Ventia Services Group Limited logo

2022 Sustainability Report

ESG14 March 2023VNTIndustrials

Ventia Services Group Limited
ABN 53 603 253 541

Level 8, 80 Pacific Highway

North Sydney NSW 2060

AUSTRALIA

ventia.com

ASX and NZX Release

15 March 2023

2022 Sustainability Report

Ventia Services Group Limited (Ventia) is pleased to provide its 2022 Sustainability Report to the

market. A copy of this report is also available on Ventia’s website at www.ventia.com.

This announcement was authorised by the Company Secretary.

-Ends-

For further information, please contact:

Investors Media

Chantal Travers Sarah McCarthy

General Manager Investor Relations General Manager Brand, Marketing & Communications

chantal.travers@ventia.com sarah.mccarthy@ventia.com

+61 428 822 375+61 400 993 542

About Ventia

Ventia is a leading essential infrastructure services provider in Australia and New Zealand, proudly providing the services that

keeps infrastructure working for our communities. Ventia has access to a combined workforce of more than 35,000 people,

operating in over 400 sites across Australia and New Zealand. With a strategy to redefine service excellence by being client-

focused, innovative and sustainable, Ventia operates across a broad range of industry segments, including defence, social

infrastructure, water, electricity and gas, resources, telecommunications and transport.

2022
SUSTAINABILITY REPORT

Acknowledgement of Country
Ventia would like to respectfully acknowledge

the Traditional Owners and Custodians

of country throughout Australia and their

connection to land, sea and community. We pay

our respects to them, their cultures and to their

Elders past, present and

emerging.

CREATING A LASTING AND POSITIVE CREATING A LASTING AND POSITIVE

LEGACY FOR PEOPLE AND PLANETLEGACY FOR PEOPLE AND PLANET

Mihi

He tautoko te ahurea i ngā kawa me ngā tikanga

o ngā Iwi whānui o Aotearoa, me ka kawa me

ka tikaka o ka Iwi whānui o Te Waipounamu.

/ We recognise and celebrate the culture of

manawhenua in Aotearoa and Te Waipounamu

where our teams respect local Iwi and

communities across the country.

Ventia Sustainability Report 2022

This Sustainability Report has been
prepared with reference to the Global

Reporting Initiative (GRI) Standards.

A

GRI content index is available on

our website at www.ventia.com/GRI-22

A r

eport on Ventia’s progress towards the

United Nations Sustainable Development

Goals (SDGs) is available on our website

at www.ventia.com/SDG-22

Reporting Criteria

Ventia’s Reporting Criteria is outlined

in the Environmental and Social

Basis of Preparation for the year

ended 31 December 2022, which

can be found on our website at:

www.ventia.com/sustainabilitymetrics

About this Report

This 2022 Sustainability Report (Report) has been prepared

to provide an overview of Ventia’s performance with respect

to Environmental, Social and Governance (ESG) matters.

The Report covers the period January 2022 to December

2022 and can be read in conjunction with the Ventia Annual

Report 2022, which details Ventia’s financial and operational

performance for the financial year. Cross references and some

detail may be duplicated across both reports to ensure full

availability and transparency of

information.

Limited Assurance for select environmental and social metrics

for 2022 has been conducted by PwC.

The information in this Report is given in good faith and derived

from sources believed to be accurate at this date.

To the extent

permitted by law, no responsibility for errors or omissions

herein

is accepted by Ventia Services Group Limited or its

respective officers.

This Report may contain forward-looking statements to indicate

what we ‘expect’, ‘believe’, ‘intend’, will ‘target’ or ‘aim’ for, may

be ‘likely’ or similar expressions. Forward-looking statements

are not guarantees of future outcomes and may involve known

or unknown risks, uncertainties and other factors, which are

beyond the control of Ventia and may mean actual results

differ materially. This is especially relevant for forward-looking

statements in relation to sustainability, where a number of

factors, including the external regulatory environment, or

changes in the markets in which we operate, may impact our

ability to deliver on our objectives.

CONTENTS

A message from the Chairman and Group CEO 2

2022 Highlights: Sustainability at Ventia

6

Ventia: For when it’s essential 8

Our purpose and values 10

Our Ventia strategy 11

Informing our strategy 12

Measuring our success

14

Environment: progress and priorities 16

Social: progress and priorities 38

Governance: progress and priorities 72

Independent Limit

ed Assurance Report 80

CREATING A LASTING AND POSITIVE CREATING A LASTING AND POSITIVE

LEGACY FOR PEOPLE AND PLANETLEGACY FOR PEOPLE AND PLANET

Ventia Sustainability Report 2022 1

A message from the Chairman
and Group CEO

2022 HIGHLIGHTS

2 Ventia Sustainability Report 2022

2022 has been a year of substantive progress
for Ventia

We are incredibly proud of our people and the essential work

they do. It is essential because it fulfils our purpose: to make

infrastructure work for our communities. It enables Ventia to

positively impact those communities and our world as we go

about the business of supporting our clients, so that people

and the planet can thrive for years to come. Achieving this

outcome is a significant challenge.

Both the CSIRO and the Bureau of Meteorology have identified

climate change driven trends and impacts are already evident,

including an average Australian land warming of 1.4°C since

the early 20th century and ocean warming of about 1.0°C in

the

same period. Sea levels have been rising, increasing the

risks of coastal inundation and rainfall patterns have shifted,

with rainfall decreasing in southern Australia and increasing

in the north.

The Climate Change Authority has declared that momentum

needs to shift if we are to meet decarbonisation targets.

Since

2009, Australia has decarbonised its economy at an

average annual rate of 12 MtCO

2

-e per year. Achieving Australia’s

2030 and 2050 targets means stepping up and sustaining a

decarbonisation rate of at least 17 MtCO

2

-e per year.

Optimistically, the way forward on a national basis with

respect to mitigating climate change is emerging with better

clarity. At Ventia, we are resolutely committed to playing our

part in contributing to decarbonisation both in terms of our

impact on the environment, and in working with our clients to

manage theirs.

This Report demonstrates how we are achieving the objectives

of our key sustainability focus areas: environment, social and

governance. Our commitment has simply become part of how

we work, engrained in the things we do every day.

Setting our science based targets as part of the Science

Based Targets initiative (SBTi) remains a key priority and one

which we will realise in 2023, as we strive to support the aims

of the Paris Agreement, including limiting global warming to

below 1.5°C.

As we enter the third year of driving our Sustainability Strategy,

Ventia will be both a catalyst and a facilitator of progress. We

will continue to refine how we measure success as we further

assess and build our understanding of performance across

our

diverse business.

Safety and health above all else

Ventia realised continued improvement in safety performance

in 2022 as we put our promise of safety and health above all

else into action; proactively addressing health and safety risks

and striving to create a safe work environment for everyone

across all our projects.

We saw a positive declining trend in injuries at Ventia in the

measures of Total Recordable Injury Frequency Rate (TRIFR)

(from 4.32 in 2021 to 3.71 in 2022) and Serious Injury Frequency

Rate (SIFR) (from 0.45 in 2021 to 0.29 in 2022). We increased

our focus on managing critical risks through new campaigns

targeting hazards and engaged technology to encourage safer

driver behaviours.

We continued to invest in frontline capability with over

1,300

leaders participating in our Safe for Life leadership

program. During the year, we received recognition from

national industry bodies for our outstanding talent and our

SHEQ management system.

Environment

We focused on environmental initiatives to reduce Ventia’s

carbon emissions, and supported our clients to enhance

climate resilience and improve adaptation. Through our

operations we are supporting the wider energy transition

with work ranging from maintenance of renewable assets,

transmission, engineering and energy solutions, to adopting

alternative fuels in our operations.

Inclement weather presented opportunities for us to lend

our expertise to natural disaster preparation, response and

recovery and saw us train extra Ventia team members to join

the efforts as we supported east coast communities and people

in need in flood affected areas.

In 2022 Ventia achieved a 10.6% reduction in combined

Scope

1 and 2 emissions through a reduction in the use of

electricity and fuel in vehicles and equipment. The sale of our

investment in the MTC Broadspectrum joint venture had the

most impact on our reduction in emissions from electricity, as

well as efficiency improvements on other contracts and other

reductions in emissions factors as additional renewable energy

sources become available in the grid.

Partnering on exciting innovations such as the Yarra Energy

Foundation’s community battery project provided us a chance

to participate in developing future-facing greener technologies.

Our fleet reduction and transition initiatives also progressed

well, despite the challenge of readily available technology to

enable a rapid transition of all vehicles and equipment. Viable

options are expected to remain a challenge in the near term,

particularly alternatives for utility vehicles which comprise a

significant proportion of Ventia’s fleet.

Ventia Sustainability Report 2022 3

During the year, we doubled our hybrid vehicle fleet and
introduced our first hydrogen vehicle, with more alternatively

fuelled vehicles on order. We also added electric mowers in

Australia and a hybrid excavator in New Zealand.

As a fundamental component of Ventia’s business decision

making, we further developed our approach to climate risk

and opportunity management. We are pleased to deliver our

climate change disclosure on page 26, which is structured

to respond to the recommendations of the Taskforce on

Climate

-related Financial Disclosures (TCFD) and details

this process.

Social

We share a strong passion for ensuring Ventia generates

meaningful social value and impact. We do this through

our work across three social pillars: diversity and inclusion,

Indigenous and social procurement, and community

engagement.

Although overall female participation at Ventia disappointingly

declined to 29.7% in 2022, our emphasis on employing more

females at all levels remains a key focus. We are a signatory

to the HESTA 40:40 Vision to achieve gender balance in our

Executive team by 2030 and have set interim targets of 30%

by 2023 and 35% by 2027. At end 2022, 22.2% of our Executive

Leadership team members were female.

We have applied a more rigorous method for measuring

female participation – specifically, how we identify Women in

Senior Management (WISM) for whom we have a participation

target of 40%. This has resulted in recalculating our WISM

participation position for 2021 to 18.1%, a figure which has

increased by 12.1% in 2022 to 20.3%.

Our resolve to have more people with a disability bring their

unique skills and abilities to Ventia has been strengthened

through a 12-month partnership with the Australian

Government’s JobAccess program. JobAccess works with large

employers to drive disability employment and build disability

confidence in the workplace. This year, 380 Ventia hiring

managers participated in disability awareness training.

Our Reconciliation Action Plan (RAP) reflects our public

commitment to the reconciliation process and respectful

engagement with Australia’s Indigenous people. Our team

continued to bring their passion to delivering on our RAP

commitments in 2022, working with CareerTrackers and Supply

Nation to create pathways for young people and Indigenous

business, engaging with Aboriginal and Torres Strait Islander

stakeholders to create local employment and procurement

opportunities and ensuring we always deliver our services

abiding by cultural considerations.

We strive to support

the aims of the Paris

Agreement, including

limiting global warming

to below 1.5°C.

4 Ventia Sustainability Report 2022

A message from the Chairman and Group CEO

continued

We also worked on Ventia’s fifth RAP during the year and went
through Reconciliation Australia’s application process. We have

been invited to develop a Stretch RAP, which we expect will be

launched in Q2 2023.

In Aotearoa, our Te Ara o Rehua working party escalated

efforts to support our social sustainability objectives. Guided

by Tikanga (Māori practices), Te Ara o Rehua focused on

supporting Māori and Pasifika employment, community

engagement, building industry relationships, and developing

cultural awareness through celebrating key customs

and

events.

In 2022 our spend with Indigenous enterprises increased

by $23.4 million to $107.3 million as we engaged with

165

Aboriginal and Torres Strait Islander suppliers across

Australia. Our spend with social enterprises also grew slightly

to $11.3 million, working with 35 partners. We continue to

embed an ethos of social procurement within our business

and endeavour to offer term contracts rather than one-off

purchase orders to make an investment in the sustainability

of each enterprise.

Our community engagement program continues to go from

strength to strength having granted $533,000 to 323 community

groups since 2011. This year 37 community groups received

$73,000 in our annual round of grants.

Governance

Sound governance provides the basis for our Sustainability

Strategy to be effective and for Ventia to make a difference.

Our Code of Conduct is central to our foundation of good

governance and guides how we work, setting minimum

behavioural standards. This year, 93.0% of Ventia’s full-time

employees completed mandatory training on our Code.

We have seen information security and privacy become a

central theme in corporate and public life this year and, as

such, we have included cybersecurity as an issue of high

materiality to our stakeholders. You can read more about our

cybersecurity approach on page 78.

Improving sustainability data capture and reporting has

also been a priority focus, and we refined our measurement

and benchmarks for reporting across environmental and

social metrics. A Sustainability Data Centre is now available

at ventia.com which includes our environment, social and

governance indicators for enhanced transparency.

Growing our Impact

With our Sustainability Strategy now well embedded, we

will continue striving to meet our targets and pursuing

opportunities to create value and grow Ventia’s impact

across our Sectors, with clients and in the communities

in which we work.

The diversity of our business and the range of industry

segments we work in, combined with the breadth of our supply

chain, poses challenges to accelerate our progress; however

also provides us with great opportunities for collaboration

and

impact.

We would like to thank our entire team for their focused efforts

to drive our Sustainability Strategy and initiatives towards

success in 2022. We would also like to thank our shareholders

and clients for sharing our commitment to creating a lasting

impact and positive legacy for people and planet.

While 2023 promises further external uncertainty and a

challenging operating environment, we will again seek to

harness our team’s passion as we work together to Redefine

Service Excellence and achieve our sustainability goals.


David Moffatt Dean Banks

Chairman Managing Director

and Group CEO

Ventia Sustainability Report 2022 5

This year we made further
progress towards the goals of

our Sustainability Strategy.

While we again celebrated many

achievements throughout the year, we also

invested time and effort to deepen our

understanding of our business performance

and our impact across environment, social

and governance aspects. We continued to

refine the way we measure our performance,

improving processes and ensuring rigorous

mechanisms to accurately capture relevant

data and enhance transparency.

environmentenvironment

Committed to setting science based targets

including net-zero

Sustainability at Ventia

2022 HIGHLIGHTS

60,175

tCO

2

-e Scope

1 and 2

emissions

10.6%

Emissions

reduction

from 2021

109

Number of EV and hybrid vehicles

added to fleet

6 Ventia Sustainability Report 2022



WINNER

‘Best Continuous Improvement of a

Management System’

29th National Safety Awards of Excellence

NSCA Foundation

WINNER

New Zealand Environmental Award

Kerikeri Inlet Road boat ramp and carpark project

Civil Contractors Northland

Construction Awards

WINNER

Ventia Group Company Secretary

Zoheb Razvi

2022 Governance Top 100

‘Excellent’ Infrastructure Sustainability

Operations rating awarded for Western

Roads Upgrade (WRU)


5-star GRESB sustainability rating achieved

at EastLink

2

93.0%


Completion of Code of Conduct training by

full-time employees

GovernanceGovernance

1.2


Female

participation

declined by 1.2

percentage points

14.0%

TRIFR improvement

4.1

Female

participation (ELT)

1

increased by 4.1

percentage points

27.8%

Increased spend

with Aboriginal

and Torres Strait

Islander businesses

SOCIALSOCIAL

Committed to complying with the ASX

Corporate Governance Principles and

Recommendations

Formally signed up to HESTA 40:40 Vision

Celebrating our achievements

WINNER

Disability Employment category

2022 Australian Human Resources Institute

(AHRI) Awards

Note: All 2022 highlights indicating increases or decreases are as compared to 2021.

1.

E

xecutive Leadership Team (ELT).2.

V

entia provide operations and maintenance services to EastLink.

Ventia Sustainability Report 2022 7

Ventia: for when it’s essential
BUSINESS OVERVIEW

We are a leading essential services provider in Australia and New Zealand, proudly

providing the services that keep infrastructure working for our communities.

An Australian Securities Exchange (ASX) 300 company, with a secondary listing on New Zealand’s Exchange (NZX), we specialise

in the long-term operation, maintenance and management of critical public and private assets and infrastructure.

Our business is structured across four key Sectors: Defence and Social Infrastructure, Infrastructure Services,

Telecommunications and Transport.

WA

NT

SA

QLD

NSW

ACT

TAS

VIC

Perth

Darwin

Brisbane

Sydney

Melbourne

Adelaide

Canberra

Auckland

Wellington

Hobart

Defence and Social

Infrastructure

Infrastructure

Services

TelecommunicationsTransport

8 Ventia Sustainability Report 2022

35,000
Workforce

(employees and subcontractors)

400

Project sites

40%

of our people work in regional

and rural areas

Ventia Sustainability Report 2022 9

Our purpose and values
Watch the many ways in which

Ventia supports essential

infrastructure assets.

OUR VALUES

I

NTEGRITY

COLLABORATIONC

HALLENGE

I

NGENUITY

REDEFINING

SERVICE

EXCELLENCE

CLIENT FOCUSED

INNOVATIVE

SUSTAINABLE

Safety and health is our #1 promise

OUR PURPOSE

Making infrastructure work for our communities

Our people are the heart of our success

achieve more

together

do what’s rightdrive to delivercreate better ways

BUSINESS OVERVIEW

10 Ventia Sustainability Report 2022

Our Ventia strategy
Redefining Service Excellence

is our approach to delivering

service excellence for our

stakeholders. We

differentiate

ourselves by focusing on three

priorities: being client focused,

innovative and sustainable.

We are proud of our purpose, making

infrastructure work for our communities.

We recognise that every decision and action we

take is an opportunity to make a positive impact

on the people and world around us.

Our people are at the heart of our success.

Our values guide how we go about our business,

and our

diverse and inclusive culture allows us to

thrive personally and professionally.

Ventia Sustainability Report 2022 11

Informing our strategy
OUR SUSTAINABILITY STRATEGY

We continue to listen to our people, our clients and the communities in which

we work, collaborating to improve and evolve our approach.

We surveyed key stakeholders in 2020 as we undertook our materiality assessment. The issues we identified as being most

important to them continue to inform our Sustainability Strategy and plans, with high priority issues reflecting the economic,

environmental and social impacts (positive and negative) from our operations, plus those that influence stakeholders’ decisions.

Understanding these issues has shaped our sustainability commitments, ensuring we focus our efforts on areas where we can

make the most impact.

Cybersecurity and data protection have become pertinent issues in the context of high-profile corporate data security and

consumer privacy breaches. Reflecting this increased focus from our stakeholders and the public, we have included cybersecurity

as a high priority material issue and outlined our cybersecurity approach in this Report on page 78.

high high

materiality materiality

ratingrating

CLIMATE

CHANGE

ATTRACTION

AND RETENTION

OF SKILLED

PEOPLE

ENERGY

CYBERSECURITY

INDIGENOUS

PARTICIPATION

ENVIRONMENTAL

MANAGEMENT

SYSTEM

LOCAL

EMPLOYMENT

FINANCIAL

PERFORMANCE

WORKPLACE

WELLBEING

LOCAL

COMMUNITY

ENGAGEMENT

EFFLUENTS

AND WASTE

HUMAN

RIGHTS AND

MODERN

SLAVERY

OCCUPATIONAL

HEALTH AND

SAFETY

DIVERSITY

AND EQUAL

OPPORTUNITY

STAKEHOLDER

RELATIONSHIPS

AND

ENGAGEMENT

INNOVATION

AND

TECHNOLOGY

very high

materiality

ra ting

Key materiality issues

12 Ventia Sustainability Report 2022

Our contribution to the United Nations Sustainable Development Goals
Ventia’s progress in 2022 demonstrates our commitment to the seven United Nations (UN) Sustainable Development Goals that

are particularly relevant to our business. The below snapshot provides an indication of our achievements aligned to each of these

seven SDGs and more comprehensive reporting on SDG indicators is available on our website at www.ventia.com/SDG-22.

(UN) Sustainable

Development Goal

V

entia’s 2022 SDG-aligned progress and achievement highlights

Ensuring

healthy lives

and promoting

well-being for

all at all ages

18% reduction

in high potential

incidents

SDG target 3.4

~180 Healthy Minds

Champions trained

across Australia and NZ

SDG target 3.4

26% increase

in our people accessing

support through our

Healthy Bodies early

intervention program

SDG target 3.4

14% decrease

in TRIFR (Total

Recordable Injury

Frequency Rate)

SDG target 3.4

Achieve gender

equality and

empower all

women and girls

42.9% of Directors and

22.2% of the Executive

team are female

SDG target 5.5

Became a signatory to

HESTA 40:40 Vision

SDG target 5.5

Respect@Work

training launched

SDG target 5.1

Invested in

29 female

leaders as part of our

Women Leading program

SDG target 5.5

Promote sustained,

inclusive and

sustainable

economic growth,

full and productive

employment and

decent work for all

5th Reconciliation

Action Plan

development process

underway for launch

in 2023

SDG target 8.5

45+

disability

services providers

engaged nationally

SDG target 8.5

6 internships

provided for

refugees and

asylum seekers

through

CareerSeekers

SDG target 8.5

$107.3m

spend with Aboriginal

and Torres Strait Islander

businesses

SDG target 8.3

Build resilient

infrastructure,

promote inclusive

and sustainable

industrialisation

and foster

innovation

1st electric TMA (Truck

Mounted Attenuator)

in

production for early

2023 delivery

SDG target 9.4

Trial of 1st

hydrogen vehicle in

maintenance fleet

SDG target 9.4

‘Excellent’

Infrastructure

Sustainability Operations

Rating at Western

Roads Upgrade

SDG target 9.1

14 electric

mowers

introduced in our fleet

SDG target 9.4

Make cities and

human settlements

inclusive, safe,

resilient and

sustainable

One of Australia’s

1st inner-city

community batteries

installed in Melbourne

SDG target 11b

Ventia Operations Centre

took over 1.1 million

calls supporting social

housing, defence and

government agencies,

and telecommunications

customers

SDG target 11.1

3,600km of urban

roads and 6,300km of

rural roads maintained

across Australia and

New

Zealand

SDG target 11.2

17% improvement

in driver behaviour

through our technology

partnership with EROAD

SDG target 11.2

Ensure responsible

consumption and

production

patterns

3,000t+

of EarthSure treated

material beneficially

reused by industry

SDG target 12.5

13,000t+ of

recycled content used in

pavement on our Sydney

Asset Maintenance

Services contract

SDG target 12.5

21.5t of

combat uniforms

diverted from landfill

and converted

into biofuel

SDG target 12.5

3.5t+

of material reused

or recycled from

ATO regional office

conversion

SDG target 12.5

Taking urgent

action to combat

climate change

and its impacts

24,000t

of carbon

reductions

in first phase of LED

lighting upgrade across

37 Australian Defence

Force bases

SDG target 13.1

10.6%

reduction in Scope 1

and 2 emissions

SDG target 13.1

Climate Leaders

Coalition member and

Scope 3 Roadmap

signatory

SDG target 13.3

90.4t of carbon

saved by

employees on the

FutureFit program

learning how to reduce

personal impact

SDG target 13.3

Ventia Sustainability Report 2022 13

Our Sustainability Strategy is to create
a healthier planet, be people and

community focused, and be ethical and

accountable in everything we do.

With clear objectives, we are working towards the targets

we set last financial year to achieve our goals over time,

measuring our success along the way to create a lasting

legacy for people and our planet.

Ventia’s sustainability targets align to recognised industry

frameworks to ensure we deliver best practice outcomes

and meet the expectations of our people, our clients, our

investors and our communities.

As we continued to embed our sustainability approach

throughout 2022, we also developed our understanding

of our current performance across all target areas and set

benchmarks to report against. This will help us demonstrate

our progress against our targets and set a sound basis for

comparison into the future as we continually improve the

transparency of our

reporting.

Measuring

our success

OUR SUSTAINABILITY STRATEGY

environmentenvironment

Creating a healthier planet

Objectives

Achieve net-zero emissions and reduce

our clients’ emissions

Managing climate resilience for us and

our clients

Leading in environmental protection and

enhancement solutions

Measures

Pathway to net-zero emissions

defined with visible progress

demonstrated

Targets

Committed to the Science Based Targets

initiative (SBTi) to set emissions reduction

and

net-zero targets

100% renewable energy by 2030

(internal electricity usage)

100% EV and hybrid fleet by 2030

2022 Performance


10.6%


Emissions reduction achieved in 2022.

Science based targets for submission in 2023.

1.0%


Renewable energy usage (437.96 MWh)

5.6%


of light vehicle fleet now EV and hybrid

14 Ventia Sustainability Report 2022

socialsocial
People and community focused

Objectives

Our people are safe and healthy and are

as diverse as our communities

We engage and respect the communities

we work in

We create value through our local and diverse

supply chain

Measures

Continuous improvement

in safety, diversity and inclusion

Targets

(HESTA 40:40 Vision commitment)

40% female participation by 2030

1. on the ELT

2. of Women in Senior Management (WISM)

3. across all employees

Retain Reconciliation Australia’s Elevate

RAP

status

2022 Performance

22.2%

Female participation:


Executive Leadership Team (ELT)

20.3%

Female participation:


Women in Senior Management (WISM)

29.7%

Female participation: all employees

governancegovernance

Ethical and accountable in

everything we do

Objectives

Sustainability is embedded in our

decision making

Trusted for our sustainable business practices

Advancing sustainable and ethical

procurement

Measures

Exceed industry and society’s

expectations of our corporate

behaviour

Targets

Compliance with the ASX Corporate

Governance Principles and Recommendations

All significant suppliers complying with

the

Ventia Supplier Code of Conduct

2022 Performance

57.0%

Independent Directors


Suppliers with an annual spend >$1m

comply with the Ventia Business Partners

Standard

Ventia Sustainability Report 2022 15

ENVIRONMENT
16 Ventia Sustainability Report 2022

OUR OBJECTIVES
Achieve net-zero emissions

and reduce our clients’

emissions

Managing climate resilience

for us and our clients

Leading in environmental

protection and enhancement

solutions

Ventia Sustainability Report 2022 17

As we progress initiatives to reduce emissions and climate impact,
defining our pathway to net-zero, we act in alignment with the United

Nations SDG 13 and to support the aims of the Paris Agreement,

including limiting global warming to below 1.5°C.

Climate and emissions

ENVIRONMENT: PROGRESS AND PRIORITIES

10.6%


Reduction in Scope 1 and

2 emissions from 2021

109


EV and hybrid vehicles

added to fleet

KEY STATISTICS

Setting targets to achieve

net

-

zero emissions

At Ventia we are committed to achieving

net-zero with the Science Based Targets

initiative (SBTi) because this provides a

measurement, reporting and verification

framework we can use to set targets

and evidence progress. Our targets

will encompass near-term reduction

and net-zero targets for Scope 1, 2 and

3 emissions. We are on track to set

SBTi

targets in 2023.

Our actions commenced to date include

sourcing renewables for some of our

electricity, transitioning from diesel for

use in vehicles, plant and equipment,

and working with our clients and supply

chain to reduce emissions from products

and services.

60,175

tCO2-e Scope 1 and 2

emissions

11.6

Emissions intensity (t/$m)

One of Ventia’s Toyota RAV4 hybrid vehicles.

18 Ventia Sustainability Report 2022

Emissions (tCO-e)
Intensity (t/$m AUD)

Scope 1Scope 2Emissions Intensity

0

20,000

40,000

60,000

80,000

20222021

1

14.8

20,915

46,411

41,635

18,540

11.6

0

3

6

9

12

15

GREENHOUSE GAS EMISSIONS tCO

2

-e

Diesel – transport 52.0%

Purchased electricity 31.0%

Diesel – stationary 13.0%

Aviation fuel 2.0%

Petrol – total 2.0%

EMISSIONS BY ENERGY SOURCE

Our Scope 1 and 2 emissions

In 2022 our total combined Scope 1 and

2 emissions were 60,175 tCO

2

-e, a 10.6%

reduction from 2021. Emissions intensity

by revenue reduced from 14.8t/$m to

11.6t/$m in 2022, an overall intensity

reduction of 21.2%.

80.0% of our emissions are from our

Australian business and 41,635 tCO

2

-e,

or 69.0%, are Scope 1 emissions with the

largest contributor being diesel use in

our vehicles, plant and equipment.

We divested our interest in the MTC

Broadspectrum Joint Venture (JV) in

New South Wales in 2022, which was

previously a material contributor to

Scope 2 emissions. Our 2021 and 2022

emissions profiles

excluding this JV

were 61,163 tCO

2

-e and 55,814 tCO

2

-e

respectively, reflecting a like-for-like

emissions reduction of 8.7% from 2021.

Overall, our reduction in emissions was

driven by the completion of contracts,

including the MTC Broadspectrum JV,

as well as fleet initiatives. An 11.0%

reduction in Scope 2 emissions was

supported by an improvement in

location-based emissions factors and

efficiency upgrades across our contracts.

A 9.0% reduction in emissions at

our EastLink contract in Victoria was

achieved through LED lighting upgrades

to the EastLink tunnels that occurred in

mid 2021, street-lighting LED upgrades

which commenced in 2022, and the

introduction of four hybrid vehicles and

other vehicle upgrades.

Ventia’s energy use was 683,019 GJ in

2022 with a reduction in use recorded for

most energy types. Aviation fuel in Ventia

aircraft accounted for 2.0% of Scope 1

emissions in 2022, an increase driven by

a return to flying after COVID-19 impacts

in 2021.

Electricity comprised 13.0% of our energy

use and 31.0% of our emissions in 2022.

To achieve our target of 100% renewable

electricity by 2030, we are reducing and

avoiding energy use, monitoring progress,

installing behind-the-meter solar where

feasible, and strategically procuring

renewable energy.

Our Sydney Road Asset Performance

(SRAP) contract has installed 256 solar

panels on the depot roof, producing

133.5 MWh in 2022, while 22.0% of the

contract’s regional depots sourced

electricity via GreenPower. 98.0% of the

energy supplied to our North Sydney

head office and our Parramatta office

in New South Wales in 2022 was also

renewable, supplied by GreenPower.

1. 2021 emissions figures have been adjusted from the previously reported figure of 67,389 tCO

2

-e due to addition of new data sources, replacement of estimates,

removal of data outside Ventia’s operational control and to correct some errors in emission factor calculations.

Vic 25.0%

Qld 22.0%

NZ 20.0%

NSW 19.0%

WA 8.0%

SA 4.0%

NT 1.0%

TAS 1.0%

ACT 0.0%

Transport 30.0%

Telecommunications 17.0%

Infrastructure

Services 25.0%

Defence & Social

Infrastructure 28.0%

EMISSIONS BY GEOGRAPHYEMISSIONS BY SECTOR

Ventia Sustainability Report 2022 19

Fleet reduction and transition
initiatives

Our fleet reduction and transition

initiatives progressed well in 2022.

We added 108 hybrid vehicles to the

Ventia fleet and our first Electric Vehicle

(EV) in New Zealand. 5.6% of our light

vehicle fleet is now hybrid or electric

(213 EVs and hybrids) and

our drive for

optimisation in 2022 reduced the overall

number of light vehicles in our fleet

by 49, while we replaced older vehicles

with more fuel-efficient models.

Ventia trialled our first hydrogen car

this year, a second-generation model

Mirai hydrogen vehicle for the Western

Roads Upgrade (WRU) in Victoria. One

of only

20 in Australia, this vehicle is

estimated to reduce carbon emissions

by more than seven tonnes compared

to

a petrol-fuelled car.

Six electric mowers were introduced to

our Mornington Peninsula Shire contract

in Victoria, where we maintain open

spaces, parklands and buildings. A further

eight electric mowers were introduced

to our Defence Base Services (DBS)

contract in Victoria. These alternative

mowers reduce diesel usage and provide

reduced operational noise.

In November our New Zealand team

introduced a hybrid excavator at Ventia’s

Puketona quarry as part of a program

to improve efficiency and lower our

environmental impact. As well as

introducing this excavator, the team

replaced other heavy plant with newer,

more efficient models and delivered a

25.0% reduction in diesel use compared

to 2021.

We reviewed our plant and fleet

inventory in 2022 to ensure we

are identifying current and future

opportunities to replace diesel across

all plant equipment types from the

largest to the smallest. 4.0% of all Ventia

plant and vehicles are now electric,

hybrid or hydrogen-fuelled. An electric

truck-mounted attenuator has been in

production this year and will be added

to our fleet in early 2023, replacing

diesel

in one of our larger vehicles

which has typically high emissions

during operation.

Electrifying our fleet presents some

challenges, including the availability

of electric models to replace plant

and equipment that are suitable for

the operations, terrain and remote

locations of our work sites, as well

as the availability and proximity of

charging infrastructure. Transitioning to

electric will ultimately be important for

delivering on our science based targets

commitment; however hybrid models

play an important role for us to reduce

our emissions while we work through

these challenges in the short term. We

are

committed to pursuing initiatives that

advance the application of alternatively-

fuelled vehicles and equipment and to

sharing our experiences with clients and

across our supply chain.

Mapping our Scope 3 inventory

At Ventia we are developing our

understanding and approach to Scope 3,

the indirect emissions that occur in

our upstream and downstream value

chain. In 2022 we conducted relevancy

testing across Scope 3 categories and

are well progressed with developing our

baseline

inventory.

Our Scope 3 emissions are greater

than our combined Scope 1 and 2

emissions. Purchased goods and

services is the largest component of our

Scope 3 emissions – therefore offering

the greatest opportunity to impact

emissions reduction, through the way we

partner and engage with our suppliers.

We are proudly one of the 48-member

Australian Climate Leaders Coalition,

who together can challenge and support

the drive towards a low carbon future.

In

November 2022, the Coalition launched

a Scope 3 Roadmap: Practical Steps to

Address Scope 3 Emissions. The Roadmap

features practical, actionable and proven

advice on what leaders and organisations

can do now to drive the transition to a low

carbon future and Ventia Group CEO,

Dean Banks is a signatory.

While we may not have all the answers

right now, we are committed to

understanding and addressing priority

categories in our value chain as we work

towards our ambition of net-zero emissions

across our business and industry.

Ventia introduced 14 electric mowers in 2022.

20 Ventia Sustainability Report 2022

ENVIRONMENT: PROGRESS AND PRIORITIES

Climate and emissions continued

Ventia’s
focus

areas

Scope 1

emissions

Light vehicle

transition

Electrification of

plant and equipment

Fuel eiciency

and monitoring

1

Scope 2

emissions

2

Scope 3

emissions

3

Our clients’

emissions

Energy eiciency and

monitoring

Rooop solar on our

buildings

Procurement strategy

for renewables

Supplier engagement

in high impact

categories

Collaboration and

information sharing

Waste to landfill

measurement and

reduction

Partner on energy

and decarbonisation

solutions

Low carbon approach

to asset management

Provide circular

economy outcomes

including through

EarthSure

Leverage data and digital solutions

Training, awareness and capacity building

Decarbonisation priorities

Ventia trialled our first hydrogen car in 2022.

Ventia Sustainability Report 2022 21

Supporting our clients to reduce emissions at scale
We continue to focus on supporting our

clients to drive their emissions down and

seek opportunities to facilitate change

that will support the energy transition in

Australia and New Zealand. Understanding

our clients’ sustainability goals enables

us to proactively identify opportunities to

drive meaningful improvements.

We are working with the Australian

Defence Force (ADF) to decrease energy

consumption and help achieve their net-

zero goals through scalable solutions.

As the asset manager for Defence bases

across Western Australia, Northern

Territory, Victoria and South Australia,

we are responsible for determining

and implementing best practice asset

management and driving continuous

improvement.

This year Ventia installed 87,000 LED lights

across 37

Defence bases with a predicted

carbon emissions reduction of over

24,000t in the first phase of the rollout,

and an additional 29,000t in phase two.

The LEDs will also lead to a reduction in

reactive maintenance costs and improve

the quality and smart control of lighting.

Ventia received the Asset Management

Sustainability Award at the 2022

AMPEAK conference in recognition of our

achievements on this project to date.

CASE STUDY

ENGINEERING EMISSIONS REDUCTIONS WITH ORICA

In 2022 Orica partnered with the New South Wales

Government and Ventia to upgrade three nitric acid

manufacturing plants as part of the $37 million Kooragang

Island decarbonisation project, installing proven nitrous

oxide greenhouse gas (GHG) emissions tertiary catalyst

abatement technology. Ventia’s Engineering Services team

(formerly ICD Asia Pacific) worked closely with Orica to

ensure the success of this project.

Ventia provided detailed engineering services, including

project management, Structural, Mechanical and Piping

(SMP) and Electrical and Instrumentation (E&I) design in a

complex, brownfield operating environment. The team took

up the challenge of integrating the innovative thyssenkrupp

Uhde EnviNOx® abatement reactor technology into an

operating ammonium nitrate plant. Representing an

Australian industry-first, the technology is designed to reduce

total site emissions by 48.0% – significantly accelerating

Orica’s progress towards achieving their 2030 target to

reduce Scope 1 and 2 operational emissions by 40.0%

1

.

By installing this technology across all three plants used in

the production of ammonium nitrate at Kooragang Island,

Orica will eliminate at least 567,000 tCO

2-

e per year from site

operations and deliver a cumulative emissions reduction of

at least 4.7 MtCO

2-

e by 2030, based on forecast production.

Findings from the decarbonisation project will serve as an

important Australian industry case study, demonstrating the

potential for tertiary catalyst abatement technology to be

deployed more widely.

A highly collaborative project model was required by Orica,

Ventia and other vendors to ensure integration and vendor

risks were mitigated, leading up to successful commissioning

of the first plant in late 2022, with the remaining two plants

on track for completion by early to mid 2023.

Ventia and Orica recognise the critical role partnerships

and collaboration play in the decarbonisation of hard-to-

abate industries and are committed to working together

to forge pathways towards a lower carbon future through

tangible action.

1. On FY19 levels.

Abatement installation at Orica’s Kooragang Island

nitric acid plant.

22 Ventia Sustainability Report 2022

ENVIRONMENT: PROGRESS AND PRIORITIES

Climate and emissions continued

Adaptive mitigation supports
bushfire resilience

At Ventia, we provide expertise in land

management and bushfire mitigation to

address physical climate risks to clients’

assets, improve safety and sustainable

outcomes, and support Indigenous

cultural burn objectives where

appropriate.

Examining and assessing landscape-

scale environmental risks presented by

bushfire and implementing programs

to minimise them is critical as our

climate changes. Fire has always shaped

Australia’s environment and landscapes,

but as the climate changes, the

frequency and severity of bushfires is

expected to increase.

Ventia adopts a holistic approach to

landscape management using fire,

focused on asset management and

ecological integrity. This practice

maintains ecosystem resilience by

reducing the likelihood of wildfire and

the potential impact of higher severity

bushfires.

In 2022 Ventia undertook more than

75

hazard reduction burns to support

our clients across four Australian

states. We develop adaptive mitigation

strategies to minimise the potential

for wildfire, pro-actively managing the

landscape to reduce risk and promote

positive environmental and cultural

outcomes. Continuous monitoring for

risks and changes in the landscape is key

– annual on-ground monitoring ensures

current risks are captured, and negative

or positive changes in ecosystem

composition are identified.

Active management ensures we remain

adaptable for when conditions change.

We monitor fire history, ecology, and

heritage values, and assess and identify

areas of higher potential fuel hazard.

We check the adequacy of the fire-trail

(or firebreak) network infrastructure for

safe access and egress, and integrate

the needs of the underlying vegetation

ecosystem into planning to balance

the imperative of life and property

protection with sustainable outcomes.

Our approach to bushfire management

systems and plans is underpinned

by spatial technologies. We capture

environmental data and integrate it with

information such as land zoning, fire

history and severity, and community

assets. This informs integrated, targeted

planning, evidence-based decision

making and predictive analysis to

assist in the development of effective

strategies to mitigate bushfire risk.

This approach and planning

functionality guides land managers

to sustainably manage landscapes to

endure fire conditions and develop

resilience.

CASE STUDY

REDUCING ENVIRONMENTAL IMPACT THROUGH INNOVATION

A new initiative on Ventia’s

Auckland Council community

facilities contract in New Zealand

leverages technology and

process innovation to improve

performance and reduce carbon

emissions. Through the contract,

we are responsible for ensuring

that over 5,000 public bins are

regularly

emptied.

Data collected since the contract

commenced offered valuable insights

into when and where bins were

filling up, how long it took our team

to complete their routes and empty

them, and where improvements

could be made.

The team reached out to New Zealand

company Pip IoT to assess this data

and provide recommendations on

ways to improve performance with

the addition of sensors using radar

and infrared to assess bin fullness.

The sensors inform the crew which

bins to empty and which to leave until

next route. The team modelled their

recommendations on a specific route

on the Whangaparaoa Peninsula that

includes 135 bins.

Results of the analysis revealed that

with the addition of sensors under

the bin lids, a route that was taking

up to seven-and-a-half hours could

be reduced to four hours, creating

dramatic efficiency gains.

This reduction in completion time

also

enabled the fleet to be reduced

by up to eight vehicles meaning

less carbon emissions and less

noise

for residents in the local

community.

When the sensors are deployed right

across the region, which is currently

serviced via 30 separate rounds,

we have the potential to achieve a

reduction of up to 51 metric tonnes

of CO

2-

e per year.

A reduction in emissions from the

collection fleet was achieved by:


Optimised and shorter

collection routes


Reduction in fleet by

up to eight vehicles

~51

tCO2-e potential reduction per

year possible with sensors

deployed across the region

Ventia Sustainability Report 2022 23

Supporting the energy transition
and climate resilience

Arcadis’ global study estimates Australia

needs to spend $165 billion on clean

energy projects over the next eight years

to create a pathway to net-zero by 2050

1

.

With one of the largest interconnecting

electrical systems in the world, rapid

grid upgrades are required in Australia

to transmission and distribution

infrastructure to ensure an efficient

transition to renewable energy and

storage.

Ventia provide sustainable solutions

across all of our Sectors to support our

clients in the energy transition to create

a renewable, electrified, low carbon

economy. In 2022 Ventia acquired the

assets of an electrical transmission

and distribution services provider

headquartered in Victoria. With more

than 55 highly skilled linesmen, the

team are now supporting Victorian

distribution utilities.

Our high voltage technical services

include substation construction,

upgrades, commissioning, maintenance

of transmission and distribution

assets, process plant and electrical

infrastructure.

In New Zealand Ventia have supported

Transpower for 25 years, providing

operations and maintenance,

and specialist electrical and

telecommunications services to the

national electricity grid. Across more

than 12,600 transmission towers and

58 substations we perform a full range

of maintenance tasks. In 2022 our

teams conducted more than 1,300

inspections and condition assessments,

and over 3,500 maintenance jobs, as

well as critical maintenance, repairs

and additional works including a large

stringing project.

We have partnered with Meridian Energy

since 2011, providing asset management

services to their hydro-generation and

wind farm assets in New Zealand. Our

power and electrical scope of services

includes electrical and mechanical

maintenance, and scheduled, corrective

and emergency maintenance.

In 2022 Ventia led the design and

construction of one of Australia’s first

community batteries. The project

was a partnership with Yarra Energy

Foundation, supported by a range of

partners from across government and

the private sector, including Ventia’s

client and battery manufacturer, Pixii.

The community battery stores electricity

generated by neighbourhood solar

panels, reducing residents’ reliance and

expenditure on grid power and easing

peak-hour stress on the grid.

1. https://www.arcadis.com/en/knowledge-hub/

perspectives/global/2021/energy-transition

Community battery. Photo by Matt Krumins, courtesy of City of Yarra.

24 Ventia Sustainability Report 2022

ENVIRONMENT: PROGRESS AND PRIORITIES

Climate and emissions continued

CASE STUDY
RESPONDING TO WEATHER EVENTS AS WE WORK

TO BUILD CLIMATE RESILIENCE

Fires and floods have become more

frequent in recent years, as the

effects of climate change increase.

In 2022 Ventia provided and restored

essential services on Australia’s east

coast after record-breaking rain and

widespread flooding – particularly in

New

South Wales.

As we prepared to support clients

across our portfolio, field teams

were deployed to flood-prone areas

to check that people, homes and

infrastructure were safe and ready.

The Ventia Operations Centre (VOC)

received an unprecedented number

of enquiries from social housing

tenants, defence personnel and

government agencies.

The VOC recorded an increase of

approximately 20,000 calls from New

South Wales’ social housing customers

seeking urgent assistance with leaking

roofs, water damage, flooding and

removal of fallen trees. To meet

demand, we seconded, trained and

deployed approximately 200 extra staff

from across Ventia, swiftly established

a critical triage system to allocate

urgent works to the field, and worked

with the SES to complete jobs quickly.

2022’s adverse weather also impacted

vital communication networks

that communities rely on and our

Telecommunications customers

experienced multiple power outages.

Our VOC worked to maintain

communications so that emergency

services and alerting systems were

unaffected and crucial lifelines

remained available.

Throughout the year, our VOC

received several thousand requests

to support essential network sites,

coordinating over 300 field resources

to approximately 2,000 critical

communications sites, and deploying

more than 2,100 generators to support

and restore services of national

importance for customers. Ventia

were recognised with a Customer

Experience Award at the 2022 nbn

Supplier Summit for our response

following the floods in Queensland

and New South Wales.

Road infrastructure across

Hawkesbury, Yarramundi, North

Richmond and Windsor was also

impacted. The Network Delivery

Hub team on our Sydney Roads

Asset Performance (SRAP) contract

coordinated works to ensure a fast

response that kept road users and

motorists safe on behalf of Transport

for NSW (TfNSW). In a typical month,

SRAP crews usually respond to

approximately 68 incidents; but from

March to June 2022 the team dealt

with over 730, and pothole repairs

increased from 500 to 1,500.

As we evolve our response to major

incidents at Ventia, we remain

committed to creating solutions that

build and manage climate resilience

for our clients, and help to lessen the

impacts of climate change on our

communities.

The Ventia Operations Centre (VOC).

Ventia Sustainability Report 2022 25

Managing our climate risk
Governance of climate-

related risk

The Ventia Board of Directors has overall

responsibility for risk management.

The Board has assigned responsibility

for all workplace health, safety and

sustainability risks and liabilities, targets

and associated legal responsibilities

to the Safety and Sustainability

Committee (SASC). The SASC also

has oversight of Ventia’s sustainability

plans and monitors our sustainability

performance. Sustainability matters

include, but are not limited to, climate

change, human rights (including modern

slavery), resource efficiency, responsible

procurement practices, diversity and

inclusion, and community engagement.

The Managing Director and Group

CEO, and Executive Leadership Team

implement the Risk and Opportunity

Management Framework within their

areas of accountability. These roles

and responsibilities are part of the

overall Ventia Corporate Governance

Framework (refer to page 75).

Ventia’s Group Executive – Strategy and

Corporate Affairs is responsible for the

management of Ventia’s sustainability

performance and exposure to climate-

related risks and opportunities, and

is supported by the Group Manager

– Sustainability. The Group Manager

– Sustainability is responsible for

communicating Ventia’s management of

climate-related risks and opportunities

to the SASC on a quarterly basis.

Strategy

Ventia’s strategy is to Redefine

Service Excellence via three strategic

pillars: client focused, innovative and

sustainable. With sustainability as

core to our strategy, we aim to realise

opportunities for business growth and

consider the sustainability impact of

our decisions on our business, our

stakeholders and the environment.

Our Sustainability Strategy establishes

our business-wide objective to achieve

net-zero emissions and support our

clients to achieve their climate goals.

Risk and opportunity management is

a fundamental component of Ventia’s

strategic and operational decision

making. A strong risk management

culture is critical to enable Ventia to

achieve our strategic, operational and

commercial objectives. It can also be a

source of competitive advantage and a

key differentiator for our clients.

Through scenario analysis and

engagement with internal stakeholders

(outlined below), three clear climate-

related themes have been identified,

supported by 10 climate-related risks

and opportunities, which may impact

Ventia’s operations, supply chain and

customers in the future.

Ventia acknowledge the existence of climate change and support the aims of

the Paris Agreement, including limiting global warming to below 1.5°C.

These Sustainability Report pages form our climate change disclosure, which

is structured around the four categories of recommendations of the Taskforce

on

Climate-related Financial Disclosures (TCFD): governance, strategy, risk

management, and metrics and targets.

Risk or

OpportunityDescriptionImpact on Ventia

Theme 1: Enhancing Ventia’s collaboration with clients

OpportunityClients’ appetite to

partner for improved

resilience

Ventia’s level of sustainability ambition within the tendering process is strongly

linked to the ambition of our clients.

Ventia will work with clients on innovative and cost-conscious solutions to improve

resilience to climate risks.

OpportunityAbility to influence clients

on resilient and efficient

design

Ventia can influence asset designs to factor in the potential impacts of climate

change. Ventia has a strong culture of educating clients, based on our broad service

offerings and extensive expertise, which has been identified as a key strength.

RiskImpacts of climate

change on our people

The impacts of climate change, particularly in the >2.0°C scenarios, will result in

more frequent and severe weather events. Contracts in locations experiencing the

most extreme weather conditions may experience a changed risk profile in relation

to physical personnel risks, and for attracting and retaining staff.

26

Ventia Sustainability Report 2022

ENVIRONMENT: PROGRESS AND PRIORITIES

Theme 2: Leveraging Ventia’s ability to support a transition
OpportunityClimate related service

offerings

There are opportunities for Ventia to gain a competitive advantage through

offering both transition and adaptation services in response to climate change,

including alternative services consistent with a lower carbon world, whole-of-

asset management services, and additional maintenance/capital works in existing

contracts in response to the physical impacts of climate change.

OpportunityProvision of

environmentally efficient

services

Innovations in materials and technologies have the capacity to revolutionise the way

we deliver projects in the future, including by using low/zero carbon materials and

improved use of resources.

OpportunitySupporting long-term

consideration of climate

change

Business as usual approaches will need to be adapted to manage both physical

and transition impacts of climate change. The nature of Ventia’s contracts,

including

short delivery timeframes, limits capacity to adapt asset designs for

future climate impact.

In a transition scenario, Ventia’s clients could increasingly request more

environmentally efficient services and our ability to meet these demands could

provide a competitive advantage. Ventia will be required to align with the

environmental targets (including emissions and waste) of our clients.

Ventia can support transition and physical resilience of assets designed and

constructed today by including components that align with future needs, and

ensuring that Ventia has the skills and knowledge innovation to support a transition.

RiskImpact of climate change

on operations

Climate change has the capacity to be a significant disruptor to Ventia’s operations.

Chronic and acute weather have the capacity to disrupt Ventia’s workforce.

Physical climate change may increase the volume of work we are required to perform

to manage assets and therefore present a risk if Ventia cannot source the labour

required to complete tasks.

Theme 3: Understanding Ventia’s long-term contract exposure to climate risks

RiskExposure to fixed risk

profiles on long-term

contracts

Some of Ventia’s contracts are long-term and have a fixed-risk profile for service

delivery. Fixed-risk profile long-term contracts that commence in the present may

not have adequate visibility of potential future climate-related risks, while older

contracts have little coverage of contemporary sustainability matters and therefore

may carry a higher financial risk.

RiskExternal price shocks to

supply chain

Extreme weather and other impacts of climate change could result in external price

shocks. Extreme price fluctuations are difficult to price into contracts, and short lead

times for contracts diminish the ability to secure long-term prices for materials and

services. Increased costs may be difficult to recover and would need to be absorbed

by Ventia.

RiskPhysical risks lead to

disruptions in supply

chain

As evidenced by COVID-19, the world is vulnerable to disruptions in the availability

of materials and resources. In a future climate, extreme weather or the decreased

viability of certain materials may drive supply constraints.

Ventia Sustainability Report 2022


27

Climate risk management
Ventia’s approach to risk management is supported by our Risk and Opportunity Management Policy, which acknowledges the

importance of applying a whole-of-Ventia approach, including from the Board, senior leaders and employees’ to managing risks

and opportunities.

Identifying and assessing climate-related risks and opportunities

Building on work completed in 2021, Ventia assessed our exposure to climate-related risks and opportunities across all Sectors

with the use of scenario planning. We developed four future climate scenarios, ranging from warming of 1.5°C to >3.0°C and

tailored to our business, to enable our senior leaders to assess the impacts of a future climate on our operations.

• Fast reduction of emissions

fr

om now



Rapid decline in f

ossil fuel use


Wors

t physical impacts


avoided

Best case scenario

Fast action



(1.5°C future)

Delay

ed rapid action

Required action


(2.0°C future)

C

urrent trajectory

(>3.0°C future)

Worst case scenario

• Little additional action on

climate change until 2025,

rapid action from 2030



Wors

t transition risks due to

rapid pace of change



Physic

al impacts still present

• Increased action during 2030s

and 2040s



Slower phase

-out of fossil fuels


Physic

al impacts experienced

• Physical impacts are severe,

with impacts to supply chains



F

ossil fuel consumption

continues to grow out to 2050

Figure 1: Climate scenarios

The process to identify the range of risks and opportunities used in scenario planning included interviews with internal

stakeholders considering how Ventia’s operations, customers and supply chains may be affected under each scenario.

The consolidated and aggregated themes from the interviews, which described the most prominent climate risks and

opportunities relevant to Ventia, were explored and assessed through a series of workshops.

Consideration of these themes in our risk management processes will contribute to our ongoing management of climate-related

risks and opportunities. We will continue to explore the significance of these risks and opportunities, including across the four

scenarios and various time horizons.

Ventia’s Risk Management Framework

We are committed to being proactive in risk and opportunity management at all levels of the organisation and we apply risk

and opportunity management through processes and specific practices. A culture of actively managing risks is embedded in

how we run our business. This ‘risk culture’ fosters our collective ability to identify, understand, escalate, then openly discuss

and respond to current and future risks. We continue to foster a culture of positive risk behaviours, which adapt to our rapidly

changing

business.

Management of climate-related risks and opportunities is ultimately overseen by the Audit Risk and Compliance Committee

(ARCC), in alignment with the Safety and Sustainability Committee (SASC). The Committee receives a quarterly update on Ventia’s

enterprise risks through an enterprise risk scorecard, which is used to monitor all potential areas of risk and determine alignment

with Ventia’s risk appetite for each area.

28 Ventia Sustainability Report 2022

ENVIRONMENT: PROGRESS AND PRIORITIES

Managing our climate risk continued

Figure 2: Risk Management Framework
Metrics and targets

At Ventia, we use climate-related metrics and targets to monitor our progress towards mitigating climate-related risks and

delivering on the objectives of our Sustainability Strategy.

We are committed to setting science based targets for emissions reduction (near-term) and net-zero (long-term). Our 2023 priority

is to set these targets, including submission and validation through the Science Based Targets initiative (SBTi).

While we develop our science based targets we have also set targets for 2030 for:


100% renewable electricity use


100% of our fleet to be hybrid or electric.

We collect and measure emissions data for Scope 1 and 2 emissions. This is disaggregated by source into emissions from liquid

fuels, electricity and natural gas. We also track the emissions intensity of our business, based on tonnes of CO

2

/$m revenue.

Our progress towards these targets in 2022 and in reducing our Scope 1 and 2 emissions is provided on page 19.

In 2022 Ventia commenced building our Scope 3 Emissions Framework and establishing our baseline. In 2023 we will commence

tracking of our Scope 3 emissions as a metric for monitoring progress, including for tracking against our science based targets once

established.

ESCALATE

RISK MANAGEMENT

RISK MANAGEMENT

BOARD SUB-COMMITTEES

RISK MANAGEMENT

EXECUTIVE LEADERSHIP

TEAM INTERNAL AUDIT

ALL EMPLOYEES

VENTIA BOARD

CASCADE

CASCADE

ESCALATE

ENTERPRISE

RISK

Organisation

BUSINESS RISK

Sectors / business units / enabling functions

PROJECT DELIVERY / CONTRACT RISK

Gate governance processes

Management policies

Work winning processes

Delegation of authority

Project delivery processes

Incident response procedures

Internal control environment

Business unit strategy

EMERGING RISKS

A new or unforeseen

risk that we haven’t

yet contemplated

Continuous scanning

by all levels of

management

STRATEGIC RISKS

Long-term external

factors, industry trends,

potential to change

direction of Ventia’s

strategy

Appetite scorecard

TACTICAL RISKS

Medium term, Sector/BU

specific, potential

to change direction of

Sector’s strategy

Top 10 risks and

opportunities

OPERATIONAL RISKS

Day-to-day, compliance,

people, systems and

processes, potential

to change direction of

project’s

strategy

Risk and opportunity

register

Ventia Sustainability Report 2022 29

Protecting and enhancing
our environment

We consistently seek opportunities to minimise

our impact on the environment, protecting

environmental value and delivering services to

enhance the potential for our environment to

thrive in the future.


WINNER

AMPEAK Sustainability Award

Assessing lifecycle costs and

upgrading lighting to LED

technology at ADF bases

nationally

2022 Asset Management Council

Awards

FINALIST

‘Organisational Excellence’

2022 Victorian Water Awards

Australian Water Association (AWA)

WINNER

New Zealand Environmental

Award

Kerikeri Inlet Road boat ramp

and carpark project

Civil Contractors Northland

Construction Awards

Awards

Prioritising action for a

Healthy Planet

Given the broad range of services Ventia

provide, there is the potential that our

operations could adversely impact the

environment. This may include pollution

events, impacts on heritage and

archaeological sites, biodiversity, waste

generation and emissions.

Ventia’s commitment to protecting

the environment is articulated in

our Environmental Policy and is

underpinned by our integrated Safety,

Health, Environment and Quality (SHEQ)

management system.

In 2022 we focused on raising

further awareness of environmental

compliance

requirements with

the launch of our Healthy Planet

program which includes new online

environmental awareness training and

resources, and a planned review of our

environmental management system

including implementation.

The review was led by an independent

environmental consultancy and

extended across projects in both

Australia and New Zealand. It highlighted

areas of strength and opportunities

for improvement, which will form

the basis for planned enhancements

to our environmental management

system in 2023. Ventia’s

environmental

management system was also

independently recertified to ISO

14001 by our certification agency,

Bureau

Veritas.

Our new environmental awareness

training was completed by 670 staff

in 2022, primarily in frontline SHEQ

roles, ahead of a broader rollout

planned

for 2023.

Ventia’s Environment Community of

Practice (CoP), an internal network of

environmental professionals, also gathered

momentum this year with monthly

meetings held to share environmental

innovations and case studies, and

promote external collaboration.

At Ventia we take all environmental

incidents that occur seriously, act to

identify root causes and take appropriate

action. Our joint venture with Downer,

Utilita, received a compliance notice in

2022 from Brisbane City Council for a

2021 incident of native tree removal on

Council land. Utilita paid AU$16,199.40

to offset the tree canopy loss.

The most common incidents in

2022 were classified as minor and

negligible

1

environmental incidents,

which were localised and rectified

on site. No

environmental incidents

were classified as serious

2

and no

prosecutions or infringement notices

were reported in 2022.

1. A ‘minor’ consequence environmental incident has a minor, short-term impact and/or is contained on

site. A negligible consequence incident has negligible environmental impact.

2.

A serious environmental incident includes any event that resulted in a ‘major’ or ‘catastrophic’

consequence to the environment according to Ventia’s Risk Matrix.

30 Ventia Sustainability Report 2022

ENVIRONMENT: PROGRESS AND PRIORITIES

Biodiversity solutions
We supported our transport, local

government and defence clients with

the management of more than 790,000

hectares of natural assets in 2022.

Providing maintenance, landscaping,

weed management, bushland

restoration, bushfire management

services and solutions, and pest control

to protect natural value and enhance it

where possible, while being sensitive to

resource use.

On our EastLink contract, goats have

been used for seven years as a low

impact means to manage roadside

weeds with the benefit of less chemical

application. In 2022 we used goats to

maintain 7.7 hectares at EastLink and

conducted a trial at one Australian

Defence base combining a native

planting program alongside the goats for

weed control.

To manage the natural assets of the

Defence estate we create hydrozoning

plans. These plans are based on a

‘xeriscaping’ concept which seeks to

minimise inputs and reduce resource

consumption while maintaining the

landscape to an appropriate standard for

intended use – for example only using

irrigation where the land use requires

a higher standard of care for either

aesthetics or resilience to activities. This

targeted approach reduces resource

inputs including fuel and water, as

well as achieving a reduction in waste

generated.

CASE STUDY

ALTERNATIVE SOLUTIONS FOR GREENING

MEDIANS LEAD TO SMART SAVINGS

Our Transport maintenance team

working on the Sydney Roads

Asset Performance contract in

Western Sydney identified a 100

metre stretch of median to trial a

low maintenance, low emissions

alternative to conventional grass

coverage which increases roadside

biodiversity and road user amenity.

The innovative, sustainable approach

involved the selection of a range of

low maintenance native plant species

from a local Aboriginal supplier that

require less watering, mowing, fuel

consumption and weed spraying, and

avoid extra mobilisation activities

and

costs.

The conventional grass maintenance

work was estimated to generate

2.3

tonnes of carbon dioxide

equivalent (tCO

2-

e) over the

remaining eight years of our contract

in comparison with the 0.4 tCO

2-

e

calculated for the team’s native plant

maintenance alternative, resulting in

a saving of approximately 1.9

tCO

2-

e;

emissions that equate to taking one

Australian car off the road for a

year.

Further to their sustainable

median greening solutions,

Ventia Transport’s Sydney

Roads Asset Performance

contract developed Geographic

Information Systems (GIS)

layers for tree canopy coverage

and noxious weeds. Using

this GIS tool, the team’s plan

works to support biodiversity

outcomes and measure positive

change over time.

Ventia Sustainability Report 2022 31

CASE STUDY
PLANTING ‘TREES FOR SURVIVAL’ IN NEW ZEALAND

Over the past three years Ventia

have supported the planting

of over 11,700 plants through

their sponsorship of the Trees

for Survival program. Trees

for Survival is a charitable

trust working with over

190 New Zealand schools and

communities to grow and

plant

native trees.

Trees for Survival also runs an

education program, providing an

opportunity for school children

to make a practical difference

to their environment and learn

about conservation, revegetation,

wetland restoration and protecting

stream

quality.

Ventia’s support, driven first by

New Zealand’s Electricity & Gas team

and more recently by our Auckland

Council team, has grown significantly

over the past few years. Having started

with just 1,500 plants and no student

involvement at two schools in 2019,

it has now grown to over 5,100 plants

and more than 150 students attending

planting days across seven schools

in 2022, including two new schools

(Howick College and Albany Primary

School) which held Ventia-sponsored

planting days this year.

Native plants ranging from Ti Kouka

and Mahoe, to Manuka and Karamu,

are grown from eco-sourced seed from

the Auckland and Bay of Plenty regions

and nurtured to become seedlings

by local nurseries. Seedlings are

then potted into larger bags and

tended to by each school before they

are

planted.

Ventia’s partnership with Trees for

Survival has resulted in hundreds of

new and native plants sprouting to life

in the communities where we work.

Planting areas include revegetation of

waterways, retired pasture and erosion

prone hillsides – most recently, the

Papakura Stream restoration project,

which the Howick College planting

group were first to contribute to.

This project will improve forest cover

around the stream and its catchment

and improve stream quality, while

educating and engaging landowners

and community members.

32 Ventia Sustainability Report 2022

ENVIRONMENT: PROGRESS AND PRIORITIES

Protecting and enhancing our environment continued

Supporting the circular economy
Ventia’s role in the circular economy

flows from our role across the spectrum

of all stages of life for infrastructure

assets – from how we plan and manage

assets to prolong their life, to the

selection of materials including the

use of replacement and lower impact

products, and reducing resource use and

waste to landfill.

We create impact through many

different initiatives, such as our work

on the South-East Queensland Road

Asset Management contract, where

we completed our first self-delivered

pavement rehabilitation in Josephville

in 2022, incorporating cement insitu-

stabilisation. This pavement treatment

reuses existing pavement materials with

the incorporation of cement, reducing

the amount of old material removed

from site and the volume of new

pavement material required, resulting in

less emissions from transportation, less

virgin materials and less waste. We have

now reused 1,300t of pavement material

on this project reducing the need for

virgin road aggregate material.

Our greatest opportunity to provide

circular economy outcomes is through

lifecycle asset management, ensuring

our decisions have a long-term holistic

view to achieve efficient and optimised

use of materials and equipment,

minimising the need for intervention or

replacement.

Our teams seek sustainable solutions

of all scales, including identifying

alternative products for use in day-

to-day operations. We avoided the

use of approximately 175 litres of

chemicals at RAAF Edinburgh through

the introduction of the e-Water cleaning

solution, which uses electrolysis to

generate commercial-grade disinfectant,

providing a biodegradable natural

solution for the team’s general cleaning

and sanitising. The onsite generation of

e-Water means that multiple cleaning

products are no longer necessary, which

also reduces single-use plastic waste.

Reducing water use

Water is an essential resource used by

Ventia as we deliver the services set

out in our contracts. Our water use

includes potable water, and recycled

and reclaimed water, including from

rainwater tanks. Our teams are focused

on reducing the use of water in

operations.

Our Auckland City Council team

replaced high-pressure water blasters

by introducing hot water pavement

washers to our fleet, the first of this kind

in New Zealand. Combining the action

of high pressure and hot water without

using chemicals, the pavement washers

reduce water use in street cleaning

by

95.0%.

We also reduced our water use by

installing a new wash bay in the

Withcott, Queensland workshop of our

Rig and Well Services business. The wash

bay system filters the water separating

oils and solids then recycles it to be

reused for cleaning, saving an estimated

5,000 litres of water each week.

The new Rig and Well Services’ wash bay in Withcott, Queensland.

Ventia Sustainability Report 2022 33

Protecting and enhancing our environment continued

Unearthing a better solution
EarthSure’s new soil washing technology

received over $1.1 million of funding to

establish a soil washing facility in Victoria

that transforms contaminated soils into

reusable aggregate, sand and road base

to help drive the circular economy.

Led by EarthSure and supported by the

capabilities of joint venture partners

Ventia and Veolia, the project is one of

only four successful funding recipients

from round two of Sustainability

Victoria’s Circular Economy

Infrastructure fund – Hazardous Waste

stream (previously the Recycling Victoria

Infrastructure fund). The fund aims to

assist businesses and local government

to increase the capacity and capability

of Victoria’s resource recovery sector and

recover high quality products.

EarthSure’s contaminated soil and

hazardous waste processing facility

is licensed to treat a wide range of

hazardous materials generated by

civil and environmental remediation

projects for industrial, commercial,

utility, manufacturing, government and

defence sectors, for beneficial reuse

where it is viable. In 2022 EarthSure

treated 9,000t of soils and provided

more than 3,000t of treated soils back

to industry for reuse. It is Victoria’s only

facility licensed to accept Category

B

prescribed industrial waste and

N160 stabilised/immobilised wastes,

such as heavy metals (lead, arsenic,

mercury) and

PFAS (perfluoroalkyl and

polyfluoroalkyl substances).

CASE STUDY

VENTIA SUPPORTS CLIENTS TO PROTECT AND ENHANCE RIVER AND

WETLAND HEALTH

River regulation and climate change

have interrupted many of the natural

river and wetland processes needed

for native plants and animals to

survive and thrive. Environmental

water is released into some of these

rivers and wetlands to improve

their health. However, existing river

operating rules currently limit how

much water can be delivered to enable

higher river flows and small overbank

flows into low-lying floodplains and

wetlands.

In 2012 the Murray Darling Basin Plan

was developed to protect and restore

the health of the Basin’s environmental

values, in a way that balances

environmental, social, cultural and

economic considerations. Restoring

the health of the Goulburn River is

part of this Plan and has been put

forward by the Victorian Government

as a project to address obstacles

in delivering environmental water.

These projects are called constraints

measures.

Ventia’s Environmental Monitoring

team contributed to planning and is

responsible for installing streamflow

and rainfall gauges in the River

system to broaden the coverage of

the existing hydrometric network.

Three

streamflow and 10 rainfall

gauge sites are being installed and

commissioned by Ventia to provide

important information for the

calibration of rainfall run-off and

streamflow forecasting, and support

ongoing management of River

operations.

The Ventia team also completed

a 200km bathymetry survey on

the Goulburn River between Lake

Eildon and Nagambie in Victoria,

providing critical information for flow

behaviour simulation to help develop

understanding of the River’s capacity

at different flow levels.

34 Ventia Sustainability Report 2022

ENVIRONMENT: PROGRESS AND PRIORITIES

CASE STUDY
COLLABORATIVE INITIATIVES MINIMISE WASTE THROUGH CIRCULAR

ECONOMY

In collaboration with our client

Yarra Valley Water (YVW) and the

EarthSure soil treatment facility,

Ventia’s Water team is undertaking

a long-term pilot project to create a

sustainable approach to managing

spoil from emergency excavations.

The project aims to utilise recycled

aggregate material back through

the YVW network, rather than

utilising virgin quarried materials.

Operational practices for managing

spoil have traditionally relied on

landfill; however Ventia, YVW and

EarthSure are all driven to support

a circular economy, pursuing

innovations and new approaches to

reduce emissions and minimise waste.

The pilot was recently recognised

by the Australian Water Association

(AWA) as a finalist for ‘Organisational

Excellence’ at the 2022 Victorian

Water

Awards.

The first phase of the pilot was focused

on understanding the spoil material.

Spoil is comprised of soil and other

material recovered when excavations

are required to manage issues, such as

burst mains, across the YVW network

as part of emergency and maintenance

works. Leveraging EarthSure’s

specialised Melbourne-based soil

processing facility, the spoil is treated

using a thermal desorption process to

safely remove contaminants.

This step enables the team to

understand the spoil’s composition

and remove items like concrete and

rock to produce a benign and reusable

soil product. It also enables treated

spoil to potentially be reclassified

as material suitable for a range of

alternative uses.

Trials completed during the first two

pilot stages have revealed that more

than 99.9% of the material has the

potential for reuse. Ventia have also

engaged a specialised technical team

to further assess the material and its

reusability. The team are now working

on replicating results and working

with relevant authorities on approvals

to develop a proposal for reusing the

material back in the field.

Benefits of this project include

removing contaminants from the

water network, relieving pressure on

landfills from water industry works

and generating less greenhouse gas

emissions through waste avoidance

and a reduction in the use of virgin

materials.

Product soil after being treated at EarthSure’s soil treatment facility.

Ventia Sustainability Report 2022 35

Rehabilitation at Ranger Mine
Ventia were this year awarded two

packages of works with Energy

Resources of Australia Ltd as part of over

$1 billion in environmental rehabilitation

activities.

The works at the Ranger Mine in

Kakadu, Northern Territory, involve our

Environmental Services team designing

and constructing a purpose-built floating

platform to support two 100t wicking

rigs to install around 50,000 wicks into

a flooded mine pit full of uranium

tailings. The wick drains accelerate the

rehabilitation process.

In 2022 the floating platform was

fabricated, delivered, constructed and

commissioned, and almost 14,000 wicks

have successfully been anchored into

the tailings to date.

Our Rig and Well Services team have also

been engaged to drill three directional

wells to support our client’s upgrade of

their brine injection system and help

manage the salt content of the water.

Purpose built floating platform and wicking rigs at Ranger Mine.

Prefabricated vertical drains (PFD) or ‘wicks’ being installed by Venita in Pit 3 at Ranger Mine.

36 Ventia Sustainability Report 2022

ENVIRONMENT: PROGRESS AND PRIORITIES

Protecting and enhancing our environment continued

Diverting textile waste from
landfill

A sustainable reprocessing solution for

the Australian Defence Force (ADF) has

been implemented across all 31 Defence

National Clothing Stores managed by

Ventia. Ventia partnered with Veolia and

Shred-X Secure Destruction for uniform

processing, using a recycling system that

converts textiles to biofuel, significantly

reducing waste to landfill.

An initial trial proved the new approach

was a successful way to manage combat

uniforms at end of life and has led to a

national rollout of the solution. 21.5t of

textile waste was diverted from landfill in

2022 and converted to biofuel, enabling

Defence to meet environmental and

sustainability targets.

In 2022, the initiative was expanded

to include recovery of linen from an

accommodation refurbishment at RAAF

Woomera in South Australia. Six pallets

of linen were diverted from landfill and

converted to

biofuel.

FUTURE FOCUS:

ENVIRONMENT

Industry trends and

stakeholders’ expectations were

considered to inform our 2023

focus areas, which emphasise

innovative client solutions,

emissions and resource use

reductions, and a review of our

environmental management

system.

Set our science based

targets and create

a detailed plan to

achieve our emissions

reduction goals


Set validated science based

targets for near-term emissions

reduction and net-zero.


Continue to implement

emissions reduction and

environmental initiatives aligned

to the priorities of our clients.


Establish Scope 3 inventory and

measurement and identify key

opportunities.

Continue to raise

awareness of the work,

skills and capabilities

required for a Healthy

Planet


Environmental awareness

training to be rolled out

business-wide.


Planned revisions to the

environmental management

system to be delivered with a

focus on land management

and

heritage.

Further mapping of

Ventia’s waste profile

and execution of

targeted reduction

initiatives


Resource reduction plans in each

Sector establish initiatives with

a specific focus on the circular

economy and recycled content.

Managing and reducing waste

In 2022, our focus on understanding our

waste footprint has been incorporated

into our approach for establishing our

Scope 3 Emissions Framework. We are

currently developing Ventia’s waste

profile to establish a baseline for how

we measure our waste, including where

Ventia directly produces and manages

the waste, and where our service

providers and subcontractors generate

waste. Waste streams at Ventia range

from food, to green and liquid waste,

electronic waste and lighting, office

waste, spoil and construction waste.

Resource reduction plans introduced

into our Sectors in 2021 continue to track

initiatives that target reductions in waste,

materials, energy and water use.

Textile waste is diverted from landfill and converted to biofuel.

Ventia Sustainability Report 2022 37

SOCIAL
38 Ventia Sustainability Report 2022

OUR OBJECTIVESOUR OBJECTIVES
Our people are safe and healthy

and are as diverse as our

communities

We engage and respect the

communities we work in

We create value through our local

and diverse supply chain

Ventia Sustainability Report 2022 39

Performing the essential work that keeps critical infrastructure running
smoothly for our communities can be inherently dangerous. Because

people are at the heart of our success, our #1 promise is to put safety

and health above all else.

Safety, health and wellbeing

SOCIAL: PROGRESS AND PRIORITIES

KEY STATISTICS

14.0%

Decrease from 2021,

ahead of target

36.0%

Decrease from 2021,

ahead of target

18.0%

Reduction in high potential incidents

Healthy Minds Champions

~180

Compensation claims

18.0%


Reduction in claims

since 2021

1

1.


Includes accepted workers’ compensation

claims in Australia and New Zealand. Excludes

claims associated with COVID-19, which were a

one-off impact.

Team members trained to champion our

award-winning mental health program.

Total Recordable Injury

Frequency Rate (TRIFR)

Serious Injury Frequency

Rate (SIFR)

20212022

TRIFR

3.71

4.32

SIFR

2021 2022

0.29

0.45

40 Ventia Sustainability Report 2022


Delivering on our promise

In 2022 our objectives included reducing the frequency and severity of injuries, building the capability of our frontline

leaders, and embedding our unified Safety, Health, Environment and Quality (SHEQ) management systems. This year we

realised continued performance improvement, including:

Reducing our injury

trends: injury performance

continued a positive,

declining trend for both

Total Recordable Injury

Frequency Rate (TRIFR) and

Serious Injury Frequency

Rate (SIFR) (3.71 and 0.29

compared to our 2021

result of 4.32 and 0.45

respectively).

Increasing our focus

on managing critical

risks: new and engaging

campaigns were developed

to target hazards,

driving engagement and

heightening awareness of

safety requirements; while

innovative technology

was used to encourage

safer driving behaviour

and increase leadership

involvement. As a result,

critical assurance activity

exceeded target by 35.0%

and we experienced a

reduction in high

potential incidents

of 18.0%.

Investing in frontline

capability: We continued

to embed our Safe for Life

frontline leadership training

program, exceeding our

target of 1,200 participants.

Continuing to embed our

harmonised systems,

ensuring compliance and

reducing complexity:

80.0% of planned

contracts transitioned to

our harmonised SHEQ

management systems.

WINNER

‘Best Continuous Improvement of a

Management System’

29th National Safety Awards of Excellence

NSCA Foundation

WINNER

‘Defence Innovator of the Year’

Filter Adaptor (breathing apparatus)

with firefighting PPE partner, Dräger

Australian Defence Industry Awards

WINNER

Bridie Vico

‘Young Health & Safety Leader of the Year’

2022 Australian Workplace Health & Safety Awards

Australian Institute of Health & Safety

Awards

Ventia Sustainability Report 2022 41

Our Healthy
Minds program

There are now approximately 180

Healthy Minds Champions trained

across Ventia, growing the network

of colleagues across Australia and

New Zealand. Champions are available

to guide their peers to access mental

health support services and to

amplify campaigns and initiatives

at local workplaces in all Sectors.

A

total of 216 leaders also completed

Healthy Minds Leaders’ training in

2022 to support their efforts to create

and maintain a positive working

environment and culture, where

team members feel comfortable to

discuss their mental health and are

empowered to seek assistance.

Our Healthy

Bodies program

In 2022 a total of 753 people accessed

expert health support through our

Healthy Bodies early intervention

program to proactively manage and

improve their physical wellbeing.

As a result of focused awareness

campaigns, use of the early

intervention program increased by

26.0% year-on-year. With more of our

people accessing the service, we have

more employees capable of looking

after their bodies, more leaders able to

support their people with appropriate

work; and we have less

injuries.

A proactive approach to

health and wellbeing

We are committed to the health

and wellbeing of our people and

support a

strong culture of care

through a wide range of

services and resources.

We

continue building capability

at all levels of the organisation to

facilitate access to health

support for employees and

contractors to

positively

influence their personal

wellbeing.

42 Ventia Sustainability Report 2022

Safety, health and wellbeing continued

SOCIAL: PROGRESS AND PRIORITIES

Partnering on key campaigns to
raise awareness

This year we launched our

‘What’s up?’ industry campaign to

support scaffold safety in industry.

We are proud to have partnered

with the Office of the Federal Safety

Commissioner (OFSC) to share

resources and raise awareness and

knowledge of this important risk area.

Spotlight on driving

and road safety

Driving is the #1 cause of work-related

fatalities in Australia and New Zealand.

Ventia’s fleet has approximately

3,750 light vehicles. Our combined light

and heavy vehicle fleet travels more than

92 million kilometres per year.

Commencing May 2022, Ventia

promoted safe driving with the launch of

our ‘All

roads lead to home’ campaign.

Safe driving visibility via our technology

partner, EROAD, increased to 90.0%

while improving driver behaviour by

17.0% and

maintaining better than

industry driving behaviour.

We will continue to promote safe driving

and focus on adopting more technology

to support our drivers to continue to be

safer while on the road.

CASE STUDY

BRIDIE VICO NAMED ‘YOUNG HEALTH &

SAFETY LEADER OF THE YEAR’

Ventia’s Bridie Vico was awarded ‘Young Health & Safety Leader

of the Year’ at the 2022 Australian Workplace Health & Safety

Awards in October.

Presented by the Australian Institute of Health & Safety, the Awards recognise

outstanding contributions to workplace health and safety in Australia.

Bridie is the Network Safety, Health, Environment & Quality Manager for Ventia’s

Motorways and Tunnels projects in New South Wales and manages her team of

seven to oversee the safe management of five of Sydney’s busiest road assets

for our client, including three tunnels and two open motorways.

In her leadership role, Bridie has changed the perception of safety and health

by fostering a positive workplace safety culture, which encourages teams to

participate, be open and trust that issues raised will result in improvements to

ways of working.

Ventia Sustainability Report 2022 43

Building frontline capability and skills
Ventia’s Training team provided key skills

training for over 13,000 people across

our business in 2022.

During the year, the team worked

on a variety of projects designed to

provide internal capability uplift. We

also identified an opportunity to work

with the Office of the Federal Safety

Commissioner to establish industry

training for scaffolding safety.

There are 12 training development

initiatives scheduled for 2023, as we

continue to partner with industry

experts to deliver business-specific

training and provide skills development

and awareness training to support the

Ventia

business.

Leading to ensure our people are Safe for Life

Our Safe for Life frontline leaders’ program is just one Ventia training and

development program leading the industry, with over 1,300 leaders trained

in 2022.

Safe for Life focuses on promoting behaviours that demonstrate effective

leadership and building a culture with leading health and safety tools,

processes and systems. Feedback evaluation indicated 83.0% of participants

believe the course has helped them in their role, with over 95.0%

recommending the program to colleagues.

3,900

Individual high-risk

accredited units of

competency/standards

awarded

26,000+

Industry-specific

training completions

1,300+

Safe for Life frontline

leaders trained

44 Ventia Sustainability Report 2022

Safety, health and wellbeing continued

SOCIAL: PROGRESS AND PRIORITIES

FUTURE FOCUS:
SAFETY, HEALTH

AND WELLBEING

We aim to build on our culture

by focusing on leadership

behaviours and simplifying

the way we work. We will

emphasise mental health and

workplace culture including

sexual harassment at work in

our 2023 initiatives.

Elevate culture by

focusing on leadership

behaviour


Onboard 100% of nominated

leaders to our safety culture

program and train in Ventia’s

in-house Safe for Life frontline

leadership training.


Increase the number of initiatives

delivered collaboratively with

clients and industry.

Continue to improve

safety and health

outcomes by

simplifying processes,

lifting governance and

investing

in capability


Reduce TRIFR by 10%.


Reduce SIFR by 5%.


Reduce serious claims by 5%.


Manage risks by

fostering ownership

at

all levels


Complete 100% planned

assurance activity.


Complete a mental health

compliance review to inform a

refreshed Healthy Minds plan.

CASE STUDY

AWARD WINNING INNOVATION ENHANCES

PROTECTION FOR FIRE CREWS

Following the 2019-2020 ‘Black Summer’ bushfires, Ventia’s Lead

Firefighter at HMAS Albatross in New South Wales, Gilbert Gary, saw an

opportunity to provide an additional safety measure for his crew after

noting the risk faced when they had to change masks to adapt to varying

conditions during an incident.

Ventia collaborated with long-time firefighting PPE provider Dräger to develop

and test a solution – creating a simple, but highly effective, filter adaptor that

allows an in-field change from breathing apparatus to cannister filters, without

removing the mask. The

adaptor has resulted in one mask being adaptable

for all aspects of firefighting, helping protect fire crews throughout an entire

incident, regardless of changing conditions or toxic environments.

This innovation won ‘Innovator of the Year’ at the 2022 Australian Defence

Industry Awards and is now used by over 300 Ventia firefighters across

14

Australian Defence bases nationally. It has also been adopted by ~7,000

New South Wales Fire and Rescue firefighters.

Ventia Sustainability Report 2022 45

DIVERSITY &
INCLUSION

Providing direct employment

to local communities and

under-represented groups

Value creation through our

supply chain

•Aboriginal and Torres Strait

Islander businesses

• Māori businesses

• Social and disability

enterprises

•Other diverse suppliers

OUR SOCIAL

IMPACT

COMMUNITY

ENGAGEMENT

INDIGENOUS

AND SOCIAL

PROCUREMENT

• Building local relationships

• Creating local opportunities

• Community grants and

sponsorships

•Volunteering and community

projects

As we go about our everyday

business, providing essential services

and delivering on our purpose of

making infrastructure work for our

communities, we are presented with

many opportunities to make a positive

and lasting difference for people and

the world around us.

Being people and community focused

is central to our sustainable approach.

This core focus sees us target and

prioritise three key social areas with our

plans and actions – which combined

are how we generate the momentum

to

create a positive social impact.

Our progress in creating social impact

is supported by our strong partnerships

with national and State-based

organisations, as well as collaborations

with our clients.

How we create social impact

46 Ventia Sustainability Report 2022

SOCIAL: PROGRESS AND PRIORITIES

DIVERSITY &
INCLUSION

Providing direct employment

to local communities and

under-represented groups

Value creation through our

supply chain

•Aboriginal and Torres Strait

Islander businesses

• Māori businesses

• Social and disability

enterprises

•Other diverse suppliers

OUR SOCIAL

IMPACT

COMMUNITY

ENGAGEMENT

INDIGENOUS

AND SOCIAL

PROCUREMENT

• Building local relationships

• Creating local opportunities

• Community grants and

sponsorships

•Volunteering and community

projects

Ventia Sustainability Report 2022 47

Diversity and inclusion
We celebrate and embrace diversity across our business –

diversity in background, heritage, age, gender, skills,

experience and thought. Every day we work across diverse

communities in Australia and New Zealand and it is important

that our workforce reflects this diversity to ensure we

understand the communities in which we operate. We know

that diversity and inclusion creates a wider talent pool and

reduces turnover, while bringing unique perspectives together

to increase innovation and enhance performance.


FINALIST

Diversity and Inclusion Award

Ventia Telecommunications team with partners,

Australian Spatial Analytics (ASA)

ACOMM

Awards

Disability employment

At Ventia we’re proud of our diverse

workforce and passionate about

providing opportunities for people with

disability as we continue to build a

culture of inclusion and opportunity.

In 2022, Ventia continued to increase

employment opportunities and support

the transition to employment for people

with disability across Australia and New

Zealand, as we seek to be recognised

as an employer of choice. On our NSW

Whole of Government contract we

now have over 150 employees with

disability in roles including helpdesk,

administration, data analysis and soft

services.

We have been able to successfully retain

employees with a disability through

a carefully managed performance

process, providing additional support if

an employee isn’t performing to ensure

we understand and actively help to

resolve any issues. The appointment of a

Disability and Social Inclusion Manager

has further facilitated and enhanced this,

and demonstrates the importance we

place on growing Ventia’s social impact

in this area.

We engage over 45 disability

employment services providers

across Australia, ranging from large

national providers through to smaller

organisations. Key

to Ventia’s success

in 2022 has been our engagement

with employer partner, JobAccess

and the rollout of disability awareness

training. With JobAccess’ support we

are enhancing the systems, processes,

policies and awareness that

support

disability employment across Ventia.

Our commitment has led to Ventia being

recognised in the disability employment

category of the 2022 Australian Human

Resources Institute (AHRI) Awards. We

are proud of the culture of inclusion and

opportunity we have created by tapping

into an often-overlooked talent pool,

bringing new ideas, unique skills and

thinking into our business.

WINNER

Disability Employment category

2022 Australian Human Resources Institute

(AHRI) Awards

48 Ventia Sustainability Report 2022

SOCIAL: PROGRESS AND PRIORITIES

CASE STUDY
NEW PARTNERSHIP PROPELS DISABILITY EMPLOYMENT AT VENTIA

At Ventia, we focus on people’s

abilities, rather than disabilities,

to ensure they have access to

meaningful careers and to help

break the cycle of disadvantage.

In 2022 we continued to expand

our disability employment

program and increase employment

opportunities for people with a

disability at our contracts across

Australia and New Zealand.

As we strive to become an employer

of choice for people with a disability,

we have established a 12-month

partnership with the Australian

Government’s JobAccess program.

The JobAccess program works with

large employers to drive disability

employment and build disability

confidence in the workplace. As one of

the largest essential service providers

in Australia, the JobAccess partnership

helps Ventia make a wide variety of

career opportunities accessible to

people with a disability across the

country.

By partnering with JobAccess, we tap

into specialised expertise, resources

and training, engage with a wider

talent pool, and support our goal to

have more people with a disability

bring their unique skills and abilities to

our business.

Our most significant activity this year

has been the delivery of disability

awareness training to our business,

with over 380 hiring managers

participating. Feedback suggests it

has opened managers’ eyes to what

is possible in recruiting people with

disability.

The training program has helped

garner support from leaders and

supervisors to drive diversity, find and

recruit employees with a disability,

and ensure these employees are

supported and find satisfaction in their

careers at Ventia. We upskilled more

than 15 people in our organisation to

deliver this training through a ‘train the

trainer’ session with JobAccess.

JobAccess’ detailed recommendations

are being implemented across

the business. For example, our

Communications team is focused on

improving external communication

and channels for vision impaired

people and updating training for

hearing impaired participants. Our

Safety team is scoping implementation

for adjustments to systems and

processes, while the Recruitment team

is ensuring our hire-to-retire process

supports engagement of people with

a

disability.

Partnerships with programs like

JobAccess foster Ventia’s ability to

create social value by providing direct

employment to local communities

and under-represented groups, and

are critical to delivering our diversity

action plans, which focus on pathways

into employment, recruitment and

retention.

Rebecca Teale and Amrita Ramjas are employed at Ventia’s Parramatta office.

Ventia Sustainability Report 2022 49

Veteran employment
Our national presence and decades

of service to the Australian Defence

Force (ADF) means we attract Veterans,

their spouses and civilians with family

connections to the military, who want to

continue some form of service to Ventia.

As a proud member of the Australian

Defence community, we are committed

to the employment and ongoing

support of our Defence Force Veterans,

Reservists, and their families past and

present.

We are a Platinum partner of Soldier

On,

a not-for-profit veteran support

organisation delivering a range of

services to enable Veterans and their

families to thrive. This partnership

supports our Veterans Employment

Program and commitment through

which we offer flexible short- and long-

term opportunities for career and skills

development of Defence personnel.

In collaboration with Soldier On, we

implement programs for Veterans and

Reservists to develop new skills and

capabilities to help them be successful

in the private sector.

The Ventia approach to Veteran support

and employment acknowledges that

Defence personnel have valuable,

mature technical and leadership skills,

which are valuable in Defence and other

industries such as Resources, Local

Government and Health. Veterans’ on-

base knowledge, combined with their

personal experience, helps Ventia to

ensure relevant, and focused support to

current Defence personnel.

We recognise that moving from military

life to civilian life can be challenging and

aim to provide a safe and supportive

transition. In collaboration with Defence

Family Support, Legacy and RSL we

support Veterans and families working

with Ventia to help with the cultural

and emotional challenges that come

with leaving Defence, career adjustment

and

relocation.

Along with alliance partners Soldier

On, RSL, 42 for 42, Legacy, Defence

Families Australia and the Department

of Veterans Affairs, Ventia proactively

connects with Veterans’ associations via

a Community of Practice (CoP). The CoP

operates at a national, State and Base

Services Area (BSA) local level, enabling

Ventia to work directly with members

to promote opportunities within the

Defence community and recruit greater

numbers of Veterans.

Veteran wins industry award

after career transition

Ventia’s Brisbane Motorway

Services’ Motorway Incident

Response Officer, Greg Cox BEM,

was recognised as the 2022

Australian Flexible Pavement

Association (AfPA) Queensland’s

‘Flexible Pavement Field Worker of

the Year’.

Greg is a military veteran who has

successfully transitioned to the

civilian workforce. As a member

of our Incident Response Team,

Greg

and the BMS team are

responsible for the safe passage

of over 320,000 Brisbane motorists

each day.

50 Ventia Sustainability Report 2022

Diversity and inclusion continued

SOCIAL: PROGRESS AND PRIORITIES

Refugees and asylum seekers
bring a world of experience to

Ventia

Ventia has a multi-year agreement

in place with social enterprise

CareerSeekers to help mid-career

refugees and asylum seekers overcome

the barriers they face when seeking to

recommence their careers in Australia.

Their programs also support university

students from a refugee background

to undertake internships during

their holiday breaks, giving them the

chance to link their studies to practical

experience and build relationships with

industry mentors. In 2022 Ventia offered

six CareerSeekers internships in our

business.

Throughout the year we participated in

a number of CareerSeekers Internship

Preparation programs, which aim to

help recently arrived refugees and

asylum seeker professionals understand

and prepare for Australian workplaces.

During this five-day program prospective

interns learn about the Australian job

market, job progression opportunities,

workplace culture, and how to

drive their careers, with interactive

discussions facilitated by volunteer table

moderators

from partner organisations

including Ventia.

Supporting kids who experience

social disadvantage

The Australian Business and Community

Network (ABCN) is a group of over 200

low socio-economic status schools and

43 leading businesses, working together

to address educational disadvantage in

Australia through structured workplace

mentoring and business/school

partnerships. Our dedicated corporate

mentors support the development of

students’ skills and mindsets, confidence

and aspirations, so they can achieve

more than they thought was possible.

In October 2022, we welcomed students

from Sunshine North Primary School

to our Melbourne office in Cremorne

as part of the ABCN STEMpreneur pilot

program.

Students presented ideas to their Ventia

corporate mentors on how their school

could be improved by using technology.

The many strong presentations included

ideas like a feedback robot for the school

canteen and a drone rubbish collector.

Rainbow Tick reflects an inclusive Ventia workplace in NZ

At Ventia we aim to provide a

supportive work environment that is

accepting of peoples’ differences to

benefit everyone in our organisation.

In 2022 Ventia in New Zealand

proudly received the Rainbow Tick

accreditation, after completing a

thorough diversity and inclusion

assessment process to test whether our

workplace understands and welcomes

sexual and gender diversity.

‘Rainbow’ refers to people who identify

as lesbian, gay, bisexual, transgender,

takatāpui and intersex (LGBTTQIA+)

and

the Rainbow Tick is a certification

mark which signals to employees,

customers and the wider world that

we

are a progressive, inclusive and

dynamic organisation and importantly,

that we reflect the communities in

which

we operate.

Maintaining this accreditation involves

an ongoing quality improvement

process and we will work closely with

Rainbow Tick to develop our strategy

to support continuous improvement.

Ventia Sustainability Report 2022 51

Diversity and inclusion
(gender)

We continue our work towards building gender balance

and equality in and for our workforce to enhance

diversity and inclusion of women at Ventia.

KEY STATISTICS

Female participation %

202220212020

30.2

30.9

29.7



1.2 percentage point

decrease from 2021

Female participation – ELT

22.2%


4.1 percentage point

increase from 2021

Female participation – WISM

20.3%


2.2 percentage point

increase from 2021

2022 Headcount by Gender and Level

1

Female% FemaleMale% MaleTotal

Directors342.9%457.1%7

Executive Leadership Team222.2%777.8%9

Women in Senior Management4420.3%17379.7%217

All employees4,65429.7%11,03370.3%15,687

1. Executive Leadership Team (ELT) is defined as the Group CEO and direct reports. Women in Senior Management (WISM) is aligned to Ventia’s Job Level Framework, an

externally evaluated methodology application considering role complexity and core job attributes such as impact, communication, innovation, knowledge and risk.

Workforce gender diversity

Male

70.3%

Female

29.7%

52 Ventia Sustainability Report 2022

SOCIAL: PROGRESS AND PRIORITIES



FINALIST

Jenny Gigliotti

Women in Defence Awards,

Technical Trade category

FINALIST

Margaret Aitken

Women in Contracting Award

Civil Contractors (New Zealand)

Northland Construction Awards

FINALIST

Raisa Rasul

Women in Digital Awards

Awards

Gender equality

We are a signatory to the HESTA 40:40

Vision to achieve gender balance (40%

women, 40% men and 20% any gender)

in our Ventia Executive Leadership Team

by 2030. This year we set interim targets

of 30% women in executive leadership

by 2023 and 35% by 2027. At the close

of 2022, 22.2% of the members of our

Executive Leadership Team were female

and 42.9% of Directors on the Ventia

Board were female.

As we work toward achieving the HESTA

40:40 Vision at Ventia, our emphasis on

employing more females at all levels

remains a key focus, and we continue

our commitment to increasing female

participation with targets of 40%

participation for Women in Senior

Management (WISM) and for the entire

Ventia Group.

During the year we undertook a review

of industry practice and applied further

rigour to how we identify WISM. We now

apply our Job Level Framework, which

reflects a truer representation of roles

with strategic leadership rather than

simply considering reporting levels in

relation to the CEO. Using this more

comprehensive and accurate method,

we have recalculated our end of 2021

participation position of WISM to 18.1%.

In 2022 participation of WISM at Ventia

has increased by 2.2 percentage points

to 20.3%. Across the entire workforce

female participation declined 1.2%

to 29.7%, while 32.5% of new hires

were

female.

Under the Workplace Gender Equality

Act (WGEA), reporting on behalf of

our Australian businesses, Ventia

is a ‘relevant employer’. Our most

recent ‘gender equality indicators’

are set out within Ventia’s Workplace

Gender Equality Report available at

www.wgea.gov.au.

We continue to drive and evolve our

female participation strategy, which sets

out initiatives to attract more, develop

more and retain more females across

all levels of our organisation to reach

our 40% target by 2030. Initiatives

within this strategy include deliberate

recruitment practices, the development

and promotion of female talent through

ongoing career conversations and talent

management and creating a safe, fit and

inclusive workplace where females feel

engaged and connected.

Aligning with our broader focus

on Diversity and Inclusion and our

commitment to being an employer of

choice, Ventia were a major sponsor of

the 2022 Diversity Council of Australia’s

Debate – Is it time to move on from

gender equality?

Pay equity

Ventia has a long-standing practice

that ensures remuneration for both

males and females remains competitive

and fair. Separate from the publicly

available WGEA annual submission,

which compares total average pay

between men and women, we undertake

comprehensive analysis through external

benchmarking of pay-related metrics by

gender for our salaried workforce (with

pay for Ventia’s non-salaried workforce

being governed by the various enterprise

agreements in place). This

is provided

to our leaders to support the

understanding and remediation of

gender pay variances during the

annual remuneration review process.

In

particular, this analysis considers

male and female pay in like-for-like roles

across the organisation compared to

market, as defined in Ventia’s structured

Job Level Framework.

The pay equity review in July 2022

highlighted that males and females in our

salaried workforce are paid consistently

with a small differential of 2.0%, which

will continue to be addressed in annual

remuneration reviews.

Ventia ELT:

Gender balance targets

Year Target

2023 30%

2027 35%

2030 40%

Ventia Sustainability Report 2022 53

CASE STUDY
A FRESH

PERSPECTIVE ON

ATTRACTING AND

RETAINING WOMEN

IN THE FIELD

Employees from across Ventia’s

Rig & Well Services business

visited remote work sites on

International Women’s Day this

year to gain a fresh perspective

on attracting and retaining

women in field-based roles.

A group of 17 Ventia women,

representing a diverse range of

typically office-based roles that

support our operational teams,

travelled to Moranbah and Surat in

Queensland to take part in gender

engagement discussions with our

clients and workforces.

The group met with female site

leaders including Alanna Spence,

a female Driller in our Rig & Well

Services business. Alanna joined

Ventia as an Offsider in 2018 before

becoming a Senior Offsider and

then a Driller in 2021 – she shared

her story and insights about how

she has succeeded in the resources

industry.

The visit was equally energising

for the site team as it was for

the visitors and seen as a great

opportunity to break the bias that

field work is too tough or not family-

friendly enough for women.

Our Rig & Well Services business

is committed to ensuring team

members in office-based roles visit

the field in coming months to share

insights into what Ventia could

do to better support women in

field-based roles. By seeking fresh

perspectives and feedback, we can

continue to identify opportunities

for change to ensure women in our

workforce are well supported in

their roles and set up for success.

ATTRACT MORE

Key partnerships drive targeted

attraction

Sustained relationships with external

partners remain a focus for Ventia

in attracting female candidates for

a diverse and inclusive workforce.

FlexCareers, Work180 and Working

Parents Connect are just some of our

partners that promote roles targeted

to attract a female demographic and

increase Ventia’s brand awareness

with females. Job advertising through

targeted job boards and publishing

posts and articles on social media also

supports this attraction practice.

Ensuring diversity and equality

in recruitment

To minimise gender bias when it comes

to attracting female candidates, we

continue to utilise gender decoding in

advertisements and a discipline of 50/50

gender targets for key leadership roles.

Over the past year we have increased

our use of social media for recruitment,

incorporating use of female and

culturally diverse imagery to encourage

and support diversity appeal in our

applications. Feedback from a survey of

candidates has resulted in streamlining

Ventia’s online application process to

make it more accessible and we continue

to work with our partners to ensure

we achieve the most diverse pool of

candidates possible for opportunities in

our business.

We have developed a company-wide

hiring manager training module, which

has a strong emphasis on gender

equality and diversity, which will be

rolled out across Ventia in 2023.

Online storytelling sets scene for

candidates

Telling the stories of our female leaders

and employees, and celebrating their

work and achievements via LinkedIn,

Facebook and ventia.com, sets the scene

for potential candidates and tells the

story of why Ventia is a great place for

females to work.

DEVELOP AND RETAIN

MORE

Building an internal marketplace

We are focused on building an internal

marketplace through continued open

conversations to better understand

team members’ career aspirations,

investing in training and development,

creating professional opportunities,

and improving the visibility of open

roles to all employees. We are also

working to enhance our onboarding

and exit experience using qualitative

survey insights, which will support

development, retention and attraction

strategies and tactics. 138

women

participated in Ventia’s core

development programs in 2022.

54 Ventia Sustainability Report 2022

SOCIAL: PROGRESS AND PRIORITIES

Diversity and inclusion (gender) continued

Women Leading program
For the second year running, Ventia

has partnered with Executive Central to

deliver a dynamic women’s leadership

program that builds heightened self-

awareness, and provides participants

with the chance to take a critical look at

their career, leadership and strengths

and to broaden their leadership impact.

In 2022, through a series of workshops,

surveys, guest speakers and fit-for-

purpose coaching, 29 high performing

females across Ventia had an

opportunity to:


discover the importance of working

from their unique strengths,


understand the value of career

planning,


explore the power of strategic

networking and strengthen their

connections with colleagues, and


identify ways to work collaboratively

across Ventia.

Graduate program

Over the past two years Ventia have

ensured that 60% or nine of the 15 team

members on the centralised graduate

program were female with a further

effort to ensure that at least five of those

nine originated from an educational

background in civil, mechanical,

electrical or environmental engineering.

When choosing rotations for our

female graduates we ensure placement

within an area of the business that is

traditionally male dominated and there

is a focused effort to increase female

participation. In 2022 we had seven

female graduates and five of them were

graduate engineers.

Training to support a respectful

workplace

In 2022 we launched our Respect@Work

(sexual harassment) e-learning training

package, which was completed by 4,321

employees. Respect@Work training will

be rolled out business-wide in 2023.

We also piloted a behavioural training

module on inclusive leadership in Ventia

Transport with plans to scale it across

the business.

Building a highly skilled and

gender balanced workforce in

engineering and IT

We partnered with Engineers Australia

to provide engineering professionals

with globally recognised, chartered

credentials through their engineering

workforce credentialling program. The

credentials are based on international

engineering education and competency

standards and eight female engineers

participated in the program in 2022, 10%

of the overall cohort.

Ventia continued our long-term

commitment to gender diversity in

engineering and information technology

(IT) in Australia through our sponsorship

of a four-year scholarship program

at the University of Sydney, which

began in 2020. The program aims to

attract, develop and retain women

in the fields of engineering and IT,

and incorporates financial support,

industry experience, mentoring and

networking opportunities. For six

months of the year we host a female

engineering undergraduate to undertake

an internship in a part of the Ventia

business that relates to their degree.

Connecting women across Ventia

Ventia has a number of networking

programs which provide female

employees great opportunities to

connect across the business, such as

our Women’s network, NZConnect and

within our Finance Academy.

HousingConnect is a structured internal

mentoring program created in 2021 by

Commercial Manager, Laura Jasiulec,

to connect women working on Ventia’s

social housing contract with female

leaders from across the business. The

program has since expanded beyond

Housing to include keen participants

and mentors from other teams across

the Ventia business, such as local

government, property, legal and SHEQ.

Each month mentors and mentees

meet in person or online, supported

by a content calendar that suggests

session topics relevant to women or

challenges flagged by mentees. The

HousingConnect program grew from

having 32 participants in 2021, to 52 in

2022, with over 250 hours of mentoring

scheduled for the year. Four ‘Levelling-

up’ personal development sessions

were held with Skout Solutions on

topics including difficult conversations

and preparing for your next role, and

over 100 participants and special guests

including subcontractors and clients

attended the annual Women Who Lead

Forum. The program’s success was most

evident when no less than seven female

participants were elevated through

internal promotions.

Participants at a Ventia Women Leading event.

Ventia Sustainability Report 2022 55

Diversity and inclusion
(Aboriginal and

We focus on delivering initiatives that support the aims of

our Reconciliation Action Plan (RAP) to develop pathways

for recruitment, employment and retention, and to create

respectful and inclusive workplaces.


WINNER

Donna Dai

2022 LOGIT Australia-IPWEA

Indigenous Scholarship in Asset

Management

WINNER

Eddie Clarke (TRACE)

Austin Asche

‘Apprentice of the Year’

Awards

4.8%

Aboriginal and Torres Strait

Islander employment

Our Reconciliation Action Plan

Ventia’s Reconciliation Action Plan (RAP)

and initiatives reflect the continuing

passion we have for participating

actively in the process of reconciliation

and respectful engagement with

Aboriginal and Torres Strait Islander

people across Australia. Ventia’s current

RAP is recognised by Reconciliation

Australia (RA) as an ‘Elevate’ RAP.

Throughout 2022 we worked on our

fifth RAP and went through RA’s RAP

application process. We have been

invited to develop a Stretch RAP, which

we expect will be launched in Q2, 2023.

Our Indigenous Advisory Board and

our five Regional Steering Committees

continued their progress and

engagement in 2022, working to ensure

that our RAP commitments are being

met and reported on.

We continued to work with our national

partners such as CareerTrackers and

Supply Nation throughout 2022 to

create pathways for young people and

Aboriginal and Torres Strait Islander

businesses. Our contract teams

continued to engage on a local level

with key Aboriginal and Torres Strait

Islander stakeholders to create local

opportunities across employment and

procurement as well as ensuring we

deliver our services considering cultural

needs and considerations, with a strong

focus on cultural heritage.

Torres Strait Islander)

56 Ventia Sustainability Report 2022

SOCIAL: PROGRESS AND PRIORITIES

Refreshing our Indigenous
Relations Policy

We reviewed our Indigenous Relations

Policy based on research and

consultation with key stakeholders

(including Aboriginal and Torres Strait

Islander people and Māori) in Australia

and New Zealand.

Meetings were held with representatives

from the First Nations Event Committee

(Australian) and the Hui a Marama –

Te

Roopu Whakahaere a Te Ara o Rehua

(New Zealand). These discussions were

then further informed by the policies

and approaches of other ASX-listed

companies, plus other Elevate and

Stretch RAPs.

The narrative in our Indigenous Relations

Policy now reflects current issues and

considerations in relation to Indigenous

engagement, and the language used

is more empowering with a focus on

creating a positive impact. While the

title

of the Policy remains the same,

we will no longer refer to ‘Indigenous’

within the Policy, instead referring to

Aboriginal and Torres Strait Islander

people and Māori.

CASE STUDY

STEPPING UP TO GIVE ABORIGINAL YOUTH

A SECOND CHANCE

Young Aboriginal adults in

Victoria are provided the

opportunity to gain valuable

work experience with Ventia’s

Mornington Peninsula Shire

Facilities Management (FM)

contract before re-entering

their communities following

rehabilitation.

Bunjilwarra Koori youth alcohol

and drug healing service is a 12-bed

alcohol and other drugs residential

rehabilitation and healing service

for Aboriginal young people aged

between 16 and 25. It is a purpose-

built Statewide service situated on

1.7

hectares in Hastings, Victoria.

The Bunjilwarra service model

is firmly placed in context of the

Aboriginal-defined notion of

healing and in a cultural framework;

supported by trauma-informed

practice, adolescent developmental

frameworks, therapeutic community

and recovery frameworks.

There are three stages to the

Bunjilwarra rehabilitation process

and in the third stage the service

likes residents to undertake work

experience. Residents interested in

work like fire management, brush

cutting, mowing and bushland

maintenance are employed on labour

hire contracts through Ventia’s talent

engagement business.

Ventia’s size, scope and breadth

of roles position us to work well

with organisations like Bunjilwarra,

giving young men and women a

chance to learn new skills, and

potentially discover a passion for

conservation and land management,

that can lead

to new directions,

apprenticeships and traineeships or

permanent employment.

Through the partnership with

Bunjilwarra, over a six-month period

in 2022 the Mornington Peninsula

Shire FM contract team supported

six participants, and the program is

slowly growing with

the potential for

Bunjilwarra residents to work with

other Ventia teams across Victoria.

Participants from Bunjilwarra Koori youth alcohol and drug healing service completing

work experience on Ventia’s Mornington Peninsula Shire Facilities Management (FM) contract.

Ventia Sustainability Report 2022 57

58 Ventia Sustainability Report 2022
SOCIAL: PROGRESS AND PRIORITIES

Diversity and inclusion

(Aboriginal and Torres Strait Islander) continued

CASE STUDY

COMMUNITY CUPS BATTLE HEATS UP THE FIGHT FOR EQUAL

OPPORTUNITY

In 2022, Ventia proudly received

an award from Port Adelaide

Football Club in recognition of

our partnership, which provides

an important pathway for

engagement with local Aboriginal

and Torres Strait Islander students,

helping to keep them in school,

and enabling us to learn about

their community and discover

more about how we can contribute

to reconciliation.

Ventia first began working with Power

Community Ltd, the not-for-profit

charity arm of the Port Adelaide

Football Club, in 2011 as part of our

commitment to provide mentoring

and meaningful career opportunities

for Indigenous Australians.

This includes an annual flagship event,

the Santos Aboriginal Power Cup,

which we have sponsored for the past

11


ye

ars. Now in its 15th year, the Power

Cup is an education-based program

that uses an Australian Rules football

competition held over several days to

engage Aboriginal and Torres Strait

Islander secondary school students.

Other event activities include a careers

expo where First Nations students can

meet prospective employers and hear

about work opportunities, and the

Aboriginal Leadership Forum held at

Flinders University, where our team

members talk about their professional

journeys with Ventia. The program

has made a difference to student

participation at school as well as

helping to improve grades.

A second Santos Aboriginal Power

Cup was held in September 2022 for

students from the Eyre Peninsula

who were unable to attend the

Adelaide event in May. About 100

students participated in the second

event at Mallee Park Football Club in

Port

Lincoln.

Our award, a team guernsey signed

by all Port Adelaide players from

the 2022 season, was accepted by

Ventia’s TRECCA team, our dedicated

Indigenous recruitment and mentoring

division designed to identify Aboriginal

and Torres Strait Islander candidates

for roles right across Australia.

Ventia was also proud to be a gold

sponsor of the Bennelong Cup,

organised by Bennelong Energy

Services in New South Wales and

now in its fifth year, which supports

Indigenous students transitioning from

school to work.

Ventia is committed to helping close

the gap for Australians from Aboriginal

or Torres Strait Islander backgrounds.

Supporting the Bennelong Cup has

enabled us to work with organisations

that have established connections to

Aboriginal and Torres Strait Islander

young people who are seeking career

opportunities and may see Ventia as

a

prospective employer.

Aboriginal and Torres Strait Islander employment and retention

We capture our Aboriginal and Torres

Strait Islander employment numbers

through a diversity survey. Our survey

identified that 4.8% of our employees in

Australia are Aboriginal and Torres Strait

Islander. In 2022 we hired 373 new team

members of Aboriginal and Torres Strait

Islander descent with the support of our

TRECCA

team.

Our TRECCA Indigenous employment

team achieved significant success across

a number of our contracts through a

specific employment program engaging

with key stakeholders and initiatives,

allowing for Aboriginal and Torres Strait

Islander people to be employed on

our

contracts.

Whilst our Aboriginal and Torres Strait

Islander employment outcomes

have been successful and targets are

being met, we understand that not

all applications have progressed into

employment and that further efforts

need to be embedded in relation to

retaining our Aboriginal and Torres

Strait Islander employees. Our next RAP

will include detailed steps to address

this through our broader hire-to-retire

actions enabling better opportunities

for Aboriginal and Torres Strait

Islander

people.

Members of Ventia’s Deadly Network.
Ventia Sustainability Report 2022 59

Preparing Aboriginal and

Torres Strait Islander jobseekers

for employment

In the Northern Territory 42 Aboriginal and

Torres Strait Islander jobseekers completed

a pre-employment program launched

for Ventia’s Defence Base Services (DBS)

contract. Equipping these jobseekers with

hospitality and catering skills, the program

has seen almost 80.0% of the graduates

accept positions in Darwin.

The pre-employment program, which

offers a practical component, saw

participants gain work experience in

Defence production kitchens, familiarising

themselves with the unique hospitality

environment that they would work in.

Targeting apprenticeships to

develop engineering talent

Johnson Controls and Ventia are part of a

joint venture called Venture Smart, on the

Statewide Electrical Infrastructure Services

contract for our client, Main Roads

Western Australia.

Venture Smart have a strong focus on

developing young engineering talent

and this year onboarded 10 apprentices

including four women and four Aboriginal

people, plus trainees of various ages and

employment backgrounds.

The contract had a target of 3.0% direct

Indigenous employment and in 2022

achieved 16.8% for their field-based

staff. To

get school kids interested in

undertaking apprenticeships, the Venture

Smart team engage with the local

community and schools, and attend

events such as career expos.

Deadly Network drives Aboriginal and Torres Strait Islander

empowerment

The Deadly Network is a program led

and developed by a group of passionate

Ventia leaders, supervisors and members

of our TRECCA employment team in the

Northern Territory.

The program has a number of elements,

but is ultimately designed to provide a

support mechanism at Ventia to build

and empower Aboriginal and Torres

Strait Islander team members in their

roles and increase Aboriginal and Torres

Strait Islander workforce engagement.

It also enables these team members to

build professional relationships with

stakeholders across Ventia’s operations

to encourage career advancement and

leadership opportunities.

The Deadly Network has set out to

educate our wider workforce on the

diversity of Aboriginal and Torres Strait

Islander history and culture and what it

means for an inclusive workplace, and

will encourage the wider Ventia team to

participate in regular events throughout

the year that celebrate Indigenous culture.

Ventia Managing Director and Group CEO, Dean Banks
participated in a cultural ceremony in the Northern Territory.

60 Ventia Sustainability Report 2022

SOCIAL: PROGRESS AND PRIORITIES

Cultural Awareness training

We also continued to rollout cultural

awareness training in 2022, which

is compulsory at onboarding for all

employees, as well as on-country

training and senior management

training. In Western Australia senior

leaders participated in a two-day training

program facilitated by Indigenous

Consulting Group. This

training will

be rolled out in New South Wales and

Victoria in early 2023.

Ventia Telecommunications also

continued to run cultural awareness

training this year. Proud Gunai man,

Richard Young, and his family have been

leading this cultural awareness journey

with Ventia since 2017, holding the

intensive and intimate sessions for small

groups of Ventia employees at their own

home in Warrandyte, Victoria.

The sessions are a combination of

building understanding about the

experiences of Aboriginal and Torres

Strait Islander people and the challenges

they have faced and continue to face,

then helping people to understand and

share their own individual stories. A key

feature of the sessions is the creation

of artistic pieces that help participants

deeply consider their own journeys and

how they relate to other people.

Our Telecommunications team and the

wider Ventia business continues to be

appreciative of the opportunity to work

with Richard Young and his family as we

build deeper awareness and connection

with our local Aboriginal and Torres

Strait Islander communities.

Get Up! Stand Up! Show Up!

Celebrating NAIDOC week and

recognising the history, culture and

achievements of our First Nations

people across Australia 3-10 July,

we reflected on the importance

of community engagement,

encouraging Aboriginal and

Torres Strait Islander employment

at all levels and engaging with local

Aboriginal and Torres Strait Islander

businesses. This year’s theme was

‘Get Up! Stand Up! Show

Up!’

Diversity and inclusion

(Aboriginal and Torres Strait Islander) continued

Spend with Aboriginal and
Torres Strait Islander

businesses in Australia ($m)

54.9

83.9

202220212020

107.3

27.8%


Increase from 2021,

3.1% of total spend

Spend with social enterprises

in Australia ($m)

8.5

10.9

20222020

11.3

2021

3.6%


Increase from 2021

Procurement with Aboriginal and Torres Strait Islander businesses

We are proud of our Indigenous

procurement approach, which has

resulted in an increased procurement

spend with an increased number of

Aboriginal and Torres Strait Islander

businesses year-on-year. Our holistic

approach to engagement has seen us

leverage our membership of Supply

Nation (Ventia are a founding member)

as part of their leadership roundtable,

where members share supplier diversity

experiences and provide guidance to

other corporate partners. Ventia also

engaged with other Aboriginal and

Torres Strait Islander business support

groups, including State-based and

local Chambers of Commerce (such as

Kinaway in Victoria).

In 2022, we became an inaugural Silver

Impact Prospectus partner with the

Northern Territory Indigenous Business

Network. Investment with this Northern

Territory-recognised Indigenous peak

body will strengthen the collaboration,

contribute to financial independence

and unlock opportunities for further

introductions across the country as part

of the National Black Chamber initiative

endorsed by the Federal Government.

Our spend with Aboriginal and Torres

Strait Islander suppliers increased from

$83.9

million in 2021 to $107.3 million

spent with 165 verified Indigenous

suppliers in 2022. This represents

significant growth from just 50 suppliers

in 2019, 23.0% more than in 2021, and

now represents approximately 3.1% of

our total spend.

During the term of our current RAP, our

engagement approach with Aboriginal

and Torres Strait Islander suppliers has

matured and we sought to transition

from one-off Purchase Orders to

contracts where possible.

Engaging with our Aboriginal and Torres

Strait Islander suppliers under a contract

enables them to make longer-term

strategic and investment decisions for

their businesses as they have assurance

of income and engagement, which

cannot be achieved through ad-hoc and

one-off purchases.

Our next RAP will include targets

around percentage of total spend with

Aboriginal and Torres Strait Islander

businesses as well as the number of

businesses we will engage. Work on our

2023-2025 Stretch RAP is underway. One

aim will be to embed social procurement

in our new strategy so that success

will be less reliant on the passion of

individual people and driven by the

collective focus of the Group.


Awards

WINNER

National Game Changer

Award, Queensland/

Northern Territory

Ventia Telecommunications

and partner Australian Spatial

Analytics (ASA)

Social Traders

Ventia Sustainability Report 2022 61

Indigenous and social

procurement

We seek meaningful engagement with a diverse range of

Indigenous and social enterprises with a focus on creating

sustained opportunities that support long-term growth.

CASE STUDY
DRIVING ABORIGINAL PARTICIPATION THROUGH FOCUSED

COLLABORATION

Ventia have provided incident

response and maintenance services

to Transurban for the 3.6km Lane

Cove Tunnel (LCT) and 21km Hills

M2 Motorway connecting Sydney’s

lower north shore and north-west

regions, since July 2018, and will

commence a two-year contract

extension in July 2023.

Ventia and Transurban share a keen

focus on delivering sustainable

outcomes and have collaborated

on key initiatives through our joint

Sustainability Governance Group

(SGG), such as waste reduction

initiatives to keep communities clean,

and the Infrastructure Sustainability

Council’s rating certification process,

which


r

esulted in an ‘Excellent’

Operations rating.

In 2022 Ventia and Transurban set out

to support Aboriginal participation on

their motorways via a shared value

project model (solving social issues

collaboratively). The initiative was

borne by the Ventia/Transurban SGG

to increase diversity and deliver social

impact through a combined effort.

The intent was to engage a social

enterprise and, with the assistance

of Apricot Consulting, identify an

organisation with a desire to grow into

a new sector.

Muru Mittigar is a social enterprise that

seeks to create a better understanding

of Aboriginal culture in the wider

community; to create new jobs;

develop workplace skills through

training; and increase sustained

employment opportunities for

Indigenous Australians.

We engaged with Muru Mittigar

to identify and provide Aboriginal

apprentices to undertake landscaping

services on the Lane Cove Tunnel

and Hills M2 Motorway. In March

2022 the program commenced and

we welcomed two apprentices at

a traditional Aboriginal smoking

ceremony. Anton Sullivan and Leroy

Brown are currently undertaking

their apprenticeships with Ventia.

The

apprentices attend TAFE and

receive weekly mentoring from Ventia

staff, as well as financial mentoring

through Muru Mittigar.

The program is rewarding for the

Ventia team who enjoy mentoring

and are proud to give the apprentices

a great career opportunity, while the

motorways offer a challenging and

dynamic learning environment for the

apprentices.

Ventia and the ADF expand

engagement with local

Indigenous-owned business

CollNT Pty Ltd is a 100% Aboriginal-

owned company, which has been

providing support to Ventia on our

Defence Base Services (DBS) contracts

with the Australian Defence Force (ADF)

for five years.

One of several Aboriginal businesses

supporting our DBS contracts, CollNT

offers a wide range of estate upkeep

services across Defence bases in

the Northern Territory including

carpentry, electrical, mechanical,

painting, refrigeration and landscaping,

delivered by a versatile, multi-skilled

team of experts. Their focus on

excellent service through standardised

systems, innovative ideas, reliable best

practice methods and transparent

communication has seen Ventia’s

engagement with CollNT expand in

2022

to support our Defence Fuel

Services contract.

Anton Sullivan and Leroy Brown are currently

undertaking apprenticeships with Ventia.

62 Ventia Sustainability Report 2022

Indigenous and social procurement continued

SOCIAL: PROGRESS AND PRIORITIES

CASE STUDY
VENTURE SMART TARGETS SUPPORT FOR

INDIGENOUS BUSINESS

Ventia’s commitment to

progressing reconciliation

through the engagement of

local Aboriginal and Torres

Strait Islander communities

and enterprises is evident

on the Statewide Electrical

Infrastructure Services contract

where we work with Johnson

Controls as part of a joint venture

called Venture Smart for client

Main Roads Western Australia.

The team delivers critical work for

all Main Roads WA’s electrical assets

across the State and they lead the

way when it comes to diversity,

and putting people at the heart of

business.

Venture Smart’s proud track record

starts with their approach of ‘buy

local, live local’, which also applies to

Aboriginal and Torres Strait Islander

participation and creating new jobs.

The team are determined to make

a positive contribution to the WA

community and economy.

While they exceed set targets for

direct Aboriginal and Torres Strait

Islander employment, their focus is

much wider – opportunities are also

identified in the supply chain and in

ways they can support Indigenous

start-ups. Venture Smart was the first

contract to engage and support Rioli

Traffic Management, who now work

on most of Venture Smart’s major

traffic management jobs.

Ben Rioli, 28, is from the famous Rioli

Aboriginal family who have played

in both the Australian and West

Australian football leagues. A semi-

professional player himself, Ben has

recently turned his talents to running

his traffic management business.

He

got into traffic management

after meeting the Managing Director

of Advanced Traffic Management

(ATM), a South Fremantle sponsor

and contractor for Venture Smart.

Venture Smart committed to provide

Ben with

the work he needed to build

a viable business.

Traditional know-how

solving a modern problem

As Indigenous Business Month

drew to a close in October 2022

with the theme being ACTIONS

TODAY, IMPACT TOMORROW,

we proudly reflected on our

partnership with Aboriginal

business Tracks in the Sand, who

use traditional knowledge and

practices to control wild dogs,

saving the lives of countless

native animals on Department of

Defence bases.

At Ventia, we recognise

Indigenous knowledge has a

lot to offer organisations with a

culture of listening, learning and

understanding to solve complex

problems.

Founded by Ronald Boland

in 2019, Tracks in the Sand

employs traditional techniques

and an intimate knowledge of

landscapes and their fauna to

control wild dogs without the

use of chemical baits. The wholly

Aboriginal-owned company also

provides local Indigenous young

people with career and training

opportunities and a stronger

connection with land and culture.

Making it easy for small, medium and Aboriginal and Torres Strait

Islander enterprises to grow

Ventia were recognised at the 2022

Australian Defence Industry Awards by

the Australian Industry Capability (AIC)

program as a finalist for ‘Champion of

the Year’. This award acknowledges

Ventia for making it easy for small,

medium and Aboriginal and Torres

Strait Islander enterprises to grow and

be embedded into the Defence industry

in a holistically integrated model,

driving customer excellence, safety, and

collaborative values and behaviours.

As one of the largest providers of

Defence estate maintenance and

support services, we have made a

focused effort to grow our Aboriginal

and Torres Strait Islander, and small and

medium enterprise (SME), numbers and

engagement.

Ventia Sustainability Report 2022 63

Social enterprise engagement
We work with social enterprises,

charities and not-for-profit organisations

providing opportunities to supply Ventia

in a sustainable manner and to stimulate

local economies. Working closely

with Social Traders and 34 suppliers

throughout 2022, we partnered with

social enterprises on their missions

to support local community needs,

disadvantaged and marginalised groups

such as the long-term unemployed,

people with disabilities, prisoners and

ex-offenders, and create a positive

impact through our social procurement.

In 2022 we spent $11.3 million with

social enterprises in

Australia.

A fair go for Veteran-owned

enterprises

Ventia’s ongoing commitment to Veteran

employment extends to engagement

and development of Veteran-owned

enterprises delivering Living and

Working services to Defence.

All procurement activities include a list

of certified Australian Veteran-owned

businesses and businesses that have an

active Veterans Employment pledge on

websites such as AVOB.org.au, to ensure

Veteran-owned businesses participate in

market engagement activities for work

on Defence Bases.

CASE STUDY

AWARDS RECOGNISE

GROWING VALUE OF

NEURODIVERSITY

PARTNERSHIP

Working behind the scenes at

Ventia is a growing team of

neurodiverse spatial analysts

thanks to our expanding

partnership with Australian

Spatial

Analytics (ASA).

ASA is a registered not-for profit

social enterprise working to change

employment outcomes for young

people with autism, who have distinct

cognitive talents. The spatial analytics

field is well suited to the ASA team

who are faster and more precise at

data processing, with strong attention

to detail.

Ventia first partnered with ASA in

2021, employing spatial analysts

on telecommunications projects.

This

work has since grown to include

more of the telecommunications

design process and we are currently

funding a designer to upskill the

ASA team, increasing their design

competency and capacity to do more

work with us.

In 2022 we committed to furthering

our partnership with an enterprise-

wide agreement, enabling ASA to

widen their impact and work across

all Ventia sectors. Within

Ventia

Telecommunications, ASA will support

three contracts with NBN and Telstra,

while opportunities across Defence

and Social Infrastructure sectors are

being explored.

Ventia’s engagement with ASA

continues to grow and we recently

committed to having 25 neurodiverse

employees working on Ventia projects

through ASA by mid 2023. A new

Centre of Excellence in Cairns is also

now open and operational, employing

local neurodiverse and Torres Strait

Islander people.

Our partnership was recognised by

Social Traders in the 2022 National

Game Changer Awards for our

commitment to social enterprise and

social procurement. Named as the

regional winner for Queensland and

the Northern Territory, we then went

on to receive the national award,

announced at the Social Enterprise

World Forum in September. Ventia and

ASA were also finalists for the 2022

ACOMM Diversity and Inclusion Award.

Through expanded engagement with

ASA, Ventia will provide meaningful

employment and positively impact the

lives of young neurodiverse people,

while gaining access to individuals

with unique abilities, specifically

beneficial to the work we do.

64 Ventia Sustainability Report 2022

Indigenous and social procurement continued

SOCIAL: PROGRESS AND PRIORITIES

Ventia Sustainability Report 2022 65
The Te Ara o Rehua working party

To support our social sustainability

objectives, engagement with Māori

people of Aotearoa me Te Waiponamu is

led through the Te Ara o Rehua working

party in New Zealand. Te Ara o Rehua

is aligned with Māori values and the

responsibilities set out in the 1840 Tiriti

o Waitangi (The Treaty of Waitangi) for

partnership between the Crown and

Māori, such as participation in decision

making and protection of culture,

customs and taonga.

Te Roopu Whakahaere a Te Ara o

Rehua is comprised of 12 employees

(also known as Roopu) from across

our New Zealand business and is

equally respectful and representative

of all Ventia people. Formed in 2021 to

introduce aspects of Te Ao Māori (the

Māori World) into the Ventia workplace,

our working party is tasked to determine

strategies and initiatives to encourage

and enhance Māori participation and

build cultural capability within Ventia.

Guided by Tikanga (Māori practices)

Te Ara o Rehua aims to create

understanding and foster positive

relationships both through collaboration

internally throughout our business

and externally with local communities,

clients and other stakeholders.

Through his role as Kaitohutohu Māori

(Strategic Relationships Advisor – Māori)

Ricky Dean Wairehu Steedman supports

the growth of Hapori (community),

Iwi (tribe) and Whanau (families) as

he works to embed the values and

principles of Te Ara o Rehua.

In 2022, we developed a roadmap

that outlines how the working party

will achieve its goals, including a

range of focus areas such as the pilot

and delivery of a cultural awareness

program, building relationships with

Māori businesses, coordinating events

like Waitangi Day, Matariki and Maori

language week, and improving how

we track and report procurement and

growth outcomes for our business.


THIRD

Most attractive place to

work in New Zealand 2022

More than 4,000 members of the

public responded to the survey, rating

Ventia highly for being financially

healthy, offering interesting job

content and fostering a pleasant

work atmosphere.

Randstad annual employment

survey

Awards

Diversity and inclusion

(Aotearoa me Te Waipounamu)

For Māori sustainability, the environmental value of Kaitiakitanga

(guardianship), the social value of Manakitanga (caring) and the

governance value of Tikanga (doing the right thing) often means

prioritisation and consideration of environmental, social and governance

aspects at the forefront of projects and business decision making.

Te Roopu Whakahaere a ‘Te Ara o Rehua’

















  



 





CASE STUDY
CULTURAL SUPPORT RECOGNISED FOR DRIVING PROGRESS

Te Hõnonga a Iwi, Rosedale Park

Restoration project, is a five-year

community initiative to create

positive changes in the ecological

wellbeing of a significant

ecological area within the 4,000m

2


Rosedale Park site.

When approached for support, team

members from Ventia’s Auckland

Council contract honored Te Tiriti o

Waitangi (Treaty of Waitangi) principles

and practices and mana whenua

(Māori people) by embracing the

concept of Kaitiakitanga (protection

of the environment) and offering their

time and experience to the project

to ensure positive community and

environmental outcomes. In addition

to working with mana whenua, this

restoration project is intergenerational,

and inclusive of community members

managing neurodiversity and mixed

abilities.

The project has inspired the

community to recognise the need to

take ecological responsibility and work

towards mitigating climate change

to improve the wellbeing of the local

environment in order for local people

to be and stay well.

Ventia Kaitohutohu Māori, Ricky

Dean Wairehu Steedman, spoke with

members of the Kaipara Iwi regarding

the project. He liaised with local

Kaumatua, Tracy Davis, to understand

mana whenua expectations and

supported the project team to

achieve

them.

Ventia supplies and transports

recycled water for irrigation and

management of feedstock sourced

from Watercare and also provided

assistance to procure onsite bulk water

storage containers. We openly share

our environmental knowledge, offering

guidance where appropriate.

The restoration model, underpinned

by Te Tiriti o Waitangi, enables the

development of greater social equity,

placing mana whenua as a central

stakeholder and primary partner

within the project.

66 Ventia Sustainability Report 2022

SOCIAL: PROGRESS AND PRIORITIES

Diversity and inclusion (Aotearoa me Te Waipounamu)

continued

Māori employment

Results of Ventia’s employee

engagement survey in early 2022,

to understand our current Māori

employment and cultural capability,

revealed that 345 (20%) of the 1,706 New

Zealand employees who completed

the survey identified as Māori. Initial

learnings from survey responses will

be reviewed and compared in the next

survey planned for early 2023.

Our leaders at our Ventia Far North

Transport business work to ensure

they employ people who represent

the communities in which they work.

Currently over 70.0% of our Far North

employees are Māori or of Māori or

Pasifika descent.

Local twin sisters, Danika and Paris

Rewiri from Waima, began working with

Ventia in November 2021 as operator/

labourers. Danika and Paris have since

become accomplished traffic controllers

and gained experience as roller drivers.

Paris has now obtained her wheels,

tracks and roller licences and is regularly

operating a roller on Ventia maintenance

sites, while Danika’s skills as a traffic

controller are well recognised and she

plans to attain her wheels, tracks and

roller licences in coming months.

Celebrating events of
cultural significance

In 2022, we were whakakake

(proud) to mark three events of

cultural significance to Māori that

celebrate the heritage and culture

of Aotearoa.


Waitangi or Treaty Day,

nationally on 6 February.


Matariki, a successful week of

events to welcome the Māori

new year on 14 July, with a

celebration of food, singing

and traditional practices, as the

star cluster known as Pleiades

rises 440 light years away.

2022

was the first year that

all New Zealand celebrated

Matariki as an official public

holiday.


Te Wiki o Te Reo, celebrating

Māori Language Week in

September, supporting

education and awareness of

the Māori language.

The Ventia team celebrates Matariki at Puketona quarry.

Ventia Sustainability Report 2022 67

Developing cultural awareness

In 2022, we developed an online cultural

awareness module for New Zealand

staff across all Ventia Sectors. Piloted in

December with a targeted cross-section

of employees working at all levels of

the organisation, the module aims to

increase awareness of Māori culture

and increase the cultural capability of

our

people.

The module covers grassroots Māori

values and culture, learning Wananga

(traditions and customs) and Tikanga

(behaviours and practices) aligned to

Ventia’s values. The module will be

followed by a one-day Marae-based

Wananga on cultural and historical

traditions, which includes Te Tiriti or

the Treaty of Waitangi, the founding

document, Matariki marking the Māori

new year, and Te Reo (Māori language)

pronunciation and use of common Te

Reo words and phrases.

We will deliver the program more

broadly

across our New Zealand

business in 2023.

Improving relationships and

reporting

We are a member of Amotai and

Akina, through Māori and Pasifika

Trades Training (MPTT). Engagements

undertaken this year have included

attending monthly Akina Teams

sessions, utilising the valuable

information and contacts that Amotai,

Akina and MPTT provide to identify

specific opportunities to support the

advancement of Māori businesses and

social enterprises in New

Zealand.

We will track our contact and

progress building key relationships

and networking on a quarterly basis,

such as through the MPTT Consortia

partnerships initiative with MIT, Unitec,

KAEA and The Southern Initiative (TSI) by

Auckland Council.

We are also working to improve how

we track and report progress and

growth outcomes of our partnering and

procurement with Māori businesses.

Our 2022 spend with Māori suppliers

was $3.7

million. Through improved

tracking and reporting moving forward,

engagement is expected to rise

significantly, as there are still businesses

we are working with that we have not yet

identified as Māori but who are at least

50% Māori-owned or employ over 50%

Māori staff.

We will continue to invest time building

our strategic relationships with Iwi,

Whanau, Hapori and businesses in 2023.

Engaging with our communities
Supporting and engaging with the communities in which we

work is core to our purpose and woven throughout every

facet of the work we do and how we do it.

Communities are instrumental to our business and the way we work

We deliver the essential telecommunications services communities rely on to stay connected. We help prepare communities for

exciting events, and help them recover from the damage caused by adverse weather and natural disasters. We maintain the assets

and infrastructure communities need to live day-to-day, like utilities, water, roads and transport. And we work with specialised

communities like Defence Bases and disadvantaged communities to provide services, such as social housing.

At Ventia, we set out to enable, build and grow the communities in which we work, supporting local people and local economies

to ensure our impact is positive and our legacy is lasting.

Community engagement

We support our communities through

our partnerships and our grants program

providing in-kind and financial support.

Our local teams support fundraisers and

events. We build enduring relationships

and approach our work with respect for

local people, land and environment, and

the traditions that came before us.

We do this not only because is it the right

thing to do, but because it means there

will be healthy, thriving communities for

generations to come.

Our Mornington Peninsula Shire contract supports Funky Farm

With the support of our client

Mornington Peninsula Shire, the Ventia

team are proud to support local business

Funky Farm at Hastings in Victoria,

providing mulch and gum leaves for the

sanctuary’s use to feed to

koalas.

Funky Farm is home to approximately

250 animals, and works closely with local

adults and children who have special

needs, but is also open to the public.

Our partnership began over five years

ago after Farm owner, Chris, saw a Ventia

team mulching up tree branches on the

side of the road after they were removed

to ensure the safety of power lines, and

he asked if he could take the mulch to

use at the Farm.

The gesture of receiving gum leaves and

mulch from Ventia’s Arboriculture tree

crew saves the Funky Farm between

three and six hours each week, and helps

local wildlife carers who are busy looking

after injured native animals.


FINALIST

‘Customer Service Project of the Year’

For the Community Battery project;

Ventia Telecommunications with partners,

Yarra Valley Foundation and Pixii

Customer Service Institute of Australia (CSIA) Awards

FINALIST

Top End Business Excellence Awards 2022

Ventia NT Defence team

Excellence in Business in Community Collaboration and

Corporate Social Responsibility

Awards

68 Ventia Sustainability Report 2022

SOCIAL: PROGRESS AND PRIORITIES

Industry recognition for local business cooperation to support apprentices
Since 2017, our people have delivered

maintenance services to the INPEX-

operated Ichthys LNG onshore

processing facilities as part of a

joint venture with Actemium called

TRACE. A

deepening relationship has

contributed to significant growth over

time and expanded the range of services

we provide to INPEX at one of the world’s

most significant energy developments.

INPEX and Ventia’s TRACE team received

the ‘Industry Collaboration of the Year’

award at the 2022 Northern Territory

Training Awards, which celebrate

the achievements of Territorians in

the VET

sector and recognise the

outstanding contribution made by

local trainees, apprentices, employers

and training providers.

The award recognises our efforts to

establish a rotation placement program

after precautionary measures taken to

protect workforces during the pandemic

limited the ability of apprentices

to continue learning in their usual

environments.

TRACE worked with INPEX and

Group Training Northern Territory to

temporarily outplace our apprentices

with local contracting partners as well

as Ventia’s Defence Services team in

Darwin to provide the apprentices

with meaningful exposure to their

chosen

trades.

Providing diverse learning opportunities

for our apprentices by working with our

local contracting partners benefitted

everyone involved, creating additional

capacity for the local businesses

and enabling our apprentices to

learn life skills, adapting to new

work

environments and building

important networks.

TRACE apprentice, Chynna Chadderton,

was also recognised by the Apprentice

Employment Network in 2022 as one

of the top five Aboriginal and Torres

Strait Islander Apprentice/Trainees of

the Year. Chynna is currently completing

a Certificate III in Business, providing

valuable office support services for our

TRACE team in Perth.

CASE STUDY

CONNECTING WITH COMMUNITY AT ARTHUR’S PASS

Ventia’s New Zealand

Telecommunications team made

a positive impact on the local

community when they delivered

a fibre build project on behalf of

Chorus at Arthur’s Pass, a village

nestled amongst the Southern Alps

of the South Island.

From the outset the team recognised

the build would be challenging and

set out to leave a light footprint on

the eco-sensitive area, where villages

are surrounded by National Parks.

Due to the remote location and tight-

knit community, managing logistics

and communication were central to

planning for success.

Ventia’s team joined the local

WhatsApp group to answer queries

and let villagers know which roads

they were working on so that vehicles

could be moved as needed.

Many residents were keen to reuse

large rocks found in spoil from

trenching for gardens and walls in

front of their properties. With our

client’s and local authorities’ support

the team facilitated donation of the

rocks to residents, which played a

small role in the circular economy,

and a large role in building local

relationships.

During the fibre build we assisted

with a community program to

rebuild an historic cricket field in the

area, providing hardfill and using

an excavator to help create a bund

between the highway and the field.

Some of the team even dug a trench

for a local café owner in their own time

one weekend.

Our Telecommunications team in

New Zealand is Redefining Service

Excellence by being highly responsive

to customer requests, client

escalations and council concerns;

being innovative by presenting

design alternatives to improve

delivery and cost efficiencies; and

being sustainable in how they work,

seeking opportunities to minimise

their impact on the environment and

always looking for ways to support

and build relationships with our local

communities.

Ventia Sustainability Report 2022 69

CASE STUDY
COMMUNITY GROUPS CONTINUE TO BENEFIT FROM VENTIA GRANTS

FOR LOCAL PROGRAMS

After receiving 115 applications

from across Australia for our 2022

Ventia Community Grants program,

37 community groups across

the Pilbara, Roxby Downs, Surat

Basin, Toowoomba, Gladstone and

the Northern Territory regions

received $73,000 in our annual

round of community grants.

The program aims to build regional

strength and sustainability through

supporting community organisations

and social activity.

Karratha Community House received

one of this year’s grants for the

Little Explorers program, a 10-week

play-based leaning program for

young children, which supports their

development of social confidence,

language and communication,

emotional wellbeing, positive

separation and self-help skills.

The

Little Explorers program has

received such positive feedback,

terms are being fully booked before

the previous term has ended.

Dymocks Childrens Charities have

committed to using the community

grant they received from Ventia in 2022

for a Library Regeneration program,

providing approximately 1,200 brand

new books to replenish libraries

across six schools in areas where

Ventia operates – giving almost 3,000

students access to a much-needed

updated library offering.

Established in 2011, our Community

Grants program provides funding

assistance of up to $2,000 per

applicant per round to support

activities and projects that provide

lasting community benefits in areas

such as community, education and

training, health, Indigenous, safety and

youth. A full list of 2022 grant recipients

is available at ventia.com.

Since the program launch over a

decade ago, more than $533,000 has

been distributed to 323 community

groups, schools, aged care providers,

sporting clubs and other small

organisations in the regions where we

have key operations.

Walking in honour of Olivia-Newton John

to help people with cancer thrive

Many Australians and people around

the world were deeply saddened by

the death of singing icon, Dame Olivia

Newton-John, in 2022. She brought joy

to millions, entertaining fans through

screen and song for more than 50 years.

One of her greatest legacies is the Olivia

Newton-John Centre (ONJ Centre) at

Austin Health in Melbourne, Australia.

The Centre was Olivia’s dream and

she believed passionately in providing

wellness therapies to support cancer

patients in body, mind and spirit.

The

facility provides world-class

treatment and conducts significant

cancer research.

Having worked with Austin Health for

more than a decade, we were proud

to sponsor Olivia’s Walk for Wellness

on 9 October 2022 to support people

with

cancer.

The 5km walk was held at Melbourne’s

Alexandra Gardens on the Sunday

morning, and even those not in

Melbourne that day were able to support

the event virtually from anywhere in the

world in memory of Olivia. Funds

raised

will go towards evidenced-based

programs that reduce the side effects

of treatments and support people with

cancer to thrive.

70 Ventia Sustainability Report 2022

Engaging with our communities continued

SOCIAL: PROGRESS AND PRIORITIES

Equipping disadvantaged youth
with work-ready skills

Boys to the Bush (B2B) is a not-for-profit

charity focused on engaging with some

of regional Australia’s most vulnerable

youth. Established by three former

school teachers, B2B runs camping trips

during school holidays, and provides

mentoring support to at-risk boys from

9-24 years of age living in Central-West

and Riverina New South Wales, and

North-East Victoria.

The 2022 program was sponsored by

Ventia’s Telecommunications team,

who were delivering nbn services in the

Albury-Wodonga region and recognised

the initiative as a great way to support

the community. The idea for a trades

camp arose early in the year when Boys

to the Bush and Ventia first partnered

to equip youth with work-ready skills

training and expose them to immersive

work experience.

B2B held their first week-long camp

at Howlong in early October, aiming

to provide an environment free from

distractions, encourage mateship,

resilience and a sense of belonging,

and offer the boys an opportunity to be

surrounded by positive influences, giving

them the best chance to succeed in life.

The boys in this cohort face considerable

challenges: 85% live in out of home

care (OOHC) arrangements, 50% have a

diagnosed disability or impairment, and

most lack adult role models.

The camp promises ‘freedom within

boundaries’ and while there is no set

itinerary, time away gives the boys

a chance to get out of their comfort

zone, discover who they are and build

confidence as they take part in a range

of

positive activities and are recognised

for their contributions by strong male

role models.

Members of Ventia’s team not only

attended the camp to actively support

and connect with the boys, but also

worked with them to develop their skills

and employability, including white card

industry induction training, teaching

them how to operate equipment and

undertaking a first aid course in how to

perform CPR.

Through this partnership, we aim to

assist Boys to the Bush in creating

important links between youth, school

communities and local employers,

hopefully resulting in more vulnerable

young people re-engaging at school

and integrating learning relevant to the

needs of companies like Ventia.

FUTURE FOCUS:

SOCIAL

In 2023, we aim to further

elevate our social impact,

targeting increased diversity

within our workforce and

supply chain, building the

social and cultural awareness

and capability of our team, and

embracing a wider network

of Indigenous and social

enterprises while we continue

to work in alignment with the

needs of our communities.

Continue to enhance

our inclusive culture by

providing core training

for employees


Respect@Work training.


Cultural Awareness training in

New Zealand and Australia.

Ensure respectful and

positive engagements

with the communities

in which we work and

throughout all we do


Launch our Reconciliation Action

Plan (RAP) 2023-2025 and embed

new participation targets in our

operations.


Develop and implement a

social sustainability framework

including a focus on local

engagement.

Achieve continued

growth in our supplier

diversity to enable

greater value creation

through our spend


Increase the number of

Indigenous businesses and social

enterprises we engage.


Increase our spend with

Indigenous businesses and social

enterprises as a % of Ventia’s

overall spend.

Ventia Sustainability Report 2022 71

GOVERNANCE
72 Ventia Sustainability Report 2022

OUR OBJECTIVESOUR OBJECTIVES
Sustainability is embedded in

our decision making

Trusted for our sustainable

business practices

Advancing sustainable and

ethical procurement

Ventia Sustainability Report 2022 73

74 Ventia Sustainability Report 2022
GOVERNANCE: PROGRESS AND PRIORITIES


At Ventia we take a measured and methodical approach to ensuring sound

governance is embedded in all of our business practices and consistently applied

throughout our operations.

Our approach to governance

Our approach to governance is founded

on our strategy and values which guide

how we do business, how we behave,

and represent what we stand for every

day. They are our guide to ensure

we focus on what’s right and what’s

important to our clients, employees and

the community.

Both our strategy and values are

embedded in Ventia’s Corporate

Governance Framework, which

enables our people to deliver on our

commitments and plays an integral role

in effective and responsible decision

making for our shareholders, people,

clients, partners, government, regulators

and the broader community.

Our Sustainability Council has

representation from across the business

and champions the implementation of

our Sustainability Strategy. The Council

is supported by working parties and

our advisory bodies, each focused on

continuous improvement in high priority

focus areas.

OPERATIONS RATING

‘Excellent’

Western Roads Upgrade Infrastructure

Sustainability Certification

Infrastructure Sustainability Council

FINALIST

‘Australian In-House Team of the Year’

Ventia Legal Team

Australasian Law Awards

SUSTAINABILITY RATING

‘5-STAR’

Eastlink

1

GRESB (Global Real Estate Sustainability Benchmarking)

1 Ventia provide operations and maintenance services to EastLink.

Awards

Sustainability governance

WINNER

Ventia Group Company Secretary

Zoheb Razvi

2022 Governance Top 100

Ventia Sustainability Report 2022 75
INDEPENDENT

ASSURANCE

GROUP COMPANY SECRETARY

Safety &

Sustainability

Committee

Audit, Risk &

Compliance

Committee

People &

Remuneration

Committee

Nominations

Committee

Work Winning

& Tender

Committee

Executive

Leadership

Team

Accountability and reporting

Delegation

Delegation

and oversight

Accountability

and Reporting

Delegation

BOARD OF

DIRECTORS

MANAGING DIRECTOR

AND GROUP CEO

Responsibility for the

day-to-day operations

S

T

A

K

E

H

O

L

D

E

R

S

Sustainability

Council

Our Corporate Governance Framework

EXTERNAL STAKEHOLDERS




VENTIA BOARD

SAFETY AND SUSTAINABILITY COMMITTEE

INDIGENOUS

ADVISORY

BOARD

REGIONAL

INDIGENOUS

STEERING

COMMITTEES

INTERNAL STAKEHOLDERS / FUNCTIONAL SUBJECT MATTER EXPERTS

DIVERSITY AND

INCLUSION

CHAMPIONS

SAFETY, HEALTH

AND WELLBEING

CHAMPIONS

RESOURCE

EFFICIENCY

CHAMPIONS

DIVERSITY AND

INCLUSION

WORKING PARTY

MAORI

WORKING

PARTY

RESOURCE

EFFICIENCY

WORKING PARTY

GOOD

GOVERNANCE

WORKING PARTY

SUSTAINABILITY COUNCIL

SUSTAINABILITY CHAMPION NETWORK

OUR PEOPLE

Our Sustainability Governance Model

76 Ventia Sustainability Report 2022
GOVERNANCE: PROGRESS AND PRIORITIES

Sustainability governance continued

Board sustainability governance

Our Board Safety and Sustainability

Committee met four times throughout

the year and in addition to reviewing

and approving the annual Sustainability

Report and targets, the Committee

received:


quarterly management reports

related to SHEQ and sustainability,

and


deep-dives into topical

environmental, social and

governance topics.

A change of Directors in March 2022

resulted in the majority of Ventia’s Board

comprising Independent Non-Executive

Directors (57.0%).

To provide professional development

for Directors, the Committee enhanced

their understanding of the Task Force

on Climate-related Financial Disclosures

(TCFD) reporting framework through a

presentation from KPMG.

The Safety and Sustainability Committee

Charter was reviewed in December 2022

with enhancements made to ensure it

remains aligned to market practice and

is fit for purpose at Ventia.

A key role of the Safety and Sustainability

Committee is to review and recommend

sustainability related policies and

reports to the Board for approval. In

December the Board approved Ventia’s

new Indigenous Relations Policy.

Ventia complies with all recommendations

under the ASX Corporate Governance

Council’s Corporate Governance

Principles and Recommendations

(4

th

Edition) with the exception of

recommendation 2.5, which provides that

the Chair of the Board of a listed entity

should be an Independent Director.

Executive remuneration

The purpose of Ventia’s Executive

Remuneration Framework is to facilitate

long-term sustainable growth for our

shareholders. This includes ensuring

remuneration levels are market

competitive and sufficient to attract,

motivate and retain suitably qualified

individuals, focused on Ventia’s

strategic

priorities.

The Executive Remuneration Framework

also aligns with Ventia’s strategy

and values. It is underpinned by key

objectives that guide decisions, drive

desired behaviours, and support our

environment, social and governance

(ESG) principles and risk appetite. In

2022 the short-term incentive bonus for

qualifying executives and senior managers

included achievement of greenhouse

gas emissions reduction targets as an

evaluation criterion, in addition to safety

and financial performance.

The Group’s Director and Executive

Remuneration Frameworks and how

they contribute to the execution of our

business strategy are outlined in Ventia’s

2022 Annual Report.

Our Code of Conduct

The Ventia Code of Conduct (Code) sets

out clear and consistent behavioural

standards expected from our people,

suppliers and subcontractors. Our Code

guides how we work – with each other,

our clients, service providers, suppliers

and communities. It strengthens our

relationships, inspires confidence in

what we do and how we do it, and

protects Ventia and our reputation.

Contained within our Code are our

conduct principles, encapsulating our

commitments, minimum standards of

behaviour and responsibilities in detail.

Each conduct principle is underpinned

by key Ventia policies.

Code of Conduct training is part of our

induction process and a mandatory

annual training requirement for

employees. In 2022, 93.0% of our full-

time employees completed this training.

The training is designed to provide a

practical explanation of our Code, using

examples of how our Code is applied

in practice to meet not only our own

expectations of good governance, but

also those of our stakeholders. This year,

racial discrimination was a new inclusion

in the training to align to key focus areas.

Adherence to the Code of Conduct

is also required of suppliers in our

standard procurement terms, however

this year we set a target to confirm

significant suppliers are compliant.

A

Business Partners’ due diligence

survey incorporating questions on

the Code was sent to all vendors with

whom

we spend >$1 million. 90.0% of

these significant suppliers responded

to the survey confirming compliance.

Modern Slavery governance

We lodged our second Modern

Slavery Statement in June 2022.

The Statement is available on our

website and includes case studies on

addressing the treatment of vulnerable

workers, managing Visa compliance

in our Australian cleaning business

and a training pilot for motorway first

responders. In 2022 we held the first

modern slavery face-to-face training

sessions with incident response,

supervisors and control room personnel

on our NSW motorways and tunnels

contracts. We also conducted a deep-

dive into our modern slavery risk

management and are continuing our

focus on improving visibility of risk

throughout our extended supply chain,

beyond our directly engaged suppliers.

We continue to be an active member of

the Infrastructure Sustainability Council

Modern Slavery Coalition to drive

industry awareness and change. In 2022

we contributed to the preparation of an

industry-wide impact note on modern

slavery with a Ventia risk management

case

study.

Improving data management and

processes

This year we introduced VenSec, a

system to automate elements of our

governance, with digital requests for

bond and bank guarantees.

We continue to improve our data capture

processes, refining our measurement,

benchmarks and reporting across

environmental and social metrics.

Improved data processes supported a

re-evaluation of our 2021 sustainability

performance and where updates were

required, we have re-stated in this

Report. To provide more transparency

on our progress we have developed a

Sustainability Data Centre on our website

including environment, social and

governance indicators.

Ventia Sustainability Report 2022 77
CASE STUDY

SUSTAINABILITY GOVERNANCE SETS STRONG FOUNDATION FOR

INFRASTRUCTURE SUSTAINABILITY RATING

In October 2022, our Western

Roads Upgrade (WRU) project

was recognised by peak body

the Infrastructure Sustainability

Council’s (ISC) rating scheme,

achieving an ‘Excellent’

Infrastructure Sustainability (IS)

Operations rating certification

after a stringent three-year

assessment process.

The rating scheme is Australia and

New Zealand’s only comprehensive

rating system across all stages of the

infrastructure lifecycle. Grounded in

best practice it evaluates sustainability

performance across the ‘quadruple

bottom line’ – incorporating the

governance, economic, environmental

and social aspects of infrastructure

development, throughout the

planning, design, construction

and

operational phases of

infrastructure assets.

The WRU project is a $1.8 billion

investment to improve roads in

Victoria’s western suburbs that began

in 2018 and includes a maintenance

contract for the ongoing care of 260km

of road between West Melbourne and

Werribee. As well as delivering road

rehabilitation works and strengthening

key structures in the capital works

phase, Ventia are the services

contractor to Netflow for the 23-year

project term. The team embarked on

the IS rating to provide benchmarking

and independent verification of the

sustainability performance of the WRU

network and Ventia’s operations.

In preparation for rating evaluation

and to achieve required credits,

Ventia’s WRU team completed a depth

of work with their ISC Case Manager –

from registration and assessment, to

verification and certification. Evidence

is measured and collated throughout

the rating period and it’s essential for

the project to demonstrate they are

constantly striving to improve, and that

sustainability is embedded throughout

all processes and decisions.

Highlights of our achievements at

WRU contributing to the IS rating are

our Indigenous participation, and

innovations including a pavement

design methodology resulting in

a reduction in lifecycle materials

impacts, the introduction of an EV

truck, new pit sensor technologies,

and collaborative trials to provide

sustainable road solutions using

recycled plastics.

Reaching this milestone makes

the WRU network one of only two

infrastructure assets to receive an

Operations rating this year.

Our client Transurban was also

awarded an ‘Excellent’ rating for IS

Operations for the Hills M2 Motorway

in 2022 where we provide maintenance

services. Transurban’s rating

recognised a ‘market transformational’

innovation delivered through Ventia’s

driver behaviour program, which

combined with In-Vehicle Monitoring

demonstrates emissions reduction.

78 Ventia Sustainability Report 2022
GOVERNANCE: PROGRESS AND PRIORITIES

Our approach to cybersecurity

Cybersecurity is increasingly

important to Ventia’s clients. As

operators of critical infrastructure,

defence and government services,

all play a significant role in the

everyday lives of the residents of

the countries where we operate,

and therefore have a focus on and

an interest in protecting the privacy

of employee and client data.

Cybersecurity

With the global escalation of

cyberattacks experienced by companies

of all sizes across Australia and

New Zealand over the last few years,

never has this been more of a priority.

To ensure we stay ahead of these

evolving threats, we reviewed and

updated our cybersecurity strategy in

2022, aligning it with our overarching

Ventia business strategy to Redefine

Service Excellence.

The Ventia Information Management

Framework sets out the guidelines and

standards for our business to operate

securely. While it is mainly focused on

ensuring IT solutions meet a strong

level of compliance, it also includes

acceptable use and classification and

handling standards, which are user

focused.

Our Framework has been independently

audited to ensure it addresses current

cyber risks, which are identified in a

range of ways including but not limited

to scanning our environment for

vulnerabilities, monitoring malicious

activity and open-source threat intel

sources, and users reporting social

engineering and phishing attempts. In

2023 the Framework, which is published

internally and forms part of all-employee

training, will be further enhanced

and updated to align with the latest

ISO27001:2022 industry standard.

We continue to review our security

controls such as endpoint detection

and response, cloud-based internet and

email filtering and identity management,

invest in innovative technologies

including the use of Artificial Intelligence

(AI) and managed security services,

and review and improve our incident

detection and response capabilities.

We work with cybersecurity industry

leaders to augment our internal

capabilities in these areas and have

plans in place to further enhance our

capabilities with new and emerging AI

based solutions in the future.

Crisis management

We maintain an incident response

retainer with a cybersecurity industry

leader to enable us to rapidly deploy

specialist forensic and incident

response

teams in case of any serious

cyber incidents.

To ensure our response plans remain

fit for purpose our existing crisis

management plan has been reviewed

and we are now collaborating with

specialists to further enhance it. In 2023

we will introduce improved operational

resilience plans for our Ventia Sectors,

ensuring they can maintain our critical

services to our clients in the unlikely

case of significant outages and other

potential crisis scenarios.

To build and ensure the expertise of

our management team to respond and

enact our response plans if needed, we

will conduct training exercises in 2023

to assess and further develop these

capabilities.

Supporting our Ventia team

We recognise that our last line of defence

against cyber threats is the wider Ventia

team. We educate and inform them

through ongoing cybersecurity training,

which includes annual mandatory

training and optional cyber training

from award winning training companies

using innovative approaches to make

the training both informative and

entertaining. The effectiveness of the

training is continuously evaluated

through regular phishing tests and

focused remediation training.

This investment not only helps protect

Ventia from social engineering threats,

but also helps to protect the digital

personal lives of our team by building

their individual capability to recognise

and deal with online threats, fraudulent

and suspicious emails and online

behaviour.

Ventia Sustainability Report 2022 79
Work closely with our

partners to identify and

target significant risks


Further our understanding and

assessment of modern slavery risk

throughout our operations and our

supply chain.

Increase transparency

and verification in data

and

reporting


Build on 2022 progress and expand

the sustainability metrics assessed

for independent limited assurance.

Enhance data

protection and

information

security


Enhance and update the Ventia

Information Management Framework

to align with the latest ISO27001:2022

industry standard.

FUTURE FOCUS: GOVERNANCE

We will continue to develop and embed sustainable governance practices to support sound decision making and

ensure integrity throughout our business and in all our interactions.

CASE STUDY

THE INSIDE MAN

Ventia worked with cybersecurity training leader, KnowBe4, to deploy their innovative training series ‘The Inside

Man’, a TV network-quality video series that delivers key cybersecurity principles to audiences in a fun and

engaging way. The series has been specifically developed to harness authentic hacking and social engineering

scenarios using an edge-of-the-seat, emotionally engaging drama.

Each episode focuses on a different

topic to inform and empower smart

decision making in the workplace and

at home. From social engineering,

insider threats and physical

security, to phishing and deepfakes,

‘The

Inside Man’ reveals lessons about

how outsiders can invade our privacy,

infiltrate networks and steal our

information.

Since it launched in 2019 ‘The Inside

Man’ has won international awards

including Gold at the 2021 Cannes

Corporate TV and Media Awards,

showcasing its high standard of

innovative delivery, not only in security

training, but also in TV production.

Team members log into a specialised

training platform to watch the latest

episode or catch up on previously

released seasons. With 12 episodes

only running for approximately

80

minutes, Ventia’s team have so

far watched about 1,000 hours of

this entertaining learning series and

feedback has been highly positive,

some even saying they look forward

to the next episode being delivered to

their inbox.


PricewaterhouseCoopers, ABN 52 780 433 757

One

International Towers Sydney, Watermans Quay, Barangaroo NSW 2000, GPO BOX 2650 Sydney NSW 2001

T: +61 2 8266 0000, F: +61 2 8266 9999, www.pwc.com.au

Level 11, 1PSQ, 169 Macquarie Street, Parramatta NSW 2150, PO Box 1155 Parramatta NSW 2124

T: +61 2 9659 2476, F: +61 2 8266 9999, www.pwc.com.au



Liability limited by a scheme approved under Professional Standards Legislation.

Independent Limited Assurance Report to the Directors of Ventia

Services Group Limited

What we found

Based on the procedures performed and the evidence we have obtained, nothing has come to our

attention that causes us to believe that the Selected Subject Matter within Ventia Sustainability

Report 2022 for the year ended 31 December 2022 (the ‘Report’) has not been prepared, in all

material respects, in accordance with the Reporting Criteria. This conclusion is to be read in the

context of what we say in the remainder of our report.

What we did

Ventia Services Group Limited (‘Ventia’ or ‘the Group’) engaged us to perform a limited assurance

engagement on the Selected Subject Matter within the Ventia Sustainability Report for the year ended

31 December 2022.

Selected Subject Matter

The scope of our work was limited to assurance over the Selected Subject Matter below:

Metric Reported for the year ended 31 December 2022

Environment

Scope 1 & 2 emissions 60,175 tCO2-e - Scope 1 & 2 emissions (as disclosed on page 18 of the Report)

Emissions intensity 11.6 t/$m - Emissions intensity (as disclosed on page 18 of the Report)

Energy consumption 683,019 GJ - Energy use (as disclosed on page 19 of the Report)

Renewable electricity 437.96 MWh - Renewable energy usage (as disclosed on page 14 of the

Report)

Hybrid & Electric Vehicles 213 - Hybrid and electric vehicles (as disclosed on page 20 of the Report)

Social

Female participation

42.9% of Directors are Female (as disclosed on page 52 of the Report)

22.2% Executive Leadership team (as disclosed on page 15 of the Report)

20.3% Women in Senior Management (as disclosed on page 15 of the Report)

29.7% Female participation: All employees (as disclosed on page 15 of the

Report)

Total Recordable Injury

Frequency Rate (TRIFR)

and Serious Injury

Frequency Rate (SIFR)

3.71 - TRIFR (as disclosed on page 40 of the Report)

0.29 - SIFR (as disclosed on page 40 of the Report)


Spend with Aboriginal and

Torres Strait Islander

businesses in Australia

$107.3 million (as disclosed on page 61 of the Report)


Spend with social

enterprises in Australia

$11.3 million (as disclosed on page 61 of the Report)






80 Ventia Sustainability Report 2022

Independent Limited Assurance Report

to the Directors of Ventia Services Limited



2


The Selected Subject Matter did not include:

● data sets, statements, information, systems or approaches other than the selected performance

indicators and related disclosures;

● forward looking statements; or

● any comparisons made against historical data.

Reporting Criteria

The Selected Subject Matter needs to be read and understood together with the Reporting Criteria,

being the boundaries, definitions and methodologies found in Ventia’s Environmental and Social

Basis of Preparation for the year ended 31 December 2022, referenced on page 1 of the Report

1

and

linked at www.ventia.com/sustainabilitymetrics on the date of this assurance report, which the Group

is solely responsible for selecting and applying.

Our Independence and Quality Control

We have complied with the ethical requirements of the Accounting Professional and Ethical Standard

Board's APES 110 Code of Ethics for Professional Accountants (including Independence Standards)

relevant to assurance engagements, which are founded on fundamental principles of integrity,

objectivity, professional competence and due care, confidentiality and professional behaviour.

Our firm applies Australian Standard on Quality Management ASQM 1, Quality Management for

Firms that Perform Audits or Reviews of Financial Reports and Other Financial Information, or

Other Assurance or Related Services Engagements, which requires the firm to design, implement and

operate a system of quality management including policies or procedures regarding compliance with

ethical requirements, professional standards and applicable legal and regulatory requirements.

Responsibilities

PricewaterhouseCoopers

We are responsible for:

● planning and performing the engagement to obtain limited assurance about whether the

Selected Subject Matter is free from material misstatement, whether due to fraud or error;

● forming an independent conclusion, based on the procedures we have performed and the

evidence we have obtained; and

● reporting our conclusion to the Directors of Ventia Services Group Limited.

Ventia Services Group Limited

The Group’s management is responsible for:

● preparing the Selected Subject Matter as well as the Sustainability Report in its entirety;

● the prevention and detection of fraud and error in relation to the Selected Subject Matter;


1

The maintenance and integrity of Ventia’s website is the responsibility of the Ventia Services Group Limited; the work carried

out by us does not involve consideration of these matters and, accordingly, we accept no responsibility for any changes that may

have occurred to the reported Subject Matter Information or Reporting Criteria when presented on Ventia Services Group

Limited’s website.

Ventia Sustainability Report 2022 81



3


● the design and operation of controls to ensure the completeness and accuracy of information

within the Sustainability Report, including but not limited to the Selected Subject Matter; and

● determining suitable Reporting Criteria for reporting the Selected Subject Matter within the

Sustainability Report and publishing those Reporting Criteria such that they are available to

expected users of the report.

What our work involved

We conducted our work in accordance with the Australian Standard on Assurance Engagements

(ASAE) 3000 Assurance Engagements Other than Audits or Reviews of Historical Financial

Information (Revised) and ASAE 3410 Assurance Engagements on Greenhouse Gas Statements. This

Standard requires that we comply with independence and ethical requirements and plan the

engagement so that it will be performed effectively.


Main procedures performed

The main procedures we performed were:

● Enquiring of relevant management of the Group regarding the processes and controls for

capturing, collating, calculating and reporting the Selected Subject Matter, and evaluating the

design effectiveness of selected controls;

● Testing the mathematical accuracy of a sample of calculations with respect to the Selected

Subject Matter;

● Assessing the appropriateness of the estimates, assumptions and methodologies applied in

calculating the Selected Subject Matter and testing these assumptions against publicly

available research and analysis on a sample basis;

● Agreeing the Selected Subject Matter to underlying data sources and calculations; and

● Undertaking analytical procedures over the performance data utilised within the calculations

and preparation of the Selected Subject Matter.

Our procedures did not include evaluating the suitability of design or operating effectiveness of control

activities, testing the data on which the estimates are based or separately developing our own

estimates against which to evaluate Ventia Services Group’s estimates nor did we perform procedures

on financial information extracted from the audited accounts of Ventia Services Group and used in the

calculation of Emissions Intensity.

We believe that the information we have obtained is sufficient and appropriate to provide a basis for

our conclusion.

82 Ventia Sustainability Report 2022

Independent Limited Assurance Report continued



4


Limited assurance

This engagement is aimed at obtaining limited

assurance for our conclusion. As a limited

assurance engagement is restricted primarily to

enquiries and analytical procedures and the work

is substantially less detailed than that undertaken

for a reasonable assurance engagement, the level

of assurance is lower than would be obtained in a

reasonable assurance engagement.

Professional standards require us to use negative

wording in the conclusion of a limited assurance

report.

Inherent limitations

Inherent limitations exist in all assurance

engagements due to the selective testing of the

information being examined. Therefore fraud,

error or non-compliance may occur and not be

detected. Additionally, non-financial data may be

subject to more inherent limitations than

financial data, given both its nature and the

methods used for determining, calculating and

sampling or estimating such data. The absence of

a significant body of established practice on

which to draw to evaluate and measure non-

financial information allows for different, but

acceptable, evaluation and measurement

techniques that can affect comparability between

entities and over time.

Restriction on use

This report including our conclusions, has been

prepared solely for the Board of

Directors of Ventia in accordance with the agreement

between us, to assist the directors in responding to

their governance responsibilities by obtaining an

independent assurance report in connection with in

reporting on the Selected subject matter.

We disclaim any assumption of responsibility for any

reliance on this report to any persons or users other

than the Board of Directors of Ventia, or for any

purpose other than that for which it was prepared.




Carolyn Cosgrove

Partner

15 March 2023

PricewaterhouseCoopers

Sydney


Ventia Sustainability Report 2022 83

“The essential work we do enables Ventia
to positively impact our communities and

our world as we go about the business of

supporting our clients, so that people and

the planet can thrive for years to come.”

MANAGING DIRECTOR AND GROUP CEO,

DEAN BANKS

84 Ventia Sustainability Report 2022

Ventia Sustainability Report 2022 85

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