Vector Annual Report 2018

Business Unit Reports People, Safety and Risk

AN INCLUSIVE EMPLOYER// We are determined to foster a culture of innovation and diversity of thought as we see this as essential for future proofing our business to be able to embrace disruption. This includes targeting our demographic mix, tackling inequalities and investing in our people. Workforce demographics We are starting to make traction on our goal to have a workforce representative of New Zealand’s population – across gender, ethnicity and age. We have seen a slight improvement in the percentage of women working in our business overall. However, for women in leadership positions the change has been significant. Women now make up 34% of our direct reports to the executive team, up from 21% in FY17. At the governance level, an additional female director has been appointed this year, resulting in 38% female representation. Vector’s ethnicity demographics have recorded minor movements since 2017 with employees identifying as Asian increasing by 1.7% and Māori 0.6%. Despite respective 2.0% increases since 2014, Māori and Pasifika remain under- represented in our workforce. This is something we are actively addressing through leadership initiatives such as Te Whakaterehia Māori Acceleration Programme and Vector’s Growing Pasifika Niu Leaders Programme. The age of our employees hasn’t had any significant changes from FY17. We remain under-represented in the 20 to 29 age group. We are seeking to address this through several initiatives to attract youth. Each year we run direct programmes to bring young people into the business including summer internships, graduate placement and apprenticeships. In FY18 we enrolled 12 young people across these programmes. Women in STEM As an engineering, technology and increasingly digital business Vector has supported a range of initiatives that promote Science, Technology, Engineering and Mathematics (STEM) to young women to encourage them to choose a career in these fields. Vector participated in ShadowTech, an initiative that provides girls in Years 9 to 11 with an opportunity to experience what working in the technology sector is like, hosting and mentoring students. We also continue to sponsor the EPro8 Challenge and were involved in Future in Tech’s Tiaki Programme. These STEM focused programmes provided an opportunity to meet and interact with some of our female engineers. Our ongoing schools programme where we teach pupils about energy safety and sustainability is another area where girls are exposed to the industry. Our Kapuni facility also participated in Girls with High Vis, inviting young women to try jobs that traditionally are more popular with men.

PEOPLE, SAFETY AND RISK

Building resilience across our business, and empowering our people is what our People, Safety and Risk team does best. From implementing diversity and inclusion initiatives, investing in our peoples learning and development, ensuring everyone gets home healthy and safe, to guarding the future sustainability of Vector, everything our team does is about creating and protecting value. This enhances our reputation, making sure that we attract and retain the best people, while keeping pace with a constantly changing and challenging environment.

Women now make up 34% of our direct reports to the executive team, up from 21% in FY17.”

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