Our plan for an inclusive, equitable and healthy future for all 2022 2025

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Our plan for an inclusive, equitable and healthy future for all 2022 2025
Our plan for an inclusive, equitable and healthy future for all

                                                                  2022 – 2025
Our plan for an inclusive, equitable and healthy future for all 2022 2025
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                       01

We’re all diverse.                                      Everyone is Included…
                                                        Welcome!

We all have a story.                                    When all our colleagues can be
                                                        themselves and achieve their full
                                                        potential, we’re better able to create

We’re all included.                                     the more efficient, safer and sustainable
                                                        world that we all aspire to have.
                                                        Everyone is Included is our plan to build inclusive
                                                        and equitable workplaces as well as the culture
                                                        that will make this possible.
                                                        Within our plan, we have ten Group Inclusion
                                                        Commitments. These Commitments apply to
                                                        everyone who works in our Group and are our way
                                                        to make a positive difference to the lives of all our
                                                        colleagues around the world.
                                                        Inclusion is a team effort. By living our values and
                                                        being our authentic selves, we can all make our
Contents                                                difference for each other – together and every day.
Introduction: Purposeful inclusion         02          This is a journey that will develop and grow
Our inclusion journey so far               04          in the years ahead. We’ll add to it over time.
Why inclusion matters                      05          We’ll celebrate our successes and we’ll learn
to our colleagues                                       from things that don’t quite go to plan. We’ll share
How we developed                           07          our experience and make progress along the way.
Everyone is Included                                    We’ll become even more inclusive and we’ll do
The principles behind our plan             08          it together.
Our inclusion maturity journey             09          This is a journey to benefit our colleagues,
The next stage of our inclusion journey:   10          our businesses, our customers, our suppliers,
Everyone is Included                                    the communities we’re part of and everyone
Our Inclusion Plan                         11          who works with us.
Our inclusion themes                       13          It’s a journey in which everyone is included.
Our Group Inclusion Commitments            17
A culture based on values                  30
                                                        Nick Anderson
                                                        Group Chief Executive, Spirax-Sarco Engineering
Our plan for an inclusive, equitable and healthy future for all 2022 2025
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                                              02

Introduction: Purposeful inclusion

Every day, our colleagues are working                      Inclusion is present in all of this. It runs through every     And they create the conditions in which a diversity
                                                           one of our values. It’s central to the promises we make        of people can truly thrive, with the advantages that
to engineer a more efficient, safer and
                                                           to our colleagues. It’s critical to achieving our purpose.     a wide variety of skills, experiences, thinking and
sustainable world. It’s a shared purpose                                                                                  perspectives bring.
                                                           For us, inclusive cultures are ones where everyone
across our Group and a big task –                          feels safe, welcome, valued, able to be themselves             An inclusive culture benefits individuals, contributes
one that’s vital to people and our planet.                 and achieve their full potential.                              to the success of our business, and improves the
                                                           They have a focus on equity – which means fair                 world around us – this is exactly what our purpose
Our strategy and business model help us to achieve
                                                           treatment for everyone, by recognising the unique              sets out to do.
our purpose. They provide direction and focus. Part of
this is our Group sustainability strategy, One Planet:     challenges different people face and supporting them           That’s why we created Everyone is Included.
Engineering with Purpose. That focuses on the wellbeing    to help them succeed.                                          We’re committed to empowering an inclusive and
of our planet and the communities we are part of.          Inclusive cultures prioritise wellbeing, whether that’s        equitable working culture where all our colleagues
                                                           physical, mental, emotional, financial, spiritual or another   can be themselves and achieve their full potential.
Achieving our purpose also depends on our culture
– what we do in our workplaces and how we operate.         aspect of wellbeing.                                           It’s conscious inclusion and it’s purposeful in
For us, that includes our shared values. These guide                                                                      all respects.
our decisions and behaviours wherever we work in
the world.
As part of this culture based on values, we promise       “When our colleagues can be
our colleagues challenging work with real impact and
the chance for development every day. That’s best           themselves at work, they can
achieved in supportive teams with strong relationships.     achieve their best, and when
It’s those types of teams and relationships that
enable us to better understand and help each other.
                                                            we all understand more about
They allow us to learn and grow. They empower us            each other, we can better support
to be our best, authentic selves.                           everyone on life’s challenges.
                                                            This thinking, and the passion
                                                            our colleagues have for inclusion,
                                                            is just one reason why I’m
                                                            very proud to be part of the
                                                            Spirax-Sarco Engineering Group.”
                                                           Darren Towers
                                                           Head of Inclusion, Equity and Wellbeing
                                                           Spirax-Sarco Engineering
Our plan for an inclusive, equitable and healthy future for all 2022 2025
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025   03

“A focus on inclusion means
  everyone has the chance to be
  a success at work. It means we
  are a great place to work for
  talented people around the world.
  It makes us even better able to
  support our customers and make
  a difference in the communities
  we are part of. It’s something that
  we can champion wherever we
  are in the world. We all have a role
  to play.”
 Teeny Parwongphol
 Regional General Manager, South East Asia
 Steam Specialties

                                has a role to play
Our plan for an inclusive, equitable and healthy future for all 2022 2025
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                                                                         04

Our inclusion journey so far

Our focus on inclusion has evolved over the years as we’ve developed                                                                               2021
and grown. Reflecting on where we’ve come from and what we’ve achieved so                                                                          • Launched global Working Families Forum,
                                                                                                                                                     Watson-Marlow Disability Forum and Steam
far has been a key part of developing Everyone is Included and as we broaden                                                                         Specialties EMEA LGBTQ+ & Friends Network
and deepen our focus.                                                                                                                              • Joined the Business Disability Forum
                                                                                                                                                     and Stonewall
Highlights from our story so far:                                                                                                                  • Became one of the first 100 signatories
                                                                                                                                                     to the Change the Race Ratio campaign
                                                                                                                                                   • Signed the Race at Work Charter
                                                                                                                                                   • Launched a global Wellbeing
                                        2017                                                                                                         Toolkit in 17 languages
                                                                                                                                                   • Established a Mental Health
                                        • First Group-wide
                                                                                                                                                     First Aiders Network
                                          Diversity and
                                          Inclusion policy
                                                                                              2019                                                 • Embedded diversity demographic
                                                                                              • Board establishes Employee                           questions in global Employee
                                        • First global Employee                                 Engagement Committee to                              Engagement Survey
                                          Engagement Survey                                     directly engage colleagues
                                                                                                                                                   • Created first global Inclusion Plan
                                        • Gender pay gap reporting                              in focus groups
                                                                                                                                                     and Group Inclusion Commitments
                                          started in the UK

             2016                                                    2018                                                                                                      2022
             • Marked International                                  • Global graduate                                                                                         • Launch of Everyone is Included…
               Women in Engineering                                    programme sets and achieves                                                                               and our journey continues
               Day for the first time                                  target of 50% female intake
               across our Group –                                    • Women’s global
               becomes an annual                                       Executive Mentoring
               celebration                                             Programme launched
                                                                     • Group-wide values
                                                                       refreshed with inclusion
                                                                       as an embedded theme
                                                                                                                     2020
                                                                                                                     • Launch of Women’s Career and        • Black History Month
                                                                                                                       Personal Development Network          marked in UK
                                                                                                                     • Global Employee Assistance          • Achieved and exceeded Parker
                                                                                                                       Programme launches                    Review and Hampton Alexander
                                                                                                                     • Group-wide celebration of             Review targets on ethnic and
                                                                                                                       International Women’s Day             gender diversity of Board
                                                                                                                     • Online training on diversity,       • Appointed Head of Inclusion,
                                                                                                                       inclusion, unconscious bias           Equity and Wellbeing
                                                                                                                       launched on the Academy
Our plan for an inclusive, equitable and healthy future for all 2022 2025
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                 05

Why inclusion matters to our colleagues

We’re all unique and we all have different perspectives and experiences. So, when we
developed Everyone is Included, we talked to colleagues to understand why inclusion
matters to them. We all agree that an inclusive and equitable working culture,
where wellbeing and mental health are also prioritised, is good news for everyone.

    Inclusion means                          Inclusion means                      Inclusion means                     Inclusion means
    doing the right thing                    valuing difference                   empowering us                       creating
    for colleagues                           as a strength                        to be our best                      opportunity and
    The physical and psychological           Our colleagues make our              In truly inclusive and equitable    positive change
    safety and wellbeing of our              difference – and their difference    working cultures, we can be
                                                                                                                      Doing business responsibly is
    colleagues is our highest priority.      is our strength. Diverse             ourselves and achieve our best.
                                                                                                                      good news for our business
    Treating colleagues fairly and           talent brings different skills,      This type of culture unlocks
                                                                                                                      performance – and for
    with respect is always the               experiences and thinking to          energy, creativity, potential and
                                                                                                                      customers, suppliers and
    right thing to do. This applies          help us achieve more. Proudly        performance. Understanding the
                                                                                                                      investors. Appreciating the
    to customers, suppliers, the             celebrating our diversity together   uniqueness of our colleagues,
                                                                                                                      uniqueness of those we work
    communities around us and                builds understanding and trust.      as well as looking out for each
                                                                                                                      with means we can build
    everyone we work with too.               It creates supportive teams and      other’s wellbeing, means we can
                                                                                                                      lasting and more meaningful
                                             strong relationships that help us    help others to be their best too.
                                                                                                                      relationships. Collaborating
                                             through tough times and enable
                                                                                                                      with partners means we can
                                             us to develop every day.
                                                                                                                      be a more effective advocate
                                                                                                                      of positive change in the
                                                                                                                      communities we are part of.
Our plan for an inclusive, equitable and healthy future for all 2022 2025
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025   06

“An inclusive culture is one where
  people talk to each other openly
  and collaboratively, celebrating their
  diversity and enjoying the unique
  company of others. It’s a culture
  we can all build. Not because we’re
  told to, but because we want to.
  We figure it out together.”
 Steve Lavargna
 Regional Director, Americas, Watson-Marlow

                                   is unique
Our plan for an inclusive, equitable and healthy future for all 2022 2025
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                                 07

How we developed Everyone is Included

Developing our plan helped us to better understand the diversity of our colleagues                                                    “Sustainability and
and their different perspectives on inclusion. We looked at trends in the world                                                        inclusion are linked.
around us and how we could respond. We collaboratively shaped a plan that started                                                      For a sustainable world,
new conversations and will start many more. The process helped all of us to learn
                                                                                                                                       we need inclusive
more. It encouraged colleagues to start thinking about what inclusion means in
their part of our Group.                                                                                                               workplaces and societies
                                                                                                                                       where health and
                                                                                                                                       wellbeing are prioritised.
    1                               2                                   3                                4
                                                                                                                                       To achieve equity and
Initial research                Initial output                      Testing our thinking             Draft Inclusion Plan              opportunities for all,
(from December 2020)            (early 2021)                        We tested that output with       (mid 2021)                        we need a healthy
                                                                    our Board, Group Executive
We started with conversations
with senior leaders and by
                                We used our initial research
                                to review where we were             Committee, leadership teams
                                                                                                     We used everything we
                                                                                                     had learnt so far to produce
                                                                                                                                       planet on which we all
researching our context for     doing well and where we             around our businesses
                                                                    and through discussions
                                                                                                     a draft Inclusion Plan and        can thrive.”
inclusion, including social     could improve; how our values                                        to identify policy areas
trends, maturity models,        support inclusion; why inclusion    at internal conferences,         where we could make
customer good practice,         matters to colleagues, and          team meetings and events.        a positive difference to the      Sarah Peers
environmental and social        what we could do in the year                                         lives of our colleagues.          Group Head of Sustainability
governance practice             ahead to develop our plan                                                                              Spirax-Sarco Engineering
and more.                       whilst also progressing the
                                depth and breadth of what
                                we were doing already.

    8                               7                                   6                                5

Sharing our plan                Final Inclusion Plan                Refining our plan                Consultation on
(February 2022)                 (November 2021)                     We refined the plan              our draft plan
We shared our plan with         Our final plan set out context      based on the conversations       We shared the draft plan
colleagues and the world        for inclusion, a maturity model,    we’d had, input from colleague   with colleagues, listening
around us in early 2022.        ‘plan-on-a-page’, new Group         networks (like our Women’s       to their thoughts, priorities,
It’s the start of the next      Inclusion Commitments, external     Network) and webinars, and       hopes and challenges –
chapter of our inclusion        partnerships and a set of values-   new insight from our global      and we started to embed the
journey and will continue to    based everyday behaviours. We       Employee Engagement Survey,      emerging themes of the plan
evolve in the years ahead.      pre-launched it at our Group        Wellbeing Survey and Hybrid      in business strategies and our
                                Leadership Conference.              Working Survey.                  new leadership framework.
Our plan for an inclusive, equitable and healthy future for all 2022 2025
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                          08

The principles behind our plan

In developing Everyone is Included we were guided by some key principles.                “Bringing different backgrounds,
                                                                                          insights, experiences and skills
                                                                                          together means that teams, and the
    Focus on inclusion                                  …so the culture we create
                                                                                          cognitive diversity they bring, deliver
                                                        is for everyone and we create
    and equity…                                                                           far better outcomes for the team
                                                        the conditions to sustainably
                                                        accelerate diversity.             and for the business.”
                                                                                          Nimesh Patel
                                                                                          Group Chief Financial Officer
                                                                                          Spirax-Sarco Engineering

    Set global direction                                …so we have a common
                                                        understanding and approach
    and empower local
                                                        and we drive positive change
    ownership…                                          within the local context.

    Be authentic                                        …so we deliver consistently
                                                        in line with our values and
    and credible…
                                                        embed inclusion naturally in
                                                        communications, engagement,
                                                        activities and behaviours.

    Prioritise our                                      …so this becomes the way we
                                                        do business and we focus where
    approach and
                                                        we can make a real difference.
    embed this in
    business strategy…
Our plan for an inclusive, equitable and healthy future for all 2022 2025
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                                                           09

Our inclusion maturity journey

Organisations typically go through                            to generate business and to positively change the                        embedded inclusion and empowered our colleagues
                                                              world they are part of – whether that’s locally, nationally,             to take action on it, wherever they work in the world.
a maturity journey on inclusion.
                                                              regionally or globally.                                                  It’s a long and complicated journey (never quite a
They might start by taking no interest in inclusion and       We believe that we are at a transition point in our journey              straight line or as neat as a diagram) – and it’s one
failing to see the benefits it has. They usually progress     – we’re moving from focusing on diversity programmes                     we’re fully committed to.
to taking action on diversity, embedding inclusion in         to a culture of inclusion and equity championed by our
culture and, ultimately, using their expertise on inclusion   leaders and, towards 2025, a culture where we have

                                                                                                                                       Where we want to
                                                                                                                                                                    Level 6:
                                                                                                                                       get to by 2025.
                                                                                                                                       Level 5:      Global
                                                              Where we think                                                           Empowerment leadership
                                                                                                                                       and embedding advantage
                                                              we are now.
                                                                                                              Level 4:
                                                              Level 3:
                                                                                                              Leader-led               culture
                                 Level 2:                     Diversity
                                                              programmes                                      equity culture
                                 Equality and
                                 compliance                   focus
    Level 1:                     focus
    Disengaged                                                                             Transition point

           “This has                  “What do we                “This is the right                            “We value difference        “This is part of           “This is what we are
       nothing to do with           have to do to stay            thing to do for                              and actively include       our DNA and how             known for and how
        our business.”               out of trouble?”              our people.”                                   each other.”            we do business.”            we drive business.”

                Risk and compliance focus                       Values-only focus                                        Values, people and commercial opportunities focus
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025   10

The next stage of our
inclusion journey
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                       11

Our Inclusion Plan

Everyone is Included is our plan for                      Our Inclusion Plan structure
an inclusive, equitable and healthy                       Our goal
future for all.
Its goal is to empower an inclusive and equitable
                                                                  To empower an inclusive and equitable working culture where all our colleagues can be
working culture where all our colleagues can
                                                                                       themselves and achieve their full potential.
be themselves and achieve their full potential.
We’ll do this through a focus on four themes:
Inclusive behaviours, inclusive leadership, inclusive
processes and inclusive partnerships. To help us          Where we will initially focus
get started, we’ve identified some key actions
under each theme. We’ll add to these over time,
creating specific targets where they don’t already
exist and further building our insight.
As part of our plan, we’ve developed our
Group Inclusion Commitments. These are new
global minimum standards on inclusion that apply
across all of our businesses. We’ve also created simple                Inclusive               Inclusive               Inclusive              Inclusive
everyday behaviours, aligned to our values, as actions                behaviours              leadership              processes              partnerships
we can all take, every day, to make our difference on
                                                          How we will make our difference for colleagues
inclusion, equity and wellbeing.
Our plan forms part of the ‘responsible business
foundations’ of our One Planet Sustainability                                              Group Inclusion Commitments
Strategy and supports our commitments to the
United Nations Sustainable Development Goals.

                                                                       Supporting our commitment to the United Nations Sustainable Development Goals
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                      12

                                                        “Inclusion is the key
                                                          to creating a working
                                                          culture that drives
                                                          fairness and diversity,
                                                          where everyone is
                                                          empowered to realise
                                                          their full potential and
                                                          where we can achieve
                                                          breakthrough growth.”
                                                         Jacky Chan
                                                         Regional Managing Director, APAC
                                                         Watson-Marlow

                                                                                            is empowered
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                            13

Our inclusion themes

    Inclusive behaviours

                                                        To help achieve this, we will:                      How we will know if we’re succeeding
                                                        • Expand our existing colleague networks            • We will measure our progress through membership
        Our goal
                                                          (Disability, LGBTQ+, Women, Working Families,       of, and engagement with, our colleague networks
        We will create environments                       Mental Health First Aiders) and establish a         and completion of relevant training
        and teams where everyone                          wider global network of ‘Inclusive Communities’   • We will also assess progress through our global
                                                          to connect and support our colleagues, and
        understands and respects each                                                                         2023 Employee Engagement Survey, particularly
                                                          achieve positive change across our businesses       through the self-declaration rates for voluntary
        other’s differences and where
                                                        • Develop and empower a network of Inclusion          diversity demographic questions and scores for
        we all feel safe, supported and                   Champions across our businesses as proactive        questions on being ‘confident to be my authentic
        able to bring our whole selves                    and passionate advocates of inclusion,              self at work’
        to work.                                          equity and wellbeing
                                                        • Embed inclusion and wellbeing within internal
                                                          award schemes to better recognise the impact
                                                          of our colleagues and inspire others with
                                                          their achievements
                                                        • Develop a confident, competent culture of
                                                          ‘conscious inclusion’ across our organisation
                                                          – starting by creating a training programme
                                                          in 2022, shaped by the voices of our
                                                          colleagues and aligned to our values
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                             14

Our inclusion themes continued

    Inclusive leadership
              behaviours

                                                        To help achieve this, we will:                            How we will know if we’re succeeding
                                                        • Develop and empower authentic and inclusive             • We will measure our progress through
        Our goal
                                                          leaders across our organisation – with all leaders        participation in, and impact of, leadership
        We will develop our                               making a tangible commitment to inclusion, equity,        development programmes and through
        leaders as confident, authentic                   diversity or wellbeing in their annual objectives         existing and new metrics on the diversity
                                                          from 2022                                                 of our leadership and wider business
        and active champions of
        inclusion and wellbeing who                     • Embed inclusion, equity and wellbeing in our
                                                          Followership Development Journey and other
        bring diverse perspectives                        leadership development programmes
        to our journey.                                 • Grow our existing and future leadership talent
                                                          from all walks of life – including launching global
                                                          ‘recruitment principles’ in 2022. We will also set
                                                          new, specific goals to improve gender and ethnic
                                                          diversity in particular, whilst ensuring we always
                                                          recruit the right person for the right role (never to
                                                          ‘tick a diversity box’)
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                                15

Our inclusion themes continued

    Inclusive processes
              behaviours

                                                        To help achieve this, we will:                          How we will know if we’re succeeding
                                                        Ensure equitable and inclusive policies and             • We will measure our progress through
        Our goal
                                                        standards across our Group, including through:            ongoing monitoring of pay gaps as well as
        We will ensure that how we                      • Launching new Group Inclusion Commitments               the implementation and impact of specific
        work and how we treat people                      in 2022                                                 initiatives as these are scoped and deployed
        is always equitable and inclusive               • Scoping a Race Equity Action Plan for our             • We will use our global 2023 Employee Engagement
        – and that it promotes positive                   business from 2022                                      Survey results to assess progress – particularly
                                                                                                                  the questions on fair treatment regardless of
        wellbeing and mental health.                    • Developing a Group Mental Health Policy                 personal background or characteristics and
                                                        • Refreshing our Group Diversity and Inclusion            questions about how colleagues believe we value
                                                          Policy to reflect our broader and deeper                and promote diversity
                                                          approach to inclusion
                                                        Embed inclusion, equity and wellbeing across our
                                                        employee lifecycle (ensuring fairness in recruitment,
                                                        development, progression, colleague experience
                                                        and reward), including:
                                                        • Ongoing gender pay gap reporting in the UK and
                                                          exploring expansion of this beyond the UK
                                                        • Launching ethnicity pay gap reporting in the UK
                                                          in 2022 and developing the tools and processes
                                                          to do the same outside the UK (starting with the
                                                          USA and South Africa)
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                                      16

Our inclusion themes continued

    Inclusive partnerships
              behaviours

                                                        To help achieve this, we will:                            How we will know if we’re succeeding
                                                        Build strong partnerships and become a strong             • We will measure our progress by monitoring how we
        Our goal
                                                        voice as an active advocate of inclusion, including:        perform against the goals of campaigns we support
        We will be an advocate                          • In every operational country with over 100                (such as Change the Race Ratio, the Women’s
        for inclusion and collaborate                     colleagues, establishing at least one strategic           Empowerment Principles and UN LGBTI Standards
                                                                                                                    of Conduct for Business) and the specific targets in
        with our external partners to                     partnership that contributes to advancing a
                                                          fairer, more inclusive or healthy world (within their     our One Planet Sustainability Strategy
        achieve positive change in our
                                                          national context) by the end of 2022
        businesses, our sectors and
                                                        Deliver the community wellbeing commitments in
        our communities.                                our One Planet Sustainability Strategy, including
                                                        employee volunteering and charitable giving targets
                                                        and launching a new £5m education fund to support
                                                        inclusive and equitable access to education in 2022
                                                        (with specific provision for supporting Black and
                                                        ethnically diverse future talent).
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                       17

Our Group Inclusion Commitments

Wherever we work in the world, we will make our difference for our colleagues.
Through our Group Inclusion Commitments, we commit to:

             Ensuring the best start for new              Becoming an increasingly gender-           Proactively promoting better wellbeing,
             families by giving every colleague who       balanced, ethnically diverse, disability   balance and mental health – signing the
             becomes a parent a minimum of 16             confident and faith-aware employer –       Global Business Collaboration’s Pledge
             weeks paid parental leave – wherever         supporting our commitment to initiatives   for Better Workplace Mental Health,
             they are, whoever they are and how ever      including the United Nations Women’s       developing a new global mental health
             they become a parent.                        Empowerment Principles, Change the         policy, and supporting all colleagues on
                                                          Race Ratio campaign and Race at            wellbeing, including through our global
             Helping every colleague who is               Work Charter.                              Employee Assistance Programme.
             a caregiver to support their loved
             ones or take time for self-care with         Being a safe place for all lesbian,        Enabling our hybrid workforce to be
             a minimum of 15 days of paid ‘caregiver      gay, bi, trans and queer or questioning    at their best wherever and whenever
             leave’ every year.                           (LGBTQ+) people, wherever we operate       they are working – so we dress for
                                                          – committing to the United Nations LGBTI   our day, we work where we are at our
             Supporting every colleague who               Standards of Conduct for Business and      best and most productive for the task in
             experiences pregnancy loss of any            becoming an increasingly vocal advocate    hand, and we keep in touch and actively
             kind with a minimum of 10 days of paid       for LGBTQ+ inclusion.                      include each other.
             additional leave and paid time off for
             related appointments.                        Creating menopause-friendly                Empowering our colleagues to grow
                                                          workplaces through new global              their knowledge, skills and confidence
             Standing up for colleagues who               principles to ensure anyone                as active advocates of inclusion and
             experience domestic violence or abuse        experiencing menopause feels safe,         wellbeing – helping support happy,
             with a minimum of 10 days of paid ‘safe      and is treated fairly, respected and       healthy, productive careers and lives
             leave’ to get the support they need at the   appropriately supported.                   outside of work.
             time they need it – and a zero tolerance
             approach for abusers that also seeks to
             identify support to help them change
             their behaviour.

Our Group Inclusion Commitments are minimum standards for our Group. Where current benefits
or local laws go further than these standards, the greater benefit will continue to apply.
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                        18

“My son Jeff’s first day of public school       It took a long time to find a role,
 started with his excitement to join his        initially in IT support but he was
 friends in a new, fun learning experience.     laid off when the pandemic started.
 It ended with Jeff running out of school       Eventually he got a job that’s a great
 early, without telling his teachers, to        match – a software developer building
 escape overwhelming noise and stimuli          train automation systems.
 that were too much for him. This was           Too often, people living on the Autism
 also the first day of our journey to           spectrum are categorised, labelled and
 understanding Autism Spectrum Disorder         placed into diagnostic boxes. But life
 (ASD), or Autism.                              experiences are more complex. Jeff’s
 Jeff needed many support services to           journey shows that people with Autism
 help him succeed in school and life,           can be effective employees with a little
 and his interests never seemed to overlap      understanding and accommodation.
 those of his peers. He’s fascinated by         Watching your neurodiverse family
 trains and loves to share his knowledge.       member struggle in the world is
 My husband and I adjusted our work             exceedingly painful for caregivers.
 schedules and took time off for regular        It doesn’t have to be though. I’m now an
 appointments and unexpected challenges.        active volunteer with the Autism Society
 Eventually, the time needed to support a       of America where I hope to use my family’s
 son with Autism meant my husband left          experience and my skills as an HR leader
 his career to be Jeff’s full-time caregiver.   to influence meaningful change to support
 Jeff was accepted into a programme for         the Autism community in employment,
 students with ASD at Marshall University.      policy, education, healthcare, and home
 At first, he struggled being away. But, with   and community services.”
 help from the college, he graduated with
 a degree in Computer and Information           Tracey Staley
 Technology. His dream was to be a              VP Human Resources
 software developer.                            Chromalox, Electric Thermal Solutions
 Jeff had trouble finding a job though.
 At interviews, he responded haltingly or
 with very short answers to questions.

                                                                                             has challenges
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                                         19

Making our difference for our colleagues

              Gender-neutral                                              Caregiver
              parental leave                                              leave

We’re ensuring the best start for                          We’re helping every colleague who                         All of us have the potential to become a caregiver and
                                                                                                                     all of us are likely to need care at some point in our own
new families by giving every colleague                     is a caregiver to support their loved
                                                                                                                     lives as well.
who becomes a parent a minimum                             ones or take time for self-care
                                                                                                                     So, we have introduced paid ‘caregiver leave’. It can
of 16 weeks paid parental leave –                          with a minimum of 15 days of paid                         cover planned caregiving duties (such as taking a
wherever they are, whoever they are                        ‘caregiver leave’ every year.                             dependent to a medical appointment) or unexpected
and how ever they become a parent.                         Around a quarter of our colleagues across the
                                                                                                                     or emergency situations, as well as urgent self-care
                                                                                                                     related to being a caregiver.
Starting a family is one of the most life-changing         Spirax-Sarco Engineering Group are already caregivers.
experiences we can go through. It should also be one       They look after children, vulnerable adults, people
of the happiest times, but it isn’t always easy and the    with a disability or health condition and many others –
rights of new parents and caregivers to spend time         all while working and managing other aspects of life.
with their new family vary enormously around the world.
We believe that everyone who becomes a new                “Whatever way you become
parent or caregiver should have the opportunity
to be with their new family. They should not have
                                                           a parent, it’s equally exhilarating
to worry about the impact of this on their career,         and terrifying. You get
finances, job security or how they are perceived
or treated for their commitment to family life.
                                                           overwhelmed with emotions
Our commitment on gender-neutral parental leave
                                                           and quickly re-prioritise life.
applies to all colleagues regardless of their length       Being able to confidently step
of service, their gender or sexual orientation, or how     away from work for family time
they become a parent.
                                                           is critical, especially early on.
                                                           Being present means you can
                                                           provide the physical and emotional
                                                           support needed by everyone.”
                                                           Craig Bushey
                                                           Director, Environment and Sustainability
                                                           Chromalox, Electric Thermal Solutions
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                               20

                                              needs support

                                                        “It can be difficult to know how    I genuinely believe that the
                                                         to support someone through         inclusion culture being
                                                         pregnancy loss, whether that’s     created here at Spirax-Sarco
                                                         your partner, a team member        Engineering will help colleagues
                                                         or a friend. Every experience is   to more openly share their
                                                         unique and personal. Being able    experiences, make the best
                                                         to offer flexible support to our   decisions for their situation
                                                         colleagues, in whatever way        and get the right support.”
                                                         they’ve been affected, will make
                                                                                            Chris Molnar
                                                         a huge difference.                 Vice President, Business Development
                                                                                            Chromalox, Electric Thermal Solutions
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                                          21

Making our difference for our colleagues continued

            Pregnancy                                                Help with                                                      Valuing our
            loss support                                             domestic abuse                                                 diversity

We’re supporting every colleague                            We’re standing up for colleagues                           We’re becoming an increasingly
who experiences pregnancy loss of                           who experience domestic violence or                        gender-balanced, ethnically diverse,
any kind with a minimum of 10 days                          abuse with a minimum of 10 days of                         disability confident and faith-aware
of paid additional leave and paid time                      paid ‘safe leave’ to get the support they                  employer – supporting our commitment
off for related appointments.                               need at the time they need it – and a                      to initiatives including the United Nations
Pregnancy loss can be a hugely traumatic experience.
                                                            zero tolerance approach for abusers                        Women’s Empowerment Principles,
It can have physical and emotional or mental health         that also seeks to identify support                        Change the Race Ratio campaign
impacts on the person carrying the child – either           to help them change their behaviour.                       and Race at Work Charter.
immediately or well after the loss has been experienced.
It can also have a significant impact on their partner      Domestic violence and abuse can take many forms –          When everyone is included as part of diverse teams in
and family. However, pregnancy loss is rarely talked        sometimes obvious, sometimes subtle and often having       truly supportive workplaces, we can achieve so much
about openly in the workplace. This can make it difficult   an impact at work too. Open conversations and visible      more – individually and collectively.
to find help or to feel supported.                          support in the workplace create an environment where       At the end of 2021, our Board was 40% female and
                                                            those experiencing domestic violence or abuse feel safe    exceeded the Parker Review’s target on ethnic diversity.
No colleagues should go through pregnancy loss alone        to ask for help.
or without support. We’ve committed to support every                                                                   Our senior leadership (Group Executive Committee
colleague who experiences pregnancy loss with a             Understanding more about domestic violence and abuse       and their direct reports) was 33% female and our global
minimum of 10 days of paid additional leave and paid        can also help us all to recognise the signs, respond       graduate programme has consistently achieved its
time off for related appointments. This applies to all      supportively and refer colleagues to appropriate help.     50% gender balance target.
colleagues who experience a pregnancy loss, whatever        Even small supportive actions can make a life-changing     But we know we have more to do.
the nature of that loss, regardless of their length of      difference.
                                                                                                                       So, we’ve committed to build on this progress, set new
service and whether it happens directly to them, to their   Domestic violence and abuse can affect anyone.             goals on diversity and formalise our commitment through
partner or to someone who is acting as a surrogate (in      No colleague experiencing it should ever have to           proactive support and collaboration with like-minded
countries where surrogacy is legal).                        ‘suffer in silence’ and they should always be supported.   organisations. Together, we can support each other, hold
                                                            So, we have introduced paid ‘safe leave’ across our        each other to account, and learn from shared success
                                                            global operations to support our colleagues when they      and challenges to have an even more positive impact on
                                                            need help and in the way they need it.                     the world around us.
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                             22

                                                                         is respected
                                                        “I have been a Christian for most              of ‘Respect’ and ‘Integrity’ are so
                                                         of my life. My faith and belief are           important to me. In a work environment,
                                                         an integral part of who I am and              that means I need to, and do, feel like I
                                                         what I do. They very much guide               can come to work and be exactly who
                                                         how I think and certainly the way             I really am, whilst actively ensuring that
                                                         I view the world, as well as the              I enable and encourage others to do
                                                         people I share it with.                       the same.
                                                         My experiences over the years have            When it comes down to it, my faith
                                                         meant that this is not something              will always be the primary governing
                                                         I always share openly, as Christians          principle in how I live my life. I feel that
                                                         (and people of other faiths too) are          in the culture we are developing at
                                                         often perceived to be something they          Spirax-Sarco Engineering, practicing
                                                         are not. It is particularly challenging       my faith and living our values
                                                         working as an engineer in a world             complement each other well and will
                                                         of science. Let’s be honest, some             serve to strengthen my relationships
                                                         of the things Christians believe are          with others – even when we don’t
                                                         beyond reason or logic and that’s             always agree!”
                                                         why we call it ‘faith’!
                                                         The fact is, we all have different beliefs.   Stuart Jessop
                                                         We can easily preserve these when we          Regional Manager, Central & Eastern
                                                         live the values we all believe in across      Europe, Steam Specialties
                                                         our Group. As a Christian, there are
                                                         many things that I may disagree with
                                                         others about, which is why our values
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                  23

Making our difference for our colleagues continued

                 LGBTQ+
                 inclusion

We will be a safe place for all lesbian,
gay, bi, trans and queer or questioning                      “To me, inclusion means
(LGBTQ+) people, wherever we operate –
committing to the United Nations LGBTI
Standards of Conduct for Business and
                                                              being an ally and enabling
becoming an increasingly vocal advocate
for LGBTQ+ inclusion.                                         people to feel accepted
The rights of LGBTQ+ people, and social attitudes
towards LGBTQ+ communities, vary considerably
around the world. These are also constantly changing –
                                                              and valued in their
sometimes improving and sometimes getting worse.
Across our Group, wherever we operate and whatever            workplace, whatever
                                                              their background.”
the legal or social context, we want all our colleagues to
be able to be themselves and achieve their full potential.
That means everyone should always be safe, respected
and treated equitably.
None of our LGBTQ+ colleagues (whether they                   Hazel Meldrum
are ‘out’ at work or not) should ever have to fear            Group Head of Corporate Communications
discrimination, harassment or bullying for who they are,      Spirax-Sarco Engineering
who they love, how they look, or how they express their
gender identity. And no colleague should feel alone when
faced with a challenge on sexual orientation or gender
identity at home.
So, we have committed to be a safe place for all
LGBTQ+ people wherever we work in the world.
This includes colleagues, customers, communities
and everyone we work with. To formalise our support,
we have also signed the United Nations LGBTI
Standards of Conduct for Business.
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                            24

                                         can be themselves

“Earlier in my career, I was coming              each other to the point where we became
  to terms with being gay and figuring            one of the best performing teams in the
  out what that meant for me. It wasn’t           business (several years in a row!).
  something that was talked about at work         It also inspired other people to open up to
  and I didn’t feel I could discuss it there.     me and then to be their true selves at work
  Would colleagues judge me, no longer            too. The visibility mattered. It’s something
  talk to me or discriminate against me?          that’s stuck with me ever since.
  Would my career suffer? Would I face the
  abuse at work like I’d seen LGBTQ+ people       I don’t want anyone else to experience
  experience on the street? I didn’t know.        what I felt early in my career. Whether
                                                  that’s feeling like you need to actively hide
 So, I actively hid the real me. I deliberately   being LGBTQ+ or that you’re worried about
 avoided conversations about my weekend.          an LGBTQ+ matter at home. Whether you
 I didn’t talk about family (including in those   feel you have to disguise a disability, hide
 big meetings where everyone introduces           the fact that you’re a caregiver or something
 themselves and mentions their partner            else. No one should ever feel like that.
 and children). I avoided social situations       Life’s difficult enough.
 in case I let something slip. I never talked
 about seeing an amazing show at the              I want everyone across our Group to
 theatre. And I worried about it all whilst       be able to be themselves and to know
 I was at work – which I later realised           they’re valued, supported and welcome
 meant I wasn’t focused on my job as              here. I know inclusion is my job, but it
 best I could be back then.                       matters personally too. And if being the
                                                  real me and visibly, vocally and actively
 But, later, being part of a team where it        championing inclusion changes things
 felt safe to be me and to share what was         even just for one person, it’ll be worth it
 going on in my life changed everything.
                                                  – and that’s something we can all do too.”
 Being able to truly be myself meant
 the worry disappeared. I focused
 better on my job and my development.             Darren Towers
 My confidence grew. We grew closer as            Head of Inclusion, Equity and Wellbeing
 a team – understanding and supporting            Spirax-Sarco Engineering
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                          25

Making our difference for our colleagues continued

              Menopause and
              menstrual health

We’re creating menopause-                                 “As an active champion of gender inclusion at work, I volunteered
friendly workplaces through new                            to join a consultation group to co‑create our menopause-friendly
global principles to ensure anyone                         workplace principles. My lightbulb moment came from sharing
experiencing menopause feels safe
                                                           information within the group.
and is treated fairly, respected and
appropriately supported.                                   I’d totally failed to recognise a number of non-physical symptoms
Menstruation and menopause are a normal and                that I was in fact experiencing myself. I learned so much from
healthy part of life, but they are often stigmatised       the honest and open conversations we had as a group. It changed
around the world and there can be a lack of
information, as well as myths or even cultural taboos
                                                           my whole outlook on life and I am in awe of the power of the
that stop people talking about them. This can make         courageous conversation!”
it difficult to feel supported before, during and after
menopause and harder to promote and maintain              Rachel Pallett
positive menstrual health more widely too.                Steam Business Development Director
Better understanding of these topics, honest              Steam Specialties
conversations, supportive teams and simple changes
at work can mean happier and healthier lives for
colleagues who menstruate or experience menopause.
Learning more can also help us all to better support
family and friends outside of work as well.
To help, we worked with colleagues across our
businesses and with an external expert to create
a set of menopause-friendly workplace principles
and guidance on positive menstrual health at work.
These set out how we can all collaborate to create
workplaces and a working culture where anyone
experiencing menstruation or menopause
is supported in the best way.
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                                        26

 Making our difference for our colleagues continued

            Wellbeing and                                                                                                              Hybrid
            mental health                                                                                                              working

 We’re proactively promoting better                      Safety is our top priority and one of our Group-wide         We’re enabling our hybrid workforce to
                                                         values. That includes wellbeing – whether that’s physical,
 wellbeing, balance and mental                                                                                        be at their best wherever and whenever
                                                         mental, emotional, financial, spiritual or another aspect
 health – signing the Global Business                    of wellbeing.                                                they are working – so, we dress for our
 Collaboration’s Pledge for Better                       Talking about our personal wellbeing or our mental
                                                                                                                      day, we work where we are at our best
 Workplace Mental Health, developing                     health and taking action to maintain positive wellbeing,     and most productive for the task in hand,
 a new global mental health policy, and                  is not always easy. So, we are supporting all our            and we keep in touch and actively include
 supporting all colleagues on wellbeing,                 colleagues through initiatives like our global Employee      each other.
                                                         Assistance Programme. It provides free, confidential
 including through our global Employee                   advice and support for colleagues and their dependants       The world has changed and how we work has changed
 Assistance Programme.                                   – all year round and in their local language. It’s for       too. The COVID-19 pandemic caused many of us
                                                         everyday matters and for when things become more             (but not all of us) to work away from the office. This
                                                         challenging too.                                             had the advantages of flexibility and balancing family
“Small actions advance the                               We have also created a Wellbeing Toolkit with                commitments with work, but also introduced new
                                                                                                                      challenges such as communication, collaboration and
 diversity of our wonderful                              guidance on how to have wellbeing conversations
                                                                                                                      finding ways to avoid ‘working from home’ becoming
                                                         and tackle common challenges like stress, loneliness,
 businesses and strengthen                               healthy digital balance, pandemic fatigue and more.          ‘living at work’.
 our future performance.”                                We believe that it’s ‘OK not to be OK’ and that reaching     We believe that hybrid working (the agile combination
                                                         for support is a strength, so we’re committed to             of working in shared workplaces and away from these)
Gavin Huxtable                                           expanding our focus on wellbeing and mental health.          benefits our colleagues and our businesses. We know
Divisional Director                                      It’s something we all have in common and which we            that not every role can work in this way, but we will seek
Global Supply Chain                                      all need help with from time to time.                        to enable hybrid working wherever possible.
Steam Specialties                                                                                                     We’ll trust our teams to do the right thing for our
                                                                                                                      businesses and our colleagues – not prescribing
                                                                                                                      a set pattern for hybrid working, but instead helping
                                                                                                                      colleagues to recognise and respect the uniqueness
                                                                                                                      of personal situations and to balance those with business
                                                                                                                      needs. We’ve created a Hybrid Working Toolkit as well
                                                                                                                      as global principles to help and will continue to learn
                                                                                                                      and adapt how we work in to the future.
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                             27

“Around one in four people are likely to experience         My growing interest in mental health led to me
 some type of mental illness every year. It’s no surprise   to train as a Mental Health First Aider. As a long-
 then that I have some experience of mental health          time fan of AFC Bournemouth (an English football
 challenges, both personally and through supporting         team), I now volunteer these skills at the football
 friends, family and colleagues. I expect most people       club through a fan-led mental health initiative
 reading this will have too!                                called Talking Cherries. It was established after
 I became interested in mental health when one              a member of our football community very sadly
 of my siblings began experiencing panic disorder           died by suicide.
 – a type of anxiety disorder. It was characterised         For me, good mental health is just like physical
 by panic attacks – like the sudden onset of                health. It is something that you can proactively
 intense apprehension or fear. These can be                 work at every day – for example, by making
 very confusing, begin suddenly and develop                 time for self-care, creating work-life balance,
 rapidly. It was frightening for my sibling and the         finding a purpose, connecting with and supporting
 rest of the family who didn’t know how to best             others, taking breaks and holidays and leading
 offer support.                                             with empathy.
 This experience opened my eyes to the need to              This won’t necessarily make you immune
 be better informed about mental health issues.             to mental illness, but it may reduce your
                                                            vulnerability to it – just like being physically fit
                                                            can reduce your vulnerability to physical illness.
                                                            I think it’s important for all of us to work on this
                                                            for ourselves and to support each other.”

                                                            Amanda Williams
                                                            Head of Sustainability, Steam Specialties

                                               has wellbeing needs
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                   28

Making our difference for our colleagues continued

               Championing
               inclusion

We’re empowering our colleagues                                 “ Years ago, a short conversation
to grow their knowledge, skills and                               with a friend completely changed
confidence as active advocates of                                 my understanding of racism.
inclusion and wellbeing – helping support
                                                                  I’d struggled with the phrase
happy, healthy, productive careers and
lives outside of work.                                            ‘white privilege’ as surely not all
                                                                  white people had ‘privilege’?
Creating an inclusive culture is a collective responsibility.
We can all play a part, wherever we are based and                 Our chat helped me
whatever our role. Part of this involves moving from              understand it meant
being a passive supporter of inclusion to becoming
a visible, vocal and proactive advocate of inclusion,
                                                                  I’d never been
equity and wellbeing – and an ‘ally’ to those who                 disadvantaged in life
are different to ourselves. That’s good for us as                 because of my skin
individuals at work, it improves our lives outside of
work and it helps to inspire positive change in the               colour. That forever
communities that we’re part of too.                               changed how I thought
It’s why one of the four themes in Everyone is                    about the reality of
Included is all about inclusive behaviours and why
we’re expanding our colleague networks – like our                 racism in the world
global Women’s Network and our Working Families                   around me.”
Forum, as well as our Disability Forum in Watson-Marlow
and our LGBTQ+ & Friends Network across EMEA                     Jim Devine
(Europe, Middle East and Africa) in Steam Specialties.           Group HR Director
It’s why our One Planet Sustainability Strategy includes         Spirax-Sarco Engineering
commitments to colleague volunteering – with three days
of paid volunteering leave available to all colleagues,
globally every year.
And it’s why we’ll continue to celebrate the uniqueness
of our colleagues and the difference they make every day
at work and in the community.
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                    29

                                                                                 can drive change
                                        “Between the ages of 7 to 17, I lived     But education comes in many
                                         on the second floor of a 21-storey       forms and not everyone is as
                                         building on Nightingale estate in the    fortunate as I was. That became
                                         London Borough of Hackney. As a          my motivation to volunteer with
                                         first generation British-born child      a small local charity in Portsmouth
                                         of Nigerian parents and as someone       in the UK. The charity works to
                                         living in social housing, I became       build social cohesion and provides
                                         conscious of the importance of           skills development opportunities
                                         hard work, education and not taking      for people living in social housing.
                                         opportunity for granted.                 Volunteering is my way of giving
                                         I was lucky to have a very driven        back to a community similar
                                         mother who motivated me and              to where I grew up.
                                         my sibling, as well as secondary         I feel proud to be a small part of
                                         school teachers who guided               the good work and contribution
                                         me on education opportunities.           the charity is making to enabling
                                         They were my inspiration to build        better futures – one person
                                         my knowledge and keep learning.          at a time. As someone who is
                                         Education is an equaliser and a          passionate about social mobility
                                         powerful tool in career success.         and inclusion, I would encourage
                                         I was lucky enough to achieve a          everyone to seek opportunities
                                         university education, increasing         within their communities to drive
                                         my self-confidence and giving me         change. One small action can
                                         the experience and tools to build        change the lives of many.”
                                         my career.
                                                                                  Sade Mokuolu
                                                                                  Strategy Implementation Lead
                                                                                  Watson-Marlow
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                                                                                                       30

A culture based on values

Making our difference together –                                 How we can live inclusion through our values
by living inclusion through our values.
Every one of us is unique. We all bring different skills,              Safety                                           Customer focus
experiences and ways of thinking to work. We all                       • Ensure all of our colleagues are physically    • Understand and respond to the
face different challenges at work and home – or our                      safe and that they feel safe at work             uniqueness of our customers and
backgrounds mean we face the same challenges in                        • Prioritise and have open conversations           stakeholders as individuals
very different ways.                                                     on wellbeing and mental health                 • Be visible, vocal and proactive allies to
Understanding, valuing and celebrating our difference and              • Have zero tolerance for all forms of             each other and everyone we work with
what unites us as people helps us to build the supportive                discrimination, harassment and bullying
teams and strong relationships that empower us to be our
best. It helps us to tackle life’s challenges together.
That needs us all to start new conversations – sometimes
on difficult topics and definitely learning from mistakes
along the way. It needs us to question the assumptions
we make about others. It needs us all to challenge                     Integrity                                        Collaboration
behaviour that doesn’t feel right and to respectfully                  • Ensure that all of our policies and practice   • Build strong relationships where we
accept challenge ourselves. It needs us all to have the                  are inclusive and equitable for everyone,        consciously include each other, giving airtime
confidence to be the role model we once needed.                          understanding and removing inequality            to unheard voices, hearing everyone, and
                                                                       • Develop the confidence, knowledge                becoming active advocates for inclusion
And it needs all of us to take small actions and send visible,
                                                                         and skills to challenge inappropriate          • Partner with external stakeholders to
proactive signals that show wherever we work and whoever                 behaviour and respond responsibly                make our businesses, our sectors and
we are, everyone is welcome, safe, respected and included                when challenged ourselves                        our communities more inclusive and
across our Group.                                                                                                         equitable for all
Within Spirax-Sarco Engineering, we can all live
inclusion, equity and wellbeing through our values.

                            stomer Focus
                          Cu                                           Respect                                          Excellence
                                               E
                     on
                                                                       • Treat everyone we work with or support         • Empower all of our colleagues to bring their
                                               xc
                     i
                  rat

                                                 ell

                                                                         with dignity                                     authentic selves to work so they can be
                bo

                                                    enc

                                                                                                                          themselves and perform their best – and role
           Colla

                                                                       • Find the right balance between
                                                       e

                             Our                                         respecting local laws or culture and being       model this personally, too
                            Values                                       bold in challenging the norm to achieve        • Continually develop and share our insight,
                                                                         positive change                                  performance and experience on inclusion,
                                                    ct

                                                                                                                          equity, diversity and wellbeing – being open to
            Sa

                                                                       • Grow and celebrate our diversity and
                                                   pe

                                                                                                                          difficult conversations and learning from our
              fet

                                                   es

                                                                         what unites as people – together
                 y

                                                                                                                          mistakes as part of this
                                               R

                             I n t e g rit y
Spirax-Sarco Engineering | Inclusion Plan 2022 – 2025                                 31

                                                           This is about you,
                                                     me and us – because we’re
                                                   all unique, we’re all valued and
                                                    at Spirax-Sarco Engineering,

                                                        How will you make your
                                                        difference to ensure that
                                                         everyone is included?
February 2022
 www.spiraxsarcoengineering.com
Email: together@uk.spiraxsarco.com
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