework contracts secured in regulated
markets for major asset owners and operators such as Thames Water, Cadent, Network Rail,
Heathrow Airport, e.on, British Gas and BT Openreach. We take pride in having very long-term
relationships with our clients and aim to ensure that we invest in our contracts and client
relationships to deliver an excellent service to our client and our client’s customers. The group has a
secured order book of c. £3.1 billion including extensions at 31 March 2019, providing good visibility
of future revenues and activity.
Health and Safety
We are fully committed to the safety, health and well-being of all our employees and all those who
come into contact with our business. We stand firmly behind the statement that: ‘Nothing that we do
is so important that we cannot find the time to do it safely’. This ethos runs through the heart of our
businesses and we continue to strive to improve health and safety performance across all
operational areas. Continued safety performance benchmarking against competitors and clients
demonstrate that we are continuing to move in the right direction.
As at 31 March 2019, the Accident Frequency Rate (AFR) across the Group for the preceding 12
months was 0.06 and across the divisions was as follows:
M Group Services Safety Performance – 2018/19
Number of
Utilities
Telecoms
Transport
Accidents
Accident
Frequency Rate
(AFR)
18
0.02
0.02
0.15
Data
0.13
With regard to Health & Wellbeing, during the last year the Group provided regular Health &
Wellbeing Initiatives at site level and across the organisation. A number of employee engagement
events have been arranged and we have increased the utilisation of our social media platforms in
order to reach as many of our people as possible. Topics covered included mental health issues,
cancer awareness and improving physical fitness.
Environment
Our people work in every environment from the busiest towns and cities through to the remotest
areas. Minimising our environmental impact is a priority. It is our responsibility to share good
environmental practice while continuing to develop sustainable processes and behaviours across our
business and to our clients’ and supply chain. Within the utilities division In 2018/19 MUS achieved a
reduction in excavated waste to landfill as a percentage of total waste generated to 11.68% (5 year
rolling average) against a benchmark of 15.24% set in 2014/15. We intend to target a reduction on
environmental metrics of 0.5%.
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