Growing and enhancing sustainability performance is part of Bennco Engineering’s Short-Term Incentive program and remuneration framework for Bennco Engineering Executives, which emphasises our commitment to clients, customers, employees, regulators and communities.
Our Board sets robust performance targets, which are supported by the Short-Term Incentive program.
For safety, health and wellbeing, these targets are:
- Zero fatalities
- Lost time injury frequency rate (LTIFR) of less than or equal to 0.90
- Total injury frequency rate (TRIFR) of less than or equal to 3.50
Other performance requirements and metrics will also be decided in collaboration with our customers and delivery partners to meet specific project arrangements and programs. These are captured in our safety management plans, and through our project delivery methodologies.
For environment, the performance targets are:
- Zero environmental prosecutions,
- Zero Level 5 or Level 6 environmental incidents (A Level 5 environmental incident is defined as any incident that causes significant impact or serious harm on the environment, where material harm has occurred and if costs in aggregate exceed $50,000. A Level 6 environmental incident is defined as an incident that results in catastrophic widespread impact on the environment, resulting in irreversible damage.)
- Zero significant environmental incidents (A significant environmental incident or significant environmental spill, greater than Level 4, is any environmental incident or spill where there is significant impact on or material harm to the environment; or an incident or spill that results in a significant impact or material harm; or there is long-term community irritation leading to disruptive actions and requiring continual management attention).
