As a valuation and advisory company our performance is founded on the quality and sustainability of the relationships that we have with our employees, our customers and our shareholders, as well as with the communities and professional industries with which we are associated and, at a higher level, the environment.
We deeply value our relationships with these stakeholders and are committed to being responsible as a company to meeting their needs and enhancing the experience we afford each of them; as a member of our team, in the quality of professional service we provide, in the strength of shareholder returns we deliver, or in the contribution we make to community well-being and environmental sustainability. To fulfill this commitment we have developed a corporate responsibility strategy called Valued Relationships and a Corporate Responsibility Policy.
In 2015 LMW conducted a materiality assessment to determine which environmental, social or governance (ESG) are most material to our business and our key stakeholders. Examples of the issues that ranked as highly important included:
To respond to our most material issues LMW is working to four strategic objectives over the next three years and with four guiding principles.
Objective 1: Employee Attractive
Attract the best people to work for us, including through embracing diversity, being fair, supporting well-being and productivity and enabling rewarding career paths.
Objective 2: Green Building Progressive
Help lead our market in the advancement of green real estate application in valuation and advisory. Reduce the environmental footprint of our own operations.
Objective 3: Industry Shaping
Play an active role in helping to shape our industry to operate responsibly and for the sustained benefit of all of its stakeholders.
Objective 4: Community Caring
Support the well-being of communities we are associated with.
Principle 1: Maintain excellence in governance.
Principle 2: Be transparent with our performance.
Principle 3: Care for people.
Principle 4: Be prepared to lead our clients and industry.
Through FY2016 LMW is taking the following actions: