Corporate Social Responsibility


Our Board believes that corporate and social responsibility is an important part of the Group’s culture and that the adoption of good practice will have a positive impact on profits and increase the long-term value for shareholders. Due consideration is given to risks arising from social, ethical and environmental issues as part of an on-going risk review process.
 

Employees

The Board recognises the importance of diversity amongst its employees and is committed to ensuring that employees are selected and promoted on the basis of merit and ability, regardless of age, gender, race, religion, sexual orientation or disability.
 
The gender split across the Group as at 30 September 2014 is illustrated in the table below:

  Male Female
Board 5 2
Senior Management 37 23
All employees* 315 749


* includes Board and Senior Management

The Group has a policy of encouraging employees, especially those from the locations in emerging markets, to move around the offices of the Group, thus providing development opportunities for all staff. In addition, employees are assisted in their career development through an annual appraisal scheme, and sponsored training is provided where there is a benefit to both the individual and the Company. All staff are eligible to receive share options or awards under the Employee’s Performance Share Plan as the Board feels that it is important for them to take an active part in the success of the Company and to share in the long‑term value they help to create.

The Board recognises the need to provide a safe working environment for employees, exhibitors and visitors at the Group’s events. Each office is responsible for ensuring that their business operates in compliance with Group policies and the relevant local health and safety legislation. Employees receive regular Health and Safety training. Staff from all regions with lead responsibility for the operation of the Group’s exhibitions on-site also attend regular training courses.
 

Social interaction

The Board of the Company is aware of both the benefits to its business of engaging with its various constituencies in a socially responsible manner and the risks of failing to do so. As an operator of internationally focused businesses in emerging markets, the Company ensures that it is culturally sensitive in its dealings with the local community and that its employment and development policies are non-discriminatory and encourage the employment of local nationals at all levels in the Company.
 
The Company actively supports its employees in their support of local community projects. Charitable donations across the Group totalled over £49,500 in 2014 (2013: £46,000).
 
In Russia the Group supports a number of local charities – particularly those involving children’s charities. During 2014 this has included providing direct financial funding as well as providing volunteers to assist on specific projects and workshops.
 
During the year, the Moscow office continued its support for the charity called ‘Support Fund for Children in Difficult Circumstances’. As part of this support, the office organised a two-week collection of clothes and toys for children under 14, as well as raising money to buy nappies for the youngest children.
 
In St Petersburg, the local office raised funds for the local charity AdVita, which supports children with cancer. In return, AdVita gave ITE the right to use a drawing from one of its children for its corporate Christmas cards last year. Aged five and receiving treatment for leukaemia at the time of drawing, the artist is now nine and has overcome his illness.
 
In Uzbekistan, the local office raised funds to purchase hygiene products for local needy children who had lost their mother. This follows the office’s previous efforts in helping disabled children.
 
In the UK, the London and Huddersfield offices held charity auctions and sponsored activities, matching funds raised by employee contributions. The office continued its work with Events for Namuwongo during the year. Namuwongo is a slum on the edge of Kampala, Uganda, which has been adopted by the UK exhibitions industry to provide support and to work with the community to help them achieve their long-term objectives. During the year, ITE’s Chief Executive Officer, Russell Taylor, joined the charity’s organised cycle ride and cycled over 350km from London to Paris to raise money for Namuwongo.
 
The Group is looking to increase further the number of its offices which take part in charitable activities.

 

Ethics & human rights issues

Integrity is core to the Group’s values which it actively promotes in its dealings with employees, shareholders, customers and suppliers and with the authorities of the countries in which it operates. The Group recognises that reputation is a valuable and fragile asset gained over a substantial period of time and is committed to good practice in respect of human rights. The leadership position of the Group’s exhibitions and the long-term growth of its core shows is a testament to the success of its practices.
 
All ITE staff are required to comply with the laws and regulations of the country in which the Group operates and with the Group’s Human Rights Policy. The Group promotes high ethical standards in carrying out its business activities and has clear guidelines for dealing with gifts, hospitality, corruption, fraud and the use of inside information. These, together with the Human Rights Policy, are available to all staff on the Group intranet.
 
The UK Bribery Act places obligations on the Group and senior management. Key management are required to complete an e-learning course, tailored to the requirements of the business and designed to train and test the individuals on the UK Bribery Act. The course covers the requirements of the Bribery Act along with example scenarios and implications of Act breaches.
 
The Group is a member of UFI (the Worldwide Exhibition Organisers Association) and through this, the attendance figures at our key exhibitions are audited by independent services. This helps to provide assurance to our exhibitors and visitors as to the standard of our exhibitions.
 
The Group aims to provide high quality of service at all its events in all locations. The Group operates to a strict minimum quality level to ensure events are provided to exhibitors and visitors at international standards, irrespective of where they are held.
 
The Group ensures that all advertising and public communications avoid untruths or overstatements.
 
ITE builds a relationship with suppliers based on mutual trust and undertakes to pay suppliers on time and in accordance with agreed terms of business. All information regarding the relationship between the Group and a supplier must remain confidential.