Corporate Report for the year ended 30 June 2022
Introduction and overview
Governance and risk
Security holder information
Reporting what matters
Materiality review We have used both stakeholder feedback and reporting guidelines to determine the non-financial topics included in this report. Our business strategy—by understanding what matters to our stakeholders, we create road transport solutions that make us a partner of choice—is central to our reporting. Our stakeholder engagement activities, key issues identified and our responses to stakeholder issues are available on pages 12 to 13. Sustainability frameworks used include: GRI and SASB standards on pages 226 to 238; TCFD recommendations ; and UN SDGs .
Detailed risk management summaries are included on pages 85 to 88. Figure 1 summarises FY22’s highest- priority topics identified from the above materiality reviews, including how these topics address issues raised by various stakeholders and frameworks. The issues we have determined as the most material are generally covered within the relevant stakeholder section in this report. Topics deemed less significant are reported in the GRI Index (page 226).
For more than a decade, we have evaluated and prioritised topics that we believe are material to our business for inclusion in our reporting suite. A material issue is one that is significant for Transurban in terms of impact (actual or potential economic, environmental, and social impact) or influence (level of interest and potential to influence stakeholder decisions).
Figure 1: Material issues and alignment with stakeholders and reporting frameworks
Frameworks Corporate sustainability
Stakeholder groups 1
Material issues in FY22 Road safety Our roads, research, and community safety initiatives
Customers Customer satisfaction, hardship support, data privacy and cybersecurity Local communities Community engagement, social investment and creating community spaces Environment Climate change, energy and carbon, air quality, materials and biodiversity Health and safety Our employees, contractors and workplaces Wellbeing and diversity Supporting diversity, inclusiveness and fair work practices Supply chain Procurement practices, shared value and human rights including Modern Slavery Our business Financial performance, road effectiveness,
7 12 13
301, 302, 305
Our people; Business partners and suppliers 403
Government and industry; Business partners and suppliers 204, 412
economic impact, job creation and response to COVID-19 pandemic
Investors; Government and industry
Governance Strategy and risk management, legal and regulatory compliance and ethical business practices
Investors; Our people
1 ‘Stakeholder groups’ refer to the main stakeholders where this issue is most relevant, but in many cases these issues overlap several or all stakeholder groups’ interests
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