Fletcher Building Ltd 2018 AR2
The report outlines Fletcher Building's performance and strategic refocus for the 2018 fiscal year, highlighting a new strategy to simplify operations and focus on core markets in New Zealand and Australia. During the year, the company successfully completed a NZ$750 million capital raising to strengthen its balance sheet and manage losses in its construction division. In sustainability, Fletcher Building achieved a 26% reduction in its Total Recordable Injury Frequency Rate (TRIFR) to 5.1 and improved employee engagement to 70%. The company also advanced environmental initiatives, such as Golden Bay Cement's alternative fuels project to substitute coal with end-of-life tyres.
Company: Fletcher Building Ltd
Sector: Manufacturing
Country: New Zealand
Year: 2018
Type: AR2
Pages: 130
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Fletcher Building Ltd
Annual Report
The report outlines Fletcher Building's performance and strategic refocus for the 2018 fiscal year, highlighting a new strategy to simplify operations and focus on core markets in New Zealand and Australia. During the year, the company successfully completed a NZ$750 million capital raising to strengthen its balance sheet and manage losses in its construction division. In sustainability, Fletcher Building achieved a 26% reduction in its Total Recordable Injury Frequency Rate (TRIFR) to 5.1 and improved employee engagement to 70%. The company also advanced environmental initiatives, such as Golden Bay Cement's alternative fuels project to substitute coal with end-of-life tyres.
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Document Details
Report Year
2018
Reporting Period
Jul 1, 2017 - Jun 30, 2018
Fiscal Year
2018
Published
Aug 22, 2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees