PrintThis is our second Sustainability Report. Our goal is to provide a balanced view of the key issues we face and outline the major achievements we have made that affect Dresser-Rand stakeholders across environmental, social and governance areas.
Scope
This report, published in August 2011, covers information across our global operations for the year ended December 31, 2010, unless otherwise noted. We include information from previous years where it is appropriate to provide context.
Dresser-Rand is reporting on the operations for which it has operational control, including as applicable, all business units, joint-ventures and facilities owned or under lease (for example, office and vehicle leases). For acquisitions, we report information commencing from the date the transaction is completed. Currency is reported in U.S. dollars.
History of Sustainability
Sustainability is not a new concept. Dresser-Rand and its legacy companies have been providing energy efficient solutions to clients and supporting communities for many years. This report represents a snapshot of our progress to date, and expands upon our capacity to measure and document our progress with regard to corporate responsibility. Our Sustainability Council, comprised of a passionate, cross-functional group of senior executives, is guiding our evolution as we implement initiatives to drive us toward improved performance. We believe we are making good progress and look forward to regularly reporting on this progress.
Report Content
In determining the scope of this report, we looked at the best practices in reporting. We are pleased to be reporting at level B according to the Global Reporting Initiative G3 Guidelines (www.globalreporting.org).
Responses used data that were available to Dresser-Rand, and recognized standards (e.g., WRI GHG Protocol) were used to calculate the indicators. To determine the information material to our performance, we also reviewed a variety of resources, including:
- Corporate plans, strategies, policies, and initiatives
- Input from our Board of Directors
- Client feedback
- Stockholder dialogue and financial analyst input
- Employee and community input
- Media coverage
- Industry benchmarking
- Issues ranking from the Sustainability Council
Reporting Goals
Our goal is to engage our stakeholders in a review of this report to solicit their views on its coverage and transparency. We will use their input to improve our communications going forward.
Environmental data has been collected and verified by Pace Global. (At this time, we have not undertaken additional third-party assurance.)