Urenco Annual Report 2022

36 Urenco Annual report and accounts 2022 Our strategy: priority focus areas Strategic report 01 Sustainability Governance and ethics We have a strong focus on governance and ethics – ensuring we are fully compliant with regulatory frameworks, preserving the security of the civil nuclear industry, operating in an open and accountable manner, and ensuring Urenco remains a trustworthy and valuable contributor to society. We continuously improve our security measures to ensure we stay ahead of any threats and keep our assets and the environment safe.We use threat information provided by the intelligence services from the countries in which we operate as well as advice from industry organisations and the International Atomic Energy Agency (IAEA) on good practice in implementing security measures, plus thinking from commercial security providers on innovations in the security field. The effectiveness of Urenco’s security is tested and checked in periodic inspections by nuclear regulators and by security exercises with internal and external stakeholders. This provides a solid basis for verification that we continue tomeet all regulatory requirements and ensure our processes are robust and fit for purpose. Additionally, we preserve the privacy of personal data, and continue to ensure strict adherence to all relevant regulatory and industry standards. In 2023 we will continue to invest in further improved technical security measures, effective organisational security procedures and inmaintaining a high level of security awareness among our workforce. In relation to safety, there has been an increase in incidents compared to last year (pages 3, 8 & 36), none of which were nuclear related. Despite this, we take slips, trips and falls very seriously in addition to all other risks. Our aim is to achieve the ‘interdependent’ stage of the DuPont Bradley Curve, taking personal accountability for our safety and the safety of others, and we will work to improve our performance in 2023. In 2022 we refreshed our Code of Conduct, which contains ethical standards to serve the needs of our workforce, customers, suppliers, communities and other key stakeholders. It further bolsters human rights and sets out the expected standards, providing a range of resources and practical, relevant guidance. There is a complementary Code of Conduct for our suppliers. It is important Urenco has a strong speak-out culture to address any actions whichmay be in breach of regulations or the Code of Conduct. Our Speak-Out procedure, available to staff, customers, suppliers, the public and other stakeholders, has been designed to ensure concerns are dealt with in a timely, sympathetic, fair and effective manner; anonymity is maintained and those who speak-out are fully protected against any formof negative consequences; and there is a fair process for all parties involved. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels. UN Sustainable Development Goals