BUSINESS REVIEW People, Safety and Risk
Vector has a necessarily holistic and comprehensive approach to looking after the things that matter, be it people, communities, assets, or the environment. Our approach to people, safety and risk was reflected in our 2017 decision with regards to live- line work, and reflected more recently in our certification to AS/NZS 4801 and ISO 14001 standard for our Health Safety and Environment Management System. We are particularly pleased that the new gas bottling plant commissioned in Papakura is the first plant in New Zealand to have an approved Safety Case under the new upper tier major hazard facilities (UTMHF) regulations. Our philosophy of ‘safety always’ means our customers are experiencing more planned outages. We are working closely with the Commerce Commission on the issue, as we firmly believe safety should not be a secondary consideration to service targets. The last six months saw a renewed focus on more comprehensive safety reporting by our field service providers. As a consequence, we have unfortunately seen an increase in our Total Recordable Injuries Frequency Rate (TRIFR) in the first half of the year. As a result, we do not anticipate meeting our TRIFR reduction targets for the financial year but we are satisfied we are continuing to improve safety across our business and supply-chain. In a country like New Zealand where the impact of climate change is already evident from increased storm activity and increased risk of drought, Vector, like all businesses, must play a role in transitioning to a low carbon economy. This, along with responding to issues of inequality, underpins our approach to sustainability. We see sustainability as a key part of the new energy future that we are pioneering. That’s why we joined other leading global businesses in making a clear commitment to the United Nations Sustainable Development Goals. Our initial focus is on seven key areas: Good health and well-being; Affordable and clean energy; Industry, innovation and infrastructure; Reduced inequalities; PEOPLE, SAFETY & RISK
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VECTOR HAS A SAFETY ALWAYS
PHILOSOPHY THAT DRIVES THE WAY WE WORK.
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