GO

Argos logo Homebase logo
Corporate Responsibilities 2006/07 > CR in our business > Objectives, targets and policies Print Page

Objectives and targets

In the year being reported upon we set ourselves 11 objectives. We are pleased to report that, despite the changes to the business through our demerger from GUS, all of these were either achieved or substantial progress made towards them. Our achievements are summarised in the table below together with a link to where further information can be found.

CR objectives FY 2007
Progress
Comments Link
CR Management      
Establish CR strategy and management structure for the newly formed Home Retail Group
tick
New management structure has been developed and implemented. CR management arrangements
Waste      
Reduce carrier bag consumption by 15% (fy 2006)
Ongoing
The number of bags used by the business has initially been reduced by 5%. The reduction initiative was introduced in our stores in November 2006 so has not yet produced a full year of results. It continues to be promoted with customers. Minimising packaging
Attain ISO14001 status for two DCs per annum
tick
Three DC’s have obtained ISO140001 accreditation. Environment
Offer catalogue recycling facilities to customers
tick
Catalogue recycling facilities are available nationwide in Argos stores Being a responsible catalogue retailer
Energy      
Save 2% in energy use (KWh/sq ft) in FY 2007
tick

A reduction in excess of the target was achieved of an over 8 % per sq ft saving during the first three quarters of the financial year. This was driven in part by the unseasonably warm weather during the winter.

Buildings
Achieve at least 10% green power in FY 2007
tick

28% of the electricity bought by Home Retail Group is from renewable sources.

Buildings
Community      
Argos aims to raise £1m over two years for Help the Hospices ( 05-07)
tick

Argos staff have raised more than £1 million for the hospice movement and this figure is forecasted to be £1.2m by the end of our partnership

Charitable partnerships
Homebase aims to raise £500,000 over two years for Marie Curie Cancer Care (06-08)
Ongoing
In the first five months the partnership has raised approximately £280,000 Charitable partnerships
Home Retail Group aims to raise payroll giving participation to over 10% and offers employees the opportunity to increase donations each year by 3%
Ongoing
Argos has achieved the target, with Homebase reaching 8% to date. Other community investment
Workplace and HR      
Develop organisation structures and career pathways in the new Group to support the Group’s strategy for growth
Ongoing
We are committed to developing management talent and currently run several major programmes for employees identified with high potential – including one being run in conjunction with Manchester Business School who run the Retail MBA programme in the UK. Induction, training and developing management talent
Improve Heath and Safety reporting mechanisms across the Group
tick
We have launched our ‘Simply Safer’ campaign to draw together best practice across the Group and developed straightforward, simple working procedures. This includes accident reporting. Health & safety and Well being

Our objectives and targets for 2007/08 are available here. Download PDF

Top of page

 

     Accessibility | Downlod Site in PDFDownload Site in PDF