The Company recognises that it has responsibilities to other stakeholders beyond its shareholders, who include employees, customers, suppliers, and the local community. The Board accepts its responsibility to be accountable to all stakeholders.
The Company is dedicated to supplying high quality technology products that meet the requirements of its customers in a manner consistent with high environmental and ethical standards.
Torotrak’s activities are focused on the development of products that offer improved fuel economy and reduced emissions for commercial and passenger vehicles. Our premises are composed mainly of offices and test facilities. Our operations are therefore “low impact” in environmental terms.
The Group does not provide Company cars. The provision of facilities for cyclists encourages greener commuting. Telephone and video conferencing are used extensively, providing alternatives to international travel. Wherever possible, the Group continues to adopt initiatives to lessen our environmental impact.
Ethical business practices
Torotrak takes its legal and ethical responsibilities very seriously and is committed to following good and ethical practices.
The Company recognises its legal responsibilities to ensure the wellbeing, safety and welfare of its employees and to maintain a safe environment for visitors and any subcontractors while they are on the Company’s premises. All staff are instructed on the Company’s health and safety policy upon joining, and contractors are required to have personal tadalafil liability insurance coverage, where appropriate.
Torotrak is committed to the principles of respect and equality in the workplace, and seeks to ensure employee satisfaction and motivation by providing class-leading benefits, including a competitive pension scheme, healthcare, life insurance, income protection, and holiday allowance. In addition to on-the-job training, we also encourage our people, particularly graduates, to work towards achieving professional vocational qualifications, including chartership with the IMechE.
Torotrak is committed to the principle of equal opportunity in employment and its internal procedures reflect this. The principle is supported by the Company’s recruitment, disciplinary, and grievance procedures.