Kingspan Primacy Model Essay
Conclusion:
Kingspan showed a great engagement with stakeholders. Great emphasis was put on workforces’ education, training and their safety. The company has set up a graduate programme to enhance learning and training of individuals and also, to assist them in development of self-awareness. In analysis of Kingspan’s Annual Report 2016 it was also established, that the company continuously engages in improving the environment. Kingspan enforces initiatives which prime goal is to reduce waste, water usage and reduce the amount of energy used. ‘Net Zero Energy’ is one of the programmes that was set up to improve and minimise the usage of energy.
By complying with UK Corporate Governance Code 2016, Kingspan showed its engagement with shareholders …show more content…
Based on our research the shareholder and stakeholder policies of Kingspan have both worked well to add value to both policies. Kingspan takes an active role in corporate social responsibility and it shows how the Kingspan business models affect several stakeholders and shareholders in a positive way.
Stakeholder policy: As outlined in part B Kingspan’s CSR policy they take many stakeholders into account such as their employee’s, the environment, their suppliers and the community which surrounds the company.
As per Kingspan Annual report 2016 they show how they get involved in these factors.
1. Employee’s: They have a strong reputation for health and safety of their em-ployee’s in the workplace. All their facilities adopt effective health and safety management systems designed to reduce the risk of injury to its employee’s. High quality training is made available to employees to improve business per-formance throughout the different levels of the company hierarchy. King-span is committed to providing equal rights and diversity and clearly makes that evident in their 2016 Annual report where they have outlined through graph the diverse nature of their staff. In 2016 Kingspan established gradu-ate recruitment programme to help employ students leaving college and de-veloping their skill
Kingspan showed a great engagement with stakeholders. Great emphasis was put on workforces’ education, training and their safety. The company has set up a graduate programme to enhance learning and training of individuals and also, to assist them in development of self-awareness. In analysis of Kingspan’s Annual Report 2016 it was also established, that the company continuously engages in improving the environment. Kingspan enforces initiatives which prime goal is to reduce waste, water usage and reduce the amount of energy used. ‘Net Zero Energy’ is one of the programmes that was set up to improve and minimise the usage of energy.
By complying with UK Corporate Governance Code 2016, Kingspan showed its engagement with shareholders …show more content…
Based on our research the shareholder and stakeholder policies of Kingspan have both worked well to add value to both policies. Kingspan takes an active role in corporate social responsibility and it shows how the Kingspan business models affect several stakeholders and shareholders in a positive way.
Stakeholder policy: As outlined in part B Kingspan’s CSR policy they take many stakeholders into account such as their employee’s, the environment, their suppliers and the community which surrounds the company.
As per Kingspan Annual report 2016 they show how they get involved in these factors.
1. Employee’s: They have a strong reputation for health and safety of their em-ployee’s in the workplace. All their facilities adopt effective health and safety management systems designed to reduce the risk of injury to its employee’s. High quality training is made available to employees to improve business per-formance throughout the different levels of the company hierarchy. King-span is committed to providing equal rights and diversity and clearly makes that evident in their 2016 Annual report where they have outlined through graph the diverse nature of their staff. In 2016 Kingspan established gradu-ate recruitment programme to help employ students leaving college and de-veloping their skill