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Strategic themes

Our CR programme is encapsulated by seven strategic themes, all of which support and contribute to the achievement of our business goals.   

The values and standards that we subscribe to as a company are at the core of our CR programme. They are embodied in the five principles that describe the way we work: energy for change, respectful and inclusive, freedom to operate, openness and honesty and positive teamwork.

Assessing what’s important to Coats

To identify and prioritise what the important CR issues are for our business and to provide a focus for the future CR programme we have developed a robust approach to materiality assessment.   Our assessment framework measures the relative importance of particular CR issues both to our business and to our stakeholders.  We review our materiality analysis on a regular basis, as a minimum every two years, and did so again during 2015.  53 material issues were highlighted during the 2015 review and grouped according to our seven strategic themes shown below.

CR strategy diagram

Our CR programme

For each of our strategic themes, we have an on-going action plan to direct our progress.  Our CEO leads the programme, which is administered by our global Head of CR, making sure that we achieve our objectives.  Across the business we have a network of CR Champions, who support our Head of CR to deliver strategy and help implement the action plans.

 

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