Fair Pay & Worker Respect

The company's voluntary quit rate for the Group was 8.2% in 2024, improving from 9.0% in 2023.

The Group states it meets local living wage requirements and has zero tolerance for slavery and human trafficking, supporting UN Guiding Principles and ILO core labour standards. It did not identify any modern slavery risks or ILO indicators of forced labour in its operations or supply chains during the 2019-2020 period. The Aerospace & Industrial division recorded three lost time accidents resulting in 24 working days lost, with a rate of 0.29 lost time accidents and 2.3 days lost per 100 employees, while other divisions had no lost time accidents. The company does not engage with trade unions or worker representative groups. Discretionary health and safety benefits include gyms, onsite nursing, and counselling at certain operations.

Fair Trade & Ethical Sourcing

The company did not carry out any social audits during the period from December 2019 to November 2020.

However, it reported no incidents of forced or child labour for the period December 2019 to November 2020, and was not aware of any such incidents in its operations or supply chain for the year ended November 2023.

Honest & Fair Business

The company's external audit procedures covered 95% of revenue, 92% of profit before tax, and 86% of total assets.

The Board consists of five Directors, with three Non-Executive Directors considered independent of management, representing 60% of the board. No conflicts of interest were disclosed in 2023 or 2024. The Group operates strict anti-corruption and anti-bribery policies, prohibiting all forms of bribery and corruption and complying with applicable laws. It requires all employees, agents, intermediaries, and consultants to adhere to the policy, and conducts periodic compliance reviews and professional training for employees with customer and supplier contact.

No War, No Weapons

No specific evidence was found in the provided articles to assess the company against the 'No War, No Weapons' ethical value. Information regarding revenue from arms contracts, dual-use technology R&D investment scope, sales to embargoed regimes, peacebuilding investments, or specific ethical red lines related to weapons was not available. General statements of support for UN Guiding Principles on Business and Human Rights

, or mentions of an Aerospace & Industrial division were not sufficiently detailed or quantitative to meet the scoring criteria for the respective KPIs.

Planet-Friendly Business

The company adopted TCFD recommendations in 2022 and applied the Companies (Strategic Report) (Climate-related Financial Disclosures) Regulations 2022.

It considered a 2°C scenario and disclosed qualitative findings, including a reduction in iron foundry revenue. The company has identified reducing demand for its US foundry activities as a climate-related risk due to the automotive sector's shift towards net-zero propulsion methods, providing a qualitative discussion of this transitional risk.

Safe & Smart Tech

The company's systems have been tested against actual cyber-attacks, resulting in only minimal consequences to date.

The company's website collects basic information such as internet service provider's domain name, pages accessed, and access time, and claims not to collect personally identifiable information directly. It uses cookies, including Google Analytics which collects IP addresses, and users can refuse the use of cookies through browser settings. The company demonstrates good compliance with all applicable regulations, having complied with all aspects of the 2018 UK Corporate Governance code throughout the year ended 30 November 2024. It notes the introduction of the 2024 code, which will apply from 1 December 2025 and 1 December 2026 for internal controls assessment. The Group also complies with all applicable laws designed to combat bribery and corruption and is committed to meeting European REACH Regulations.