THE INVENSYS INTENT

• We are committed to delivering long-term growth for our investors in a manner compatible with the interests of our employees, customers, business partners, governments and local communities.
  
  
• We aim to make the optimal use of natural resources and minimise environmental impact through both the solutions we provide to our customers and the management of our own facilities.
  
  
• We regard the health and safety of our employees in the workplace and the protection of all visitors to our facilities as vital and we allow no compromise on safety standards.
  
  
• Supplying high-value services to our customers requires that we provide our employees with opportunities to match their development needs with the current and future requirements of the Group.
  
  
• We ensure that employees are recruited and assessed on the basis of their skills and suitability for the work performed. No employee receives less favourable treatment on grounds of colour, religion, ethnic origin, gender, marital status, disability, age or sexual orientation.
  
  
• Since our products and services are the most constant symbol of what we stand for, we aim to maintain the highest quality and integrity in all steps of design, manufacture and installation.
  
  
• As a global Group, we are committed to universal principles of human rights, respect local laws and customs wherever we operate and expect our employees to operate on this basis.
  
  
• We recognise our responsibilities towards the communities in which we work. We support the development and well-being of these communities through charitable donations to a wide range of health, educational and social causes.

Overview
Today, companies must become more systemic in their outlook. Business is about relationships and most business decisions have implications for a variety of stakeholders whose support is essential for long-term prosperity. This means that all companies must focus on the protection of their employees and contractors, the needs of their local communities and the agendas of their host governments. It also dictates that they strive to minimise the environmental impact of their operations and activities.

At Invensys, sustainable development lies at the very heart of what we offer our customers. Where they constantly seek greater reliability, consistency and efficiency from their assets, lower energy costs and better compliance with mounting environmental pressures, we commit to helping them achieve these goals. In Energy Management, our products and services are designed to increase energy efficiency. In Production Management, we work with customers to improve the efficiency of their manufacturing assets.

We also consider it vital that, as a Group, we demonstrate leadership in adopting those improvements which we bring to our customers' operations.

In today's inter-connected world, our customer and shareholder relationships are mutually supportive. Providing new sources of competitive advantage for the former results in higher performance for the latter, as well as more efficient utilisation of finite natural resources for society as a whole. In other words, resource productivity is fundamental to every aspect of business.

Although we are less advanced in environmental initiatives with our suppliers, the recent creation of an Executive Team role with specific responsibility for management of our supply chain will assist us in raising the level of awareness of these issues with all our business partners.

Last year we signed the United Nations Global Compact, which embraces universal principles in human rights, labour standards and the environment. We are working to ensure that these principles are integrated into our operating procedures worldwide so that they translate into best corporate practice. Some of our key performance improvements and innovations are highlighted in the following pages.

Invensys systems enabled an independent global power producer to reduce nitrogen oxide emissions while maintaining unit heat rate and increasing unit production rate.